Loading

€11.99 €9.99

Become an Alison Ambassador with Alison T-Shirts!

Pre-Order Now!
Alison Logo

Modern Economics

Join 3,250 other students
Modern Economics
  • Description
  • Outcome
  • Certification
  • Following the recent global financial crisis there has been a huge increase in people seeking to learn about how economies and modern economic systems work. People now realise that economic decisions taken in one country can dramatically affect the economies of other countries around the world. This free online course examines in detail economic concepts and principles such as Capacity Utilization Rate, Return on Assets, Gross profits, Cost of Goods Sold, Earnings Before Interest and Taxes, Breakeven point, Aggregate Capacity, Aggregate Demand, and Aggregate Utilization. The course also looks at the rise of the Chinese economy and how it affects the economy of a country like America, for example, in terms of China buying US government bonds and in relation to the Chinese-US balance of payments. The course will be of great interest to finance and business professionals who would like to gain a deeper understanding of modern economic concepts and principles, and to anyone who would like to learn more about how the economies of the world are interrelated.

  • Learning outcomes:
    - Understand economic concepts and principles such as Capacity Utilization Rate, Return on Assets, Gross profits, and Cost of Goods Sold;
    - Understand the principles behind Earnings Before Interest and Taxes, Breakeven point, Aggregate Capacity, Aggregate Demand, and Aggregate Utilization;
    - Examine the rise of the Chinese economy and how it affects the economy of a country like America;

  • All Alison courses are free to study. To successfully complete a course you must score 80% or higher in each course assessments. Upon successful completion of a course, you can choose to make your achievement formal by purchasing an official Alison Diploma, Certificate or PDF.

    Having an official Alison document is a great way to celebrate and share your success. It is:

    • Ideal to include with CVs, job applications and portfolios
    • A way to show your ability to learn and achieve high results