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Every day people produce, distribute, and consume goods and services, and with Alison's free online economics courses you can learn exactly how this fascinating process works and affects you. With our training classes, you will learn the different aspects of competition in the marketplace, study the relationships between price and quantity supplied, examine the elasticity of supply and demand, and gain a strong understanding of taxes...…Read More
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Economics Courses

Beginner Fractional Reserve Banking - Revised
- Describe what fractions reserve banking is and how it wo...
- Define what the main pros and cons of the system are
- Outline what the alternative, namely full res... Read More

Overview of Macroeconomics
- Define the quantity demanded of a good or service and il...
- Compare between various pairs of economic concepts
- Identify supply shifters
- State whether a change in a supply shifter ca... Read More

Understanding the Inner Workings of the Economy
- Identify the diverse components of the world's economy
- Recall the mechanics of transactions and how they affect...
- Discuss the interconnectedness of the world’s... Read More

Diploma in Managerial Economics
- Define 'economics'
- Discuss managerial economics
- Explain basic concepts in managerial economics
- Categorize economic functions Read More

Diploma in Managerial Economics - Market Theory
- Discuss the concept of 'the market'
- Categorize the various types of market
- Explain long-run equilibrium Read More

Government Economic Policy - Introduction
- Discuss the role of the federal reserve
- Explain the concept of fractional reserve banking
- Explain the role of the FDIC Read More

Global Justice, Poverty, and Modern Slavery: A Closer Look
- Explain the ethical theories behind humanitarian interve...
- Indicate the role of sovereignty in global justice debat...
- Outline the different economic theories of gl... Read More

Financial Funds
- Define acronyms related to financial funds
- Explain how open-end and closed-end mutual funds operate
- Outline the method to calculate the net asset value (NAV...
- Describe how hedge funds operate and the role... Read More

The Buying and Trading of Currency
- Describe how the market works and the major currency pai...
- Summarise common trading mistakes and how to avoid them
- Identify various forex trading scams and how ... Read More

Aggregate Supply and Demand
- Describe how supply and demand in the market affect the ...
- Discuss the difference between short run and long run su...
- Outline how economic models are compiled
- See how perceived wealth can affect our econo... Read More

Introduction to Stocks and Short Selling
- Define what stocks and shares are
- Examine how to work out how they are valued
- Identify how shorting works when buying and s... Read More

Understanding Monopolies in Economics
- Define what a monopoly is
- Identify how a monopoly can influence a market
- Explain concepts such as total revenue, margi... Read More

Currency Exchange
- Outline how currency exchange how it works
- Summarize what a trade imbalance is
- List some of the advantages and disadvantages of a trade...
- Describe treasury bonds, liquid assets and th... Read More

Microeconomics: Competition in the Marketplace
- Define private, external, social costs and Pigouvian tax...
- Discuss externalities, both costs and benefits
- Explain social surplus, fixed costs, variable... Read More

Inflation in Modern Economies
- Define ‘inflation’ and ‘deflation’
- Describe various factors that cause inflation
- Identify the negative effects of higher inflation
- Indicate the process of calculating real and ... Read More

Microeconomics: The Consumer
- Explain price discrimination and discuss how it can help...
- Define and discuss 'tying' and 'bundling'
- Discuss the marginal product of labour
- Discuss how unions can either lower or raise ... Read More
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