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Introduction to Economics · LearnSpace
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Introduction to Economics

Курс от Birla Institute of Technology & Science, Pilani
Средний≈ 79.7 чАнглийский
О курсеНавыкиПрограммаПреподаватели

О курсе

The course “Introduction to Economics” aims to prepare you for a comprehensive understanding of the key concepts in economics, making it a perfect starting point for students and professionals who are new to the subject. In this course, you’ll be introduced to the core principles of microeconomics and macroeconomics, and you will explore how individuals, firms, and governments make economic decisions. You’ll learn about consumer behaviour, firm behaviour, market structures, monetary and fiscal policies, international trade, and much more. This course covers a wide variety of topics in economic theory and practice that are designed to give you an overview of what’s to come in more advanced economics courses and real-world economic problem-solving. By the end of this course, you will have a strong foundation in economics and the analytical tools to understand how economies function at both the national and global levels.

Навыки, которые вы освоите

Supply And DemandEconomicsMarket DynamicsCapital MarketsGeneral FinanceConsumer BehaviourResource AllocationFiscal ManagementSocial SciencesBusiness EconomicsFinancial SystemsSocioeconomicsFinancial MarketPublic PoliciesMarket DataLabor LawFinancial PolicyMarket AnalysisDecision MakingEconomic Development

Программа курса

10 модулей · 315 учебных материалов

01Foundations of Economics: Scarcity, Choice, and Opportunity Cost23 материалов

Course Introduction

Course OverviewЧтениеMeet Your Instructor - Prof. Vamsidhar AmbatipudiВидеоMeet Your Instructor - Prof. Gaurav Nagpal ВидеоCourse IntroductionВидео

Introduction to Economics and Core Concepts

Учитесь у экспертов

BITS Pilani Instructors Group

Преподаватель курса

Introduction to Economics
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Обучение на Coursera

≈ 79.7 ч

10 модулей

Язык: Английский

Часть программы вашего университета
What is Economics?Видео
Economics and Decision-MakingВидео
The Concept of Scarcity and ChoiceВидео
Opportunity Cost and Trade-offsВидео
Economic Thinking in Everyday LifeВидео
Recommended Reading: Introduction to Economics and Core ConceptsЧтение
Introduction to Economics and Core ConceptsЗадание

Economic Systems

Introduction to Economic SystemsВидеоCommand Economy and Mixed EconomyВидеоRecommended Reading: Economic SystemsЧтениеEconomic SystemsЗадание

Production Possibility Frontier (PPF)

What is the Production Possibility Frontier (PPF)?ВидеоPPF: Understanding Trade-Offs and Opportunity CostВидеоShifts in the PPFВидеоApplications of the PPF in Decision-MakingВидеоRecommended Reading: Production Possibility FrontierЧтениеProduction Possibility Frontier (PPF)Задание

Summary and Assessment

Unit 1: Notes, PPT, and Case StudyЧтениеUnit 2: Notes, PPT, and Case StudyЧтение
02Demand, Supply, and Market Equilibrium26 материалов

Demand and the Law of Demand

What is Demand?ВидеоThe Law of DemandВидеоFactors Affecting the DemandВидеоGraphing the Demand CurveВидеоRecommended Reading: Demand and the Law of DeЧтениеDemand and the Law of DemandЗадание

Supply and the Law of Supply

What is Supply?ВидеоThe Law of SupplyВидеоFactors Affecting SupplyВидеоGraphing the Supply CurveВидеоRecommended Reading: Supply and the Law of SupplyЧтениеSupply and the Law of SupplyЗадание

Market Equilibrium and Price Determination

What is Market Equilibrium?ВидеоShifts in Demand and Supply: Effects on EquilibriumВидеоGraphing Market EquilibriumВидеоReal-World Applications of Market EquilibriumВидеоRecommended Reading: Market Equilibrium and Price Determination ЧтениеMarket Equilibrium and Price DeterminationЗадание

Elasticity

Introduction to ElasticityВидеоPrice Elasticity of Demand (PED)ВидеоIncome Elasticity of DemandВидеоPrice Elasticity of SupplyВидеоRecommended Reading: ElasticityЧтениеElasticityЗадание

Summary and Assessment

Unit 3 NotesЧтениеGraded Quiz for Week 1 and 2Задание
03Consumer Behavior and Firm Behavior25 материалов

Consumer Behaviour and Utility

Introduction to Consumer BehaviourВидеоUtility and Marginal UtilityВидеоIndifference Curves and Budget ConstraintsВидеоConsumer EquilibriumВидеоRecommended Reading: Consumer Behaviour and UtilityЧтениеConsumer Behaviour and UtilityЗадание

Consumer Choice Theory

Introduction to Consumer Choice Theory ВидеоIncome and Substitution EffectsВидеоReal-life Examples of Theory of Consumer ChoiceВидеоUtility Maximisation and Demand CurveВидеоRecommended Reading: Consumer Choice TheoryЧтениеConsumer Choice TheoryЗадание

Firm Behaviour and Cost Structures

Introduction to Firm BehaviourВидеоCosts of ProductionВидеоMarginal Cost and Average CostВидеоProfit MaximisationВидеоRecommended Reading: Firm Behaviour and Cost Structures ЧтениеFirm Behaviour and Cost StructuresЗадание

Market Structures

Introduction to Market StructuresВидеоPerfect CompetitionВидеоMonopoly and Monopolistic CompetitionВидеоOligopolyВидеоRecommended Reading: Market StructuresЧтениеMarket StructuresЗадание

Summary and Assessment

Unit 4 NotesЧтение
04Market Efficiency and Market Failures27 материалов

Market Efficiency

What is Market Efficiency?ВидеоConsumer Surplus and Producer SurplusВидеоEconomic WelfareВидеоDeadweight Loss and its Computation - 1ВидеоDeadweight Loss and its Computation - 2ВидеоRecommended Reading: Market EfficiencyЧтениеMarket EfficiencyЗадание

Externalities

What are Externalities?ВидеоEffect of Positive ExternalitiesВидеоNegative ExternalitiesВидеоImplications for PolicymakersВидеоRecommended Reading: ExternalitiesЧтениеExternalitiesЗадание

Public Goods and Common Resources

Understanding Public GoodsВидеоFree Rider Problem and Its ConsequencesВидеоCommon Resources and the Tragedy of the CommonsВидеоGovernment Intervention for Public Goods and Common ResourcesВидеоRecommended Reading: Public Goods and Common ResourcesЧтениеPublic Goods and Common ResourcesЗадание

Asymmetric Information and Market Failure

Introduction to Asymmetric InformationВидеоAdverse SelectionВидеоMoral HazardВидеоAddressing Asymmetric Information: Scaling and ScreeningВидеоRecommended Reading: Asymmetric Information and Market FailureЧтениеAsymmetric Information and Market FailureЗадание

Summary and Assessment

Unit 5 NotesЧтениеGraded Quiz for Week 3 and 4Задание
05Labour Markets and Unemployment26 материалов

Introduction to Economics and Core Concepts

Introduction to Labour MarketВидеоLabour Demand and Influencing FactorsВидеоLabour Supply and Influencing FactorsВидеоEquilibrium in the Labour MarketВидеоRecommended Reading: Introduction to Economics and Core ConceptsЧтениеIntroduction to Economics and Core ConceptsЗадание

Wage Determination and Income Inequality

How are Wages Determined?ВидеоMinimum Wage Laws and Their EffectsВидеоIncome Inequality in the Labour Market and Their CausesВидеоEffects of Income InequalityВидеоGovernment Policies to Address Income InequalityВидеоRecommended Reading: Wage Determination and Income InequalityЧтение

Types of Unemployment

Understanding UnemploymentВидеоFrictional and Structural UnemploymentВидеоCyclical Unemployment and Economic FluctuationsВидеоNatural Rate of UnemploymentВидеоRecommended Reading: Types of UnemploymentЧтениеTypes of UnemploymentЗадание

Wage determination and income inequality

Government’s Role in the Labour MarketВидеоJob Creation Programs and Public WorksВидеоUnemployment Benefits and Their ImpactВидеоEducation, Training, and Labour Market PoliciesВидеоRecommended Reading: Government Policies and Labour Market InterventionsЧтениеGovernment Policies and Labour Market InterventionsЗадание

Summary and Assessment

Unit 6 NotesЧтение
06Capital Markets and Financial Institutions39 материалов

Introduction to Capital Markets

What are Capital Markets?ВидеоRecommended Reading: An Overview of Capital MarketsЧтениеPrimary and Secondary MarketsВидеоRecommended Reading: Primary vs. Secondary MarketsЧтениеTypes of Financial Instruments in Capital MarketsВидеоRecommended Reading: Understanding Stocks, Bonds, and DerivativesЧтениеCapital Markets and Economic GrowthВидеоRecommended Reading: Capital Markets and Economic GrowthЧтениеIntroduction to Capital MarketsЗадание

Stock Exchanges and Trading Mechanisms

Introduction to Stock ExchangesВидеоRecommended Reading: The Role of Stock ExchangesЧтениеHow Trading Works on a Stock ExchangeВидеоRecommended Reading: Trading Mechanisms in Stock MarketsЧтениеMarket Indices and Their ImportanceВидеоRecommended Reading: Market Indices and Their ImportanceЧтение

Financial Institutions in Capital Markets

Types of Financial InstitutionsВидеоRecommended Reading: Types of Financial InstitutionsЧтениеRole of Commercial BanksВидеоRecommended Reading: Role of Commercial BanksЧтениеInvestment Banks and Capital RaisingВидеоRecommended Reading: Investment Banks and Capital RaisingЧтение

Financial Regulation and the Role of Central Banks

Introduction to Financial RegulationВидеоRecommended Reading: Introduction to Financial RegulationЧтениеRole of Central Banks in Financial MarketsВидеоRecommended Reading: Role of Central Banks in Financial MarketsЧтениеRegulatory Bodies and ComplianceВидеоRecommended Reading: Regulatory Bodies and ComplianceЧтение

Summary and Assessment

Module Wrap Up VideoВидеоUnit 7 NotesЧтениеGraded Quiz - Modules 5 and 6Задание
07Macroeconomic Fundamentals38 материалов

Introduction to Macroeconomics

What is Macroeconomics?ВидеоRecommended Reading: What is Macroeconomics?ЧтениеThe Circular Flow Model of the EconomyВидеоRecommended Reading: The Circular Flow Model of the EconomyЧтениеNational Income Accounting: An OverviewВидеоRecommended Reading: National Income Accounting: An OverviewЧтениеReal vs. Nominal GDPВидеоRecommended Reading: Real vs. Nominal GDPЧтениеIntroduction to MacroeconomicsЗадание

Components of GDP

What is GDP?ВидеоRecommended Reading: What is GDP?ЧтениеThe Components of GDPВидеоRecommended Reading: The Components of GDPЧтениеLimitations of GDP as a MeasureВидеоRecommended Reading: Limitations of GDP as a MeasureЧтение

Unemployment and Inflation

What is Unemployment?ВидеоRecommended Reading: What is Unemployment?ЧтениеWhat is Inflation?ВидеоRecommended Reading: What is Inflation?ЧтениеCauses of Inflation and CostsВидеоRecommended Reading: Causes of Inflation and CostsЧтение

Economic Growth

What Drives Economic Growth?ВидеоRecommended Reading: What Drives Economic Growth?ЧтениеRole of Productivity and TechnologyВидеоRecommended Reading: Role of Productivity and TechnologyЧтениеSavings, Investment, and GrowthВидеоRecommended Reading: Savings, Investment, and GrowthЧтение

Summary and Assessment

Module Wrap Up VideoВидеоUnit 8 NotesЧтение
08Aggregate Demand and Aggregate Supply (AD-AS) Framework37 материалов

Introduction to Aggregate Demand (AD)

What is Aggregate Demand?ВидеоRecommended Reading: What is Aggregate Demand?ЧтениеDeterminants of Aggregate DemandВидеоRecommended Reading: Determinants of Aggregate DemandЧтениеShifts in the AD CurveВидеоRecommended Reading: Shifts in the AD CurveЧтениеReal-World Examples of AD ShiftsВидеоRecommended Reading: Real-World Examples of AD ShiftsЧтениеIntroduction to Aggregate Demand (AD)Задание

Introduction to Aggregate Supply (AS)

What is Aggregate Supply?ВидеоRecommended Reading: What is Aggregate Supply?ЧтениеDeterminants of Short-Run Aggregate Supply (SRAS)ВидеоRecommended Reading: Determinants of Short-Run Aggregate Supply (SRAS)ЧтениеDeterminants of Long-Run Aggregate Supply (LRAS)ВидеоRecommended Reading: Determinants of Long-Run Aggregate Supply (LRAS)Чтение

AD-AS Equilibrium

AD-AS Equilibrium: Basic ConceptsВидеоRecommended Reading: AD-AS Equilibrium: Basic ConceptsЧтениеInflationary and Recessionary GapsВидеоRecommended Reading: Inflationary and Recessionary GapsЧтениеPolicy Tools to Address Economic GapsВидеоRecommended Reading: Policy Tools to Address Economic GapsЧтение

Economic Growth and Business Cycles

Economic Growth and the AD-AS FrameworkВидеоRecommended Reading: Economic Growth and the AD-AS FrameworkЧтениеBusiness Cycles and AD-AS DynamicsВидеоRecommended Reading: Business Cycles and AD-AS DynamicsЧтениеProductivity and Long-Term GrowthВидеоRecommended Reading: Productivity and Long-Term GrowthЧтение

Summary and Assessment

Module Wrap-Up VideoВидеоUnit 9&10 : Study MaterialЧтениеGraded Quiz - Modules 7 and 8 Задание
09Central Banks and Monetary Policy35 материалов

The Role and Structure of Central Banks

What is a Central Bank?ВидеоRecommended Reading: What is a Central Bank?ЧтениеKey Functions of Central BanksВидеоRecommended Reading: Key Functions of Central BanksЧтениеCentral Banks and Financial StabilityВидеоRecommended Reading: Central Banks and Financial StabilityЧтениеThe Independence of Central BanksВидеоRecommended Reading: The Independence of Central BanksЧтениеThe Role and Structure of Central BanksЗадание

Tools of Monetary Policy

Overview of Monetary Policy ToolsВидеоRecommended Reading: Overview of Monetary Policy ToolsЧтениеInterest Rates: The Policy RateВидеоRecommended Reading: Interest Rates: The Policy RateЧтениеOpen Market Operations (OMOs)ВидеоRecommended Reading: Open Market Operations (OMOs)Чтение

Goals and Effects of Monetary Policy

IntroductionВидеоRecommended Reading: IntroductionЧтениеHow Monetary Policy Affects Inflation and GrowthВидеоRecommended Reading: How Monetary Policy Affects Inflation and GrowthЧтениеImpact on Employment and the Labour MarketВидеоRecommended Reading: Impact on Employment and the Labour MarketЧтение

Challenges and Limitations of Monetary Policy

IntroductionВидеоRecommended Reading: IntroductionЧтениеThe Liquidity Trap and Zero Lower BoundВидеоRecommended Reading: The Liquidity Trap and Zero Lower BoundЧтениеMonetary Policy vs. Fiscal PolicyВидеоRecommended Reading: Monetary Policy vs. Fiscal PolicyЧтение

Summary and Assessment

Module Wrap Up VideoВидео
10Fiscal Policy39 материалов

Introduction to Fiscal Policy

What is Fiscal Policy?ВидеоRecommended Reading: What is Fiscal Policy?ЧтениеComponents of Fiscal Policy: Government SpendingВидеоRecommended Reading: Components of Fiscal Policy: Government SpendingЧтениеComponents of Fiscal Policy: TaxationВидеоRecommended Reading: Components of Fiscal Policy: TaxationЧтениеThe Government Budget ВидеоRecommended Reading: The Government BudgetЧтениеIntroduction to Fiscal PolicyЗадание

Types of Fiscal Policy and their Applications

Expansionary Fiscal PolicyВидеоRecommended Reading: Expansionary Fiscal PolicyЧтениеContractionary Fiscal PolicyВидеоRecommended Reading: Contractionary Fiscal PolicyЧтениеAutomatic StabilisersВидеоRecommended Reading: Automatic StabilisersЧтение

The Impact of Fiscal Policy on the Economy

Fiscal Policy and Economic GrowthВидеоRecommended Reading: Fiscal Policy and Economic GrowthЧтениеFiscal Policy and EmploymentВидеоRecommended Reading: Fiscal Policy and EmploymentЧтениеFiscal Policy and InflationВидеоRecommended Reading: Fiscal Policy and InflationЧтение

Fiscal Policy Challenges and Sustainability

The Budget Deficit and National DebtВидеоRecommend Reading: The Budget Deficit and National DebtЧтениеFiscal Sustainability and Debt-to-GDP RatioВидеоRecommended Reading: Fiscal Sustainability and Debt-to-GDP RatioЧтениеPolitical and Economic Constraints on Fiscal PolicyВидеоRecommended Reading: Political and Economic Constraints on Fiscal PolicyЧтение

Summary and Assessment

Module Wrap-Up VideoВидеоUnit 11: Study MaterialЧтениеGraded Quiz - Modules 9 and 10Задание

Course Wrap-Up

Course Wrap-UpВидеоCourse SummaryЧтение
Wage Determination and Income InequalityЗадание
Market Volatility and Risks in Stock TradingВидео
Recommended Reading: Market Volatility and Risks in Stock TradingЧтение
Stock Exchanges and Trading MechanismsЗадание
Non-Banking Financial Institutions: An OverviewВидео
Recommended Reading: Non-Banking Financial Institutions: An OverviewЧтение
Financial Institutions in Capital MarketsЗадание
The Impact of Financial Crises on RegulationВидео
Recommended Reading: The Impact of Financial Crises on RegulationЧтение
Financial Regulation and the Role of Central BanksЗадание
Real-World Applications of GDP DataВидео
Recommended Reading: Real-World Applications of GDP DataЧтение
Components of GDPЗадание
The Relationship Between Unemployment and InflationВидео
Recommended Reading: The Relationship Between Unemployment and InflationЧтение
Unemployment and InflationЗадание
Policies to Promote GrowthВидео
Recommended Reading: Policies to Promote GrowthЧтение
Economic GrowthЗадание
Shifts in the AS CurveВидео
Recommended Reading: Shifts in the AS CurveЧтение
Introduction to Aggregate Supply (AS)Задание
AD-AS Equilibrium in Action: A Case StudyВидео
Recommended Reading: AD-AS Equilibrium in Action: A Case StudyЧтение
AD-AS EquilibriumЗадание
Economic Growth and Business CyclesЗадание
Reserve RequirementsВидео
Recommended Reading: Reserve RequirementsЧтение
Tools of Monetary PolicyЗадание
Exchange Rates and International ImpactВидео
Recommended Reading: Exchange Rates and International ImpactЧтение
Goals and Effects of Monetary PolicyЗадание
Challenges and Limitations of Monetary PolicyЗадание
Discretionary Fiscal PolicyВидео
Recommended Reading: Discretionary Fiscal PolicyЧтение
Types of Fiscal Policy and their ApplicationsЗадание
Crowding Out and the Limits of Fiscal PolicyВидео
Recommended Reading: Crowding Out and the Limits of Fiscal PolicyЧтение
The Impact of Fiscal Policy on the EconomyЗадание
Fiscal Policy Challenges and SustainabilityЗадание