Overview
Economics and economic theory is fundamental to decision making in business, policy, and everyday life. If you're interested in a career in business, law, accounting, or investment then studying economics is a great foundation of knowledge. In this first Principles of Economics - Introduction - Getting to Know You course offered by Coursera in partnership with Rice Universityof a three course Specialization adapted from my ECON 100 course taught at Rice University, we'll cover the introduction to the basic concepts of microeconomics and macroeconomics. Microeconomics component includes analysis of supply and demand, consumer and producer behavior, and competitive and noncompetitive market equilibria, with applications to current policy issues. Macroeconomics component provides an overview of the determination of national output, employment, interest rates, and inflation, and analyzes monetary fiscal policies and international trade.
Learning outcomes
More specifically here's some things you should be able to do by the end of the course:
- Identify how Opportunity Costs affect economic decisions.
- Discover the basics of the study of economics Compare the long and short of economic theory
- Link trade and national production Discuss what tradeoffs nations face in production
- Determine how market supply relates to prices Compare the relationships between the price elasticity of demand and revenue
- Discover how taxes affect supply and demand
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Visit programme websiteProgramme Structure
Course structure:
- The Welfare of Markets
- Total Surplus
- Taxes and Welfare
- Trade and Welfare
- Arguments for Trade
- Problem Set Solution - Consumer Surplus and Prices
Check out the full curriculum
Visit programme websiteKey information
Duration
- Part-time
- 1 months
- 6 hrs/week
Start dates & application deadlines
Language
Delivered
- Self-paced
Disciplines
Economics View 62 other Short Courses in Economics in United StatesExplore more key information
Visit programme websiteWhat students do after studying
Academic requirements
We are not aware of any specific GRE, GMAT or GPA grading score requirements for this programme.
English requirements
We are not aware of any English requirements for this programme.
Other requirements
General requirements
- Beginner level
- No official background is necessary, just a curiosity for economics. This is based off of a college level introductory course though.
Make sure you meet all requirements
Visit programme websiteTuition Fee
-
International
FreeTuition FeeBased on the tuition of 0 USD for the full programme during 1 months. -
National
FreeTuition FeeBased on the tuition of 0 USD for the full programme during 1 months.
- Audit: free access to course materials except graded items
- Certificate: a trusted way to showcase your skills
- A year of unlimited access with Coursera Plus $199
Funding
Coursera provides financial aid to learners who cannot afford the fee. Apply for it by clicking on the Financial Aid link beneath the "Enroll" button on the left. You'll be prompted to complete an application and will be notified if you are approved. You'll need to complete this step for each course in the Specialization, including the Capstone Project.