Foundational Economics: Understanding Markets and Policy

Do you want to understand how global events impact your personal finances, or why certain markets behave the way they do? Economic literacy is essential for informed decision-making in today's world. This course provides a solid foundation in essential economic principles, enabling you to interpret market movements, analyze policy decisions, and confidently discuss topics like inflation, growth, and supply chains. What you'll learn: Understand the mechanics of supply, demand, and equilibrium, and how market forces set prices. Analyze key macroeconomic indicators, including GDP, inflation, and unemployment, and their impact on national economies. Examine the tools and functions of both fiscal policy (government spending) and modern monetary policy (central banking actions). Practice interpreting different market structures, such as perfect competition, oligopoly, and monopoly. Learn the basics of behavioral economics, recognizing common cognitive biases that influence consumer and investor decisions. The course begins by defining core economic terminology and models, then progresses through detailed explorations of microeconomic theory before shifting focus to broad macroeconomic concepts and policy analysis. This course is designed for absolute beginners with no prior knowledge of economics or finance. All concepts are explained clearly through written examples and practical application exercises. Start building your foundational understanding of the global economy today.