Foundational Economics: Core Concepts for Policy and Public Understanding

Do you struggle to understand economic news, policy announcements, or market fluctuations? This course provides a comprehensive, text-based introduction to foundational economics. You will move from basic definitions to understanding complex economic models, enabling you to interpret national economic reports and policy objectives with confidence. What you'll learn: Understand the fundamental problems of scarcity, choice, and opportunity cost in economic systems. Master key concepts in Microeconomics, including consumer theory, market structures, and supply and demand analysis. Analyze core Macroeconomic indicators such as GDP, inflation, unemployment, and the balance of payments. Apply basic principles of modern fiscal and monetary policy tools used by central banks and governments. Learn to interpret national income accounting and the role of the financial sector in economic growth. The course begins by establishing core economic terminology and definitions before progressing through detailed sections on microeconomic theory and comprehensive coverage of macroeconomic principles and policy tools. This course is designed for absolute beginners and anyone seeking a robust, foundational understanding of economics. No prior knowledge of mathematics or economic theory is required. Start building your economic literacy today.