Foundational Economics: Micro and Macro Principles

Economic forces shape every aspect of modern life, from personal finance to global policy. Whether you are seeking to understand market shifts, interpret financial news, or prepare for advanced study, a solid grounding in economics is essential. This course provides a comprehensive, text-based foundation in economic theory, giving you the analytical tools to interpret market behavior, policy changes, and financial news with confidence. What you'll learn: * Understand the fundamental concepts of scarcity, choice, and opportunity cost that drive economic behavior. * Master the mechanics of supply, demand, elasticity, and market equilibrium in microeconomics. * Analyze key macroeconomic indicators such as Gross Domestic Product (GDP), inflation, and unemployment. * Apply principles of fiscal and monetary policy used by governments and central banks to manage the economy. * Practice interpreting economic data and policy outcomes using established theoretical models. The course begins with core economic definitions and moves systematically through microeconomic theory, covering consumer and firm behavior, before addressing the major concepts of macroeconomics, including national income accounting and policy tools. The content includes practical examples and written exercises to solidify your understanding. This course is designed for absolute beginners with no prior knowledge of economics, students seeking a solid foundation, and professionals who need to understand economic reports. No prerequisites are required. Start building your economic literacy today.