Introduction to Economics: Micro and Macro

Introduction to Economics including Microeconomics and Macroeconomics. Learn with real world examples.

Language: english

Note: 3.9/5 (14 notes) 2,649 students

Instructor(s): Bill Tuller

Last update: 2022-06-18

What you’ll learn

Intro to Economics including Microeconomics and Macroeconomics with examples that make it easier to understand the concepts.

Requirements

No Prerequisites

Description

SearchEcon Economics overview provides an Introduction to Economics. This course can help your Introduction to Economics courses. We provide an overview of Microeconomics and Macroeconomics. This overview of Economics can also be helpful for business and government leaders who wish to learn the basics of Economics.

We try to provide real world examples throughout the course to help you understand Economic concepts. We also try to provide relatable examples that help connect and understand the concepts that we are reviewing in Economics. We have experience in tutoring Economics and working as a Business Consultant.

The Microeconomics section of the course covers: Supply and Demand, Price Elasticity of Demand, Budget Lines and Indifference Curves, Costs of Production and Market Models. We also cover Trade and include Trade in the Macroeconomics section of the course.

The Macroeconomics section of the course covers: GDP and Economic Output, the Business Cycle, Inflation and Interest Rates, Fiscal Policy, Monetary Policy, Trade, and Definition of Money.

We work through graphical examples to help you understand the concepts in each section and try to make concepts as simple as possible.

We start with Microeconomics and the Law of Supply and Demand to provide you with a foundation in Economics.

Who this course is for

College students in an Intro Economics class. Professionals who want a foundation in Economics.

Course content

Intro to Economics Overview
- Introduction
Microeconomics
- Law of Demand
- Law of Supply
- Equilibrium Price, Surplus and Shortage
- Law of Demand, Law of Supply and Equilibrium Price
- Price Elasticity of Demand
- Price Elasticity of Demand Quiz
- Indifference Curves
- Budget Line
- Costs of Production
- Economies of Scale Quiz
- Market Models and Pure Competition
- Market Models – Monopolistic Competition
- Market Models – Oligopoly
- Game Theory
Macroeconomics
- GDP
- Business Cycle
- Inflation and Interest Rates
- Fiscal Policy
- Monetary Policy
- Trade
- Definition of Money and Course Review
- Fiscal Policy response to Recession Quiz