Foundational Economics: Understanding Markets and Policy

Do you want to understand the forces that shape daily life, from the price of goods to national policy decisions? Economics provides the essential framework for analyzing choices made by individuals, businesses, and governments. This course provides a comprehensive introduction to foundational economic theory. By covering both microeconomic principles (how individuals make decisions) and macroeconomic concepts (how entire economies function), you will develop the analytical skills necessary to interpret current events and evaluate economic policies. What you'll learn: * Understand the fundamental problems of scarcity, choice, and opportunity cost. * Analyze market behavior using the laws of supply, demand, and elasticity. * Master key macroeconomic indicators like GDP, inflation, and unemployment. * Apply concepts of national income accounting and aggregate demand/supply models. * Examine the basics of money, banking, and fiscal and monetary policy tools. * Learn introductory concepts in behavioral economics and modern digital market structures. The course begins by defining core economic concepts and moves through the mechanics of microeconomic market analysis. We then shift focus to macroeconomics, exploring national income determination, monetary systems, and the role of government policy. This course is designed for absolute beginners with no prior experience in economics. If you are curious about how the world works, this course is your ideal starting point. Start building your economic literacy today and gain a new perspective on global events.