Applied Economic Modeling: Micro and Macro Analysis

Understanding how microeconomic choices and macroeconomic trends impact organizations and public policy is essential for modern strategic analysis. This comprehensive course bridges economic theory with practical application through text-based learning. You will build a clear understanding of core economic models and learn how to leverage national and international statistical databases to inform decisions at both business and policy levels. What you will learn: Learn foundational microeconomic and macroeconomic terminology and concepts; Understand how economic models apply to firm strategy and state policy; Navigate official statistical databases to retrieve and evaluate economic indicators; Analyze market structures, supply and demand, consumer behavior, and production dynamics; Evaluate macro trends such as GDP, inflation, labor markets, and monetary policies; Apply practical economic analysis to real-world business and policy scenarios. The course begins with key definitions, essential terms, and foundational theory before progressing to practical model applications and data interpretation. Designed specifically for beginners, business professionals, and aspiring analysts, this text-based course requires no previous economics experience. Start reading today to master practical economic modeling and data-driven evaluation.