An original course by a PhD in Economics designed to help you develop economic thinking, understand global events, and make decisions with confidence and common sense!
You will gain a clear and logically structured understanding of economics — from its basic principles to the influence of global processes on everyday life.
Find answers to the following questions:
Find answers to the following questions:
- What is economics and what role does it play in today’s world?
- How do markets, companies, and consumers interact — in other words, where does microeconomics begin?
- How do national economies and global processes function (macroeconomics in action)?
- How is the financial system organized: the role of banks, governments, taxes, and regulators?
- How are new technologies and globalization transforming the economic landscape?
- How can you apply economic thinking in everyday life — from personal expenses to investment decisions?
About the Course
A SIMPLE AND ACCESSIBLE INTRODUCTION TO THE WORLD OF ECONOMICS FOR THOSE WHO WANT TO UNDERSTAND HOW MONEY AND FINANCE WORK
70 160 €
10 000 15 000 ₽
- General understanding of economics, its foundations and key aspects
- Basics of market economy (Microeconomics). Markets and consumers
- National economy (Macroeconomics). The economics of states
- Financial system: money circulation, banks, taxes
- Global economy, modern trends, and future challenges
- Personal finance and financial literacy
- Practical application of economic knowledge in daily life
6
Modules with Video Lectures
Module I. Introduction. General understanding of economics and its key aspects
1.1. What is economics and why is it important
1.2. Basic economic problems
1.3. Basic economic agents
1.4. Economic thinking and decision making
1.5. Types of economic systems and the role of the state in the economy
Module II. Fundamentals of the market economy (Microeconomics).
How markets, firms and consumers work
2.1. The law of supply and demand
2.2. Elasticity of supply and demand
2.3. Equilibrium price and market fluctuations
2.4. Consumer behavior and utility theory
2.5. Production and costs of the firm
2.6. Market structures: perfect and imperfect competition
2.7. Market structures: monopolies, oligopolies and monopsonies
Module III. National economy (Macroeconomics).
How countries' economies work
3.1. GDP and other indicators of economic growth
3.2. Business cycle, recession and economic growth
3.3. Inflation and unemployment
3.4. State fiscal policy
3.5. Monetary policy and the role of the central bank
Module IV. Financial system: money, banks, taxes.
How finances and money circulation work
4.1. Functions and types of money
4.2. Causes and consequences of inflation and deflation
4.3. The role of banks and monetary policy
4.4. Government revenues and expenditures
4.5. Main types of taxes and their impact on the economy
4.6. Budget deficit and public debt
Module V. Global economy and modern trends.
Connections between economies of different countries and challenges of the future
5.1. Economic cycles and crises
5.2. International trade and globalization
5.3. Balance of payments and exchange rates
5.4. International economic organizations
5.5. Global economic problems
5.6. New Technologies and Their Impact on Markets
Module VI. Personal Economics and Financial Literacy.
Using Economic Knowledge in Life
6.1. How to Manage a Personal Budget (Budgeting and Expense Planning)
6.2. Investments and Savings for Beginners
6.3. Loans and Debt Management
6.4. Insurance and Risk Management
6.5. Fundamentals of Long-Term Financial Planning
1.1. What is economics and why is it important
1.2. Basic economic problems
1.3. Basic economic agents
1.4. Economic thinking and decision making
1.5. Types of economic systems and the role of the state in the economy
Module II. Fundamentals of the market economy (Microeconomics).
How markets, firms and consumers work
2.1. The law of supply and demand
2.2. Elasticity of supply and demand
2.3. Equilibrium price and market fluctuations
2.4. Consumer behavior and utility theory
2.5. Production and costs of the firm
2.6. Market structures: perfect and imperfect competition
2.7. Market structures: monopolies, oligopolies and monopsonies
Module III. National economy (Macroeconomics).
How countries' economies work
3.1. GDP and other indicators of economic growth
3.2. Business cycle, recession and economic growth
3.3. Inflation and unemployment
3.4. State fiscal policy
3.5. Monetary policy and the role of the central bank
Module IV. Financial system: money, banks, taxes.
How finances and money circulation work
4.1. Functions and types of money
4.2. Causes and consequences of inflation and deflation
4.3. The role of banks and monetary policy
4.4. Government revenues and expenditures
4.5. Main types of taxes and their impact on the economy
4.6. Budget deficit and public debt
Module V. Global economy and modern trends.
Connections between economies of different countries and challenges of the future
5.1. Economic cycles and crises
5.2. International trade and globalization
5.3. Balance of payments and exchange rates
5.4. International economic organizations
5.5. Global economic problems
5.6. New Technologies and Their Impact on Markets
Module VI. Personal Economics and Financial Literacy.
Using Economic Knowledge in Life
6.1. How to Manage a Personal Budget (Budgeting and Expense Planning)
6.2. Investments and Savings for Beginners
6.3. Loans and Debt Management
6.4. Insurance and Risk Management
6.5. Fundamentals of Long-Term Financial Planning
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