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May 5, 2019 · In short, economics is the study of how people and groups of people use their resources. Money certainly is one of those resources, but other things can play a role in economics as well. In an attempt to clarify all this, let's take a look at the basics of economics and why you might consider studying this complex field. The Field of Economics.
- Jodi Beggs
- Macroeconomics. Macroeconomics is about whole economies. What is GDP? Why does the economy boom and bust? How is the government involved? We hit the traditional topics from a college-level macroeconomics course.
- AP®︎/College Macroeconomics. Macroeconomics is about whole economies. What is GDP? Why does the economy boom and bust? How is the government involved? We hit the traditional topics from a college-level macroeconomics course.
- Microeconomics. Microeconomics is all about how individual actors make decisions. Learn how supply and demand determine prices, how companies think about competition, and more!
- AP®︎/College Microeconomics. Microeconomics is all about how individual actors make decisions. Learn how supply and demand determine prices, how companies think about competition, and more!
Learn the basics of economics from Adam Smith's perspective, including the definition, scope and assumptions of the field. Watch the video and join the discussion with other learners on questions and comments.
- 10 min
- Sal Khan
- A lot of economists seems to use models that aim to predict people's behaviors logically based purely on things like price, interests rates, etc wi...
- Microeconomics concerns individual consumers, markets and goods etc. Macroeconomics is about the economy in the big picture, the aggregate of all c...
- I think that people that hoard things are very hurtful and harmful to them selves because they do not understand that they are hurting their loved...
- Unfortunately, there are many instances in which common sense has lost out to mathematical rigor in economics. An old joke is a quote from economis...
- To me, demand is how much a product is desire. For example, video game producers try to increase demand of an upcoming title by releasing trailers,...
- An adverse balance of trade refers to a situation in which the value of a country's imports is greater than its exports.
- oh no, critical reading. It feels as if the invisible hand guiding each enterprising individual is the demand of the consumers. Companies have to c...
- "Freakonomics" by Steven D. Levitt and Stephen J. Dubner "The Wealth of Nations" by Adam Smith "Capital in the Twenty-First Century" by Thomas Pike...
- Microeconomics is the study of the choices that firms and individuals make to allocate scarce resources
Economics 101 has landed! The first in a two-part series, providing 33 films in total, will cover everything from basic economic theory to important historical case studies; guaranteeing viewers will receive a comprehensive understanding of the fundamentals of economics.
This course by Chris Benjamin, MBA & CFO, covers the fundamentals of economics, microeconomics, macroeconomics, and real world applications. You will get lifetime access to lectures, assignments, quizzes, and downloads, and can ask questions and get answers from the instructor.
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Learn the basics of microeconomics, such as supply and demand, elasticity, consumer and producer behavior, and market structures. This free online course from Saylor Academy covers the essential topics and concepts of microeconomics with no deadlines or fees.
Economics and economic theory is fundamental to decision making in business, policy, and everyday life. If you're interested in a career in business, law, accounting, or investment then studying economics is a great foundation of knowledge.
