By the end of this course, you will be able to
Define macro economics, its relation with business decisions and personal decisions and the importance of recognizing the economic decisions of the governments.
Take personal financial decisions taking into consideration the economic changes, in addition to learning the difference between micro and macro economics.
Define the principles of economics and what determines living standards, and the cost of living, you will also discover why the economy fluctuates.
Course details
- 1 h 32 m/22 lessons
- Last updated: 8/9/2020
- Course completion certificate
Course Content
"Introduction to Economics and its relation to life and business decisions "
What Determines the Standard of Living?
Nominal GDP VS Real GDP
"Introduction to Economics and its relation to life and business decisions "
What Determines the Standard of Living?
Nominal GDP VS Real GDP
The Economic Growth
GDP is not a perfect measure
What Determines the cost of living (Inflation)?
Decrease In Prices Is Disastrous
Why Does the Economy Fluctuate?
The Economic Cycle
Government Policies
The Fiscal Policy
The Monetary Policy
The Britton Woods System
How Banks Work
How this affects life and business decisions
Government Economic Policies
Who is Responsible for the Monetary Policy
The Open Market Operations
The Discount Rate
Monetary Policy Recession
Importance of Monetary Policy
Summary
About this course
Understanding the economic environment has become a vital asset; continuous economic changes affect our lives immediately and promptly. Throughout this course, you will understand the primary economic indicators and policies. You will be able to translate the different economic changes into information and their impact on our lives and business decisions. The course will provide you with a set of tools to help you achieve financial and economic happiness.
Course requirements and prerequisites
There are no requirements for this course, your interest in the topic and your commitment to learning are only what you need to achieve the most benefit from this course.
Mentor
Gamal Haikal
Professor of Financial & Managerial Economics
1,319 Learners
1 Course