Search result for Economics Online Courses & Certifications



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Description of Economics Courses
  • Economics is the study of how societies allocate scarce resources to satisfy their unlimited wants and needs. It is a social science that analyzes the production, distribution, and consumption of goods and services.
Common Things Learned
  • In Economics courses, students learn about the principles of microeconomics and macroeconomics, including supply and demand, market equilibrium, elasticity, consumer behavior, production and costs, economic growth, inflation, unemployment, fiscal and monetary policy, international trade, and globalization. They also learn about various economic systems and theories, such as capitalism, socialism, communism, and Keynesianism. Additionally, students develop critical thinking, quantitative analysis, and problem-solving skills that are applicable in many fields.
Typical Student
  • Typical Economics students are individuals who have an interest in understanding how the economy works and how it affects people's lives. They may come from a variety of backgrounds, including business, social sciences, mathematics, and engineering. Economics courses are suitable for undergraduate and graduate students who want to pursue careers in business, government, academia, or non-profit organizations.
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  • It usually takes one or two semesters to get the fundamentals of Economics, depending on the student's background and the level of the course. To become well adept in Economics, students need to continue their studies and gain practical experience through internships or research projects. It may take several years to master the advanced topics and develop specialized knowledge in specific fields of Economics, such as environmental economics, health economics, or behavioral economics.
  • Economics is used in various fields, such as business, finance, law, public policy, and international relations. In business, economics is used to analyze market trends, consumer behavior, and production efficiency. In finance, economics is used to evaluate investment opportunities, risk management, and monetary policy. In law, economics is used to assess damages, liability, and antitrust issues. In public policy, economics is used to design and evaluate government programs, taxation, and regulation. In international relations, economics is used to understand trade patterns, exchange rates, and economic development.

  • Related Fields
  • Economics is needed in many specific careers that involve analyzing data, making decisions, and managing resources. Some examples of common careers that require strong Economics skills are investment banking, management consulting, government policy analysis, and nonprofit program management.

  • Examples of Common Careers
    • Financial Analyst
    • Economic Consultant
    • Policy Analyst
    • Program Director


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