"“Where does money come from?” “If people are poor, why don’t governments just print more money?” “Why is an iPhone SO expensive? And why do older models get cheaper?”
Have you ever asked yourself questions like the ones above, and just couldn’t seem to put your finger on the answer? Then, this course is perfect for you!
In short, we will cover introductory topics in economics (eg. Money, Demand and Supply) and also delve into graphical models so that you can understand and represent any kind of information visually. We will also look at economies of whole countries and discuss the topics we hear on the news such as 'GDP', 'unemployment rate' etc.
By the end of this course, we promise you, you'll have a new found love for Economics!"
Be able to use models to display data
Be able to connect economic theory to everyday phenomenon and decisions
Be able to analyze and evaluate the concept and uses of money
Be able to critically evaluate the use macroeconomic factors such as GDP, unemployment rate, growth etc. in valuing “quality of life”