This course will provide the basic tools necessary to understand the functioning of a modern economy. You will learn concepts, theories (models), and methods that economists use in order to understand, analyze, and explain economic behaviour and phenomena. Important topics covered in the course include economic decision-making, how markets work, the causes and solutions of major macroeconomic problems such as unemployment and inflation, the role of government in the macroeconomy, and the role and importance of money. Understanding these issues will give you an advantage in the game of life. The course will sharpen your own common sense, develop your analytical skills, and improve your way of thinking so that you will be better equipped to fulfil your role in the economy and society. You may have no intention of dedicating your life to the study of economics, but this course will give you something of lasting value.
022M : To explain the economic foundations of society
65 - Multimedia course with web assignments (English version)
Particularities and material requirements
Computer requirements: None