Economics & International Business
In this course, you will learn the skills to understand today’s economy and to succeed in today’s interconnected business world.
Skills you will learn
Understanding essential economic principles and concepts
Analyzing the production and consumption of goods and services
Evaluation of international business strategies
About this course
This course introduces basic economic concepts that are fundamental to understand many of the issues faced by business firms. Learn the processes that govern the production and consumption of goods and services in a global economy: Microeconomics and Macroeconomics.
Understand important principles like price elasticity and the law of supply and demand. This course also includes the different economic systems around the globe, the essential business cycle phases, the country analysis tool, and international business strategies.
You will also receive a short case study of the European Union (EU) and the World Trade Organization (WTO) that summarizes the key takeaways of this course.
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Download your personal certificate upon completion of this course.
By taking this free microeconomics course, you’ll be exposed to the economic way of thinking. You’ll understand how to use economics in your life and, ultimately, see the world differently.
We’ll cover fundamental microeconomics concepts like supply and demand and equilibrium. We’ll also answer questions such as: How are prices determined? What did Adam Smith mean when he said the market process works like an “invisible hand”? How is it that we have access to fresh roses in very chilly cities every Valentine’s Day? We will cover all the key topics including competition, monopoly, price discrimination, externalities, public goods and more.
There are no prerequisites to this course and it is accessible to a beginner.
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