Description
Are you interested in a career within in the world of Applied Economics?
You have come to the right place! Learn the principles of applied economics for managers here.
Throughout this course you will be introduced to the fundamental principles of economic theories, models and tools employed by the Government, industry firms and other stakeholders to manage the economy. We will study the five main areas of Economics:
- General Concepts and Microeconomics – Learn Principles of Economics: its Definition and the Foundations, Macro and Microeconomics, Demand and Supply Analysis, The Law and Time of Supply, Demand and Supply Analysis, Equilibrium and Disequilibrium, Total and Marginal Revenue, Market Structure and Competitive Market, Demand and Supply Analysis, Elasticity and Market Efficiency, Factors Affecting Demand Elasticity, as well as Monopoly, Oligopoly and Monopsony for the Real World.
- Macroeconomics – Learn Macroeconomics versus Microeconomics, Aggregated Demand and Supply, Gross Domestic Product (GDP), Economic Growth, Employment, Deflation & Inflation, Natural Rate of Unemployment.
- Economic Policies and Natural Market Failure – Learn Economic Policies, The Transition of Monetary Policy to the Economy, The Relationship between the Bank and the Government, Fiscal Policy, Sources of Market Failures and Externalities, and Information Asymmetry.
- Exchange Rates and Trade Barriers – Learn Exchange Rates and Trade Barriers, Interest Rates, Tariffs, Taxation and Deadweight Loss.
- Sub-branches of (Micro & Macro) Economics – Learn Financial Economics, International Economics, Transaction Cost, Labour Economics, Environmental Economics and Energy Economics.
Each of these segments includes practical cases and quizzes aiming to strengthen your knowledge.
Follow along as we provide you with the skills to effectively evaluate, manage, and design the economic knowledge and functions you will learn to then contribute to a firm’s future direction through applying modern economic thought.
Why wait? Every day is a missed opportunity.
Click the “Buy Now” button and become a part of our Applied Economics training today.
What Will You Learn?
- In this course you will be introduced to the fundamental principles of economic theories, models and tools employed by the Government, firms and other stakeholders to manage the economy.
- In this course you will examine examines various micro and macroeconomics topics, including demand and supply model, cost of production, resource allocation, market structures and market failures, macroeconomic indicators such as GDP, economic growth, inflation and unemployment, monetary and fiscal policy, and international trade
- In this course you will also learn how to analyse the labour market, financial market and global economic issues such as financial and other crises.
Requirements
- Computer with an Internet connection.
- PDF reading software, such as free Adobe Reader.
Curriculum
Course consist of total 1h 58min of content, in total.
Section 1: General Concepts and Microeconomics
Section 2: Macroeconomics
Section 3: Economic Policies and Natural Market Failure
Section 4: Exchange Rates and Trade Barriers
Section 5: Sub-Branches of Economics
Section 6: Case Study
About the Instructor
Sentinel | 9 is now offering educational courses and specialised modules from its industry-leading graduate-level Business program. This package is usually provided via Higher Education partners, where it comes with a Degree upon completion. However, for individuals seeking valuable education and knowledge without the hassle of enrolling in university, Sentinel | 9 has redeveloped its resources into easily accessible learning content.
These resources are a perfect fit for individuals who want to sharpen their business skills, learn about new practices in business or wish to educate themselves in something new. The Sentinel | 9 material is developed with consultation from industry experts, professorial, doctoral, and postdoctoral in-house academics to ensure learning is of the highest quality.
Through this offering, users will now have access to high-quality, practical, on-demand resources across all aspects of business, including business strategy, business law, finance, marketing strategy, economics, organisation behaviour, leadership, human resources, accounting and more.
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