Principles of Economics Course with Certificate

Official British Certificate

Principles of Economics

$129 $89
4.5
.
1.8K Students

Understand markets, inflation, GDP & policy like an economist. Master micro & macro fundamentals. Earn official accredited British Academy Principles of Economics Certificate.

1.8K Graduates
With Certificate
No Test
Text, 32 Lessons
Placement Test CEFR A1–C2

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Assess your English proficiency with our CEFR-based test.
A1 B1 C2

Course Content

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  • Scarcity, Choice and Opportunity Cost
  • Positive vs Normative Economics
  • Production Possibility Frontier

  • Demand Curves and Determinants
  • Supply Curves and Market Equilibrium
  • Price Controls and Market Interventions

  • Perfect Competition and Efficiency
  • Monopoly and Market Power
  • Oligopoly and Monopolistic Competition

  • Price, Income and Cross-Price Elasticity
  • Elasticity Applications in Pricing

  • Utility Theory and Indifference Curves
  • Budget Constraints and Consumer Equilibrium
  • Behavioural Economics Insights

  • Short-Run vs Long-Run Costs
  • Economies and Diseconomies of Scale
  • Isoquants and Production Functions

  • Measuring GDP: Expenditure, Income, Output
  • Real vs Nominal GDP and GDP Deflator

  • Aggregate Demand and Supply Model
  • Short-Run and Long-Run Phillips Curve

  • Monetary Policy Tools and Transmission
  • Fiscal Policy: Multipliers and Crowding Out
  • Policy Mix in Recession and Inflation

  • Types and Causes of Inflation
  • Unemployment Types and Natural Rate
  • The Phillips Curve Trade-Off Revisited

  • Comparative Advantage and Trade Gains
  • Balance of Payments and Exchange Rates

  • Real-World Economic Policy Case Studies
  • Economic Analysis Report
  • Final Assessment and Certification

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