Economics and economic theory is fundamental to decision making in business, policy, and everyday life. If you're interested in a career in business, law, accounting, or investment then studying economics is a great foundation of knowledge.
In this first course of a three course Specialization adapted from my ECON 100 course taught at Rice University, we'll cover the introduction to the basic concepts of microeconomics and macroeconomics. Microeconomics component includes analysis of supply and demand, consumer and producer behavior, and competitive and noncompetitive market equilibria, with applications to current policy issues. Macroeconomics component provides an overview of the determination of national output, employment, interest rates, and inflation, and analyzes monetary fiscal policies and international trade. More specifically here's some things you should be able to do by the end of the course: 1. Identify how Opportunity Costs affect economic decisions. 2. Discover the basics of the study of economics 3. Compare the long and short of economic theory 4. Link trade and national production 5. Discuss what tradeoffs nations face in production 6. Determine how market supply relates to prices 7. Compare the relationships between the price elasticity of demand and revenue 8. Discover how taxes affect supply and demand Lastly there is a book that I've written that coincides with this and the other two courses in the Specialization. You can purchase it here: https://he.kendallhunt.com/product/story-economics-principles-tale
R
Great instructor, he's funny and interesting. The course also keeps you ready with constant quizzes.
JW
The styly of the tutor's teaching is very relaxed and fun. Meanwile the course itself is informative and accessible for beginners. Highly recommend to anyone who has a general interest in economics.
RC
Terrific Economics course, I’m looking forward to taking the next two courses in this program.
AA
Your style and examples were amazing. Hope to meet you in real life one day, Jimmy!
KA
Jimmy provides a fun method of teaching and makes a complex subject accessable.
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The styly of the tutor's teaching is very relaxed and fun. Meanwile the course itself is informative and accessible for beginners. Highly recommend to anyone who has a general interest in economics.
I started this course with the goal of dipping my toes into economic theory to become more familiar with the terminology in the manuscripts I edit. (I’m a freelance English editor.) I ended up completing all three courses and obtaining my certification because the lectures were so engaging and fun. I particularly enjoyed the never-boring presentation, the visuals, and the way the assignments were designed. The fact that there was no pressure to achieve a high grade removed the temptation to ask for help. After completing this course I feel I can better understand the forces that shape our world, from micro to macroeconomics. The only downside is that I’m now seeing supply and demand curves everywhere, even in the contrails in the sky. What I’ve learned in these three courses now forms the backdrop of the economics stories I edit for my clients, making my job more enjoyable and the result more precise. The best part is that 20+ years after graduating from university, I’ve rediscovered the joy of learning. I never stopped learning, but this has been the first online course I’ve thoroughly enjoyed. I cannot recommend this course or the instructor more warmly!
While I'm writing this, my memory just goes back like a waterfall. It's been a long time since I kept in touch with this course. I had doubts about how a professor could look so young—he looked just like the coach at my school. And it turns out I was right. Jimmy was a really nice teacher; he's not just built different. He's funny, he's smart, and he's part of a generation of teachers who understand the mentality of the younger generation. He just made me so excited that I ended up studying this course through my sleep time—for a straight 16 hours. If I got a son and he just wanted to study finance for fun, I prob will give him this course, and eventually he will love finance. And not just that—the course is also really detailed. I love this course, and I just found out he has two more courses in a big certificate that includes A Story of Economics: A Principles Tale. I immediately signed up. 10/10, there's no doubt about this.
If you are understanding only one course, this should be the one . Just look around you. This course covers essential topics such as supply and demand, market equilibrium, and the role of government in addressing market failures. These concepts are crucial for understanding and navigating the complexities of our modern economy. The global economy is facing rising geopolitical tensions, (conflicts in the Middle East, ) disrupting trade and contributed to economic instability. A better understanding of international trade and economic interdependence could have helped mitigate some of these issues. Prof, Jimmy DeNicco is a economic prophet. His lectures are prescriptions for people to make better decisions and contribute to a more informed society
This course is so good. It made the basics of economics easy to understand, even if you’ve never studied it before. The examples from everyday life helped me see how the concepts actually matter, and the exercises kept me engaged without feeling overwhelmed. I feel like I now have a solid foundation to build on if I want to learn more about economics.
I almost felt i was i live classes with the instructor. having ben an instructor myself in a MBA course on Economics 101 i learnt a lot about concise and yet deep presentation of concepts and also learnt how important it is to revise. Many Thanks.
The course was really amazing and informative. After taking this course you general knowledge of the economics increases so much. The professor is also really good at making you understand the topics and concepts.
I like the course. Economics terms and concepts are explained well and clearly. The professor is great too.
Great instructor, he's funny and interesting. The course also keeps you ready with constant quizzes.
Terrific Economics course, I’m looking forward to taking the next two courses in this program.
Your style and examples were amazing. Hope to meet you in real life one day, Jimmy!
Jimmy provides a fun method of teaching and makes a complex subject accessable.
such a wonderful course
The course was amazing!
student friendly way
Good
nice
It was a little tougher than I expected, especially for someone with zero background in economics whatsoever. I struggled with the terms and phrases used as there was no breakdown of their meaning or introduction to the absolute basics before using them. I was expecting a much more beginner friendly course. Overall, I enjoyed the teacher's personality and methods and I think there was a lot to offer here.
very good