Economic Issues - An Introduction (J46147)

Overview

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This introductory course develops understanding of core economic concepts and theories, applies them to real-world situations, and uses economic data to assess market behavior and policy impacts. Learners also practice constructing evidence-based arguments about economic theories and policies.

Syllabus

Understand and explain key economic concepts such as scarcity, opportunity cost, supply and demand, and market equilibrium.
Apply economic theories to real-world situations and predict the possible outcomes.
Analyse economic data and trends to make informed predictions about future market behaviours.
Evaluate the potential impacts of different economic policies and make informed decisions based on these evaluations.
Create well-structured arguments to support or critique economic theories and policies, using evidence and logical reasoning.