Enroll Course: https://www.coursera.org/learn/economics
Exploring the Course
If you have ever felt overwhelmed by economic jargon and concepts, Coursera’s course 經濟學概論：誘因與市場 (Introduction to Economics: Incentive and Markets) is a fantastic starting point. Spanning four weeks, this course offers an engaging introduction to the foundational elements of economics, particularly focusing on key principles like opportunity cost, supply and demand, market equilibrium, and elasticity.
Course Overview
The course is designed to help learners cultivate an economic intuition by illustrating how economics affects our daily lives. With real-world examples ranging from trading and investing to public policy and media, it sheds light on the very relevant role economics plays in decision-making and everyday activities. In times where economic news floods our screens, understanding these principles has never been more necessary.
Course Content Breakdown
- Week 1: Basic Principles of Economics
This session serves as a primer to economics, covering fundamental concepts like opportunity cost, marginal thinking, and market dynamics. Notably, it features a mini-game to help participants grasp the notion of rational forecasting, making learning both effective and fun.
- Week 2: Supply and Demand
Delving into the heart of economics, the second week highlights the principles of supply and demand along with market equilibrium. It covers factors that influence fluctuations in supply and demand and discusses concepts such as substitutes and complements.
- Week 3: Government Policies and Market Response
Continuing from the prior week, this segment examines the effects of government price controls on markets. It tackles scenarios involving price ceilings and floors, analyzing how these controls alter market prices and quantities in the wake of supply and demand changes.
- Week 4: Understanding Surplus
The final week introduces surplus, a fundamental concept in welfare economics. The course guides learners through the derivation of consumer and producer surplus from supply and demand lines, enabling them to assess the implications of government taxation and international trade on welfare.
Conclusion: A Recommended Course
Overall, Introduction to Economics: Incentive and Markets is not just an academic course; it is a valuable resource for anyone looking to better understand the economic forces shaping our world. Whether you are a complete novice or someone with a desire to refresh your knowledge, this course offers approachable content, engaging examples, and practical insights. I highly recommend it to learners of all backgrounds!
Enroll Course: https://www.coursera.org/learn/economics