Introduction to Economics

This course will help students to interpret economic news and economic data profoundly. At the same time students will learn to form their own insights on economic issues. This course will provide a solid foundation for students who wish to study advanced economics in the future.

Designed For

○ Students who are new to economics and/or who would like to take an economics elective next semester

Level

○ Beginner

Class Format

○ One-on-one and Small Group (Max. 7 students/class)

Class Schedule

○ 10 classes total, 90 minutes each class

WHAT YOU WILL LEARN

Understand the concepts of opportunity cost, incentives and trade-offs
Use supply and demand analysis to predict how businesses and consumers will respond to the changing market environment
Understand the company's profit maximization and cost structure
Compare companies in different market structures-perfect competition and imperfect competition
Understand the main economic indicators: GDP, unemployment rate, inflation
Use aggregate supply and demand models to explain economic events and economics
Understand policies that promote economic growth