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Introduction to Economics
Economics is a compilation of the theories, principles, and models that deal with how the market process works. It attempts to explain how wealth is created and distributed in communities, how people allocate resources that are scarce and have many alternative uses, and other such matters that arise in dealing with human wants and their satisfaction. It’s the study of scarcity, the study of how people use resources and respond to incentives, or the study of decision-making. With an objective of helping students through this subject of huge importance, TutorDollar has introduced online classes help.
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The various topics covered in this online course named Introduction to Economics are The Principles and Practice of Economics, Economic Methods and Economic Questions, Optimization: Doing the Best You Can, Demand, Supply, and Equilibrium, Consumers and Incentives,, Sellers and Incentives, , Perfect Competition and the Invisible Hand,, Trade, Externalities and Public Goods, The Government in the Economy: Taxation and Regulation, Markets for Factors of Production, Monopoly, Game Theory and Strategic Play, Oligopoly and Monopolistic Competition, Trade-offs Involving Time and Risk, Economics of Information, Auctions and Bargaining, Social Economics, The Wealth of Nations: Defining and Measuring Macroeconomic Aggregates, Aggregate Incomes, Economic Growth, Why Isn't the Whole World Developed, Employment and Unemployment,, Credit Markets, The Monetary System, Short-run Fluctuations, Countercyclical Macroeconomic Policy, Macroeconomics and International Trade and Open Economy Macroeconomics.
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