MP4 | Video: h264, 720x1280 | Audio: AAC, 44.1 KHz, 2 Ch
Genre: eLearning | Language: English | Duration: 13 lectures (34m 18s) | Size: 131 MB

Learner must be understand English language at least at intermediate level.

Course 2 of 5

Basic knowlegde of market structure

Theory of production and cost

What business organization is about

Basic writing materials.

A calculator.

ENGLISH

Learn Economics from the scratch, ECO01 is the first of a five course series culminating in the specialization of Economics.

Have you ever wondered what Economics is all about? Maybe you're in high school or you're in college majoring in or taking it as borrowed course. Perhaps you're just an adult and you just want to refresh your memory on the subject. You're in the right place.

Economics is an age long activity, from credle man's activities have centered on how to satisfy his wants. While some economic historians believed that economics thought started with the classical school, others believe that economic reasoning dated back to the mercantilist. Only few maintained that physiocratic thought contained elements of economics.

Be it as it may, economic activities started with man. As a hunter and food gatherer, the epic man was concerned about the future, which led him to domesticate animals and food crop. As a physiocrat, man wants to produce goods for future consumption and a mercantilist his trade centers on acquiring more wealth. Today, the world is an economic globalization, which makes the study of economics vital.

High school or secondary school students.

College freshmen majoring in Economics or related courses.



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