Free microeconomics course on price and trade

0
Certificate

Paid

Language

Level

Intermediate

Access

Free

Last updated on May 27, 2024 7:30 pm

What are ‘price ceilings’? How does the futures market work? Why do governments enact price controls? This microeconomics course covers all of these and more.

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This free online microeconomics course will teach you about price and trade. You will learn about the price system, which helps to co-ordinate global economic activity and acts as a signal for shortages and surpluses, helping firms and consumers respond to changing market conditions. You will also study how trade increases competition, lowers world prices and breaks down domestic monopolies.

What You Will Learn In This Free Course

  • Explain the price system and define …
  • Discuss how markets link people and …
  • Define speculation, futures and pred…
  • Explain how prediction markets can h…
  • Explain the price system and define prices
  • Discuss how markets link people and places
  • Define speculation, futures and predictions markets
  • Explain how prediction markets can help businesses, governments and scientists
  • Define a ‘price ceiling’ and a ‘price floor’
  • Explain the unintended consequences of price ceilings
  • Explain why governments enact price controls and discuss how price controls relate to Communism
  • Discuss the benefits of trade and define protectionism, tariffs and quotas
  • Explain the common arguments against international trade
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      Free microeconomics course on price and trade
      Free microeconomics course on price and trade
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