Top 10 Economics Online Courses to Truly Understand Economic Decision Making

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From growth and unemployment rates to gasoline and food prices, economics pretty much runs the world, making this subject a fairly big deal in today’s society. But what causes these fluctuations in rates and prices on pretty much a daily basis?

Economics follows two main streams of study. They are Microeconomics and Macroeconomics. Microeconomics deals with customer behavior, incentives, pricing, margins, etc. and is more useful for managers. While Macroeconomics deals with broad economics and larger scale things such as interest rates, Gross Domestic Product (GDP) and other stuff you see in the business columns of newspapers and is more useful for investors.

Having an understanding of economics is useful in multiple facets of life as it is used to study how societies use scarce resources to produce variable commodities and distribute them among different people.

Join one of the following incredible courses today to determine factors that lead an economy on a national and global scale to grow more or less rapidly and gain a deeper understanding about economic decision making.

MANAGERIAL ECONOMICS – EFFECTIVE BUSINESS DECISION MAKING | UDEMY

Wanting to learn how businesses apply economic principles in order to formulate effective decisions? Then this is the course for you.

Over the duration of 3.5 hours of on demand video content, you will learn how to evaluate business decisions from an economic perspective, comprehend core concepts in managerial economics, analyze the behavior of companies in the marketplace, and how to effectively formulate and recommend business decisions.

This all-inclusive course allows you to examine business decisions from both the perspective of the supplier and the consumer.

The course is led by Robert Reed who holds a Masters of Business Administration and over 3 years of student tutoring experience. You are definitely in good hands, so be sure to enroll today!

What the reviews are saying:

“Well explained and worth the investment.

Instructor always uses examples which is great.

Maybe adding more questions to the quizzes or having an overall quiz in the end of the course could be considered. Personally, I would love that.

Thank you!” – Paul Brandvold

“Finished my two years of economics in the UK at A-Level, so far this is the perfect amount of challenge for me, really interesting and explained well.” – Alex White

USING MANAGERIAL ECONOMICS TO MAKE SOUND BUSINESS DECISIONS | LORMAN

Lorman is an online learning platform where you can access professional continuing education on compliance, regulatory, and business topics, while training at your own pace.

At the moment they are offering a managerial economics course that allows you to gain a better understanding of what managerial economics is and how it can be used to make strategic business decisions.

The idea of managerial economics may sound boring to some and complex to others, but this is definitely an area of study that can have a direct impact on your bottom line and growth, especially when used correctly.

Over the duration of the course, you will learn the why’s and how’s of using managerial economics in your business operations to accomplish your goals faster and more successfully.

You will learn what managerial economics is, why it is necessary and ways of implementing it, as well as the limitations of this study and certain areas of caution. So, don’t miss out on this awesome opportunity!

ECONOMICS FOR MANGERS | HARVARD BUSINESS SCHOOL ONLINE

Apply for the Economics for Managers course through Harvard’s online Business School and gain the knowledge and skills needed to craft successful business strategies.

This course was designed to enable you to drive critical business decisions and explore how businesses approach pricing strategies. You will learn how to evaluate market demand, and differentiate their offerings, and how you can apply those learnings to compete in the marketplace successfully.

The course is facilitated by professor Bharat Anand, the Henry R. Byers Professor for Business Administration for Harvard Business School and he is also Harvard University’s Vice Provost for Advances in Learning. He is an expert in digital and corporate strategy and will definitely ensure that you get the most out of this course.

The course runs for eight-weeks covering approximately 60 hours of material, over which you can complete the coursework on your own time while meeting certain deadlines.

What the reviews are saying:

“Economics for Managers was immensely valuable. Hearing from founders and seeing the power of network effects through various case studies helped me see market opportunities through an entirely different lens. I was able to talk about powerful tools, like conjoint analysis and A/B testing, in interviews. And the market knowledge I acquired helped me refine and expertly craft research reports at my firm. Professor Anand’s engaging style prompted me to continue my education in economic strategy.” – Asher Salik

“The most impressive part of Economics for Managers was the case studies from a managerial perspective, including an analysis of a pharmaceutical company’s pricing of a drug and the ethics of measuring consumers’ willingness to pay for medicine. Due to the cohort’s diversity in experiences and backgrounds, this discussion included the voices of the patient, the manager, and the policymaker.” – Michael Denham

ONLINE ECONOMIC RECESSION COURSE | JOHN ACADEMY

John Academy is well known for its affordable, engaging and high-quality e-learning study materials with tutorial videos and materials from industry leading experts. This Online Economic Recession Course is no different.

This course was designed to teach you what effects the economic growth in a nation and how economic recession can affect businesses and the unemployment rates of a country.

You will engage in discussions about what causes the economic recession and how to avoid it, as well as how to predict what will happen to your business and how to avoid negative impacts or at least lessen it to avoid bankruptcy.

The course is open to all learners over the age of 16 years old from all academic backgrounds and only requires that one has a good understanding of English, numeracy, and ICT.

Be sure to check out this awesome online opportunity today by following the link below.

UNDERSTANDING MACROECONOMICS FOR UNIVERSITY AND BUSINESS | UDEMY

Join one of Udemy’s bestselling courses explaining the economics of fiscal policy, money creation, and monetary policy.

The course was created and designed by Saifedean Ammous, an Assistant Professor of Economics at the Lebanese American University with a PhD in Sustainable Development from Columbia University as well as several other qualifications from prestigious universities. So, you are in good hands.

This all-inclusive course will help you to understand macroeconomics, make business decisions informed by knowledge of the state of macroeconomy, and understanding economic policymaking.

The course is composed of 12 lectures, totaling approximately 2 hours and 40 minutes of video content. Each lecture is complete with detailed lecture notes outlining the main ideas and concepts. You will also have the opportunity of engaging in several practice problems to help put your knowledge to the test.

What the reviews are saying:

“The explanation given is great. It’s my first time of understanding the role of government and central bank in controlling inflation and recession. The piece on money supply and creation of money by central banks made me understand the subject for the first time. It’s great! It’s important to mention that I’m not an economics, but I have interest on how the government controls the economy generally. Thank you so much.” – Bello Rufai Ahmed

“The instructor speaks clearly on topics and he points the importance massages that attendees need to understand clearly. The length of each video is not too long and also not to short, help attendees to easily concentrate on the topics.” – Eak TapSaNga

THE POWER OF MACROECONOMICS: ECONOMIC PRINCIPLES IN THE REAL WORLD | COURSERA

The University of California, Irvine have teamed up with Coursera to bring you the ultimate economics course that will teach you all the major principles of macroeconomics normally taught in a quarter or a semester course for college undergraduates or MBA students.

You will also take the useful principles and apply them to a wide variety of situations in both a personal and professional realm. In this way it will help you to prosper in an increasingly competitive and globalized environment.

The course covers approximately 23 hours of in-depth video content that you can work through at your own pace. Each step of your journey will be facilitated by instructor Dr. Peter Navarro who is dedicated to bringing you the best possible online learning experience.

What the reviews are saying:

“The course helps you to have an insight about a lot of concepts in a really less amount of time. Moreover, most of the concepts are being explained with real life examples in a very well planned way” – AG

“A good course to have a good foundation of macroeconomics. Enjoyed the theory behind supply & demand, implications of political and economic policies and how it drives the actions of governments. I could recommend this course to anyone interested for a good foundation in macroeconomics” – Brian T T Y

HST416: ECONOMICS | K12

K12 is offering you an introduction to the basics of economic principles and the opportunity to learn how to think like an economist.

Throughout this one semester course, you will explore the different economic systems, including the American free enterprise system, you will analyze and interpret economic data, as well as consider economic applications in today’s world.

You will also take your understanding of economics in the world of business, money, banking, and finance and see how economics can easily be applied both domestically and globally.

K12 requires you to sit a diagnostic test that will assess your current knowledge and generate individualized study plans so that you can focus on the topics that need particular review.

Don’t miss out on this awesome opportunity and join today by following the link below.

ECONOMIC DEVELOPMENT FINANCING UPDATE | LORMAN

Lorman is offering an exciting opportunity to get on the right track to economic improvement in your community by teaching you how to drive growth with a lesson on economic development plans.

State and local governments that haven’t planned for dealing with economic changes aren’t recovering as well as those that have developed and implemented an economic development plan. These plans are usually intended to create jobs and to encourage capital investment, as well as to generate tax revenue for government operations and infrastructure improvements.

This short course will be defining and describing effective economic development plans while covering the drivers of economic growth. The focus is on the number of generally applicable and practical ideas to assist state and local governments as well as businesses.

MICROECONOMICS | EDX

The Massachusetts Institute of Technology (MIT) and EdX are offering you a Microeconomics course that will teach you how to use economic models to determine how prices and markets benefit society in the face of scarcity, and then apply these models to analyze policy.

The course runs for 11 weeks, requiring approximately 12-14 hours per week. Throughout this time, you will microeconomic concepts and analysis, supply and demand analysis, and theories of the firm and individual behavior, competition and monopoly, and welfare economics. All under the careful guidance of Jonathan Gruber, Ford Professor of Economics at MIT.

Prerequisites for this course include an elementary calculus understanding, which can be obtained through other MITx courses.

This knowledge is required to analyze mathematical models that describe real-world behavior of consumers and firms, as well as for understanding how prices make the world go ‘round.

By the end of this course you will join the ranks of business executives, policymakers, entrepreneurs, and global leaders who rely on insights they derive from a working knowledge of microeconomics.

THE ECONOMIC WAY OF THINKING | UDEMY

One of the highest rated economics courses on Udemy at the moment, is here to give you a university/college level understanding of economics, in which you will gain an understanding of the economic way of thinking.

The course aims to bring you to understanding concepts such as marginal benefits and costs, and how markets and governments work. You will develop insights into key economic debates, including Austrian and Public Choice criticism of mainstream economics.

By the end of this course, you should also have an understanding of the moral and ethical components of economic decision making. The course covers 12.5 hours of in-depth video content with lifetime access upon enrollment.

This is the perfect course for you if you are inquisitive in nature and have the ability to examine logical arguments.

What the reviews are saying:

“One of the best course I have enrolled in. The instructor is very knowledgeable and is exceptional in portraying a clear picture of the philosophy behind economic theory, that too in a clear and concise way. Money well spent.” – Supriyo Banerjee

“I learnt so much from this course, and now understand economics to a level where I can critically appraise many government policies. The presenter was very clear in their explanations and used good examples. I found most of the topics very interesting.” – Jarrah Watkinson