Ementorhub

What you'll learn

Surplus & Social Welfare: Applying the concept of surplus to measure the welfare of an economy and use the supply and demand model to illustrate it

Impact of Government Interventions: Understand how government interventions (eg. price controls) impact social welfare using model of supply & demand

Price Elasticity of Demand: Learn how to classify goods based on their price elasticity of demand & predict how changes in price might affect revenue

Analysis of Tax Implications: Use the price elasticity of demand concept to determine the distributional and welfare effects of an excise tax

Skills you'll gain

Business Economics

Economics

Supply And Demand

Public Policies

Consumer Behaviour

Policy Analysis

Market Analysis

Decision Making

Socioeconomics

There are 2 modules in this course

-the environment -love and marriage -crime -labor markets -education -politics -sports -business My main goal is to show you the way economists think and how to use this analytical system to answer questions related not only to these and other important human issues but to anything you end up doing with your life after this class. After all, as you will quickly find out, I believe that everything is economics!

Elasticities