Free About 1 hr0 learners Rev. 2026-10-10 0

This course cover scarcity, opportunity cost, incentives and marginal thinking, supply and demand, what markets do well and why trade pays, market failures and government failures, money, banks and inflation, growth, unemployment and the business cycle, inequality and how it is measured, and the main economic systems along with habits for thinking like an economist about public questions.

The aim is understanding, not persuasion: you should finish able to explain the main tools economists use, state competing views as their best defenders would, and tell where a disagreement is about facts and where it is about values. No background or math beyond simple arithmetic needed.

Levels

  1. 1 1. Scarcity, Choice and Thinking at the Margin 5-question quiz
  2. 2 2. Supply, Demand and Prices 5-question quiz
  3. 3 3. What Markets Do Well: Smith, Specialization and Trade 5-question quiz
  4. 4 4. When Markets Fail, and When Governments Do 5-question quiz
  5. 5 5. Money, Banks and Inflation 5-question quiz
  6. 6 6. Growth, Jobs and the Business Cycle 5-question quiz
  7. 7 7. Inequality and Distribution 5-question quiz
  8. 8 8. Economic Systems and Thinking Like an Economist 5-question quiz

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