Micro and Macro Economics Course

Program Overview

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Nexford University's Micro and Macro Economics Course provides a comprehensive foundation in economic principles, equipping learners with the skills to analyze market responses, understand macroeconomic indicators, and apply economic analysis in real-world scenarios. The program emphasizes critical thinking, active learning, and collaboration, preparing individuals for careers in economics, finance, and business.

Program Outline

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Micro and Macro Economics Course - Nexford University

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Degree Overview

This course provides a foundation in basic economic concepts relevant to consumer, business, and public policy decision-making. Subjects covered include:

• Microeconomics: Market forces, supply and demand, competition, business organization, and consumer behavior.
• Macroeconomics: Measuring the strength of a nation's economy, international trade, and government involvement.
This program equips you with the knowledge to:
• Analyze market responses to external events using supply and demand models.
• Explain key concepts like gross domestic product, inflation, and unemployment.
• Understand the impact of government regulation on supply and demand.
• Furthermore, it addresses the unique challenges of emerging and developing markets in comparison to developed countries.

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Key Objectives:

• Comprehension of fundamental economic principles
• Application of economic analysis in real-world scenarios
• Development of critical thinking and problem-solving skills

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Outline

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Program Structure:

This course consists of 6 modules designed to be completed within 8 weeks.

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Content:

Each module focuses on specific economic concepts and applications, including:

• Module 1: Supply and demand analysis and its applications.
• Module 2: Deep dive into opportunity cost, trade-offs, and the benefits of exchange.
• Module 3: Applying supply and demand models in competitive and monopolistic markets.
• Module 4: Applying supply and demand models for factors of production and aggregate demand and supply.
• Module 6: Exploring the role of central banks.

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Learning Resources:

The program utilizes various learning materials:

• Readings: Course materials, articles, and industry reports.
• Videos: Lectures and interactive elements.
• Quizzes: Self-assessment tools to reinforce learning.
• Case studies: Real-world examples for practical application.
• Peer discussions: Collaborative learning opportunities.
• Final project: Comprehensive application of learned concepts.

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Schedule:

• The program starts on the first of each month.
• Participants have 24/7 access to course materials.
• Weekly time commitment is estimated at 10-15 hours.

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Assessment

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Assessment methods:

• Regular quizzes and assessments throughout the course.
• Final project demonstrating the application of learned concepts.

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Grading criteria:

• Specific grading criteria are available in the course catalog.

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Outcomes:

• Participants gain real-world skills immediately applicable in their professional lives.

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Teaching

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Faculty:

Nexford's dedicated faculty provides expert support through:

• Individual feedback on assessments.

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Learning Approach:

Nexford emphasizes

• Critical thinking through hands-on assessments reflecting real-world business situations.
• Active learning through readings, videos, interactive elements, and case studies.
• Access to the Nexford online library with millions of resources.
• Free access to LinkedIn Learning for expanding professional knowledge and skillset.

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Careers

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Potential career paths:

• Economist
• Financial trader
• Policy analyst
• Market research analyst
• Business consultant

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Opportunities:

• This course equips individuals with the skills and knowledge needed to thrive in various economic and business-related fields.
• It provides a strong foundation for further studies or career advancement.

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Other

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Additional program highlights:

• Flexible online format offering 24/7 access to materials.
• Global community of learners creating networking opportunities.
• Alumni network comprised of professionals working at leading companies.
• Rigorous curriculum designed to prepare individuals for the modern workforce.

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Cost:

$175

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Credits:

3