CIBP

Last updated April 13, 2020

Economics

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Overview

Economics

In this course, you will learn the skills to understand today’s economy and to succeed in today’s interconnected business world.

Skills you will learn

 Understanding essential economic principles and concepts
 Analyzing the production and consumption of goods and services
 Evaluation of international business strategies

About this course

This course introduces basic economic concepts that are fundamental to understand many of the issues faced by business firms. Learn the processes that govern the production and consumption of goods and services in a global economy: Microeconomics and Macroeconomics.

Understand important principles like price elasticity and the law of supply and demand. This course also includes the different economic systems around the globe, the essential business cycle phases, the country analysis tool, and international business strategies.

You will also receive a short case study of the European Union (EU) and the World Trade Organization (WTO) that summarizes the key takeaways of this course.

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