Introduction to Economy – Microeconomics

In this course, you will learn all the major principles of economics, what is an economy, economic problems, market economy and planned economy, problems and solutions. Some interview related questions from general economics are also discussed.

An economy is a large set of inter-related production and consumption activities that aid in determining how scarce resources are allocated. In an economy, the production and consumption of goods and services are used to fulfil the needs of those living and operating within it.

No prior understanding of economics is required because this is an introductory economics course at the most basic level. This course is open to anyone with an interest in economics.

What you’ll learn –

• An Introduction to Economics

• Economy – Definition and Interview Questions

• What to Produce, How to Produce and for Whom to Produce

• Market Economy and Centrally Planned Economy, Solutions to Economic Problems

• Difference between Market Economy and Centrally Planned Economy

This course is self-based, designed for complete beginners in economics and in the English language.

This is Sanchit Gupta currently working as a Software Engineer in Bangalore, India. I’m working as a verified educator for the past 3 years on Unacademy (India’s Largest Learning Platform) now. There I teach several topics (Competitive Exams, CAT, GMAT, GRE Preparation, Economics, UPSC Preparation, Programming, Personal Development and many more).

Who this course is for:

• Class 11 and 12 students
• Engineering Students
• Business Students
• UGC NET
• MBA Students