Economics Masterclass Online Courses

The study of economics can be applied in several sectors of the economy like business, health care, finance, engineering, government, and even households. Read more below

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Economics Masterclass Course Overview

The subject area of economics analyses the behaviour and interactions of people while allocating scarce resources. It ensures the responsible and optimum utilisation of limited resources to maintain an ideal balance in the economy. It keeps a close check on the functions of the entire economy as well.

To properly manage every sector of the economy, there are two subsections of economics, Microeconomics and Macroeconomics. Besides these, other broad distinctions of economics are positive economics (what is), normative economics (what ought to be), economic theory and applied economics, rational economics, and behavioural economics.

The study of economics can be applied in several sectors of the economy like business, health care, finance, engineering, government, and even households.

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FAQs on Economics Masterclass Courses

Economics is an imperative part of our life which extends across all aspects. Be it the optimum allocation of our resources or to generate maximum profit from a business, the knowledge of economics is essential

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