Fundamentals of Economics Course
Gain mastery in fundamental economics, zeroing in on labour markets and minimum wage policies. Explore vital models, analyse empirical data, perform rapid quantitative assessments, and convert intricate data into straightforward, compelling policy recommendations for practical decision-making in everyday contexts.

from 4 to 360h flexible workload
valid certificate in your country
What will I learn?
This brief, hands-on course provides a solid framework for grasping labour supply, demand, and wage determination, emphasising minimum wage policies. You'll master essential models, elasticity concepts, and quantitative methods, review key empirical research and local effects, then develop skills in crafting data-driven policy analyses and explaining trade-offs and uncertainties to non-expert decision-makers.
Elevify advantages
Develop skills
- Examine labour supply, demand, and balance in actual job markets.
- Assess minimum wage effects using competitive and monopsony labour frameworks.
- Apply elasticities and simple computations to predict wage and job impacts.
- Analyse latest minimum wage research, techniques, and varied outcomes.
- Create concise, evidence-based policy summaries and clarify trade-offs for general audiences.
Suggested summary
Before starting, you can change the chapters and workload. Choose which chapter to start with. Add or remove chapters. Increase or decrease the course workload.What our students say
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