How is Economics used?
Zippia reviewed thousands of resumes to understand how economics is used in different jobs. Explore the list of common job responsibilities related to economics below:
- Planned and organized instruction of courses in Business and Economics.
- Teach Global Economics to the MBA students, Macro Economics and Micro Economics to the Undergraduate students.
- Educate students on benefits of organizational learning with emphasis on leadership, knowledge management, organizational communication and economics.
- Lectured in Basic Economics and Small Business Development resulting in increased awareness of coaching responsibilities & duties.
- Researched effects of tort liability on auto accidents and the economics of vicarious liability.
- Designed and presented curriculum in Economics of Facilities Decisions, and Facilities Maintenance Finance.
Are Economics skills in demand?
Yes, economics skills are in demand today. Currently, 36,592 job openings list economics skills as a requirement. The job descriptions that most frequently include economics skills are assistant professor of business, transitional studies instructor, and business administration instructor.
How hard is it to learn Economics?
Based on the average complexity level of the jobs that use economics the most: assistant professor of business, transitional studies instructor, and business administration instructor. The complexity level of these jobs is advanced.
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What jobs can you get with Economics skills?
You can get a job as a assistant professor of business, transitional studies instructor, and business administration instructor with economics skills. After analyzing resumes and job postings, we identified these as the most common job titles for candidates with economics skills.
Assistant Professor Of Business
Job description:
An assistant professor of business focuses on teaching business courses to undergraduates and graduate students in a university or college. They have the responsibility to prepare lessons and coursework plans, arrange individual and group activities, administer examinations, and monitor the students' progress. They also provide academic assistance to professors and other staff by performing clerical tasks such as preparing and processing documents, conducting research and analyses, and facilitating various activities. Moreover, they may also participate in committees and research projects.
- Economics
- Business Administration
- Course Curriculum
- International Business
- Graduate Courses
- Curriculum Development
Transitional Studies Instructor
- Syllabus
- Economics
- Student Learning
- Course Objectives
- Computer Applications
- Literature
Business Administration Instructor
- Student Learning
- Economics
- Business Management
- Colleges
- Curriculum Development
- Learning Environment
Business Professor
- Economics
- Organizational Behavior
- International Business
- Business Curriculum
- Entrepreneurship
- Business Management
Faculty Advisor
- Professional Development
- Economics
- Math
- Educational Curricula
- Classroom Management
- Literature
Business Management Professor
Job description:
A business management professor specializes in teaching business courses at universities and colleges. They are responsible for developing curricula and coursework materials, crafting presentations and handouts, administering examinations and quizzes, grading the students' papers, monitoring their academic progress, and arranging indoor and outdoor activities. They may also organize seminars and invite experts as guest speakers, providing students with additional insights on different topics. Moreover, besides teaching, a business management professor may also join committee works, attend conferences, and participate in research programs.
- Business Management
- Business Administration
- Economics
- Human Resources
- Project Management
- Ethics
Accounting/Finance Tutor
Job description:
The duties of an accounting/finance tutor depend on their line of work or industry of employment. In an academic environment, their responsibilities revolve around assisting accounting students on lessons that they find difficult, devising teaching strategies, providing coursework and assessments, discussing complicated areas, and helping them in various accounting and finance operations. Furthermore, as a tutor, it is essential to serve as a mentor and encourage students, helping them build confidence in their drive for academic excellence.
- Economics
- PowerPoint
- Reconciliations
- Payroll
- Treasury
- Data Entry
Grader
Job description:
A grader or lumber grader is an individual who works at a commercial establishment grading lumber, lumber yard, or sawmill. Lumber graders work with softwood and hardwood species for the identification of their grade, dimension, and any other qualities. They are responsible for working with inspectors and mill employees to ascertain whether logs are good for lumber or pulp. Their duties also include lumber scanning and labeling. They should be equipped with skills that include attention to detail, knowledge, and hard work.
- Discrete Mathematics
- Lab Reports
- Final Exams
- Economics
- Calculus II
- Linear Algebra
Senior Lecturer
Job description:
As a senior lecturer, you need to have the skills of managing and implementing an online system for better learning. You also need to arrange the laboratory courses and conduct the research, which includes model-based testing. You have to incorporate theoretical exercises to improve the student's knowledge. Besides that, you need to conduct some practical classes to expand the scope of the students.
You can teach them some practical skills such as communication basics and creative thinking. You need to lecture the undergraduate students as well as the postgraduate students. From time to time, you need to teach reaction mechanisms to alternative students as well.
- Philosophy
- Economics
- Curriculum Development
- Undergraduate Courses
- Mathematics
- Professional Development
Adjunct Business Professor
- Syllabus
- Teaching Methodologies
- Economics
- Student Learning
- Curriculum Development
- Course Materials
Adjunct Business Instructor
Job description:
An adjunct business instructor refers to an educator hired on a contractual basis. They teach introductory undergraduate courses semester-by-semester all through an academic year. They teach students who are preparing for associate and/or bachelor degrees, and part of their job is to prepare, administer, and grade quizzes and tests. They also provide objective feedback regarding student performance and maintain records of student attendance and grades. In addition, they are responsible for the retention of students and conducting classes in accordance with lesson plans and established syllabi. They provide objective feedback regarding student performance and maintain records of student attendance, grades, and/or homework assignments.
- Business Administration
- Teaching Methodologies
- Economics
- Student Learning
- Human Resources
- Student Performance
Personal Finance Instructor
Job description:
Personal finance instructors need to have strong speaking, writing, and critical thinking skills. Paying out at an average of $47K per year, this position requires a bachelor's degree and a teaching license. Those who choose this career path will be expected to teach financial literacy skills courses, which serve to prepare students for life after school.
- PowerPoint
- Derivative
- Syllabus
- Economics
- Financial Management
- Course Content
University Professor
- Undergraduate Courses
- Sociology
- Political Science
- Literature
- Economics
- Ethics
Visiting Assistant Professor
Job description:
A visiting assistant professor's responsibilities revolve around performing support tasks and conducting lectures while under the supervision or directives of a more experienced professor. Typically working for a limited period, a visiting assistant professor's duties are no different from full-time workers as their responsibilities revolve around assessing student progress through activities and examinations, developing a series of lectures, and preparing coursework. They may also monitor the progress of students, all while maintaining a safe and healthy learning environment for everyone.
- Philosophy
- Literature
- Mathematics
- Economics
- Research Methods
- Fine Arts
How much can you earn with Economics skills?
You can earn up to $91,546 a year with economics skills if you become a assistant professor of business, the highest-paying job that requires economics skills. Transitional studies instructors can earn the second-highest salary among jobs that use Python, $61,060 a year.
| Job title | Average salary | Hourly rate |
|---|---|---|
| Assistant Professor Of Business | $91,546 | $44 |
| Transitional Studies Instructor | $61,060 | $29 |
| Business Administration Instructor | $49,786 | $24 |
| Business Professor | $84,005 | $40 |
| Faculty Advisor | $59,767 | $29 |
Companies using Economics in 2026
The top companies that look for employees with economics skills are U.S. Department of the Treasury, Pwc, and Guidehouse. In the millions of job postings we reviewed, these companies mention economics skills most frequently.
| Rank | Company | % of all skills | Job openings |
|---|---|---|---|
| 1 | U.S. Department of the Treasury | 37% | 21 |
| 2 | Pwc | 13% | 16,927 |
| 3 | Guidehouse | 8% | 3,413 |
| 4 | Robert Half | 6% | 8,568 |
| 5 | Deloitte | 6% | 23,580 |
20 courses for Economics skills
1. Earth Economics
After this course you will be an Earth Economist that can provide evidence-based advise on the best global policy. As an Earth Economist you will better understand the behavior and advice of economists, have become a better economist yourself and know where to find Earth's data and how to analyze these world observations. Our planet is too important: we need you to get engaged! Earth Economics offers a completely new angle to policy analysis by its focus on the truly global level and its empirical orientation on very recent data. Sustainability (environmental and related to the UN's SDGs), equality and heterodox (that is: non mainstream) views on the economy are important for an Earth Economist. Taking stock of emerging planet data and analyzing policies during and following the Global Crisis, Earth Economics provides both a topical introduction into basic economic tools and concepts as well as insights in highly relevant problems and recent developments in planet production, growth and governance. An important issue is the provision of global public goods. Earth Economics highlights the importance of the United Nations, International Monetary Fund, the World Health Organization and the World Trade Organization...
2. International Economics: A Comprehensive Economics Course
This International Economics course is ideal for anyone interested in gaining a further understanding international trade and business! This is a perfect course for anyone interested in Global Trade and it's impact on our lives. Economics is the study of human behavior and how we act in an economic setting, but more than that it provides us with a better understanding of global politics and the tensions between nations today. Complete with over 35+ video lessons and downloadable notes, the course covers: Introduction to International EconomicsThe Advantages and Disadvantages Benefits of Global Free Trade The Advantages and Disadvantages of ProtectionismProtective Tariffs - Understanding What They Are and How They Impact Us! Protective Subsidies - Understanding What They Are and How They Impact Us! Protective Quotas - Understanding What They Are and How They Impact Us! Floating Exchange Rates SystemsFixed Exchange Rates SystemsThe Relationship Between Exchange Rates and International TradeBalance of Payments - How International Trade is Accounted for in an EconomyEconomic Integration and Trading BlocsAnd a love of Economics that I hope is contagious! I teach Economics because it fascinates me. Because it is the study of human behavior. Economics isn't about data and graphs and problem sets. It is the study of people and their story and their history and the forces of society that we are born into. It provides us with an understanding of ourselves. It is not hyperbole to say that a thorough understanding of economics enables us to better understand the human condition. I truly believe that. As a former Peace Corps Volunteer, a graduate of Duke University, and someone who has been fortunate enough to have traveled to over 55 countries around world, you will see how those experiences shape my teachings of Economics. Economics is the study of human behavior; and it is as a result of that behavior that economists have something to put into data charts and diagrams to study. Don't ever forget that! I am looking forward to being a part of your studies of International Economics!...
3. Development Economics: A Comprehensive Economics Course
This Development Economics course is ideal for anyone interested in gaining a further understanding international development and the natural tensions between developed and developing nations! This is a perfect course for anyone interested in international business, global trade and its impact on our lives. Economics is the study of human behavior and how we act in an economic setting, but more than that it provides us with a better understanding of global politics and the tensions between nations today. Complete with over 40+ video lessons and downloadable notes, the course covers: Introduction to Development EconomicsHow to Measure Economic DevelopmentThe Domestic Factors of Economic Development - the internal factors that lead to developmentInternational Trade and Economic Development - the impact of different trade strategies for developing nationsForeign Direct Investment and Economic Development - the impact of foreign investment on developing nations Aid, Debt and and Economic Development - the impact of international aid on on developing nations The magic of finding a balance between free-markets and interventionist policies. And a love of Economics that I hope is contagious! I teach Economics because it fascinates me. Because it is the study of human behavior. Economics isn't about data and graphs and problem sets. It is the study of people and their story and their history and the forces of society that we are born into. It provides us with an understanding of ourselves. It is not hyperbole to say that a thorough understanding of economics enables us to better understand the human condition. I truly believe that. As a former Peace Corps Volunteer, a graduate of Duke University, and someone who has been fortunate enough to have traveled to over 55 countries around world, you will see how those experiences shape my teachings of Economics. Economics is the study of human behavior; and it is as a result of that behavior that economists have something to put into data charts and diagrams to study. Don't ever forget that! I am looking forward to being a part of your studies if Macroeconomics!...
4. The Economics of AI
The course introduces you to cutting-edge research in the economics of AI and the implications for economic growth and labor markets. We start by analyzing the nature of intelligence and information theory. Then we connect our analysis to modeling production and technological change in economics, and how these processes are affected by AI. Next we turn to how technological change drives aggregate economic growth, covering a range of scenarios including a potential growth singularity. We also study the impact of AI-driven technological change on labor markets and workers, evaluating to what extent fears about technological unemployment are well-founded. We continue with an analysis of economic policies to deal with advanced AI. Finally, we evaluate the potential for transformative progress in AI to lead to significant disruptions and study the problem of how humans can control highly intelligent AI algorithms...
5. Introduction to Economic Theories
Wondering why economists have not predicted serious financial crises? Shocked by economic assumptions of human behavior as self-centered and focusing only on what can be measured? Asking yourself if there are no sensible economic alternatives to free markets? Then you are at the right place to learn economics! This is the first online course that teaches economics from a pluralist perspective. Economic pluralism means that a plurality of theoretical and methodological viewpoints is regarded as valuable in itself and is simply the best way in which economics can make progress in understanding the world. This MOOC will illustrate economic pluralism not only in substance but also in form. You will see not only me, a Professor of Economics, but also a pop-up Prof of our business school, who illustrates the actor perspective of firms, government and civil society. And you will meet an online student, based in Greece, who will help you through the tutorial videos in which I will explain key concepts, tools and techniques. I will not limit myself to the dominant theory, as almost every other course does. Instead, I will introduce you to four very different economic theories for the whole set of standard topics in microeconomics and macroeconomics. The theories are presented every time from broad and more interdisciplinary to narrow and more mathematical. The four theories that I like to introduce you to are Social Economics, Institutional Economics, Post Keynesian economics and, at the very end of each topic, Neoclassical Economics, for the special case of ideally functioning markets. But not everything is different in this course. Like every economics course, it includes numbers, diagrams, tables, equations, and some calculations. Why would you go through the effort of learning the basics of four theories instead of one? Because it will help you to see why many economists cannot predict crises, whereas others can see signals but are often not being listened to because they do not belong to the dominant school of thought. It will also enable you to see that it is just one theory claiming economic agents to be self-centered and focusing on the measurable only. Other economic theories go well beyond these limitations. And, finally, the pluralist approach will provide you with policy alternatives to neoliberalist policies promoting free markets. The objective of this course is twofold. First, to enable you to understand different economic viewpoints, linked to important traditions in economic thought, and basic economic concepts belonging to these theoretical perspectives. Second, to enable you to do some basic economic calculations that are important in economic life, such as calculating an inflation rate, and in economic policies, such as estimating the rough gains from trade for both trading partners, and in economic arguments, such as in calculating utility maximization with given prices and budgets. Please note that if you do all course elements, total course load is likely to be 4 ECT (approx. 134 hours). I hope you will enjoy the course!...
6. What is Economics?
Ever wondered what Economics is all about? Maybe you're considering taking it as an elective at college or high school and have no idea what it's about? Maybe you're just a curious adult who wants to find out more? Well this course is for you! There will be more lectures added as the number of students grows, as well as hosted discussions and opportunities to request lessons on other concepts not covered yet!...
7. China’s Economic Transformation Part 1: Economic Reform and Growth in China
In 1978, after nearly 30 years of socialist planning under Mao Zedong, China was one of the world’s poorest countries, saddled with an inefficient, inward-looking economy. Today, China is an upper-middle income country and the world’s largest trading nation, contributing more to global economic growth than any other nation. How could such a remarkable transformation take place? This course will examine in detail the reforms that have contributed to China’s economic development and the current challenges facing the Chinese economy. After completing this course, you will be able to: - describe the origin and consequences of China’s key economic reforms since 1978; - explain how features of China’s fiscal and financial systems have impacted development outcomes; - assess the extent to which China has integrated itself into the global economy and the consequences of such integration for China and other countries; - explain the importance of different sources of economic growth during different periods since 1978; and - critically assess the economic and policy challenges facing China going forward. This course does not offer certificate at the moment. Course Overview video: https://youtu.be/YBkhpvWUoIw...
8. Globalization, Economic Growth and Stability
This Specialization aims to make economic concepts accessible to every learner, and to teach them to analyze current events using the toolkit of economics. It begins by explaining the basic parameters of the macroeconomy, and how governments can/should use both fiscal and monetary policy to influence growth, inflation and employment. It then moves on to the international arena, where countries interact, and explains the basic principles of free trade, exchange rates, the balance of payments and immigration and how these interactions affect our everyday lives. Finally, learners will apply these tools and concepts to the world's leading economies and discover how they can "read" from a country's economic data important lessons about the risks and opportunities of doing business in these countries, equipping them with tools that they can use in the workplace and even in their personal investment decisions...
9. Managerial Economics and Business Analysis
In the exceedingly fast-paced business world, growing business demands a clear grasp of how a firm obtains a competitive advantage in its operations, how the business cycle and monetary policies impact the firm’s ability to maximize shareholders’ wealth, and how to obtain and efficiently use data to develop actionable business strategies. The Managerial Economics and Business Analytics Specialization is targeted towards aspiring managers, senior managers, and business executives who wish to have a well-rounded knowledge of firm-level and country-level economics, modern financial institutions and central bank policies, and statistical data analysis and business decision-making.\n\nThe courses in this specialization will focus on microeconomics, macroeconomics, monetary policy, statistical analysis, and business decision-making. Topics covered include:\n\nAnalysis of the allocation of scarce resources and consumer and producer decision-making. Modeling the impact of external shocks on markets and government response to such market changes. Assess how changes in fiscal and government policies may influence the macroeconomic, financial, and business environment. Extract and act upon relevant information from financial and economic news. Make inferences about the population using appropriate sampling methods and statistics. Use predictive modeling and interpret the meaning of the results in a managerial setting...
10. Business English: Finance and Economics
Do you work in finance or interact with finance professionals? Is it necessary to speak, write or understand English in your career? Follow the authentic characters in this course as they work through common business situations in finance and economics. Learn from your successes and failure, and think critically about your own communication options. After taking this course, you will be able to read and create efficient e-mails, reports, and impactful presentations with words and phrases commonly used in finance and economics. Communicate clearly under pressure utilizing recently learned strategies, and obtain immediate feedback about the efficiency of your business communication skills in English from other finance professionals around the world! Gain the English communication skills that you desire and that global managers expect...
11. Doing Economics: Measuring Climate Change
This course will give you practical experience in working with real-world data, with applications to important policy issues in today’s society. Each week, you will learn specific data handling skills in Excel and use these techniques to analyse climate change data, with appropriate readings to provide background information on the data you are working with. You will also learn about the consequences of climate change and how governments can address this issue. After completing this course, you should be able to: • Understand how data can be used to assess the extent of climate change • Produce appropriate bar charts, line charts, and scatterplots to visualise data • Calculate and interpret summary statistics (mean, median, variance, percentile, correlation) • Explain the challenges with designing and implementing policies that address climate change No prior knowledge in economics or statistics is required for this course. No knowledge of Excel is required, except a familiarity with the interface and how to enter and clear data...
12. (Oxford) Diploma: Economic analysis
The course includes a WORKBOOK. A new section has been added about - you! Black Friday Economics looks at the Economics behind Black Friday - but also the Ethics. We look at:1. Black Friday history2. Pricing policy - not just 'sale price; but the strategies within the strategies!3. Black Friday 'traps'4. The psychology behind deals - you are welcome to share your own personal experiences!5. Violence6. Retailers' strategies - is the bottom line simply to gain more revenue?7. Guilt - just one party or several?8. Behavioral Economics8. AlternativesVery current. The course is bolstered with film clips, studies, recent newspaper articles and examples. We also look Cyber Monday. Black Friday is very soon - what you learn here, what you consider - and any discussions you take part in, may just influence your behaviour. What will YOU be doing on Black Friday/Cyber Monday/ Green Monday?The material on this course covers responses to ALL sales - cyber and High Street - and we look at the history, the strategies and the results. Some of this may make uncomfortable viewing - especially if you have queued all night only to find the price reduction was on ONE item only! In terms of ethics, of course we look at the ethics of the marketing but also is the consumer (yes, the one who pushes to the front of the queue, hurdles barriers, fights other consumers to get the 'super sale' TV,) - blameless?...
13. Introduction to Managerial Economics
This is an interesting course for business people especially the retailers who must understand the concept of demand and supply in smooth and successful running of the business. After reading this course, one can get a clear idea about What is Managerial Economics, Principles of Managerial Economics, Classification of Market Structures, Law of Demand, Price Elasticity of Supply & Supply Curve, etc. The introduction part itself clearly explains the importance of demand and supply in a business with the help of a wonderful example. Tables and graphs are used to explain the various concepts of economics clearly. There is one real life example in the course which explains about the law of diminishing marginal utility. It also explains how the marginal utility diminishes with the consumption of each unit. Each and every concept is very well laid and explained in this course and the practice section at the end of the course is very interesting...
14. Behavioral Economics and Neuromarketing
How do people decide what to buy in supermarkets? Why do luxury car brands give TV advertising? How can you get honest information from your users in an online survey? In this course you will learn different theories on how to affect the decision making flows of consumers in the way we want them to decide. You will learn psychological backgrounds of these behaviours and real life examples proving these behavioural rules. You will also learn how to structure your own experiments and run A/B tests to make critical decisions about your products. 900+ 5 star ratings - Bestseller Udemy CourseThis course is created by consultants who implement these techniques in marketing campaigns. What you will get here are proven methods that are used by FTSE 100 companies. Amazing course! short, crisp & highly insightful. Marwah K. This has by far been my favorite marketing course! Great Job! Lindsay H. I'm aware of the influence advertising has on us all therefore, the more I realise this the more I want to know how this is done and why we just, can't help ourselves! Great examples, that give a clear understanding of the practices used to 'nudge' us into our purchasing decisions. Sabrina C. This course is suitable for professionals such as; entrepreneurs, product managers, marketing specialists, campaign managers, pricing experts, service designers and user experience experts or; for anyone who wants to make more logical decisions about their decisions in life. The topics we will cover in this course are;An introduction to consumer behavior and human biasesScent MarketingPower of Sound in Purchase Behaviour Anchoring, Decoy EffectStatus Quo, Goal Gradient EffectHow to name, display and price your productsFraming, Decision point intercepts, Planning FallacyMental Accounting, Sunk Cost Effect, Choice OverloadHow to structure your own experiments and Nudge Samples Psychological Tricks To Make People Like YouThis course will have a big impact in your professional career as well as your personal life...
15. Economics: Mastering Microeconomics 101
This course covers the most important foundation concepts in microeconomics necessary for application in more advanced models. Principles and theories discussed in this course can also be applied in real life decision making. All the important theories, models, graphs and laws are discussed using high-quality sound and animation. No live recordings of lectures or boring screen-shots of textbook pages! Mastering Foundations in Microeconomics is a great resource for exam, lecture or test preparation. Students can go through all the material chapter by chapter, or simply complete selected chapters in which they feel they need additional support. Examples from everyday life are provided at the end of each chapter as well as multiple choice quizzes to further enhance each student's learning experience, regardless of capability...
16. (Oxford) Diploma: Economic principles
Includes a NEW section on India and football! Five reasons to TAKE THIS COURSE right now: You cannot lose - 30 day refund if you really really don't like the course BUT if you DO like it: a. updated lecturesb. case studies based on very very current news itemsc. detailed responses to messagesd. I constantly attempt to have a 'class atmosphere' e. g. throwing questions open to alle. regular Announcements that are not disguised sales ploysf. regular FREE access to numerous other courses offered by meI am a lecturer/teacher in Economics by trade i. e. I teach full-time for a living. I have been Principal, Director of Studies and Head of Economics. (Oxford, UK) I have lectured in University, adult evening classes and also run over 50 seminars in the UKI am/have been an Examiner for FIVE different examination boardsI have 100+ books on Amazon - many of them about business/economicsThe success of my students has been featured on the BBC, Daily Telegraph, The Times and I have been featured on TV in 2 countries. MOTIVATIONI make courses on Udemy primarily because I enjoy the process of causing learning. Many of my courses are to improve lives. One of the Economics courses is to raise money for charity. (100% of revenue goes to the charity) Fundamentally this course is about helping you. About this courseThis is an economics course about the economic impact of the 2018 World Cup. (Macro economics and micro economics) By basing the course around the World Cup we make the subject , relevant, approachable and Economics actually becomes easy! We look at the impact of the World Cup on various countries but also consider the economic theory behind this impact. Macro economics concepts include: The multiplierInflationEconomic growth UnemploymentInternational tradeAggregate demandInjections/leakagesGovernment economic policyBalance of paymentsEconomies: RussiaFranceUKUSACroatiaWe also apply game theory to penalty shoot-outs. (Football) The course starts off with the 2014 World Cup but quickly moves on to the impact of hosting the football tournament, of qualifying (or not) and actually winning he final. We also consider controversies and Pussy Riot! Although the course is looking at the World Cup, make no mistake, this is all economics, economics, economics! July 2019: Workbook added on Economics and declutteringChaptersChapter 1: The economics of declutteringChapter 2: Decluttering the companyChapter 3: How to declutter like an EconomistChapter 4: Buy lessChapter 5: The economics of tidying upChapter 6: Declutter your businessChapter 7: Mistakes people make when declutteringChapter 8: The Kondo Effect: the economy-changing magic of tidying upTopics: DeclutteringSunk costsCosts of clutter5S lean manufacturingLean managementDeclutter your mail inboxDeclutter your home officeWasting time and opportunitiesThinking like an economistA rich life with less stuffMinimalismHow much is enoughThe art of letting goRecyclingStatus quo biasDiminishing returnsDecluttering mistakesMarie KondoMinimalismConsumerismMinimalism and economics: the endowment effectAugust 2021New section on India and football...
17. Profit Analysis using Economic Value Added
In this 1-hour long project-based course, you will learn how to calculate the Weighted Average Cost of Capital, calculate capital invested, finance charge, and NOPAT, and use financial statements to calculate Economic Value Added. Economic Value Added is one of the most critical metrics in financial modeling and analysis and is used to measure the profitability of the projects and management performance. Note: This course works best for learners who are based in the North America region. We're currently working on providing the same experience in other regions. It is recommended to take the Introduction to Valuation with WACC and Analyzing Company's Performance using Ratios projects first...
18. Introduction to Business Analytics and Information Economics
This specialization targets learners who seek to understand the opportunities that data and analytics present for their organization and those interested in the value of and implications for data as an asset to their organization. Individuals who manage data and make decisions about how data can be leveraged in their organization will find this specialization of particular value.\n\nBusinesses run on data, and data offers little value without analytics. The ability to process data to make predictions about the behavior of individuals or markets, to diagnose systems or situations, or to prescribe actions for people or processes drives business today. Increasingly many businesses are striving to become “data-driven”, proactively relying more on cold hard information and sophisticated algorithms than upon the gut instinct or slow reactions of humans.\n\nIn this information age, the value of data as a business asset is essential. Organizations must creatively consider and implement new ways to generate economic benefits from the wide array of information assets available. Unfortunately, information frequently is under-appreciated and underutilized. Besides, accounting practices fail to recognize the financial value of information, and traditional asset management practices fail to recognize information as an asset to be managed with earnest discipline. This has led to a business culture of complacence, and the inability for organizations to leverage available information assets...
19. Social and Economic Networks: Models and Analysis
Learn how to model social and economic networks and their impact on human behavior. How do networks form, why do they exhibit certain patterns, and how does their structure impact diffusion, learning, and other behaviors? We will bring together models and techniques from economics, sociology, math, physics, statistics and computer science to answer these questions. The course begins with some empirical background on social and economic networks, and an overview of concepts used to describe and measure networks. Next, we will cover a set of models of how networks form, including random network models as well as strategic formation models, and some hybrids. We will then discuss a series of models of how networks impact behavior, including contagion, diffusion, learning, and peer influences. You can find a more detailed syllabus here: http://web.stanford.edu/~jacksonm/Networks-Online-Syllabus.pdf You can find a short introductory videao here: http://web.stanford.edu/~jacksonm/Intro_Networks.mp4...
20. The Art and Science of Economic Policy
Economic policy affects every citizen. And economic policymaking is best done as a collaborative process with a wide range of stakeholders. This course brings an understanding of the relevance and impacts of economic policymaking in everyday life, and the ways for citizens to be involved in shaping economic policy, in an accessible and interesting manner. Taught by Dr. Vijay Kelkar and Dr. Ajay Shah, along with Aromar Revi, Director, IIHS, the course synthesises more than one hundred years of their combined experience as professional economists and public intellectuals. This course can be covered across 5 weeks with 3-5 hours of learning per week. To get the best out of the course, learners are encouraged to view all the video lectures and conversations, go through other learning material, work on all the assignments and assessments, and participate in discussions in a constructive and respectful manner. By the end of this course, you will be able to: ~ Identify the role of the government in defining and implementing policy ~ Recognise the various objective aspects of policymaking, and appreciate the various softer / people aspects involved ~ Analyse the steps involved in the process of policymaking, and discuss various nuances and challenges in defining and implementing it Each citizen plays an important role in shaping our Republic. This course enables citizens, public servants and learners to understand the implications of various aspects of governing a Republic. If you are a student of economics, public policy, law, political science, and/or management, this course will explain the process of economic policy-making and inform you about the complex systems involved in its creation and implementation. If you are a public servant in Indian Civil Services involved in public finance and economics, this course will help you gain deeper insights into topics and practices surrounding the design of economic public policy. UPSC aspirants will likewise benefit from the insights and by participating in the discussions the course offers. Employees and leaders in the private sector who will benefit from having a more nuanced understanding of economic policy and development will also find this course very educational and informative. We look forward to having you on the course!...