Understanding Economics

Partner: Udemy
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Description: In this course you will learn about the various economic systems, apart from Capitalism, including primitive economies, Socialism and Communism. Primitive economies generally operated on a barter system, where goods and services were exchanged for other goods and services of equivalent value. Communism, boiled down to it’s most basic aspect, is a system where economic decisions are made by the government. Socialism is a system where most of the economy operates as a free market, but some areas are government controlled. The characteristics, similarities and differences of these systems will be explored and discussed. You will also learn the principles of Capitalism, its origins and nature. Capitalism is the economic system whereby economic conditions are determined by forces of supply and demand on the free market.
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Price: 29.99
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Source: Impact
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