Beginner
Economics Foundations
Scarcity, trade and prices — the ideas everything else rests on.
3 lessons · English + हिंदी · 32m
Start where economics actually starts: people have unlimited wants and limited means, and every choice costs something else. This course covers scarcity and opportunity cost, why specialisation and trade make both sides better off, and how supply and demand settle on a price.
What you will be able to do
- Explain scarcity and opportunity cost in everyday decisions
- Say why two parties can both gain from trade
- Read a supply and demand diagram and predict how a price moves
Curriculum
Module 1 · First principles
01What economics is actually aboutPreview12m02Specialisation and trade9m03Supply and demand10mInstructor Demo Instructor