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All of these things require the use of money in some way. Money is a resource that impacts you, no matter what you choose to do in life. Learning to use it wisely will help you with many decisions that you will have to make, both now and in your future.
In this online course, you will gain an understanding of economics and its impact on today’s world through research, collaborative discussions, hands-on applications, and real-world projects. You will begin by exploring the foundation of economics and then transition into learning specific economic principles. You will discover the personal finance concepts that will help you become financially fit and successful throughout the different stages of your life.
Along the way, you are going to learn some terminology and concepts that are specific to economics. Don't worry, you already understand a lot of these concepts, you just haven't learned the technical terms for them. These concepts form the basis of much of the logic for the topics in this course, and how the economy works.
Goals
Upon completion of this course, you will be able to:
• evaluate the impact of fundamental economic principles on personal finances
• analyze how career choices, education, and skills affect income and goals
• develop a budget for personal money management
• compare the services of financial institutions
• explain factors and choices that affect the global economy
• decide how individual decisions affect income and career choices
• examine components of taxes, including payroll and individuals taxes
• evaluate banking services and procedures
• demonstrate how to open and manage financial accounts
• identify and evaluate savings and investment options
• assess insurance needs and options
• describe consumer rights and responsibilities
• evaluate credit card options
• examine the implications of simple contracts
• analyze and implement strategies for debt management.