(Oxford) Master Diploma : Economics (Includes Macro/Micro) from Udemy

What is the best way to learn Economics when studying on Udemy?

Through a combination of videos, discussions, and other interactive elements is often considered the best way to learn online. This multifaceted approach leverages the strengths of different formats to enhance engagement and understanding. On this course there are:

Hundreds and hundreds of lectures; These lectures are regularly updated; Regular Educational Announcements ; Manuals Scores of Case Studies; Quizzes; Multiple-choice lectures; A considerable amount of research homework set and an encouragement to share and discuss in the Q/A

It is this last category - the Q/A - that is so important .

Whatever courses in any subject you are on elsewhere, go look at the Q/A. How active is it?

Here there are 8,000+ posts. Students interact, share ideas, suggestions, discussions and approach a variety of exercises, case studies, manuals and discussion questions.

They learn by DOING.

They learn by researching and monitoring.

They learn even more by SHARING

And even more when their answers are challenged or further analysis is required.

All of this takes time: your time and the Instructor's.

So if you enrol: prepare to work and you will learn and learn and learn.

Now to the actual content.

Update: Late November 2024

There is now a booklet in the very first lecture called 'Economics - just beginning'. The file is called NEWECONS.This is a collection of case Studies and news articles (links are given) that are very very current. These come with questions so however experienced you are, here are some questions to make you think - and to post in the Q/A. In this way you are easing into the course.

Update: November 2024

Now including a brand new collection of Case Studies that examine the economic policies of President Trump following his election on November 6th 2024. These look in particular at:

Tariffs : China’s growth : World Economy : Tax cuts : Exporters : Impact on seniors : Exchange rate

June 2024 : 70 new lectures

March 2024: 100+ new lectures

March 2024 : impact of war on economies

March 2024 : Influence of China

March 2024 : the Budget (UK March 2024)

March 2024 : Individual countries added including India, Eire and Canada

November 2023: Brand new series of lectures at the beginning that set the tone for the whole course.

Back to the Q/A.

Recent discussions have been about:

Islam and Economics; Marginal Utility; Elasticity; Trumponomics; Bidenomics and the American economy ; South Africa and Economics; 2024 budget and budgets in general ; Climate Change and economics...and economies

8000 posts means students are

Course One - Business Economics English

This is a seven day Business Economics English course for those students whose first language is not nEnglish. If you are fluent in English then skip this course.

Course Two - Egg Timer Economics

‘Egg timer economics’ is a series of very short lectures that illustrate key areas of the advanced Economics course. (Each lecture is about 3.5 minutes, hence the title 'Egg-timer Economics. ) The course introduces key areas of micro and macroeconomics in a very straightforward way. There are also two sections on current affairs to encourage those attending the course to use news items to learn about Economics.

Each lecture (except Current Affairs) is accompanied by data response questions and a quiz.

Course Three - Corbynomics

Corbynomics.

Jeremy Corbyn leads the Labour Party in the UK. 'Corbynomics' has certainly captured the attention of the young.

BUT what IS 'Corbynomics'?

This part examines the Labour Party's Economic policies

Course Four- Revision Lectures

Revision.

There are three elements to this course:

· current news items

· rapid fire questions about the economics in the news

· revision lectures

Course Five - World Economics

We look at individual economies of the world - starting with the UK

Course Six

Back to basics but also a giant leap forward - go and look.

Course Seven

The economic legacy of the UK Prime Minister who has just resigned (May 2019)

The European Elections

Course Eight

The UK has a new Prime Minister. He has made a series of pledges about the economy.

These are analysed.

Courses Nine and Ten

A Before..and After course which measures your progress.

Course Eleven

The Economic impact of COVID-19 (and a workbook)

Course Twelve

The Economy of the USA

Current as at April 2020 we look at the USA and COVID…and the impact. But we also look at whether Americans are happy with their economy.

Course Thirteen

The Nigerian Economy

We consider the macro areas of the Nigerian Economy

Course Fourteen

April Fools economics

Created specifically for April 1st we look at Economic hoaxes.

What terminology would you expect the audience to use to find your course?

The terminology is common business language – as found in newspapers. Therefore terms such as ‘fiscal policy’ and ‘monetary policy’ are used. Students are encouraged to use the Q/A option to raise points and questions. These questions will very quickly be responded to. Remember too that there is an ‘Economics English’ course included.

What kind of materials are included?

600+ short lectures and some documents that a) test whether the student had understood/remembered the key elements of the lecture and b) questions encouraging to do their own research. In that way the course continues beyond the video.

How long will the course take to complete?

Assuming the student has 2 hours a day , the course could easily be covered in ten weeks. However, one of the purposes of the course is to enthuse the student and the questions asked may encourage the student to spend hours reading newspaper articles. There are also 24 workbooks that, if filled in, will easily take another 120 hours. (This is a very intensive course. )

How is the course structured?

The emphasis is on establishing the basics. Thus right from the beginning lectures students are asked to do two things:

a. read and prepare and then discuss articles in newspapers (I go through them as well)

b. familiarise themselves with the Udemy platform

The next stage is Economic indicators. Students are urged to collect data (definitions have been exoplained) as of course 'economics' is going on all around us all the time.

Then comes vocabulary.

This establishes a foundation.

Then comes core macroeconomics, case studies, countries, Covid and impact and, well, a lot, lot more.

Please watch the Previews.

Why take this course?

So many reasons.

1. To quickly gain an understanding of microeconomics and macroeconomics

2. To be able to assess and evaluate America's economic policies

3. To be able to assess and evaluate the UK's 'alternative' economic policies

4. In the final extended section you can thoroughly test yourself and really see if you understand the economics behind current articles. These lectures are boosted by repeats of earlier lectures.

What's inside

Learning objectives

This is the only udemy course to offer the oxford diploma for economics
Global economics - but explained in a way relevant to all
Davos and globalisation
Focusing on individual countries (eg. usa, uk, norway, saudi arabia, bulgaria, india, italy, south africa)
Analysis of global topics including climate change, peak oil theory, economic growth, economics of veganism
25 workbooks including covid-19 impact: learn through discussion also the indian economy
Analysis of pro-brexit economic arguments
Workbooks/lectures on: usa, india, uk, australia
The economic legacy of theresa may (uk prime minister)
The eu elections
Economics and decluttering

The usa economy as at april 2023
A seven day course in business economics english
Climate change and economics
Understand the basics of micro and macro economics
Trump circa 2024
Textbooks are included!
2024 march budget
Includes a 12 week course in case studies
Includes 'thinking like an economist'
Show more
Show less

This is the only udemy course to offer the oxford diploma for economics
Global economics - but explained in a way relevant to all
Davos and globalisation
Focusing on individual countries (eg. usa, uk, norway, saudi arabia, bulgaria, india, italy, south africa)
Analysis of global topics including climate change, peak oil theory, economic growth, economics of veganism
25 workbooks including covid-19 impact: learn through discussion also the indian economy
Analysis of pro-brexit economic arguments
Workbooks/lectures on: usa, india, uk, australia
The economic legacy of theresa may (uk prime minister)
The eu elections
Economics and decluttering
The usa economy as at april 2023
A seven day course in business economics english
Climate change and economics
Understand the basics of micro and macro economics
Trump circa 2024
Textbooks are included!
2024 march budget
Includes a 12 week course in case studies
Includes 'thinking like an economist'
Show more
Show less

Syllabus

20 second introduction

20 seconds

Language - and Promises

Language

Traffic lights

Read about what's good

what should give you pause

and possible dealbreakers

Includes case studies and news articles with questions to encourage critical thinking and engagement with current economic events

Features an active Q&A section with thousands of posts, fostering a collaborative learning environment through discussions and shared research

Covers a wide range of global economic topics, including climate change, Brexit, and the economic policies of various countries

Includes an 'Economics English' course for students whose first language is not English, which helps to make the material more accessible

Features lectures and materials updated to include economic impacts of recent events, such as the war in Ukraine and the 2024 UK budget

Includes content related to 'Trumponomics' and 'Bidenomics', which may be useful for learners interested in contemporary economic policy

Reviews summary

In-depth, current global economics

According to learners, this course offers a very comprehensive and in-depth exploration of both micro and macroeconomics, with a strong and highly praised focus on current global events and country-specific analysis. Students appreciate the constant updates, which keep the material relevant. The instructor is notably active and helpful in the Q&A section, providing valuable support and discussion opportunities. While the course structure includes many short lectures ('Egg-timer Economics'), reviewers generally find the content valuable, supported by useful case studies and workbooks that encourage practical application and further research. Some note that the sheer volume and required self-study make it intensive.

Mix of short lectures and deeper dives.

"The 'Egg-timer' lectures are great for quick overviews, but sometimes leave you wanting more depth immediately."

"I found the structure with lots of short videos easy to consume."

"It covers a lot of ground through its varied sections, including case studies and revision."

"The different 'courses' within the master diploma package cater to different learning needs."

Assignments encourage research and application.

"The workbooks are challenging and require real effort but are incredibly rewarding."

"Doing the research homework pushed me to apply what I learned in a practical way."

"The case studies are well-chosen and help solidify understanding."

"Learning by doing through the assignments is a key strength of this course."

Covers a wide range of micro/macro topics.

"Provides a very comprehensive overview of both micro and macroeconomics."

"The sheer volume of topics covered, from global issues to specific country economies, is impressive."

"I feel like I got a really broad understanding of economics from this course."

"It delves into many different areas, offering a rich learning experience."

Highly engaged and helpful Q&A support.

"The instructor is incredibly active in the Q&A and provides detailed, helpful answers quickly."

"Their willingness to discuss points and offer further analysis in the Q&A section is outstanding."

"I got prompt and insightful responses to all my questions..."

"The Q&A interaction significantly enhanced my learning experience."

Strong emphasis on recent economic events.

"The course is constantly updated with current events, making it very relevant."

"I especially liked how the course tied economic theory into recent news headlines."

"Learning about the economic impact of Trump's policies and other current issues was incredibly valuable."

"The sections on specific countries and recent global developments are a major strength."

Activities

Be better prepared before your course. Deepen your understanding during and after it. Supplement your coursework and achieve mastery of the topics covered in (Oxford) Master Diploma : Economics (Includes Macro/Micro) with these activities:

Review Basic Economic Principles

Show steps

Reinforce your understanding of fundamental economic concepts before diving into advanced topics.

Browse courses on Supply and Demand

Show steps

Review introductory economics textbooks or online resources.
Complete practice quizzes on basic economic principles.
Summarize key concepts in your own words.

Read 'Naked Economics: Undressing the Dismal Science'

Show steps

Gain a solid understanding of economic principles through an engaging and accessible book.

View Naked Economics: Undressing the Dismal Science on Amazon

Show steps

Read the book, taking notes on key concepts and examples.
Reflect on how the concepts relate to current events.
Discuss the book with peers or in online forums.

Analyze a Country's Economic Performance

Show steps

Apply economic principles to analyze the economic performance of a specific country.

Show steps

Choose a country to analyze.
Gather data on key economic indicators (GDP, inflation, unemployment, etc.).
Analyze the data and identify trends and patterns.
Write a report summarizing your findings and conclusions.

Four other activities

Expand to see all activities and additional details

Show all seven activities

Create a Presentation on a Current Economic Issue

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Deepen your understanding of a current economic issue by creating a presentation.

Show steps

Choose a current economic issue (e.g., inflation, trade wars, climate change).
Research the issue and gather relevant data and information.
Create a presentation outlining the issue, its causes, and potential solutions.
Present your findings to peers or in an online forum.

Read 'Basic Economics' by Thomas Sowell

Show steps

Enhance your understanding of economic principles with a comprehensive and accessible book.

View Basic Economics on Amazon

Show steps

Read the book, taking notes on key concepts and examples.
Reflect on how the concepts relate to current events.
Discuss the book with peers or in online forums.

Develop an Economic Model

Show steps

Solidify your understanding of economic relationships by developing a simple economic model.

Show steps

Choose an economic phenomenon to model (e.g., supply and demand, economic growth).
Identify the key variables and relationships involved.
Develop a mathematical or computational model to represent these relationships.
Test your model with real-world data and analyze the results.

Tutor Other Students in Economics

Show steps

Reinforce your understanding of economics by tutoring other students.

Show steps

Offer tutoring services to other students in the course.
Prepare for tutoring sessions by reviewing course materials.
Explain economic concepts in a clear and concise manner.
Answer questions and provide feedback to students.

Career center

Learners who complete (Oxford) Master Diploma : Economics (Includes Macro/Micro) will develop knowledge and skills that may be useful to these careers:

Economist

Economists study the production and distribution of resources, goods, and services by collecting and analyzing data, researching trends, and evaluating economic issues. This often requires an advanced degree. This course helps build a foundation in macro and microeconomics, which is applicable to work as an economist. The course's focus on global economics and specific countries, like the USA and UK, may help develop the ability to analyze various economic systems. The Q/A helps encourage the necessary discussion and debate one might experience in a job as an economist.

See salaries and explore the career path for Economist

Economic Consultant

An economic consultant advises businesses and governments on economic issues. This often involves analyzing data, developing forecasts, and recommending policies to improve economic outcomes. This course helps build a foundation in macro and microeconomics, which is essential for understanding economic principles. The course's focus on case studies and current events, such as the economic policies of President Trump, Brexit, and the impact of COVID-19, provides practical experience in applying economic theory to real-world situations. The Q/A section helps foster the ability to challenge and analyze policies, and is thus useful for an economic consultant.

See salaries and explore the career path for Economic Consultant

Budget Analyst

A budget analyst develops and manages budgets for organizations, ensuring financial resources are allocated effectively. Budget analysts prepare budget reports, monitor spending, and analyze budget proposals. This course helps build a foundation in economics, particularly macroeconomics, which is useful for understanding fiscal policy and budget principles. The course's coverage of budget analysis, including the UK's 2024 budget, makes it particularly relevant. Further, the Q/A helps develop analytical and decision-making skills pertaining to budget.

See salaries and explore the career path for Budget Analyst

Financial Analyst

A financial analyst evaluates investment opportunities, manages financial risk, and provides financial advice to individuals or organizations. They analyze financial data, prepare reports, and make recommendations on investments. This course helps build a foundation in economic principles, especially macroeconomics, which is useful for understanding market trends and making investment decisions. The course’s coverage of global economics, including the analysis of individual countries like the USA and UK, helps develop the ability to assess international investment opportunities. The Q/A helps foster the ability to think analytically about markets, and is thus useful for a financial analyst.

See salaries and explore the career path for Financial Analyst

Economic Reporter

An economic reporter researches and reports on economic news and trends for newspapers, magazines, television, or online media. This course helps build a foundation in micro and macroeconomics. The course's focus on current events, such as the economic policies of President Trump, Brexit, and the impact of COVID-19, provides practical experience in analyzing economic issues. The Q/A helps in discussing and coming to conclusions about important economic situations.

See salaries and explore the career path for Economic Reporter

Investment Banker

An investment banker helps companies raise capital by underwriting and selling securities, providing advice on mergers and acquisitions, and managing financial transactions. This course helps introduce key economic concepts, especially macroeconomics, which is useful for understanding market trends and making investment recommendations. The course's coverage of global economics, including the analysis of individual countries and events like Brexit and Trump's policies, may greatly improve the ability to assess complex financial situations. The Q/A furthers analytical and decision-making skills.

See salaries and explore the career path for Investment Banker

Business Analyst

A business analyst identifies business needs, analyzes data, and recommends solutions to improve organizational efficiency and effectiveness. They serve as a liaison between business stakeholders and IT teams. This course helps build a foundation in economics, especially business economics, which is useful for understanding market dynamics and making informed business decisions. The course's coverage of global economics may develop the ability to assess international market opportunities. The Q/A helps in discussing and coming to conclusions about appropriate business decisions.

See salaries and explore the career path for Business Analyst

Economic Forecaster

An economic forecaster analyzes economic data and trends to predict future economic conditions. This course may be useful with its treatment of micro and macroeconomics, which is essential for analyzing economic trends. The course's focus on global economics and individual countries, like the USA and UK, helps develop the ability to make forecasts for various economic systems. The Q/A can help refine one's ability to make predictions about policy.

See salaries and explore the career path for Economic Forecaster

Policy Analyst

A policy analyst researches and analyzes policies and their effects on society and the economy. Analyzing economic policies is a key component of this role. This course may be useful with its case studies and news articles that examine current economic policies. In particular, its treatment of 'Trumponomics' and 'Bidenomics' help introduce different schools of thought. Further, the Q/A aspect of the course may simulate a valuable dialogue about policy, leading to more informed decisions.

See salaries and explore the career path for Policy Analyst

Management Consultant

A management consultant advises organizations on how to improve their performance and efficiency. This involves analyzing business problems, developing recommendations, and implementing solutions. This course may be useful with its focus on business economics and global trends. The course's emphasis on case studies and current events may help develop the ability to analyze complex business situations. The Q/A aspect furthers the skills required to discuss and persuade others toward effective results.

See salaries and explore the career path for Management Consultant

Market Research Analyst

A market research analyst studies market conditions to examine potential sales of a product or service. They help companies understand what products people want, who will buy them, and at what price. This course may be useful with its focus on global economics, and its coverage of individual countries. The course's constant updating ensures that learners keep up with current events, which is useful for understanding consumer trends. The Q/A aspect also simulates a valuable dialogue about markets.

See salaries and explore the career path for Market Research Analyst

Actuary

An actuary assesses and manages financial risks, often for insurance companies and pension funds. This involves analyzing statistical data, estimating probabilities, and developing strategies to minimize risk. This course may be useful with its coverage of economics and statistics. The incorporation of case studies and current events may help improve the ability to assess real-world scenarios. The Q/A may further encourage the kind of analysis required to be an actuary.

See salaries and explore the career path for Actuary

Quantitative Analyst

A quantitative analyst, often called a quant, uses mathematical and statistical methods to analyze financial markets and develop trading strategies. While this job typically requires an advanced degree in a quantitative field, this course may be useful with grounding the learner in global economics. The course's coverage of economic indicators may help develop models for market analysis. The Q/A aspect also helps simulate valuable discussions about analytical techniques.

See salaries and explore the career path for Quantitative Analyst

Real Estate Analyst

A real estate analyst evaluates real estate markets, analyzes property values, and provides investment recommendations. This involves researching market trends, assessing property values, and preparing financial models. This course may be useful with the knowledge it provides of economics, relevant to analyzing real estate markets. The inclusion of up-to-date case studies may improve the ability to assess current market conditions. The Q/A furthers the ability to make informed decisions.

See salaries and explore the career path for Real Estate Analyst

Data Scientist

A data scientist analyzes large datasets to extract insights and develop predictive models. While this course does not focus explicitly on data science, the course helps build a foundation in economics, which is useful for understanding economic data and developing relevant models. The course's coverage of global economics and specific countries may help in developing models for international markets. The Q/A furthers the ability to consider new perspectives.

See salaries and explore the career path for Data Scientist

(Oxford) Master Diploma

Economics (Includes Macro/Micro)

What's inside

Learning objectives

Syllabus

Traffic lights

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Reviews summary

In-depth, current global economics

Activities

Career center

Reading list

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