Economics for Everyone: clear basics and real-world paradoxes

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A compact course presents economics as a discipline with clear concepts and notable paradoxes. Suitable for a broad audience without prior training.
Economics for Everyone: foundations, models and practical insights
Platform:
PROMETHEUS
Partner courses:
Language of course:
Ukrainian
Difficulty:
Initial
Format of the event:
Video lectures
Certificate:
Yes
Price
Free
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Course overview

Description generated based on course syllabus and open data.

“Economics for Everyone” explains how markets, the state and households interact, why indicators move, and how to read data without assumptions.

Who benefits from Economics for Everyone and who might not

Best suited if you seek economic basics

  • Students and school learners needing a baseline understanding of economic science.
  • Entrepreneurs and managers for a structured view of indicators, taxes and inflation.
  • Civil servants and analysts for correct interpretation of macro metrics and budget choices.
  • General audience wishing to grasp how economics shapes daily decisions.

Might not fit

  • Those expecting formal proofs with advanced mathematics.
  • Those seeking narrow financial toolkits instead of a broad foundations overview.

Problem → outcome orientation in Economics for Everyone

  • Fragmented knowledge of GDP and inflation → coherent picture of indicators and limits.
  • Confusion about roles of state and market → understanding sector interactions and policy effects.
  • Belief in a single “right” model → overview of alternative approaches and their trade-offs.
  • Difficulty reading economic news → basic skills to interpret data without sensationalism.

Comparison with alternatives: where Economics for Everyone helps

  • Academic textbooks: deep but hard for beginners; here it is concise and structured with minimal jargon.
  • Business-only courses: profit-focused; here the scope spans macro and micro for any audience.
  • News and blogs: quick but fragmentary; here concepts and indicators are systematized.
  • Unguided self-study: flexible but uneven; here topics follow a logical sequence.

Outcomes from engaging with Economics for Everyone

  • Core ideas: markets, incentives, scarcity, opportunity cost.
  • Indicators: GDP, inflation, unemployment, balance of payments — what they show and omit.
  • Money and banks: deposits and credit, the role of interest rates and risk.
  • State and budget: taxation, spending, debt, and effects on cycles.
  • Exchange rates and prices: drivers and implications of movements.
  • Models and values: how institutions and rules shape dynamics.
  • The future economy: technology, skills and shifting work structures.

Course Description

This course will open the economy anew. You will find economics as an interesting, ambiguous and sometimes paradoxical science. Everyone needs this knowledge: from officials to entrepreneurs, from schoolchildren to pensioners! Join in!

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