Elasticity is the concept where economics meet with business strategy in terms of pricing. How do companies decide about which price point to implement? How do policy makers decide how much tax they should put on a product or service? or even whether to implement any interdiction or not? Elasticity is the key concept of economics whether it is for a micro setting or a macro setting as well as the pricing, one of the most important business decisions. WHAT YOU'LL LEARN This is the complete online course on elasticity which is one of the key metrics of pricing as well as economics.  You'll be learning Elasticity from the beginning to the end, from the economics perspective to the business aspect. In this course we break down elasticity into 3 chapters: "Price Elasticity of Demand", "Price Elasticity of Supply" and "the business aspect of Price Elasticity" in terms the relationship of elasticity with sales forecasting, pricing and non-pricing decisions, total reveue, cost and tax incidence. 1. Price Elasticity of Demand: You will learn what Price Elasticity of Demand (PED) is, how to calculate PED with two formulas, the factors affecting PED and other demand elasticities. 2. Price Elasticity of Supply: You will learn what Price Elasticity of Supply (PES) is, how to calculate PES with two formulas, the factors affecting PES.. 3. The business aspect of Price Elasticity: You'll learn the reasons why business need to know their products' or services' elasticity, how they use Price Elasticity in sales forecasting and pricing and non-pricing strategies as well as  the relationship between elasticity, total reveue, cost and tax incidence, the  business aspect of other price elasticities and the common mistakes that managers make with price elasticity. 4. Case studies: You'll have articles and short case analysis on elasticity of different products and services. As a bonus, I also include a full PDF notes document that summarizes all the major points we go over in the course as well as articles. REMINDER This is not a complete pricing course, this course is related with one of the metrics and most mistaken concepts of pricing decisions which is elasticity. Why Learn From Me? I have 15 years of experience in business world including managerial positions in the multinational companies as well as being a business owner,  lecturer and consultant. I have first hand experience in pricing decisions and ecnomic anlaysis of price elasticity in tech related industries. My students on a constant basis evaluate my courses highly and comment on the passion I have, how engaging my courses are and also how simple I make things for them . I hope you can join this group of satisfied students and learn one of the basic metrics for pricing. So take this course now and understand elasticity and its importance in business decisions  what it can do for your business and marketing efforts! Who is the target audience of this course? If you're selling anything, you need to know the impact of elasticity on your pricing, total revenue and even on your cost structure.  This applies to people selling both online and offline, and it applies both for products and services. If you want to understand the quantitative as well as qualitative factors of your product's or service's elasticity and how to maximize your total revenue with the most important metric, this course is vital.

TWENTY LECTURES ADDED ON 14TH MARCH 2021 ON MICROECONOMICS BUSINESS BEFORE YOU ENROL: 1. Watch the Preview video 2. Watch the sample lectures 3. Thoroughly read this course description 4. Be fully aware that participation is encouraged - that means there are manuals (several) numerous discussions (Q/A sections) and regular Education Announcements 5. To achieve the Oxford Diploma requires quite a lot of work. To acquire the Completion Certificate you can just...watch. You can choose to do either, neither or...both. Questions are responded to quickly. 6. Remember too that this course includes an OPTIONAL course in Business Economics English. Five reasons to TAKE THIS COURSE right now: You cannot lose - 30 day refund if you really really don't like the course BUT if you DO like it: a. updated lectures b. case studies based on very very current news items c. detailed responses to messages d. I constantly attempt to have a 'class atmosphere' e.g. throwing questions open to all e. regular Announcements that are not disguised sales ploys f. regular FREE access to numerous other courses offered by me I am a lecturer/teacher in Economics by trade i.e. I teach full-time for a living. I have been Principal, Director of Studies and Head of Economics. (Oxford, UK)  I have lectured in University, adult evening classes and also run over 50 seminars in the UK I am/have been an Examiner for FIVE different examination boards I have 100+ books on Amazon - many of them about Business/Economics The success of my students has been featured on the BBC, Daily Telegraph, The Times and I have been featured on TV in 2 countries. MOTIVATION I make courses on Udemy primarily because I enjoy the process of causing learning. Many of my courses are to improve lives. One of the Economics courses is to raise money for charity. ( 100% of revenue goes to the charity ) Fundamentally this course is about helping you. About the course This is a course covering the key areas in micro economics at a beginners/intermediate level. It is the principles of economics that are emphasised, repeated and supported with notes. Very clearly explained and reinforced with notes and revision lectures. This course is IDEAL for the beginner who wants to advance quickly. Topics covered: Market failure Taxation Subsidies Demand Supply Price elasticity of demand Price elasticity of supply Elasticity and how to interpret it Elasticity - calculations Elasticity - shape of curves Elasticity - tax/subsidy incidence Ceteris paribus Consumer surplus Producer surplus Microeconomics of football This course is ideal for the BEGINNER who wishes to progress as well as someone with experience in studying Economics as the topics are pitched at several levels. Why learn from me? 5 years experience as a Buyer for a multinational car company Owner of two companies in the Education sector Trainer of Economics and Business teachers 30 years experience in teaching/lecturing Economics in Oxford (UK) and worldwide Highly responsive to questions asked relating to lectures Constantly improving and developing courses at Udemy REMEMBER ALSO THE NUMEROUS REVISION LECTURES! At the end of the course are some case studies based on articles in August 2019. This is to give you the opportunity to check what you know - and then (if you wish) send answers in! ( They are on the micro topics above such as taxes, elasticity, demand, supply etc) REGULAR ANNOUNCEMENTS MAKE SURE THIS COURSE IS ALWAYS UP TO DATE. December 2019 Two new workbooks added: Christmas economics New Year Economics 2020 June 2020 - new course on the Microeconomics of football

This course focuses on how analysts can measure and describe the confidence they have in their findings. The course begins with an overview of the key probability rules and concepts that govern the calculation of uncertainty measures. We’ll then apply these ideas to variables (which are the building blocks of statistics) and their associated probability distributions. The second half of the course will delve into the computation and interpretation of uncertainty. We’ll discuss how to conduct a hypothesis test using both test statistics and confidence intervals. Finally, we’ll consider the role of hypothesis testing in a regression context, including what we can and cannot learn from the statistical significance of a coefficient. By the end of the course, you should be able to discuss statistical findings in probabilistic terms and interpret the uncertainty of a particular estimate.

Notice: Please do NOT enrol on this course on impulse, thinking you might watch it later. Maybe show an interest on impulse, yes, but before you enrol, watch the Preview videos, read the Course Description and then make a decision. If you then enrol then please start the course as soon as possible. Watch the lectures, look at the workbooks and join in the discussions. Joining my courses is a serious business and I want you to get the most out of your study – but I also want you to enjoy the course. That is why I am asking that you only enrol because you really want to and that you start the course intending to make full use of all the resources. You will be very welcome. Just to answer your immediate question....YES! ALL the fees due to me go to CHARITY! Five reasons to TAKE THIS COURSE right now: You cannot lose - 30 day refund if you really really don't like the course BUT if you DO like it: a. updated lectures b. case studies based on very very current news items c. detailed responses to messages d. I constantly attempt to have a 'class atmosphere' e.g. throwing questions open to all e. regular Announcements that are not disguised sales ploys f. regular FREE access to numerous other courses offered by me I am a lecturer/teacher in Economics by trade i.e. I teach full-time for a living. I have been Principal, Director of Studies and Head of Economics. (Oxford, UK)  I have lectured in University, adult evening classes and also run over 50 seminars in the UK I am/have been an Examiner for FIVE different examination boards I have 100+ books on Amazon - many of them about business/economics The success of my students has been featured on the BBC, Daily Telegraph, The Times and I have been featured on TV in 2 countries. MOTIVATION I make courses on Udemy primarily because I enjoy the process of causing learning. Many of my courses are to improve lives. One of the Economics courses is to raise money for charity. (100% of revenue goes to the charity) IT'S THIS ONE! Fundamentally this course is about helping you. About this course - it's about DOGonomics.... Dogonomics! What??? Dogonomics is the use of the economy for the betterment of dogs. Just by enrolling on this course you will be helping dogs as ALL FEES  from the Instructor and Videographer are waived and given to Dogs4Rescue, a UK charity for dogs. Just by looking at the PREVIEW helps raise awareness! So, unique among ALL Udemy courses, your enrolment is an example of market forces (supply,demand) being used to help dogs... This course covers many many topics in Economics: Demand Supply Elasticity Competition Game theory Small firms Micro-economic policy Macro-economic policy Brexit Interest rates Health Economics Buddhist Economics Despite appearances, this is a very serious course - with some humour thrown in! By enrolling on this course and working through the many lectures you will learn and learn, think - and perhaps smile a bit. Plus you will be providing direct help to saving dogs and improving their lives. You will learn economics from dogs - and by doing so, you will be helping them. This is a course that you will certainly remember! New workbook added: Decluttering (July 2019) Chapters Chapter 1 : The economics of decluttering Chapter 2: Decluttering the company Chapter 3: How to declutter like an Economist Chapter 4: Buy less… Chapter 5: The economics of tidying up Chapter 6: Declutter your business Chapter 7: Mistakes people make when decluttering Chapter 8: The Kondo Effect: the economy-changing magic of tidying up Topics: Decluttering Sunk costs Costs of clutter 5S lean manufacturing Lean management Declutter your mail inbox Declutter your home office Wasting time and opportunities Thinking like an economist A rich life with less stuff Minimalism How much is enough Marie Kondo The art of letting go Recycling Status quo bias Diminishing returns Decluttering mistakes Minimalism Consumerism Minimalism and economics: the endowment effect Two new workbooks: Christmas Economics Economics New Year 2020

Notice: Please do NOT enrol on this course on impulse, thinking you might watch it later. Maybe show an interest on impulse, yes, but before you enrol, watch the Preview videos, read the Course Description and then make a decision. If you then enrol then please start the course as soon as possible. Watch the lectures, look at the workbooks and join in the discussions. Joining my courses is a serious business and I want you to get the most out of your study – but I also want you to enjoy the course. That is why I am asking that you only enrol because you really want to and that you start the course intending to make full use of all the resources. You will be very welcome. BEFORE YOU ENROL: 1. Watch the Preview video 2. Watch the sample lectures 3. Thoroughly read this course description 4. Be fully aware that participation is encouraged - that means there are manuals (several) numerous discussions (Q/A sections) and regular Education Announcements 5. To achieve the Oxford Diploma requires quite a lot of work. To acquire the Completion Certificate you can just...watch. You can choose to do either, neither or...both. Questions are responded to quickly. 6. Remember too that this course includes an OPTIONAL course in Business Economics English. Five reasons to TAKE THIS COURSE right now: You cannot lose - 30 day refund if you really really don't like the course BUT if you DO like it: a. updated lectures b. case studies based on very very current news items c. detailed responses to messages d. I constantly attempt to have a 'class atmosphere' e.g. throwing questions open to all e. regular Announcements that are not disguised sales ploys f. regular FREE access to numerous other courses offered by me I am a lecturer/teacher in Economics by trade i.e. I teach full-time for a living. I have been Principal, Director of Studies and Head of Economics. (Oxford, UK)  I have lectured in University, adult evening classes and also run over 50 seminars in the UK I am/have been an Examiner for FIVE different examination boards I have 100+ books on Amazon - many of them about business/economics The success of my students has been featured on the BBC, Daily Telegraph, The Times and I have been featured on TV in 2 countries. MOTIVATION I make courses on Udemy primarily because I enjoy the process of causing learning. Many of my courses are to improve lives. One of the Economics courses is to raise money for charity. (100% of revenue goes to the charity) Fundamentally this course here, is about helping you. About the course Using ONLY aggregate demand and aggregate supply, this course explains the basics of macro economic policy. The lectures are fully supported by notes - often repeated to ensure learning - that may be copied and used for other studies. If you wish to understand more as to why governments cut/raise taxes, cut/raise government expenditure, how this impacts on inflation, unemployment and growth - then this is the course for you. Topics: Aggregate demand Aggregate supply November 2017 Budget (UK) Shifts in AD/AS Macro-economic equilibrium Spare capacity The Multiplier Output gaps Economic growth Supply-side policies Inflation Unemployment Trade Monetary policy Export-led growth September 2018 revision section BREXIT The course is pitched at a beginner level and thus is IDEAL for anyone just starting an economics course or simply wants to understand macro-economic policy. The initial lectures are short - egg-timer size! - and, if you look at other egg-timer courses, you will know that if you have any questions then they will be answered very quickly. The first part of the course also features a couple of 'revision sessions' just to check you have been following! (These are quite fast!) EXTENDED REVISION SECTION (14 Revision Lectures) The second half of the course consists of case studies based on articles in July 2018. This is to give you the opportunity to check what you know - and then (if you wish) send answers in! Lecture 45 Attached to this lecture is an ECONOMICS WORKBOOK which if done properly, will take about 20+ hours! The Workbook is current as at mid-Feb 2019 A second workbook has been added with questions about: Exchange rate CPI Brexit Investment Mergers Workforce Spending habits Monetary policy Recession Wages Real GDP Cold war Federal Reserve and interest rates July 2019: New workbook: Economics and decluttering Chapters Chapter 1 : The economics of decluttering Chapter 2: Decluttering the company Chapter 3: How to declutter like an Economist Chapter 4: Buy less… Chapter 5: The economics of tidying up Chapter 6: Declutter your business Chapter 7: Mistakes people make when decluttering Chapter 8: The Kondo Effect: the economy-changing magic of tidying up Topics: Decluttering Marie Kondo Sunk costs Costs of clutter 5S lean manufacturing Lean management Declutter your mail inbox Declutter your home office Wasting time and opportunities Thinking like an economist A rich life with less stuff Minimalism How much is enough The art of letting go Recycling Status quo bias Diminishing returns Decluttering mistakes Minimalism Consumerism Minimalism and economics: the endowment effect December 2019 Two new workbooks: Christmas economics Economics New Year 2020 These two workbooks have been written with the Oxford Diploma in mind. March 2020 New courses added: The impact of Coronavirus on the Economy The Economy of the USA

LEARN TO DECIDE- LEARN MICROECONOMICS Have we ever thought that whatever we have been using, consuming and seeing around is one way or the other related to Economics ? How are prices determined in a market ? Infact how does the market works ? How do we decide what must we purchase and what not ? How does producers and consumers interact to determine the price and quantity in a market ? How and why does the Govt interferes and uses certain policies ? Even if you are unaware of what the whole subject is about , you will still learn how Microeconomics effects our "CHOICES AND DECISION MAKING". Since Economics has been influencing our lives in every way. This course of microeconomics provides complete details about the economic system in general and individual economic entities in particular so as to have the ability of better decision making. It enable you to think about the logical facts associated with the economic system . Why do we want a state of equilibrium in a market ? Why do prices change and what are the factors that change them ? What are we concerned with the responses being made after a price change ? And what decisions shall we have to apply for , in such circumstances , yes! This is were we need to learn what Microeconomics is about !!!! The instructors assures that even a student who has not ever taken a course of economics is able to understand the course very easily. And for all the students enrolled in the course of Business, management or Economics can go through it in no time. The course includes an indepth analysis of one of the very most important topics that are : Supply Demand Market Mechanism and equilibrium Changes and adjustment in equilibrium Elasticity and responsiveness to price change . Short-run vs long-run elasticities Consumer choice and much more to come ..... Additionally, the course design includes 4 Quizzes with each topic as well as solved problems . Other Problem sets can also be shared with the students upon request. Furthermore, the course also comprises of explanation of graphical and mathematical analysis with the use of pen tablet. The format of the course is as follows: Defining/explaning the concept Graphical analysis of the concept Mathematical Analysis Relating the concept with real world example Solved Problem with reference to microeconomics various books suggested by the instructor Quiz at the end of each chapter. Upcoming bonus videos will include topics of Cost, Production, Competitive and non-competitive markets Game Theory and much more.... No other experience or knowledge is required for this course.

This training course takes students through the cycle of project feasibility study preparation and evaluation. Feasibility study is needed before starting a new project (product or service), establishing a new business, or upgrading/modifying/expanding an existing business. Through feasibility study preparation cycle, projects can be determined if feasible/viable from the marketing and technical viewpoints. Given their estimated capital and operation costs (CAPEX & OPEX), projects can also be determined whether profitable or not. As the name implies, a feasibility study is used to determine the viability of an idea. The objective of this study is to ensure a project is legally and technically feasible and economically justifiable. It tells us whether a project is worth the investment or not.

'Recognized as a top instructor by Udemy for high quality academic courses' 'First time on Udemy, courses delivered by Nobel Prize laureates and international academic authorities ' If you are as crazy and passionate about true knowledge as our community and believe that true knowledge is true wealth , then our courses are for you. In this masterclass Nobel Prize Winner for Economics, Amartya Sen , invites us to reflect on the key concepts of economics, ethics and justice. Is it possible to combine ethical values with the laws of the market? What are the definitions of social justice and well-being ? The sharp analysis of economist Amartya Sen and his idea of economic development, inseparable from the values of democracy and freedom. This course is for: Anyone with inquisitive and open mind Everyone interested in economics and who would like to learn more about how ethical values could combine with laws of economics. Anyone with Interest in science Anyone with true passion for leaning and attaining true knowledge at an affordable price. Attending the course does not need any economic skill since it is presented in a clear and simple manner Anyone who appreciates and admires the knowledge brought to our race from Nobel Prize laureates' works. With this course you will learn: Over 21 lectures and 1 hour of content! 18 masterclasses and 1 hour and more of content You will learn how the key concepts of economics, ethics and justice are connected to each other You will learn how Amartya Sen suggested a theory capable of regulating the distribution of costs and benefits of social life From literature to economics, art to philosophy, EdooTV gives voice to the world's leading experts, describing and sharing ideas and knowledge that are essential for all of us. Don't wait, be a part of this amazing community now. Knowledge and ability to think with open mind is the best gift you can give to yourself and your loved ones. Feel free to contact us for bulk buying and corporate deals as well.

This  Course covers several Economics topics like Producer's Equilibrium, Concept of Revenue, Forms of Market and Perfect competition. In Producers Equilibrium, we have covered what is producers Equilibrium, when is it achieved, how can you find out Producers Equilibrium using Marginal cost curve, Long and short run equilibrium and what is perfect competition. In the concept of Revenue section, you would learn about, Average, Marginal and Total Revenue, there inter-se relationship and Demand curve of a firm under Perfect competition and Monopoly or monopolistic competition. When looking at Forms of Market, we have explained various forms of market and there characteristics, including perfect competition, monopoly, monopolistic competition and Oligopoly. How each of these forms of market compare with each other is also covered as a part of this Course. In case of perfect competition, our course covers what would be the market situation in case where either supply or demand are elastic, or inelastic, and there are changes in the other variable. This would cover simultaneous changes in supply and demand, change in demand when supply is perfectly inelastic and vice versa.

Overview As advanced economies come to the end of the process of industrialization and with the rise of information technology we are witnessing the birth of a new type of post-industrial economy, it is built on services, fueled by information and knowledge and it is increasingly integrated through global financial and supply chain networks. These huge changes in the deep architecture to our economies go far beyond our industrial paradigm and are necessitating a re-imagination of economy theory. General equilibrium models that were derived from classical physics got mathematized during the 20th century, these models give us a picture of the economy as composed of isolated, purely rational individuals, optimizing over a well defined set of preferences out of which we get a macro level general equilibrium in a somewhat static and timeless economy. It was a paradigm that fitted well with industrial age mechanization. But today the limitations of general equilibrium theory are becoming more apparent as we build new models, models to individual agents that have bounded rationality, driven by a diversity of motives they are interconnected and interdependent. And it is out of these nonlinear interactions we get the emergence of economic institutions as network structures that are far-from-equilibrium, in an economy that is constantly changing from internal drivers as it develops over time through an evolutionary process. Content This course is an overview to the new area of complexity economics, the application of models from complexity theory to the domain of economic science. The course is broken down into five main sections, we will start off with an overview to economic theory discussing our standard approach before going on to give a clear outline to the main ideas coming out of complexity economies. Next we will borrow from behavioral economics to build up a more complex model to economic agents as we talk about the idea of bounded rationality, different theories of value, choice theory and incentive systems. In the third section we will be looking at nonlinear economics as we apply system dynamics to modeling micro economic phenomena, we will be talking about how feedback loops create nonlinearity and the process of self-organization out of which emerges non-equilibrium patterns of organization in the economy. Next we will apply network analysis to modeling macro level economic institutions such as markets, we will introduce you to the basics of network theory and go on to talk about economic networks, their topology, distribution and dynamics. In the final section will be looking through the lens of complex adaptive systems theory to understand how whole macro economies emerge out of the actions and reactions of many different organizations, we will use the model of a fitness landscape in order to help us understand the process of economic evolution.