Online Economics Courses for Credit
Students can find a number of free economics courses available online. While these courses don't require students to register or pay tuition, they also don't lead to college credit. Students who want to earn alternative forms of credit might look into courses that charge a small fee in exchange for access to online resources. Study.com has this type of distance learning through its short and engaging video lessons and self-assessment quizzes. Transcripts are also available for the videos. Both the videos and the transcripts can prepare students to earn real college credit.
Students interested in economics can explore the Economics 102: Macroeconomics course, which includes lessons on these topics and more:
- Scarcity, Choice, and the Production Possibilities Curve - Topics include opportunity cost, production possibilities model and the function of choice.
- Measuring the Economy - Examine the circular flow of economic activity, gross domestic product and investments.
- Aggregate Demand and Supply - This chapter covers the Keynesian Model, the classical model, marginal propensity to consume, sticky wages and favorable supply shocks.
- Economic Growth and Productivity - Subjects covered include potential output of a nation, real GDP per capita, physical capital and growth policy.
- Fiscal and Monetary Policies - Find out about fiscal policy tools, expansionary fiscal policy, progressive tax code, supply side economics and more.
Free Online Non-Credited Economics Courses
Massachusetts Institute of Technology
- Behavioral Economics and Finance looks at the psychology behind economics, including the impact of self-control and thinking processes. Students can download lecture notes and handouts in PDF form. Three problem sets with no solutions are included for practice in this graduate-level course.
- Economics and Psychology examines how psychological tests have been used to learn about economic thinking and behavior. Lecture notes for most lessons are available for downloading, and students can access problem sets, but not the solutions. Two textbooks are required, and links to some supplemental readings are provided.
- Introduction to Statistical Methods in Economics offers basic information on statistics and probability geared towards undergraduate economics and social science students. Users can download a complete set of lecture notes, as well as assignments and solutions. Exam questions are posted online.
The Open University
- Economics Explains Discrimination in the Labour Market views workplace discrimination from an economist's perspective. Students can download lectures with illustrations and graphics. Learning activities are included with some lessons.
Utah State University
- International Economics offers students the change to gain knowledge in international finance and trade from a business standpoint. Users can download MP3 audio lectures and complete assignments that consist of multiple choice questions. A textbook and accompanying study guide are required, as well as access to a supplemental website.
- Introduction to Economics helps students understand economic institutions, particularly those related to the U.S. economy. Students can download MP3 audio lectures, essay questions and multiple choice quizzes. One textbook is required.
- Managerial Economics examines how management decisions are influenced by the application of microeconomics. The goal of this course is to develop stronger business leaders working in the non-profit and government sectors. One textbook is required, and students should have some prior knowledge of microeconomics, basic statistics and business calculus. MP3 audio lectures, multiple choice quizzes and exam questions are available for this course, but no solutions are provided.
- Financial Markets takes a look at the institutions in our society that help manage risk while encouraging business. Students have access to 23 video lectures, some with quizzes. The lessons include links to reading assignments that can be found for free online. Practice and real exams, along with solutions, are available. Two textbooks are required, and there is a lengthy list of recommended readings.
- Financial Theory goes over how the U.S. financial system fits into the global economy through 26 video lectures. Students should be proficient in arithmetic and elementary mathematics before starting the course.