Economics at Oxford
Oxford, UK
Economics Course
overview
Discover how individuals, businesses, and governments make decisions about the use of scarce resources in a world of unlimited wants and needs, and what implications economic issues can cause, such as tax and inflation, interest rates and wealth, inequality and emerging markets, and energy and the environment. The Economics course will provide the structure required to understand the way our world operates, from the choices we make in our everyday lives to how businesses or governments achieve their desired objectives.
Learning Outcomes in this course
Learn about fundamental economic concepts such as micro and macro economics, historical trends, human behavior and social phenomenons
Discuss how economics played a key role in historical moments and build practical leadership skills
Gain a better knowledge of economics as a social science, therefore distinguish the concepts of labor, capital, land value, inflation, fiscal policy and other political and social ideas
Examine how economists use the scientific process to expand understanding of individual decision-making, market outcomes, and government policies, and apply the process by practicing curiosity and hypothesis testing
Debate economic issues in ways that promote mutual understanding and inquiry, demonstrate fluency in basic economic terminology and tools, and explain economic reasoning to incorporate insights from non-economists