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Aggregate Supply and Demand

from Alison (Free)

Aggregate supply and demand are key concepts in macroeconomics as they help economists interpret events in the past to help predict the future. The aggregate supply curve model...

Currency Exchange

from Alison (Free)

When most people think about currency exchange, we are usually thinking about buying foreign currency to bring with us on vacation. However, currency exchange involves much more...

Financial Funds

from Alison (Free)

Financial funds are a very important topic to understand in the area of financial economics. The terms hedge funds, open ended funds and mutual funds are often mentioned in the...

Fiscal and Monetary Policies

from Alison (Free)

Fiscal and monetary policies are two strategies used to direct a country's economic goals. Fiscal policy involves the government and how it uses revenue and expenditure to...

Inflation in Modern Economies

from Alison (Free)

The rate of inflation and whether it has gone up or gone down is reported on a daily basis across the media. Many people don't realise the significance of or the role inflation...

Introduction to Financial Instruments in Economics

from Alison (Free)

A financial instrument is a tradable asset of any kind and they are a key component of the modern financial market system as they allow for efficient flow of capital through the...

Introduction to Fractional Reserve Banking

from Alison (Free)

Fractional reserve banking is a key concept in banking. It means banks maintain only a fraction of the total amount of money in all their customers’ deposit accounts as cash that...

Introduction to Gross Domestic Product

from Alison (Free)

Gross Domestic Product (GDP) is a very important topic to understand in economics. It measures the monetary value of final goods and services of a country within a given time...

Introduction to Investment and Taxation

from Alison (Free)

Investment and tax principles are very important topics in finance and professionals who act as investment and taxation advisors must have a thorough knowledge and understanding of...

Introduction to Life Insurance and Retirement Savings

from Alison (Free)

Having adequate life insurance and retirement savings are two very important aspects of personal financial planning. This free online personal finance course introduces and...

Introduction to Personal and Corporate Taxes

from Alison (Free)

There is an old saying that the two certainties in life are death and taxes. In this free online course aspects of personal taxation and corporate taxation are reviewed with an...

Introduction to Simple and Compound Interest

from Alison (Free)

Any person with a bank account, credit card or bank loan will come across aspects of simple interest and compound interest. However, many people have difficulty in distinguishing...

Introduction to Stocks and Short Selling

from Alison (Free)

Everyone knows that when you identify stocks that you believe are going to increase in price you buy them. But how can you profit from stocks that you believe will decline in...

Introduction to Venture Capital

from Alison (Free)

Venture capital firms play an important role in the financial services industry, yet not much is known about them by the average lay person. The venture capital market is made up...

Laws of Supply and Demand

from Alison (Free)

Supply and demand in a market economy is one the most fundamental concepts in economics. Demand refers to the quantity of a product or service that is demanded by consumers. Supply...

Modern Economics

from Alison (Free)

Following the recent global financial crisis there has been a huge increase in people seeking to learn about how economies and modern economic systems work. People now realise that...

Trading in a Futures Market

from Alison (Free)

In the world of finance, futures trading is a very important activity to understand. It can have a great impact on all our lives as it effects the future prices of essential items...

Understanding Fixed, Variable and Marginal Costs in Economics

from Alison (Free)

Fixed cost, variable cost and marginal cost are very important concepts to understand in economics. Fixed costs are business expenses and are often time-related such as salaries...

Understanding Monopolies in a Market Economy

from Alison (Free)

A monopoly exists when one particular business is the only supplier of a commodity or service within any particular sector of the economy. This is a very important concept to...

Understanding Present Value

from Alison (Free)

Present Value is one of the most widely used concepts in the financial world as its calculation can determine the current worth of a future sum of money or stream of cash flow...