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FUNDAMENTAL CONCEPTS OF ECONOMICS

Instructor: RACHANA THAKUR

Language: English

Learners Enrolled: 256 (Past) + 1 (Active)

Course Duration: 60 Days

Course Fees (INR): 3000/-

Course Description

A crash course on economics was created by Ms Rachana Thakur to enhance your economic knowledge. This course talks about the basics of economics, government budget, inflation, demonetization, and the banking system of India. This course is very helpful to the student who is preparing for any competitive exam and also the one who is interested in this subject wanted to know about economics. There are modules in this course each module includes Multiple Choice Questions and at the last of the course, an assignment is given to the student to evaluate their performance and concepts.
  • The general aim of this course is to enhance the understanding of the economic aspects of current affairs;
  • Provide a foundation for further study of economics;
  • Encourage you to take responsibility for your learning (self-directed learning), and to acquire skills relevant to a wide range of situations beyond this course: how to think analytically, and to express yourself clearly and directly.
  • By the end of this course, students should be able to explain economic issues, problems, and solutions to non-economists.

Jobs & Career Opportunities:

Some of the career options exist in the private sector (Economist, Financial Risk Analyst, Data Analyst, Financial Planner) as well as in the public sector (Governor, Various officers at Reserve Bank of India, RBI).

Professional Economist: Economists are responsible for analyzing market trends, advising businesses and governments on economic decisions, and developing econometric models for forecasting, among other duties. Economists will need to distil complex economic data to non-technical audiences, requiring excellent communicative ability.

Financial Risk Analyst: A financial risk analyst identifies and analyses potential risks threatening the financial position of commercial and industrial corporations and public/private organisations.

Data Analyst: Data analysts work with data to help their organizations make better business decisions. Using techniques from a range of disciplines, including computer programming, mathematics, and statistics, data analysts conclude from data to describe, predict, and improve business performance. They form the core of any analytics team and tend to be generalists versed in the methods of mathematical and statistical analysis.

Financial Advisor: A financial advisor is a personal financial planner whose primary job is to plan investments and manage money in a way that generates the best return for the principal. It is essentially a number game and would be challenging as well as rewarding for those who like the number games and have a keen interest in economics and finance.

Agricultural Economist: Agricultural Economists are expected to apply their business concepts and problem-solving techniques to manage farms and agricultural resources. They also forecast market trends for farm products. They keep a close check on the changing trends and predict the reason for such changes and improvise strategies according to the market’s demand. 

Investment Analyst: Investment analysts collect information, perform research, and analyze assets, such as stocks, bonds, currencies, and commodities. Investment analysts often focus on specific niches to become experts in their chosen fields, such as a particular industry, a geographical region, or a specific asset class.

Other Important Information about the Course:
  • Maximum Duration to complete the course: 2 months
  • Course Fees: Rs. 3000/- (Payment through Credit & Debit Cards, Cheque, Demand Draft, Cash, Wire Transfer – NEFT)
  • Online Evaluation Method: Based on “Multiple Choice Questions (MCQs)” and an “Assignment Submission” of 500 words.
  • The score of the online examination will be taken as the final result and Grades will be assigned as per the following scheme: Grade A – 80-100, Grade B – 65-79, Grade C – 50-64, Reattempt – Below 50
  • Next Batch: Each IALM course starts immediately after payment. Students can register online for the course at any time. Upon payment of fees and registration, the present Course will start immediately.
  • Course Material: An IALM-copyrighted e-compendium of all the modules will be given FREE upon successful completion of the course. This course is part of a series of Corporate Law Courses being introduced by IALM. We will hope that you will find the course material, videos, and MCQs interesting.

Course Syllabus

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Indian Academy of Law & Management ("IALM") bridges the skills gap between what is being taught in Indian law schools or in any Indian law institute, by providing online law courses in various disciplines...
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