Learn economics

Economics course curriculum

The study of economics can cover a range of topics, introducing learners to various theories and models. Introductory economics courses may start by exploring the fundamental economic concept of supply and demand.

Learners will study supply and demand curves to understand the relationship between the quantity of a product or service that producers are willing to supply and the quantity of that same product or service that consumers are willing to purchase. These curves help explain pricing models.

Online economics courses can also take a look at the field from a macro or micro lens:

Microeconomics

This branch of economics studies the behavior of individual households and firms when deciding where to allocate resources. It examines how individuals, firms, and governments interact within markets to determine prices, quantities, and distributions of goods and services.

Macroeconomics

This branch of economics examines the economy as a whole, including how economic variables such as inflation, unemployment, and gross domestic product (GDP) are affected by government policies and global events. It also examines how a nation's overall economic performance impacts individuals' lives.

How to get started in economics

1. Take economics courses on different topics

Make a list of potential subjects you're interested in before committing to any course or class. Doing so can help you save money on college courses, certificates, or executive education programs. Once you have a list of topics, pick which kind of course best meets your needs. Consider a stand-alone economics class if you want to learn:

• Basic economic vocabulary
• Money-saving tips
• How taxes work

Research college courses or certificate programs if you want to:

• Earn college credit that you can apply toward an economics degree.
• Study economics concepts in-depth.
• Learn the relationship between economics and math.

Other options include executive education programs in economics. These programs appeal to managers or aspiring leaders who want to stay current with the latest knowledge and skills in their field.

2. Study different economic theories

Knowing different economic theories, their impact, and how they developed can help you understand modern economies. Some of the most influential theories include:

• Keynesian economics: Developed in the 1930s by English economist John Maynard Keynes, Keynesian economics proposes that markets cannot fix themselves in times of crisis. Instead, governments can use deficit spending to jump-start the economy.
• Laissez-faire capitalism: Unlike Keynesian economics, laissez-faire capitalism advocates for little to no government involvement in the economy. Most Western nations followed this economic theory until the Great Depression.
• Marxism: Developed in the 19th century by German philosopher and theorist Karl Marx, Marxism proposes that workers should own their labor and not merely receive a salary. These ideas influenced the founding of many communist governments in the 20th century.

Learning these and other theories can prepare you to dive into more advanced topics, such as financial analysis.

3. Learn math skills to deepen your understanding of economics

Math, specifically algebra and statistics, plays a significant role in modern economics. Mathematical functions help economists make projections, such as how much a company might grow over time. Charts and graphs also let economists make sense of events that have already happened.

Knowing how to read charts, graphs, and other math data can help you analyze economic reports and prepare you to further your economics education. edX statistics courses can help you learn statistics basics and advanced concepts. Consider an edX math fundamentals course if you want to brush up on your math skills.

4. Stay up-to-date on economic developments

Becoming a lifelong learner can help you develop new economic knowledge and skills. Keep your mind sharp by reading economic news from different sources. Subscribing to publications such as The Economist and The Atlantic can inform you of the latest developments and offer contrasting viewpoints.

Another way to stay up-to-date on economic developments is to future-proof your skills. Set short- and long-term education goals, such as taking a new class or earning a master's degree. You can also research learning opportunities that combine economics with in-demand skills, such as ChatGPT or other AI tools.

How long does it take to learn economics?

It can take up to seven years to learn economics if you want to pursue a career that requires a master's degree. However, a four-year bachelor's degree can qualify you for many entry-level positions. You may finish either degree in less time if you hold some college credit or relevant work experience.

Learning economics for personal or professional development can take much less time than earning a degree. You can complete courses, certificates, and executive education programs in less than a year. Introductory economics classes may take only a few weeks, exposing you to the field's history, theories, and impact.

Find a learning path to learn economics

Jobs that use economics

Below are a few jobs that use economics with 2024 salary data from the Bureau of Labor Statistics.

Economist

Economists research economic trends and report their findings to stakeholders. Their work helps public and private sector employers make decisions. A graduate degree gives these professionals the tools to analyze economic data and apply critical-thinking skills.

• Median annual salary: $115,440

Financial analyst

People and companies turn to financial analysts for investment advice. These analysts provide clients with custom-tailored recommendations. Succeeding in this role requires analyzing economic conditions and making evidence-based projections.

You can become a financial analyst with a bachelor's degree, a professional certification, and some experience.

• Median annual salary: $101,910

Financial manager

Financial managers help large companies and organizations make sound financial decisions. Day-to-day responsibilities include preparing reports, reviewing statements, and researching market trends. A background and expertise in economics allows these professionals to analyze economic data.

Start learning financial management fundamentals on edX.

• Median annual salary: $161,700

Budget analyst

Companies and organizations hire budget analysts to help them spend money wisely. These professionals review budget proposals, make recommendations, and review all spending. Due to the math skills the career requires, most budget analysts hold a degree in economics or business.

• Median annual salary: $87,930

Your next steps on edX

1. Start exploring relevant economics courses on edX.
2. Further your education with an online bachelor's or master's degree in economics.
3. Take executive education courses to prepare for a management-level role.

Last updated June 23, 2025