Joon Koo Lee

Learn how a national economy works, including the determination of equilibrium levels of national income and prices. In this economics course, you will learn some of the major concepts of macroeconomics, such as gross domestic product, price level, inflation, unemployment, economic growth and the balance of [...]

Learn the basics of microeconomics, including supply and demand of commodities and how equilibrium in the market affects price. A country’s economy consists of three major economic agents; consumers, firms and government. Analyzing the choices made by these economic agents is one of the main subjects of microeconomics. In [...]