Economics·Course
Business Economics
Comprehensive micro and macroeconomics course for business students
Part of the Business & Economics track — finish it for a verifiable diploma →
§ 01 — Orientation
New here?
What you'll be able to do, who this is for, how long it takes, and where to begin.
By the end, you will be able to
- 01Explain how supply, demand, and elasticity shape real business decisions.
- 02Read economic data and turn it into a defensible recommendation.
- 03Compare competing economic theories and judge which fits a situation.
- 04Model how a multinational firm responds to costs, prices, and competition.
- 05Argue an economic-policy position with evidence, not slogans.
Who this is for
How long it takes
- Quick orientationSkim the opening module and the cheatsheet to get the shape of it.~2 h
- Full read-throughRead every article once, in order.~2 h
- Mastery pathRead, take the quizzes, and space out your reviews.~2 weeks
- APA
Stoa. (2026). Business Economics [Online course]. Stoa. https://stoa.school/course/economics
- MLA
Stoa. “Business Economics.” Stoa, 2026, https://stoa.school/course/economics.
- Chicago
Stoa. “Business Economics.” Stoa. Accessed September 1, 2026. https://stoa.school/course/economics.
§ 02 — Curriculum
7 modules.
Each module is a small unit. Most read in sequence — but a determined reader can begin anywhere.
- M IWhat Economics StudiesCore economic concepts: scarcity, opportunity cost, rational decision-making, types of economic systems3 articles
18 minBegin → - M IIBusiness in a Competitive EnvironmentDemand, supply, market equilibrium, price mechanism, price elasticity of demand3 articles
18 minBegin → - M IIICosts, Production, and Profit MaximizationShort-run and long-run costs, production function, revenue, profit maximization condition MR=MC, shutdown decision3 articles
18 minBegin → - M IVMarket StructuresPerfect competition, monopoly, monopolistic competition, oligopoly — characteristics, equilibrium, efficiency3 articles
18 minBegin → - M VMarket Failures and Government InterventionSocial efficiency, market power, consumption and production externalities, instruments of government intervention2 articles
12 minBegin → - M VIThe Macroeconomic EnvironmentGDP, business cycle, aggregate demand and supply, circular flow of income, unemployment, inflation4 articles
24 minBegin → - M VIIMacroeconomic Policy and International TradeGoals of macroeconomic policy, international trade, balance of payments, financial system, money2 articles
12 minBegin →
§ 03 — Learning outcomes
4 outcomes.
Evaluate models and theories applicable to multinational enterprises.
Analyze information to make well-founded business decisions.
Evaluate economic theories for the development of policy recommendations.
Apply professional values in both independent and team-based work.
§ 04 — Practices