University of California, Santa Barbara

Economics of Markets, Government, and Nonprofits

University of California, Santa Barbara

Economics of Markets, Government, and Nonprofits

William Karalius

Instructor: William Karalius

Included with Coursera Plus

Gain insight into a topic and learn the fundamentals.
Beginner level

Recommended experience

5 hours to complete
Flexible schedule
Learn at your own pace
Gain insight into a topic and learn the fundamentals.
Beginner level

Recommended experience

5 hours to complete
Flexible schedule
Learn at your own pace

What you'll learn

  • Identify the core principles of the AICPA Code of Professional Conduct and apply them to navigate conflicts of interest and maintain independence.

  • Differentiate between the distinct auditing standards required for nonissuers, public companies, internal audits, and international engagements.

Details to know

Shareable certificate

Add to your LinkedIn profile

Recently updated!

March 2026

Assessments

5 assignments

Taught in English

See how employees at top companies are mastering in-demand skills

 logos of Petrobras, TATA, Danone, Capgemini, P&G and L'Oreal

Build your subject-matter expertise

This course is part of the CPA Licensure Prep: Special Topics in Accounting Specialization
When you enroll in this course, you'll also be enrolled in this Specialization.
  • Learn new concepts from industry experts
  • Gain a foundational understanding of a subject or tool
  • Develop job-relevant skills with hands-on projects
  • Earn a shareable career certificate

There are 4 modules in this course

In this module, you’ll explore the foundations of microeconomics. You’ll examine concepts such as the market economy, along with demand and supply. By the end of the module, you’ll be prepared to recognize key microeconomic factors and identify how supply and demand work together to inform businesses how to remain competitive in the marketplace.

What's included

5 videos3 readings2 assignments

In this module, you’ll explore the foundations of macroeconomics. You’ll examine concepts such as general types of markets, along with the roles of governments in economics. By the end of the module, you’ll be prepared to recognize key macroeconomic features such as Gross Domestic Product (GDP) and competition in economics.

What's included

4 videos2 readings1 assignment

In this module, you’ll explore the foundations of governmental accounting concepts and not-for-profit accounting concepts. You’ll examine concepts such as how government entities are organized and how not-for-profit organizations are organized. By the end of the module, you’ll be prepared to recognize key accounting differences between governments, not-for-profits, and for-profit entities.

What's included

4 videos2 readings1 assignment

This final module brings everything together. You’ll review key concepts from the course and apply what you’ve learned to real-world business situations. By stepping back and looking across key concepts tied to economics and governmental/NFP entities, you’ll strengthen your ability to analyze how economic concepts impact businesses—skills that are essential for accountants and business professionals alike.

What's included

1 video2 readings1 assignment

Earn a career certificate

Add this credential to your LinkedIn profile, resume, or CV. Share it on social media and in your performance review.

Instructor

William Karalius
University of California, Santa Barbara
12 Courses 83 learners

Offered by

Explore more from Finance

Why people choose Coursera for their career

Felipe M.

Learner since 2018
"To be able to take courses at my own pace and rhythm has been an amazing experience. I can learn whenever it fits my schedule and mood."

Jennifer J.

Learner since 2020
"I directly applied the concepts and skills I learned from my courses to an exciting new project at work."

Larry W.

Learner since 2021
"When I need courses on topics that my university doesn't offer, Coursera is one of the best places to go."

Chaitanya A.

"Learning isn't just about being better at your job: it's so much more than that. Coursera allows me to learn without limits."
Coursera Plus

Open new doors with Coursera Plus

Unlimited access to 10,000+ world-class courses, hands-on projects, and job-ready certificate programs - all included in your subscription

Advance your career with an online degree

Earn a degree from world-class universities - 100% online

Join over 3,400 global companies that choose Coursera for Business

Upskill your employees to excel in the digital economy

Frequently asked questions