Why things seem cheap but cost so much

In “Why things seem cheap but cost so much” you’ll explore the fascinating economics behind the products and services we use every day. This course breaks down why certain goods appear inexpensive at first glance, yet can cost us far more in the long run—whether in time, convenience, or hidden expenses. You’ll learn about factors like globalization, supply chains, labor practices, marketing strategies, and how companies balance cost and perceived value. The course explains the difference between price and true cost, showing how cheap products can sometimes lead to waste, low quality, or unexpected financial and social impacts. Chelsea Fagan uses relatable examples and clear explanations to help you understand why items that seem affordable often carry hidden trade-offs. The course also touches on consumer behavior, teaching you how spending habits, lifestyle choices, and social pressures influence what feels “cheap” or “expensive.” By understanding these underlying principles, you’ll gain the knowledge to make smarter financial decisions, prioritize value over sticker price, and navigate the modern economy with awareness. By the end, you’ll see everyday purchases in a new light, appreciating not just the upfront cost, but the real value and long-term consequences of your choices. This course equips you with the perspective to spend wisely and think critically about money.