The term Socialnomics was coined by Erik Qualman @equalman who also wrote a book this year titled “Socialnomics”. It talks about how social media transforms the way we live and do business.

If you haven’t picked up a copy of the book you should, as it does a great job of describing the massive socio-economic shift that is fundamentally changing the way consumers and companies communicate/interact with each other.

We all understand how everyone leverages Social Networks to post comments, updates, upload pictures, videos, etc etc but many younger people truly lack the understanding of the amount of power Social Media has on businesses. Socialnomics inevitably will be one of the next classes added to accredited school curriculum but the time is now for students to learn how to leverage social media as it relates to business. This allows this generation a clear opportunity to leverage Social Networks that they are already familiar with and taking that to the next level of engaging audiences from a business prospective. Time to put together some curriculum for Socialnomics 101.