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CONCLUSION

Summary of what we learned

The United States of America

Understanding how the USA's economy works

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If you have any questions, just reach out to one of our instructors.

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ECONOMICS 101

Course Layout

Below are all of the lessons offered in this course. Students can just click on a lesson to learn.

INTRODUCTION

Course Syllabus and Getting Started

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TRADE OFFS

Understanding what the term trade off means

VALUE OF AN ITEM

Understanding how humankind determines value

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RATIONAL & IRRATIONAL BEHAVIOR

Understanding what it means to be rational or irrational

MARGINAL COSTS

Understanding what Marginal Costs mean

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INCENTIVES

Understanding what incentives are and how they can be used to influence others

TRADING GOODS

Understanding the practice of trade

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MARKETS & INDUSTRIES

Understanding what a Market and an Industry are

GOVERNMENTAL INFLUENCES

Understanding how the government influences the economy

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COST OF LIVING

Understanding what the cost of living is and how the standard of living influences the economy

INFLATION & DEFLATION

Understanding the peaks and pits of economic health

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RELATIONSHIP BETWEEN INFLATION & UNEMPLOYMENT

Understanding why unemployment increases and decreases

Communities & Neighborhoods

Understanding how economics plays a role in communities and neighborhoods.

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Microeconomics & Macroeconomics

Understanding the difference between these two terms.

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