Concepts:
Compound interest, Income, Long-term investing, Saving versus spending
Concepts:
Incentives, Opportunity cost, Voluntary exchange
Concepts:
Choice, Opportunity cost, Decision-making model, Scarcity
Concepts:
Job application, Job search, Resume
Concepts:
Entrepreneurship, Incentives, Risk
Concepts:
Determinants of income, Human capital, Sources of income
Concepts:
Gross pay, Income taxation, Marginal tax rate, Net pay
Concepts:
Budget, Disposable income, Fixed expense, Net worth, Variable expense
Concepts:
Automated Teller Machine (ATM), Brokerage firm, Checking account, Commercial bank, Credit union, Debit card, Savings and loan associations (S & Ls)
Concepts:
Auto insurance, Disability insurance, Health insurance, Homeowner's insurance, Life insurance, Renter's insurance, Risk
Concepts:
Credit, Credit score, Interest, Risk
Concepts:
Credit
Concepts:
Credit history, Credit report, Credit score
Concepts:
Add-on interest rate, Annual percentage rate (APR), Finance charge, Interest rates
Concepts:
Annual fee, Annual percentage rate (APR), Credit card, Credit limit, Grace period
Concepts:
Amortization, Mortgage loan
Concepts:
Annual percentage rate (APR), Auto loan, Credit
Concepts:
Consumer credit protection
Concepts:
Identity theft, Payday loans, Rent-to-own plans
Concepts:
Compounding, Interest rates, Investment, Opportunity cost, Rate of return, Rule of 72, Saving, Spending
Concepts:
Certificate of deposit, Financial risk, Fraud risk, Inflation risk, Liquidity risk, Market risk, Money market mutual funds, Nominal rate of return, Real estate, Real rate of return, Savings account, Stock index funds, Stock mutual funds, Stocks, U.S. government savings bonds
Concepts:
Bonds, Index funds, Mutual funds, Rule of 72, Stocks
Concepts:
Gift Money, Human Capital, Income, Producers
Concepts:
Capital resources, Economic wants, Entrepreneurs, Goods, Human capital, Human resources
Concepts:
Choices, Coins, Economic wants, Human capital, Money, Paper money, Value of money
Concepts:
Alternatives, Benefits, Choice, Costs, Decisions, Opportunity Cost, Saving, Spending
Concepts:
Banks, Choices, Deposits, Economic wants, Money, Opportunity Cost, Saving, Savings accounts, Spending, Withdrawals
Concepts:
Banking, Choice, Deposits, Money, Opportunity cost, Saving, Scarcity, Spending, Withdrawals
Concepts:
Benefits, Costs, Money, Opportunity cost, Saving, Savings goals, Wants
Concepts:
Choice, Consumers, Economic wants, Goods, Opportunity cost, Services
Concepts:
Choices, Consumers, Goods, Money, Opportunity cost, Price, Services, Spending, Wants
Concepts:
Alternatives, Benefits, Choices, Costs, Planned spending, Unplanned spending
Concepts:
Advertising, Benefits, Costs, Choice, Consumers, Spending, Wants
Concepts:
Borrowing, Credit, Goods, Services, Wants
Concepts:
Benefits, Borrowers, Costs, Credit, Lenders, Opportunity Cost
Concepts:
Borrower, Checks, Consumers, Credit, Credit Cards, Interest, Lender, Methods of payment
Concepts:
Balancing a budget, Budget, Money management
Concepts:
Credit, Income, Money management, Saving, Spending
Concepts:
Goods, Human capital, Human resources, Income, Investment in human capital, Services, Wages
Concepts:
Costs of production, Entrepreneurs, Goods, Income, Opportunity recognition, Profit, Revenue, Services
Concepts:
Gross income, Income, Income taxes, Net income, Payroll taxes, Property taxes, Sales taxes, Taxes
Concepts:
Economic want, Interest, Opportunity cost, Savings, Spending, Trade-off
Concepts:
Economic want, Incentive, Interest, Long-term goals, Savings, Short-term goals
Concepts:
Consumers, Consumer spending decisions, Economic want, Goods, Scarcity, Services
Concepts:
Economic wants, Income, Opportunity cost, Scarcity, Wages
Concepts:
Check, Consumers, Credit card, Debit card, Electronic or online payment, Finance charge
Concepts:
Check, Consumers, Credit card, Debit card, Electronic or online payment, Finance charge
Concepts:
Advertise, Advertisements, Consumers, Fact, Opinion, Price, Tastes and preferences
Concepts:
Consumers, Comparison shopping, Criteria, Price, Unit price
Concepts:
Collateral, Credit, Credit application, Credit report, Creditworthiness
Concepts:
Benefit, Cost, Credit, Debt, Interest
Concepts:
Benefit, Budget, Cost, Expenses, Income, Savings
Concepts:
Budget, Expenses, Fixed expenses, Human resources, Income, Net income, Savings, Taxes, Wages, Variable expenses
Concepts:
Capital resources, Human resources, Natural resources, Entrepreneur, Scarcity, Unlimited wants
Concepts:
Alternatives, Cost/benefit analysis, Criteria, Decision-making, Opportunity cost, Trade-offs
Concepts:
Consequence, Incentive, Opportunity cost
Concepts:
Benefits, Costs, Income, Marginal benefit, Opportunity cost, Wage
Concepts:
Entrepreneur, Human capital, Opportunity cost, Productivity
Concepts:
Capital resources, Human capital, Productivity, Wage
Concepts:
Budget, Fixed expenses, Opportunity cost, Periodic expenses, Periodic income, Planned expense, Trade-off, Unplanned expense, Variable expense
Concepts:
ATM card, Checking account, Checkbook register, Credit union, Debit card, Direct Deposit, Online banking, Overdraft
Concepts:
Income tax, Property tax, Public goods and services, Sales tax
Concepts:
Investing, Long-term goals, Medium-term goals, Opportunity cost, Saving, Scarcity, Short-term goals
Concepts:
Demand, Financial intermediaries, Interest, Opportunity cost, Profit, Revenue, Supply
Concepts:
Certificate of deposit, Financial risk, Inflation risk, Interest rate risk, Money market deposit account, Opportunity cost, Portfolio, Savings account, Savings instrument, U.S. Savings Bond
Concepts:
Compounding, Compound interest, Interest, Interest rate, Opportunity cost, Rule of 72, Simple interest
Concepts:
Capital gains, Diversification, Dividend, Equity, Mutual Funds, Risk, Stocks
Concepts:
Annual fee, APR, Credit limit, Finance charge, Grace period, Inflation, Interest, Interest rate, Late fee, Minimum payment, Opportunity cost
Concepts:
Credit history, Credit score, Character, Capacity, Collateral, The rights and responsibilities of borrowers
Concepts:
Comparison shopping, Consumer protection
Concepts:
Goods, Services, Wants
Concepts:
Production, Producer, Consumer, Productive Resources, Natural Resources, Human Resources, Capital Resources, Entrepreneur
Concepts:
Scarcity, Wants, Price
Concepts:
Scarcity, Trade, Opportunity Cost, Consumer, Producer
Concepts:
Scarcity, Opportunity Cost, Producer, Productive Resources, Trade-offs
Concepts:
Wants, Production, Trade, Barter, Consumer Sovereignty, Demand
Concepts:
Money, Trade, Exchange, Barter
Concepts:
Specialization, Productivity, Division of Labor, Efficiency, Productive Resources, Output, Input
Concepts:
Productive Resources, Capital, Human Capital, Productivity
Concepts:
Saving, Investment, Income, Consumption, Opportunity Cost, Choice, Productivity
Concepts:
Production, Supply, Demand, Specialization, Market Price
Concepts:
Supply, Demand, Market Price, Profit, Advertising
Concepts:
Profit, Cost, Productive Resources, Revenues
Concepts:
Inflation, Price, Goods and Services, Income
Concepts:
Gross Domestic Product, Nominal GDP, Real GDP, Money GDP, Inflation
Concepts:
Capital Resources, Economics, Entrepreneur, Human Resources, Production Process, Productive Resources, Natural Resource, Scarcity, Opportunity Cost, Using Map Features to Identify How People Work and Earn Income in a Community
Concepts:
Specialization, Mutual Benefits of Trade, Interdependence, Free Trade, Climate, Export, Geography, Imports, Quota, Self-sufficient, Tariff, Trade, Trade Barriers
Concepts:
Computing GDP, GDP, Real vs. Current GDP, Problems with Making Comparisons using GDP Data, Underdeveloped countries, High-income Countries, Income, Inflation, Low-income Countries, Middle-income Countries
Concepts:
Human capital, Input, Output, Productivity, Per Capita
Concepts:
Command Economy, Economic Systems, Market, Market Economy, Trade-Off, Traditional Economy
Concepts:
The causes and effects of the Panic of 1907, The causes and effects of the Crisis of 2007-2009, Gold Standard, Risk, Interest Rates, Mortgage-backed Securities
Concepts:
Business Cycles, Depression, Real GDP, Inflation, Macroeconomic Indicators, Money Supply, Recession, Unemployment, Unemployment Rate
Concepts:
Asymmetric Information, Bubble, Incentives, Prices, Speculation, Market Psychology, Negative Externalities, Moral Hazard
Concepts:
GDP, Unemployment, Inflation, Deflation, Monetary Policy, Fiscal Policy
Concepts:
Recession, Inflation, The Federal Reserve System, Monetary Policy, Traditional Monetary Policy Tools, New Monetary Policy Tools, Reserve Requirement, Discount Rate, Open Market Operations, Federal Funds Rate
Concepts:
Supply and Demand, Subprime Mortgages, Securitization, Mortgage-backed Securities, Leverage
Concepts:
Economic Institutions, Credit, Insurance, Financial Markets, Risk and Return, Moral Hazard
Concepts:
Redlining, Subprime Mortgages, New Financial Instruments, Collateralized Debt Obligations, Mortgage-backed Securities, Credit Default Swaps, Deregulation, Fiscal Policy Stimulus Package, Monetary Policy Stimulus Tools
Concepts:
Constitution, Incentives, Innovation, Private property, Taxation, Trade
Concepts:
Civil liberties, Economic freedom, Markets, Political freedom, Political rights
Concepts:
Benefit, Elections, Opportunity Cost
Concepts:
Competition, Economic stabilization, Externality, Income redistribution, Public goods and services, Social and legal framework
Concepts:
Government spending, Mandatory and discretionary spending, Fiscal policy
Concepts:
Futures Markets, Incentives, Public Opinion Polls
Concepts:
Excise Tax, Incentives, Income Tax, Property Tax
Concepts:
Inflation, Misery Index, Real GDP, Real GDP per capita, Unemployment Voting & Elections
Concepts:
Maintaining Competition, Monopoly, Property Rights, Regulation, Role of Government
Concepts:
Conflicts among values and principles, Normal goods, Role of government in a market economy, Scarcity
Concepts:
Average tax rate, Horizontal equity, Marginal tax rate, Progressive tax, Proportional tax, Regressive tax, Taxation, Vertical equity
Concepts:
Federalism, Incentives
Concepts:
Cost-benefit analysis, Government failure, Log-rolling, Rational ignorance, Special interest group effects
Concepts:
Barriers to trade, Economic sanctions, Exports, Imports, Regulation, Role of government, Trade
Concepts:
Due process of law, Property rights, Role of government, Takings clause
Concepts:
Economic freedom, GDP, Per capita income, Political freedom
Concepts:
Civil liberties, Security, Trade-offs, Incentives
Concepts:
Economic forecasting, GDP, Inflation, Unemployment
Concepts:
Immigration, Incentives, Markets
Concepts:
Capitalism, Economic rights, Freedom, Personal Rights, Political rights
Concepts:
Economic Wants, Business, Consumer, Entrepreneur, Goods, Services, Producer, Criteria, Opportunity Cost, Profit, Risk, Demand, Demand Curve, Law of Demand, Market Survey, Price, Sales Revenues, Capital Resources, Human Resources, Natural Resources, Productive Resources, Scarcity, Costs, Rent, Wages, Interest
Concepts:
Corporation, Partnership, Sole Proprietorship, Stockholders, Employee, Employer, Manager, Marketing, Business Savings, Dividend, Interest, Loan, Stock, Stockholder, Human Capital, Job Qualifications, Specialization, Assembly Line, Division of Labor, Interdependence, Labor Productivity, Production, Productivity, Quality Control
Concepts:
Advertising, Demand, Specialization, Packaging, Promotions, Market Price, Sale, Shortage, Surplus, Salesperson, Benefits of Exchange/Trade
Concepts:
Costs, Interest, Profit, Sales Revenues, Choice, Dividends, Opportunity Cost, Scarcity
Concepts:
Economic model, Facts, Fiduciary duty, Ideology, Moral hazard, Normative economics, Positive economics, Values
Concepts:
Fairness, Greed, Prudence, Rational behavior, Self-interest
Concepts:
Asymmetric information, Character, Competition, Duty, Enlightened self-interest, Fiduciary duty, Incentives, Moral hazard, Self-interest
Concepts:
Accountability, Cooperation, Courtesy, Discipline, Discrimination, Enterprise, Honesty, Incentives, Invisible hand, Market, Responsibility, Self-interest, Tolerance
Concepts:
Civic virtue, Coercion, Competition, Corruption, Efficiency, Markets, Scarcity, Self-interest
Concepts:
Competition, Duty-based ethics, Exploitation, Gresham's law, Human rights, Justice, Outcomes-based ethics, Virtue-based ethics
Concepts:
Demand, Duty-based ethics, Equilibrium price, Incentives, Outcomes-based ethics, Price ceiling, Supply, Virtue-based ethics
Concepts:
Allocative efficiency, Consumer welfare, Incentives, Normative economics, Positive economics, Productive efficiency, Welfare economics
Concepts:
Fiduciary duty, Principal-agent agreement, Profit, Shareholder, Social responsibility of business, Stakeholder
Concepts:
Economic inequality, Income, Fairness, Justice, Veil of ignorance, Wealth
Concepts:
Economic systems, Opportunity cost, Scarcity, Specialization and trade
Concepts:
Incentives, Private ownership, Tragedy of the commons
Concepts:
Economic freedom, Gross domestic product, Growth, Human capital, Incentives, Infrastructure, Investment, Physical capital, Private property rights
Concepts:
Exports, Gains from trade, Globalization, Imports, International trade, Specialization
Concepts:
Benefits, Choice, Costs, Incentives
Concepts:
Comparative advantage, Economic growth, Interdependence, Opportunity costs in production, Specialization, Trade, Decision Making/Cost-Benefit Analysis
Concepts:
Alternatives, Benefits, Costs, Taxation
Concepts:
Debt, Tariff, Tax, Trade
Concepts:
Money, Incentives, Innovation, Private property, Taxation, Trade
Concepts:
Division of labor, Productive resources, Productivity, Profit, Scarcity, Standard of living
Concepts:
Demand, Price, Supply
Concepts:
Entrepreneur, Incentives, Investment, Productive resources, Profit, Risk
Concepts:
Competition, Costs, Incentives, Specialization, Supply
Concepts:
Investment, Opportunity cost, Productive resources
Concepts:
Competition, Exchange
Concepts:
Financial intermediation, Fractional reserve banking, Medium of exchange, Money, Specialization and exchange
Concepts:
Benefits, Costs, Incentives, Opportunity costs
Concepts:
Alternative, Benefits, Costs
Concepts:
Alternatives, Benefits, Costs, Counterfactual, Economic growth, Inflation, Opportunity cost
Concepts:
Allocation, Benefits, Costs, Opportunity Cost
Concepts:
Economic growth, Incentives, Innovation, Institutions, Private property rights, Productivity, Profit
Concepts:
Benefits, Demand, Productive resources, Market, Supply, Trade, Wage
Concepts:
Capital, Costs of production, Division of labor, Economies of scale, Financial capital, Fixed costs, Mass production, Variable costs
-
Concepts:
Benefits, Costs, Entrepreneurs, Horizontal integration, Mass production, Property rights, Vertical integration
Concepts:
Cartel, Competition, Monopoly, Trusts
Concepts:
Economic growth, Gross national product (GNP), Incentives, Labor productivity, Opportunity cost, Specialization, Technological change
Concepts:
Deflation, Fixed cost, Gold standard, Index numbers, Inflation, Money
Concepts:
Bank, Bank reserves, Central banking system, Federal Reserve, Fractional Reserve Banking System, Money, Money panic
Concepts:
Cost, Competition, Demand, Government regulation, Incentives, Price, Supply
Concepts:
Business cycle, Demand, Federal Reserve System, Income, Money, Multiplier
Concepts:
Aggregate demand, Depression, Federal spending, Gross National Product (GNP), Income, Multiplier, Prices, Unemployment
Concepts:
Choice, Incentives, Rules of the economic system
Concepts:
Aggregate demand, Productive resources, Gross national product (GNP), Real gross national product
Concepts:
Choice, Incentive, Labor force, Labor force participation, Unemployment
Concepts:
Segregation, Boycott, Jim Crow laws, Average income
Concepts:
Aggregate demand, Cost-push inflation, Demand-pull inflation, Full employment, Monetary policy, Unemployment
Concepts:
incentives, Profit
Concepts:
Economic growth, Human capital, Incentives, Knowledge, Technology
Concepts:
Voluntary trade, Tariff, Gross domestic product (GDP), Unemployment
Concepts:
Economic institutions, Barriers to trade, Voluntary exchange, Specialization, Factor endowments, Gains from trade
Concepts:
Absolute advantage, Comparative advantage, Opportunity cost, Production possibilities table
Concepts:
Comparative advantage, Productive resources, Specialization, Exports, Imports, Human capital
Concepts:
Culture, Gains from trade, Voluntary exchange, Interdependence
Concepts:
Exports, Imports, Trade, Comparative advantage
Concepts:
Culture, Gains from trade, Voluntary exchange, Interdependence
Concepts:
Externalities, External costs, GDP, GDP per capita, Developed countries, Developing countries, Pollution havens, Market-based policies for, environmental quality
Concepts:
Human capital, Skilled workers, Unskilled workers, Emigration, Immigration, Brain drain
Concepts:
Globalization, Globalization index (GI), International trade, Economic growth, Index numbers, GDP per capita, Human development index (HDI), Human poverty index (HPI-1), Standard of living
Concepts:
Barriers to trade (tariffs, quotas, and subsidies), Competition, Special interest issues, Trade adjustment assistance, Imports, Exports, Domestic price, World price, Outsourcing, Offshoring
Concepts:
Closed economy, Open economy, Tariff, Quota, Subsidy, Opportunity cost, Comparative advantage
Concepts:
Balance of payments, Current account, Financial account, Balance of trade, Credits, Debits, Exports, Imports, Investment, Saving
Concepts:
Goods and Services, Productive Resources, Production, Natural Resources, Human Resources, Capital Resources, Energy Resources, Scarcity, Price, Relative Scarcity, Opportunity Cost, Trade-off,
Concepts:
Scarcity, Price, Value, Market Price, Recycle, Productive Resources, Public vs. Private Ownership, Profit, Incentives, Opportunity Cost, Trade-offs
Concepts:
Scarcity, Opportunity Cost, Trade-off, Capital Resources, Price
Concepts:
Price, Trade-off, Consumers, Imports, Producers, Scarcity, Productive Resources, Economic Efficiency, Recycle
Concepts:
Scarcity, Goods and Services, Producers, Consumers, Productive Resources, Opportunity Cost, Marginal Costs/Marginal Benefits, Incentives, Property rights, Role of Government
Concepts:
Scarcity, Goods and Services, Producers, Consumers, Productive Resources, Opportunity Cost, Marginal Costs/Marginal Benefits, Incentives, Property rights, Role of Government
Concepts:
Scarcity, Opportunity Cost, Marginal Costs/Marginal Benefits, Goods and Services, Incentives, Role of price in market system, Property rights, Role of government
Concepts:
Scarcity, Producers, Productive Resources, Opportunity Cost, Marginal Costs/Marginal Benefits, Goods and Services, Incentives, Markets, Role of price in market system, Property Rights, Profit, Entrepreneur, Role of Government
Concepts:
Scarcity, Producers, Opportunity Cost, Marginal Costs/Marginal Benefits, Incentives, Role of price in market system, Property Rights, Profit, Entrepreneur, Role of Government, unemployment, inflation
Concepts:
Scarcity, Opportunity Cost, Marginal Costs/Marginal Benefits, Incentives, Property Rights, Role of Government
Concepts:
Capital resources (goods), Human resources, Natural resources, Productive resources
Concepts:
Human resources, Natural resources, Opportunity cost, Scarcity
Concepts:
Government-provided goods and services, Private goods and services, Taxes
Concepts:
Income tax, Property tax, Sales tax, Taxes
Concepts:
Capital goods (resources), Human resources, Intermediate goods, Loss, Natural resources, Profit, Total cost, Total revenue, Unit cost
Concepts:
Entrepreneur, Innovation, Invention, Profit, Revenue
Concepts:
Human resources, Production, Productivity, Specialization of labor, Specialization of production
Concepts:
Competition, Price
Concepts:
Borrowing, Income, Interest, Saving
Concepts:
Characteristics of money, Money
Concepts:
Consumers, Law of demand, Price
Concepts:
Consumers, Goods, Producers, Services
Concepts:
Circular flow, Consumers, Producers
Concepts:
Interdependence, Specialization, Trade
Concepts:
Productive Resources, Human Resources, Specialization, Natural Resources, Capital Resources
Concepts:
Natural Resources, Scarcity, Economic Wants, Price
Concepts:
Scarcity, Productive Resources
Concepts:
Goods, Income, Choices, Services, Wage, Entrepreneur, Profit
Concepts:
Specialization, Interdependence, Division of Labor, Productive Resources, Market
Concepts:
Unit Production, Assembly Line, Interdependence, Specialization, Division of Labor, Productivity
Concepts:
Choices, Scarcity, Human Resources, Capital Resources, Opportunity Cost, Productive Resources, Natural Resources
Concepts:
Specialization, Opportunity Cost, Savings, Investing
Concepts:
Jobs, Workers, Taxes, Wages, Services, Government, Producers
Concepts:
Productive Resources, Market Price, Interdependence, Supply & Demand, Raw Materials
Concepts:
Saving, Spending, Delayed Benefits, Goods and Services
Concepts:
Goods, Services, Raw materials, Consumers, Producers, Market, Productive resources (natural, human, capital)
Concepts:
Natural Resources, Capital Resources, Human Capital, Interdependence, Productive Resources, Human Resources, Investment, Interdependence
Concepts:
Human Resources, Savings, Scarcity, Wages, Consumers, Opportunity Cost
Concepts:
Demand/Supply, Income, Scarcity, Market Price, Profit, Money, Inflation
Concepts:
Natural Resource, Human Resources, Capital Resources, Scarcity, Trade-Offs
Concepts:
Scarcity, Savings, Price, inflation, Goods and Services, Opportunity Cost, Interdependence
Concepts:
Natural Resources, Scarcity, Opportunity Cost, Barter, Trade, Interdependence
Concepts:
Taxes, Specialization, Capital Resources, Scarcity, Opportunity Cost
Concepts:
Scarcity, Natural Resources, Opportunity Cost, Entrepreneur
Concepts:
Entrepreneur, Saving/Investing, Competition, Price, Capital Resources, Insurance, Advertising, Profit, Specialization, Human Capital
Concepts:
Natural Resources, Human Resources, Scarcity, Trade, Division of Labor, Capital Resources, Specialization, Conservation
Concepts:
Conservation, Productive Resources, Boycott, Role of Government, Scarcity, Price, Productivity
Concepts:
Productive Resources, Government Agencies, Specialization, Scarcity, Taxes, Public Goods
Concepts:
Resources, Productivity, Services, Productive Resources, Natural Resources, Raw Materials, Human Resources, Capital Resources, Goods, Scarcity
Concepts:
Opportunity Cost, Consumers, Producers
Concepts:
Production
Concepts:
Division of Labor
Concepts:
Money, Barter, Transaction Costs, Scarcity
Concepts:
Market Economy, Price
Concepts:
Wage, Savings, Supply, Demand, Interest Rate, Security
Concepts:
Role of Government, Maintaining Competition, Public Goods, Externalities, Income, Fiscal Policy, Gross Domestic Product, Transfer Payments, Taxes
Concepts:
Profits, Corporations, Savings, Bonds, Stock Markets, Entrepreneurship
Concepts:
Legal and Social Framework, Mortgage, Borrower, Interest, Labor Union, Legal Forms of Business, Legal Foundations of a Market Economy, Nonprofit Organization, Property Rights, Banking, Externalities, Income, Natural Monopoly, Redistribution of Income, Role of Government, Taxation, Transfer Payments, Bonds, Distribution of Income, Income Tax, Maintaining Competition, Monopolies, Negative Externality, Non-clearing Markets, Positive Externality, Property Rights, Public Goods, Maintaining Regulation, Taxes, Regulation, Government Expenditures, Government Revenues
Concepts:
Legal and Social Framework, Mortgage, Borrower, Interest, Labor Union, Legal Forms of Business, Legal Foundations of a Market Economy, Nonprofit Organization, Property Rights, Banking
Concepts:
Market Structure, Non-price Competition, Levels of Competition, Cost/Benefit Analysis, Benefit, Costs, Special Interest Group, Barriers to Trade
Concepts:
Capital Resources, Choice, Consumer Economics, Consumers, Goods, Human Resources, Natural Resources, Opportunity Cost, Producers, Production, Productive Resources, Scarcity, Services, Wants, Entrepreneurship, Inventors, Entrepreneur, Factors of Production, Decision Making, Profit Motive, Benefit, Costs, Marginal Analysis, Profit, Profit Maximization, Cost/Benefit Analysis
Concepts:
Types of Unemployment, Causes of inflation, Consumer Price Index (CPI), Deflation, Labor Force, Unemployment, Unemployment Rate, Inflation, National Debt, Tools of the Federal Reserve, Discount Rate, Federal Budget, Fiscal Policy, Monetary Policy, Open Market Operations, Reserve Requirements, Budget, Budget Deficit, Central Banking System, Budget Surplus
Concepts:
Externalities, Income, Natural Monopoly, Redistribution of Income, Role of Government, Taxation, Transfer Payments, Bonds, Distribution of Income, Income Tax, Maintaining Competition, Monopolies, Negative Externality, Non-clearing Markets, Positive Externality, Property Rights, Public Goods, Maintaining Regulation, Taxes, Regulation, Government Expenditures, Government Revenues, Cost/Benefit Analysis, Benefit, Costs, Special Interest Group, Barriers to Trade
Concepts:
Market Structure, Non-price Competition, Levels of Competition, Externalities, Income, Natural Monopoly, Redistribution of Income, Role of Government, Taxation, Transfer Payments, Bonds, Distribution of Income, Income Tax, Maintaining Competition, Monopolies, Negative Externality, Non-clearing Markets, Positive Externality, Property Rights, Public Goods, Maintaining Regulation, Taxes, Regulation, Government Expenditures, Government Revenues, Cost/Benefit Analysis, Benefit, Costs, Special Interest Group, Barriers to Trade
Concepts:
Barriers to Trade, Barter, Exports, Imports, Voluntary Exchange, Exchange, Exchange Rate, Division of Labor, Production, Productive Resources, Specialization, Factor Endowments, Gains from Trade, Relative Price, Transaction Costs, Factors of Production, Full Employment, Cost/Benefit Analysis, Benefit, Costs, Special Interest Group
Concepts:
Choice, Opportunity cost
Concepts:
Consumers, Incentives, Law of Demand, Law of Supply, Price, Producers
Concepts:
Scarcity, Allocation
Concepts:
Incentives, Monetary incentives, Non-monetary incentives
Concepts:
Allocation methods, Cost/benefit analysis
Concepts:
Labor force, Frictional unemployment, Structural unemployment, Cyclical unemployment, Seasonal unemployment, Unemployment rate, Discouraged worker
Concepts:
Economics, Budgeting, Complementary goods and services, Consumers, Goods and services, Mathematics, Basic operations, Problem solving
Concepts:
Economics, Choice, Decision making, Opportunity cost, Mathematics, Data organization and display, Fractions, Reading a data table, Simple mathematical models
Concepts:
Economics, Benefits of trade, Economic wants, Trade/Exchange, Mathematics, Estimation, Mean, Median, Reading number lines (temperature)
Concepts:
Economics, Benefits, Budgeting, Choice, Costs, Mathematics, Estimation, Whole-number operations
Concepts:
Economics, Capital good, Division of labor, Human capital, Input, Output, Physical capital, Productivity, Specialization, Mathematics, Multiplication of whole numbers, Multiplication and division terminology, Factor, Product, Divisor, Dividend, Quotient
Concepts:
Economics, Costs of production, Entrepreneur, Profit and loss, Revenue, Mathematics, Addition of decimals, Equations, Inequalities, Subtraction and multiplication of decimals
Concepts:
Economics, Barter, Intermediate goods, Productive resources (natural resources capital goods and human resources), Trade, Mathematics, Equilateral, Geometry as related to two- and three-dimensional shapes, Metric measurement, Platonic solids, Tetrahedron, Vertex
Concepts:
Economics, Demand, Law of demand, Mathematics, Decimals, Line graphs, Operations
Concepts:
Economics, Alternatives, Choice, Goods, Opportunity cost, Services
Concepts:
Economics, Capital goods (resources), Human resources, Intermediate goods, Natural resources, Productive resources, Mathematics, Fractions
Concepts:
Economics, Interest, Interest rate, Opportunity cost, Saving, Mathematics, Decimal, Percent, Problem solving, Using a formula
Concepts:
Economics, Bartering, Exchange rate, Medium of exchange, Money, Trade, Mathematics, Decimals, Fractions, Multiplication, Problem solving, Ratios
Concepts:
Benefits, Choice, Costs, Incentives
Concepts:
Incentives, Private property
Concepts:
Choice, Incentives, Property rights
Concepts:
Choice, External cost, Incentives, Opportunity cost
Concepts:
Marginal benefit, Marginal cost
Concepts:
Anticipated benefits, Anticipated costs, Incentives
Concepts:
Incentives, Private property rights
Concepts:
Benefits, Incentives, Opportunity cost
Concepts:
Incentive, Price, Supply
Concepts:
Benefit, Cost, Externality
Concepts:
Competition, Incentives, Private property rights, Productivity
Concepts:
Benefit, Choice, Cost, Incentives
Concepts:
Incentives, Private property ownership, Profits
Concepts:
Choice, Cost, Incentives, Price
Concepts:
Benefits, Costs, Incentives, Private property, Profits, Voluntary exchange
Concepts:
Avoiding risk, Decision making, Insurance, Opportunity cost, Premium, Probability, Reducing risk, Retaining risk, Risk, Sharing risk, Transferring risk
Concepts:
Beneficiary, Cash-value life-insurance policy, Endowment policy, Face value, Limited-payment policy, Term-life insurance, Whole-life policy
Concepts:
Bodily-injury liability coverage, Collision coverage, Comprehensive coverage, Deductible, Fault insurance, Financial-responsibility law, Liability, Medical-payments coverage, No-fault insurance, Personal-injury coverage, Property-damage liability coverage, Uninsured and underinsured, motorist coverage
Concepts:
Cash-value coverage, Deductible, Depreciation, Landlord, Liability, Renter's insurance, Replacement-cost coverage, Tenant
Concepts:
Decimal, Diversification, Fraction, Mixed number, Stock, Whole number
Concepts:
Decimal, Face value, Interest, Interest rate, Percent, Savings account, U.S. Savings Bond
Concepts:
Bank, Income, Interest, Loan, Profit
Concepts:
Budget, Expenses, Fixed expenses, Human capital, Income, Variable expenses
Concepts:
Productive resources, Natural resources, Human resources, Capital goods (resources), Scarcity
Concepts:
Economics, Opportunity cost, Production possibilities schedules
Concepts:
Economics, Gross domestic product, Gross domestic product per capita, Standard of living, Labor productivity, Human capital, Intermediate goods
Concepts:
Economics, Costs, Benefits, Decision making
Concepts:
Gross domestic product, Gross domestic product per capita, Standard of living, Economic freedom
Concepts:
Productivity, Production possibilities, Opportunity cost, Absolute advantage, Comparative advantage , Specialization
Concepts:
Productive resources, Capital goods (resources), Human resources, Opportunity cost
Concepts:
Technological change, Productivity, Capital goods (resources), Human capital, Standard of living
Concepts:
Least-costly alternative, Incentive
Concepts:
Income, Gift money, Work skills (human capital), workers (producers)
Concepts:
Economic wants, Goods, Services, Entrepreneurs, Productive resources (natural capital and human resources), Work skills (human capital), Income
Concepts:
Money, Economic wants, Coins, Paper money, The value of money, Functions of money, Choices, Work skills (human capital)
Concepts:
Alternatives, Benefits, Costs, Choice, Decisions, Opportunity cost, Spending, Saving
Concepts:
Economic wants, Choices, Opportunity cost, Money, Spending, Saving, Savings accounts, Banks, Deposits, Withdrawals
Concepts:
Scarcity, Choice, Opportunity cost, Banking, Deposits, Withdrawals, Saving, Spending, Money
Concepts:
Product markets, Factor markets, Allocative efficiency, Circular flow model, Shortage, Surplus, Market prices, Law of demand, Law of supply
Concepts:
Private property, Communal property, Intellectual property, Market economy, Incentives, Legal foundations of a market economy, Contracts
Concepts:
Corporations, Partnerships, Sole proprietorships, Limited liability, Principal-agent problems, Economic institutions, Economies of scale
Concepts:
Saving, Investment, Financial institutions, Interest rate, Financial/personal investment, Primary market, Secondary market, Economic growth, Technological change
Concepts:
Collusion, Oligopoly, Antitrust legislation and enforcement, Economies of scale, Mergers (horizontal vertical and conglomerate), Herfindahl-Hirshman Index, Concentration ratios
Concepts:
Government regulation, Costs, Benefits, Cost-Benefit analysis
Concepts:
Non-rival products, Non-excludable products, Pure private goods and services, Pure public goods and services, External benefits and costs, Free riding
Concepts:
Government expenditures, Taxes, Progressive tax and expenditure programs, Proportional tax and expenditure programs, Regressive tax and expenditure programs, Marginal tax rates
Concepts:
Investment in human capital, Factor income, Functional distribution of income, Personal distribution of income
Concepts:
Unemployment, Inflation, Fiscal policy, Automatic stabilizers, Monetary policy, Central banks, Discount rate, Reserve requirement, Open market operations
Concepts:
International economic institutions, Gains from trade, Tariffs, Public goods, Market failures, Monetary policy, Property rights, Competition
Concepts:
Social capital, Incentives
Concepts:
Barter, Goods, Services
Concepts:
Government goods, Government services, Private goods, Private services, Taxes
Concepts:
Labor productivity, Human capital, Technological change, Capital goods
Concepts:
Income, Tax, Federal tax revenue, Payroll tax, Federal expenditures, Personal income tax
Concepts:
Scarcity, Productive resources, Opportunity cost
Concepts:
Private goods, Private services, Public goods, Public services, Non-exclusion, Shared consumption, Free-rider, Taxes
Concepts:
Choice, Economic systems, Future consequences, Incentives, Opportunity cost, Voluntary trade
Concepts:
Alternatives, Choice, Scarcity
Concepts:
Distribution, Economics, Production, Resources, Scarcity
Concepts:
Alternatives, Choices, Economizing behavior, Scarcity
Concepts:
Choices, Incentives, Interdependence
Concepts:
Choice, Command economy, Economic systems, Market economy, Incentives
Concepts:
Choice, Competition, Consumer surplus, Demand, Incentives, Market-clearing price or equilibrium price, Markets, Producer surplus, Supply
Concepts:
Demand, Determinants of demand, Price
Concepts:
Determinants of supply, Incentive, Price, Supply
Concepts:
Demand, Equilibrium price, Quantity demanded, Quantity supplied, Shortage, Supply, Surplus
Concepts:
Benefits, Choice, Costs, Incentives, Price, Substitutes
Concepts:
Choice, Incentives, Price, Price elasticity, Substitutes
Concepts:
Complements, Invisible hand of the marketplace, Markets and prices, Secondary effects, Substitutes, Supply and demand
Concepts:
Price ceiling, Price floor, Secondary effects, Shortages, Surpluses
Concepts:
Choice, Economic system, Future consequences, Human capital, Incentives, Opportunity cost, Voluntary trade
Concepts:
Choice, Inflation, Interest, Investment, Loanable funds market, Purchasing power, Real interest, Savings
Concepts:
Budget, Choice, Diminishing marginal utility, Income, Marginal analysis, Price, Substitute, Utility
Concepts:
Choice, Debt, Economic wants, Income, Interest, Secured debt, Unsecured debt
Concepts:
Capital, Entrepreneurship, Human capital, Income, Labor, Land, Profit
Concepts:
Choice, Competition, Economic system, Future consequences, Incentives, Market economy, Opportunity cost, Voluntary trade
Concepts:
Law of diminishing marginal returns, Productivity, Specialization
Concepts:
Barriers to entry, Collusion, Competition, Concentration ratio, Monopoly, Monopolistic competition, Non-price competition, Oligopoly
Concepts:
Incentive, Marginal analysis, Marginal cost, Marginal revenue, Profit, Total cost, Total revenue
Concepts:
Choice, Economic system, Externalities, Future consequences, Government failure, Incentives, Market failure, Opportunity cost, Voluntary trade
Concepts:
Market economy
Concepts:
Free rider, Non-exclusion, Public good, Private good, Shared consumption
Concepts:
Competition, Incentives, Interest group
Concepts:
Choice, Incentives, Rational ignorance
Concepts:
Incentives, Substitutes, Taxes
Concepts:
Causes of income inequality, Income inequality, Poverty
Concepts:
Choice, Employment rate, Incentives, Labor force, Unemployment rate
Concepts:
Effects of inflation, Hyperinflation, Inflation
Concepts:
Consumption, Exports, Gross domestic product (GDP), Government spending on goods and services, Imports, Investment, Net exports
Concepts:
Federal Reserve, Fractional reserve banking system, Money, Monetary policy, Money supply
Concepts:
Contractionary fiscal policy, Crowding out (optional), Expansionary fiscal policy, Fiscal policy, Multiplier effects, Supply-side fiscal policy
Concepts:
Bonds, Budget deficit, Budget surplus, National (public) debt
Concepts:
Aggregate demand, Aggregate supply, Assumptions, Fiscal policy, Keynesian theory, Monetarist theory, Monetary policy, New Classical theory, Rational Expectations theory
Concepts:
Aggregate demand and shifting, Aggregate supply and shifting, Fiscal policy, Macroeconomic equilibrium, Monetary policy, Price level, Real gross domestic product
Concepts:
Choice, Economic system, Future consequences, Incentives, Opportunity cost, Voluntary trade
Concepts:
Benefits, Costs, Incentives, Trade
Concepts:
Comparative advantage, Opportunity cost, Specialization, Trade
Concepts:
Demand, Exchange rate, Foreign exchange markets, Supply
Concepts:
Economic growth, Economic development, Natural resources, Physical capital, Productivity, Property rights, Saving and investment policy, Trade
Concepts:
Incentives, Markets, Private property ownership, Scarcity, Tragedy of the commons
Concepts:
Balance of payments, Capital account, Current account, Deficit, Surplus
Concepts:
Barriers to trade, Benefits of trade, Incentives, Trade, Voluntary exchange, (Optional) Utility
Concepts:
Allocation, Choices, Economic systems, Economizing behavior, Opportunity cost, Scarcity
Concepts:
Choice, Economic reasoning, Incentives, Opportunity cost
Concepts:
Competition, Free enterprise, Limited government, Private property (property rights), Self-interest, System of markets and prices
Concepts:
Externality, Market failure, Private-property rights, Public goods, Role of government in a market economy
Concepts:
Diminishing marginal returns, Diminishing marginal utility, Marginal analysis, Marginal benefits and marginal costs, Opportunity cost, Scarcity, Specialization and division of labor
Concepts:
Demand, Market, Market-clearing price, equilibrium price, Shortage, Supply, Surplus
Concepts:
Investment in capital goods, Investment in human capital, Productivity, Specialization and division of labor
Concepts:
Costs of production, Loss, Profit, Total revenue
Concepts:
Circular flow, Interdependence, Productive resources (natural human capital), Resource payments (wages and salaries rent interest profit)
Concepts:
Federal Reserve System, Functions of money, Inflation, Monetary policy, Money, MV = PQ
Concepts:
Contractionary fiscal policy, Expansionary fiscal policy, Fiscal policy, Multiplier effects, Supply-side fiscal policy, (Optional) Crowding out
Concepts:
Absolute advantage, Barriers to trade, Comparative advantage, Opportunity cost, Specialization, Voluntary trade
Concepts:
Exchange rates, Fixed exchange rates, Flexible (floating) exchange rates, Foreign-exchange markets, Supply and demand for foreign currency
Concepts:
Natural resources, Capital goods, Human resources, Scarcity, Opportunity cost
Concepts:
Exchange, Specialization
Concepts:
Productive resources, Exchange, Specialization, Interdependence, Benefits of trade
Concepts:
Voluntary exchange, Interdependence, Standard of living
Concepts:
Productive resources, Economic system, Natural resources, Human resources, Capital goods, Human capital, Investment in human capital, Gross domestic product, Per capita gross domestic product
Concepts:
Exchange, Imports, Exports
Concepts:
Exchange, Specialization, Opportunity cost, Comparative advantage
Concepts:
Imports, Exports, Trade Barriers, Tariff, Quota, Embargo, Subsidy, Standard, Specialization
Concepts:
Trade barriers, Special interest groups, Interdependence, Cost-benefit analysis
Concepts:
Foreign exchange, Exchange rate, Currency appreciation, Currency depreciation
Concepts:
Markets, Circular flow, International trade, Imports, Exports, Currency exchange
Concepts:
Productive Resources, Human Resources, Natural Resources, Capital Goods (Capital Resources), Intermediate Goods
Concepts:
Productive Resources, Human Resources, Natural Resources, Capital Goods (Capital Resources), Intermediate Goods
Concepts:
Productive Resources, Human Resources, Natural Resources, Capital Goods (Capital Resources), Intermediate Goods (Ingredients)
Concepts:
Invention, Innovation, Economic Value, Entrepreneur
Concepts:
Producers, Productive Resources, Human Resources, Natural Resources, Capital Goods (Capital Resources), Intermediate Goods
Concepts:
Human Resources, Goods, Services, Income
Concepts:
Gross domestic product (GDP), Price, Exchange rates, Currency
Concepts:
Exchange rates, Foreign exchange market, Currency
Concepts:
Income, Price, Wage
Concepts:
Inflation, Price, Wage
Concepts:
Competition
Concepts:
Interest, Interest rate, Cost/benefit analysis, Costs, Benefit, Choice
Concepts:
Benefit, Costs, Cost/benefit analysis, Opportunity cost, Choice, Decision making
Concepts:
Human capital
Concepts:
Budget, Labor market, Labor
Concepts:
Markets, Supply, Demand, Equilibrium price
Concepts:
Markets, Supply, Demand, Equilibrium price
Concepts:
Budget, Taxes, Government revenue, Budget surplus, Government expenditures
Concepts:
Barter, Goods, Market economy, Services
Concepts:
Benefit, Consumer, Cost, Economy, Exchange, Market
Concepts:
Economic value, Human capital, Knowledge, Skills, Worker
Concepts:
Choice, Consumer, Economy, Human capital, Market economy
Concepts:
Alternative, Economic want, Opportunity cost, Scarcity, Cost
Concepts:
Benefit, Cost, Opportunity cost
Concepts:
Opportunity cost, Scarcity
Concepts:
Benefits, Choice, Costs
Concepts:
Choice, Preferences
Concepts:
choices, decision making
Concepts:
Consequence, Alternatives, Choice
Concepts:
choices, decision making, human capital
Concepts:
Disincentive, Incentive
Concepts:
Alternative, Choice, Consequence
Concepts:
Benefits, Choice
Concepts:
Alternative, Choice, Opportunity cost, Scarcity, Value
Concepts:
Benefit analysis, Cost analysis, Benefits, Costs
Concepts:
Benefit, Cost
Concepts:
Negative incentive, Positive incentive
Concepts:
Positive incentives, Negative incentives
Concepts:
Division of labor, Human capital, Production, Productivity, Specialization
Concepts:
Capital goods, Human capital, Productivity
Concepts:
Labor force
Concepts:
Transferable skills, Benefit, Cost, Productivity
Concepts:
Entry-level job
Concepts:
Benefits, Costs, Entry-level job
Concepts:
Derived demand, Entrepreneurship, Labor intensive, Technology
Concepts:
Benefit, Cost, Disincentive, Human capital, Incentive
Concepts:
Benefits, Costs
Concepts:
Goal, Benefit, Cost
Concepts:
Economic wants, Goods, Services
Concepts:
Consumer,
-Economic wants
Concepts:
Goods,
-Natural resources,
-Services
Concepts:
Capital good,
-Goods,
-Human capital,
-Human resource,
-Services
Concepts:
Capital goods (resources),
-Human resources
Concepts:
Producer;
-Productive resources;
-Natural resources;
-Human resources;
-Capital goods;
-Scarcity
Concepts:
Alternative,
-Choice,
-Consumer,
-Costs and benefits,
-Opportunity cost,
-Producer
Concepts:
Human resource,
-Interdependence,
-Specialization
Concepts:
Barter,
-Exchange,
-Money
Concepts:
Goods,
-Services,
-Markets
Concepts:
Abuelo, Barter, Benefits, Costs, Dodecagon, Human capital, Natural resources, Physical capital, Polygon, Produce, Production, Resources, Work ethic
Concepts:
Human capital, Navigation, Physical capital, Specialist, Technology
Concepts:
Entrepreneurs, Human capital, Income, Natural resources, Physical capital, Producer
Concepts:
Alternative, Benefit, Choice, Cost, Emigrate, Immigrate, Indenture, Primogeniture, Risk
Concepts:
Blacksmith, Consumer, Demand, Goods and services, Human capital, Incentives, Income, Producer, Productive resources, Wrought iron
Concepts:
Circular flow model, Consumer, Consumer/household sector, Goods and services, Human capital, Income, Producer, Producer/business sector, Product market, Resource, Resource market, Revenue
Concepts:
Derived demand, Goobers, Goods and services, Human capital, Invention, Inventor, Natural resources, Physical capital, Productive resources, Sharecropper, Tenant farmer, Wants
Concepts:
Average cost, Consumer, Cost, Fixed cost, Physical capital, Price, Producer, Production, Profit, Variable cost
Concepts:
Entrepreneurship, Human capital, Industrial Revolution, Invention, Physical capital, Production, Technology
Concepts:
Division of labor, Homestead, Human capital, Interdependence, Produce, Specialization
Concepts:
Human capital, Interdependence, Produce, Service
Concepts:
Compact, Incentive, Interdependence, Produce
Concepts:
Goal, Human capital, Interdependence, Priority
Concepts:
Character trait, Cost, Creativity, Curiosity, Goal, Incentives, Motivation, Obstacle, Persistence, Problem solving
Concepts:
Creativity, Entrepreneur, Goal, Incentives, Motivation, Persistence, Problem solving
Concepts:
Demand, Law of demand, Quantity demanded
Concepts:
Supply, Law of supply, Quantity supplied
Concepts:
Equilibrium price, Quantity demanded, Quantity supplied, Surplus
Concepts:
Supply, Demand
Concepts:
Supply, Demand, Economic efficiency, Taxation
Concepts:
Elasticity, Price elasticity of demand
Concepts:
Scarcity, Choice, Opportunity cost, Efficiency, Economic growth
Concepts:
Total cost, Fixed costs, Variable costs, Marginal cost, Law of diminishing marginal returns
Concepts:
Total profit, Total revenue, Total cost, Profit, Price, Quantity, Marginal revenue, Marginal cost
Concepts:
Decision making
Concepts:
Compound interest
Concepts:
Total cost, Variable costs, Fixed costs, Opportunity cost
Concepts:
Taxes
Concepts:
Compound interest
Concepts:
Interest
Concepts:
Scarcity
Concepts:
Alternatives, Goal, Obstacle
Concepts:
Advantage, Consequence, Disadvantage
Concepts:
Choice, Responsibility
Concepts:
Opportunity cost
Concepts:
Decision making, Goal, Re-evaluate
Concepts:
Good, Service, Work, Worker
Concepts:
Work, Worker
Concepts:
Alternative, Human capital, Knowledge, Skill
Concepts:
Human capital, Investment in human capital, Knowledge, Skills
Concepts:
Entrepreneur, Entrepreneurship, Human capital, Land resources, Physical capital, Resources
Concepts:
Intermediate goods, Inputs, Output, Production, Production plan
Concepts:
Creativity, Improve
Concepts:
Practice
Concepts:
Lesson plan
Concepts:
Alternative, Choice, Consequence, Consumer, Entrepreneur, Human capital, Innovation, Interdependence, Invention, Interview, Opportunity cost, Physical capital, Production, Work
Concepts:
Market
Concepts:
Labor market
Concepts:
Broad Social Goals (Efficiency Equity Freedom Growth Stability), Command Economy, Market Economy
Concepts:
Resource Allocation, Market Economy, Command Economy
Concepts:
Property Rights, Tragedy of the Commons, Coase Theorem
Concepts:
Economic Institutions, Market Economy, Command Economy, Economic Freedom, Property Rights
Concepts:
Scarcity, Market Economy, Command Economy, Resource Allocation, Technology
Concepts:
Role of Government, Command Economy, Market Economy, Market Economy
Concepts:
Benefits of Trade, Restrictions on Trade (Tariffs Non-tariff barriers Import Quotas Voluntary Export Restrictions), Public Choice Theory, Special Interest Groups
Concepts:
Inflation, Monetary Policy, Central Bank
Concepts:
Labor Force, Labor Productivity, Unemployment, Underemployment
Concepts:
Economic Growth, Productivity, Property Rights, Saving and Investment, Physical Capital and Human Capital, Natural Resources, Trade
Concepts:
Incentive, Externality
Concepts:
Lorenc Curve, Income Distribution, Gini Coefficient, Government Redistribution Policies
Concepts:
Barter, Exchange, Money
Concepts:
Productive resources, Income, Productivity
Concepts:
GDP, Consumer goods, Investment goods, Government spending
Concepts:
Productive resources, Command economy, Market economy, Basic economic questions
Concepts:
Voluntary exchange, Imports, Exports, Tariff, Quota
Concepts:
Economic growth, Labor productivity
Concepts:
Decision Making/Cost-Benefit Analysis
Concepts:
Decision Making/Cost-Benefit Analysis, Incentives
Concepts:
Decision Making/Cost-Benefit Analysis, Incentives
Concepts:
Decision Making/Cost-Benefit Analysis
Concepts:
Markets and Prices, Productive Resources, Profit
Concepts:
Markets and Prices, Profit
Concepts:
Markets and Prices, Profit
Concepts:
Decision Making/Cost-Benefit Analysis
Concepts:
Property Rights
Concepts:
Saving and Investing
Concepts:
Trade Exchange and Interdependence
Concepts:
Property Rights
Concepts:
Decision Making/Cost-Benefit Analysis
Concepts:
Property Rights, Trade Exchange and Interdependence
Concepts:
Profit
Concepts:
Profit, Saving and Investing
Concepts:
Incentives, Profit
Concepts:
Incentives, Productivity
Concepts:
Decision Making/Cost-Benefit Analysis, Incentives, Markets and Prices
Concepts:
Decision Making/Cost-Benefit Analysis, Government Failures/Public-Choice Analysis
Concepts:
Incentives
Concepts:
Decision Making/Cost-Benefit Analysis, Opportunity Cost
Concepts:
Government Failures/Public-Choice Analysis
Concepts:
Economic Systems
Concepts:
Benefits of Trade/Comparative Advantage, Voluntary Exchange
Concepts:
Decision Making/Cost-Benefit Analysis, Incentives
Concepts:
Incentives, Money
Concepts:
Demand, Elasticity of Demand
Concepts:
Demand, Markets and Prices, Supply
Concepts:
Decision Making/Cost-Benefit Analysis
Concepts:
Decision Making/Cost-Benefit Analysis, Human Capital, Incentives
Concepts:
Incentives, Profit
Concepts:
Incentives, Property Rights
Concepts:
Government Failures/Public-Choice Analysis, Incentives, Roles of Government
Concepts:
Price Ceilings and Floors
Concepts:
Government Failures/Public-Choice Analysis
Concepts:
Opportunity Cost, Scarcity
Concepts:
Government Failures/Public-Choice Analysis
Concepts:
Government Failures/Public-Choice Analysis
Concepts:
Decision Making/Cost-Benefit Analysis, Government Failures/Public-Choice Analysis
Concepts:
Government Failures/Public-Choice Analysis
Concepts:
Price Ceilings and Floors
Concepts:
Government Failures/Public-Choice Analysis, Incentives
Concepts:
Opportunity Cost, Scarcity
Concepts:
Incentives, Markets and Prices
Concepts:
Price Ceilings and Floors
Concepts:
Government Failures/Public-Choice Analysis, Price Ceilings and Floors
Concepts:
Property Rights
Concepts:
Government Failures/Public-Choice Analysis
Concepts:
Decision Making/Cost-Benefit Analysis
Concepts:
Property Rights
Concepts:
Government Failures/Public-Choice Analysis, Property Rights
Concepts:
Business, Community, Interdependence, Marketplace, Services
Concepts:
Capital resources, Economic wants, Goods, Human resources, Natural resources, Resources, Services
Concepts:
Capital resources, Economic wants, Goods, Human resources, Natural resources, Resources, Services
Concepts:
Capital resources, Economic wants, Goods, Human resources, Natural resources, Resources, Services
Concepts:
Business, Community, Consumer, Goods, Marketplace, Producer, Services
Concepts:
Business, Economic wants, Goods, Services
Concepts:
Business, Community, Goods, Interdependence, Marketplace, Services, Economic wants
Concepts:
Consumer, Choice, Marketplace, Opportunity cost, Producer
Concepts:
Business, Choice, Interdependence
Concepts:
Choice, Opportunity cost, Price
Concepts:
Producer, Specialization
Concepts:
Community, Goods, Marketplace, Services
Concepts:
Community, Goods, Marketplace, Production, Services
Concepts:
Business, Consumer, Opportunity cost, Producer, Production, Resources
Concepts:
Business, Consumer, Entrepreneur, Marketplace, Market survey, Partnership, Price, Profit
Concepts:
Consumer, Market survey, Profit, Resources, Sales
Concepts:
Credit, Credit fee, Price
Concepts:
Business, Credit, Interest, Loan
Concepts:
Business, Credit, Interest, Loan
Concepts:
Human resources, Productivity, Specialization, Interdependence
Concepts:
Human resources, Productivity, Specialization
Concepts:
Human resources, Interdependence, Productivity, Specialization
Concepts:
Advertising, Business, Demand
Concepts:
Choice, Credit, Interest, Investment, Loan, Opportunity cost, Profit
Concepts:
Alternatives, Criteria, Opportunity cost, Trade-off
Concepts:
Economic system, Basic economic questions
Concepts:
Goods, Services, Resources, Market, Circular flow of economic activity, Income, Revenue
Concepts:
Quantity demanded, Demand, Law of Demand
Concepts:
Demand, Law of demand
Concepts:
Demand, Determinants of demand, Changes in demand, Substitutes, Complements
Concepts:
Factors of production, Productivity, Increasing productivity, Opportunity cost, Division of labor, Specialization, Investment
Concepts:
Cost of production, Total revenue, Profit, Loss
Concepts:
Producers, Supply, Quantity supplied
Concepts:
Changes in supply, Determinants of supply
Concepts:
Market, Market equilibrium, Shortage, Surplus
Concepts:
Market equilibrium, Shortage, Surplus
Concepts:
Changes in market equilibrium
Concepts:
Economic government policies, Costs, Benefits
Concepts:
Government regulation, Costs, Benefits
Concepts:
Scarcity, Wants, Resources, Goods, Services
Concepts:
Goods, Services, Productive resources, Natural resources, Human resources, Capital resources
Concepts:
Resources, Alternative, Opportunity cost
Concepts:
Decision making, Opportunity cost, Alternatives, Criteria
Concepts:
Productivity, Specialization, Division of labor
Concepts:
Goods, Services, Resources, Market, Income, Revenue, Consumers, Producers, Profit
Concepts:
Barter, Specialization, Interdependence
Concepts:
Money, Barter, Exchange, Functions of money, Medium of exchange, Standards of value, Store of value
Concepts:
Price, Consumer, Costs of production, Profit
Concepts:
Taxes, Sales tax, Income tax, Property tax, Excise tax
Concepts:
Supply, Demand, Consumer, Businesses, Price, Equilibrium price, Shortage, Surplus
Concepts:
Competition, Incentives
Concepts:
Work, Employment, Human capital, Unemployment
Concepts:
Division of labor, Decision making, Productive resources, Human capital, Interdependence, Market economy, Supply, Demand, Price, Collateral, Interest, Entrepreneurship
Concepts:
Division of labor, Decision making, Profit, Incentives, Entrepreneurship
Concepts:
Trade, Voluntary Exchange, Costs, Benefits
Concepts:
International Trade, Specialization, Comparative Advantage, Gains from Trade, Cost
Concepts:
Comparative Advantage, Specialization, Trade
Concepts:
Trade, Specialization, Interdependence, Free Trade, Trade Barriers
Concepts:
Exports, Imports, Real Gross Domestic Product
Concepts:
Exports, Imports, Opportunity Cost, Cultural and Political Constraints
Concepts:
Exports, Imports, Comparative Advantage, Specialization, Economizing Behavior
Concepts:
Tariff, Quota, Subsidies, Trade Barriers
Concepts:
Trade Barriers (e.g., Tariffs and Quotas), Supply and Demand, Special-Interest Effects
Concepts:
Import Quotas, Free Trade, Production, Consumption
Concepts:
Balance of Payments, Current Accounts, Capital Account Deficits and Surpluses
Concepts:
Comparative Advantage, Specialization, Trade
Concepts:
Productive Costs, Demand, Markets, Profits
Concepts:
Foreign Exchange Rates, Fixed Exchange Rates, Floating Exchange Rates, Currency Appreciation, Currency Depreciation
Concepts:
Floating Exchange Rates, Managed Exchange Rates, Devaluation and Appreciation, Currency Price Floors
Concepts:
Specialization, Comparative Advantage, Balance of Trade, Trade Deficit, Competition, Trade Barriers, Rules of Trade
Concepts:
Developing Countries, Trade Barriers, Tariffs, Imports, Exports
Concepts:
Free Trade Agreements, Tariffs, Trade Policy
Concepts:
Incentives, Competition, Institutions, Property Rights, Privatization
Concepts:
National Income (GDP per capital), Productivity, Saving, Investments in Physical and Human Capital, Diminishing Returns to Capital, International Capital Flows, Technology Transfers
Concepts:
Market Economy, Command Economy, Incentives, Profit
Concepts:
Market Economy, Command Economy, Incentives, Profit
Concepts:
Command Economy, Market Economy, Natural Resources, Capital Resources
Concepts:
Inflation, Hyperinflation, Equation of Exchange, Nominal Gross Domestic Product, Real Gross Domestic Product
Concepts:
Economic System, Command Economy, Market Economy
Concepts:
Monopoly, Market Economy, Economies of Scale, Price Controls
Concepts:
Financial Intermediaries, Financial Capital Market, Capital, Investment
Concepts:
Privatization
Concepts:
Frictional Unemployment, Structural Unemployment, Cyclical Unemployment, Incentive
Concepts:
Opportunity Cost
Concepts:
Market, Command, Traditional Economic Systems, Resource Allocation, Secondary Effects
Concepts:
Command Economic System, Market Economic System, Approaches to Economic Reform, Privatization, Economies in Transition
Concepts:
Political Freedom, Economic Freedom, Liberalization, Market Prices, Incentives, Trade, Voluntary Exchange
Concepts:
Incentives, Property Rights, Privatization
Concepts:
Competition, Seller, Buyer
Concepts:
Trade, Gains from Trade, Command Economic System, Market Economic System
Concepts:
Banks, Financial Institutions, Interest Rates, Investment, Search Costs, Middlemen
Concepts:
Prices, Inflation, Money Supply, Monetary Equation of Exchange, Redistributional Effects of Inflation
Concepts:
Business Cycle, Real Gross Domestic Product, Recession, Expansion, Liberalization, Planned Economy
Concepts:
Incentives, Economic Systems, Income Distribution, Productivity
Concepts:
Choices, Alternatives, Entrepreneur, Opportunity Cost
Concepts:
Choice, Opportunity Cost, Alternatives, Trade-offs
Concepts:
Market, Goods, Services, Exchange
Concepts:
Price, Quantity Demanded, Demand
Concepts:
Demand, Quantity Demanded, Nonprice Determinants of Demand
Concepts:
Inflation
Concepts:
Productive Resources, Natural Resources, Human Resources, Capital Resources, Productivity, Investment in capital goods
Concepts:
Supply, Quantity Supplied, Price, Nonprice Determinants of Supply
Concepts:
Accounting Profit, Economic Profit, Costs of Production
Concepts:
Public Goods, Nonexclusion, Shared Consumption, Taxes, Categories of Spending, Interest
Concepts:
Taxes, Categories of Federal Taxes, Excise Taxes, Payroll Taxes
Concepts:
Gross Domestic Product, Intermediate Goods, Final Goods, Durables, Nondurables, Consumer Spending
Concepts:
Gross Domestic Product, Consumer Goods, Investment, Government expenditure, Exports, Imports
Concepts:
Budget, Taxes, Cost-benefit analysis, Trade-offs
Concepts:
Saving, Interest, Financial intermediaries
Concepts:
Specialization, Exchange, Interdependence, Absolute and comparative advantage
Concepts:
Free Trade, Barriers to Trade, Quota, Tariff, Export Subsidy, Product Standard
Concepts:
Choices, Costs, Incentives
Concepts:
Productivity, Capital Goods, Consumer Goods, Standard of Living
Concepts:
Incentives, Trade, Profit, Transportation Cost
Concepts:
Choice, Incentive, Production Costs, Profit
Concepts:
Economic Growth, Technology, Trade, Incentive
Concepts:
Economic Growth, Government Spending, Taxation, Monopoly, Human Resources, Inflation, Price Controls
Concepts:
Financial Investment, Rate of Return, Risk, Speculation
Concepts:
Self-interest, Competition, Government Regulation, Markets, Market Economy
Concepts:
Incentives, Profit, Innovation, Economic Growth
Concepts:
Productivity, Unit Costs, Specialization and Division of Labor, Capital Goods, Technology, Transportation Costs, Standard of Living
Concepts:
Economic Growth, Productivity, Capital, Human Capital, Interest Rates
Concepts:
Economic System, Command Economy, Market Economy, Incentives
Concepts:
Exports, Goods, Services, Productive Resources, Natural Resources, Human Resources, Capital Resources, Renewable Resources, Nonrenewable Resources, Spatial Perspective, Location, Place, National Capital, Ecological Perspective, Economic Perspective, Consumer Goods
Concepts:
Time-distance, Threshold, Range, Transaction Costs, Specialization
Concepts:
Opportunity Cost, Absolute Advantage, Comparative Advantage, Specialization, Terms of Trade
Concepts:
International Trade, Gross Domestic Product, Real Gross Domestic Product, Exports, Imports, Interdependence, Visible Exports, Invisible Exports, Opportunity Cost
Concepts:
Money, Prices, Exchange Rates, Foreign Exchange Markets
Concepts:
Tariffs, Quotas, Embargoes, Licensing Requirements, Standards, Subsidies, Infant Industry, Strategic Industry, Exports, Imports, Terms of Trade
Concepts:
Gross Domestic Product, Choropleth Map, Measure of Value, Double Counting, Final Goods and Services, Flow of Product Approach, Earnings and Cost Approach, Consumer-Spending, Investment Spending, Government Spending, Exports, Imports, Gross Domestic Product Per Capita
Concepts:
Choropleth Maps, Gross Domestic Product Per Capita, Life Expectancy, Infant Mortality, Investment, Human Capital, Positive Relationship, Negative Relationship
Concepts:
Demography, Population Pyramid, Census, Median Age, Cohorts
Concepts:
Cartogram, Population Density, Gross State Product, Gross State Product Per Capita, Population Growth, Geographic Regions, Birth Rate, Death Rate, Immigration, Emigration
Concepts:
Environment, Government Regulation, Hazardous Waste, Third Party Costs, Property Rights, Market Mechanism, Technology
Concepts:
Location, Place, Human-Environment Interaction, Movement, Regions, Resources, Economic Institutions, Role of Government
Concepts:
Scarcity, Opportunity cost, Trade-offs, Consequences
Concepts:
Scarcity, Choice, Decision making, Alternatives, Criteria, Decision grid
Concepts:
Decision making, Opportunity cost, Scarcity, Choice, Alternatives
Concepts:
Supply of labor, Demand for labor, Equilibrium wage, Skills
Concepts:
Scarcity, Allocation, Relative price, More scarce, Less scarce
Concepts:
Scarcity, Opportunity cost, Income, Purchasing power, Fixed expenses, Variable expenses, Impulse buying
Concepts:
Productive resources, Natural resource, Human resources, Capital resources, Fixed cost, Variable cost, Total cost, Total revenue, Profit, Competition
Concepts:
Role of government, Sources of taxes, Government services, Scarcity, Opportunity cost, Trade-offs
Concepts:
Interdependence, Scarcity, Trade-off, Marginal cost, Marginal benefit
Concepts:
Credit, Consumer credit, Decision making, Opportunity cost, Interest
Concepts:
Scarcity, Opportunity Cost, Interest, Market, Supply, Demand
Concepts:
Advertising, Consumer Sovereignty, Market System
Concepts:
Choice, Opportunity cost, Demand, Decision making, Alternatives
Concepts:
Capital, Investment, Savings, Opportunity cost, Securities, Stocks, Bonds, Mutual funds, Savings accounts, Certificates of deposit, Risk versus return, Liquidity
Concepts:
Exchange rates, Effects of currency depreciation on consumers, Imports, Exports, Tariffs, Winners and losers from restrictions on trade
Concepts:
Entrepreneur, Entrepreneurship, Innovative, Maximize, Business firms, Human capital, Labor, Profit
Concepts:
Goods, Services, Productive resources, Resources, Land, Labor, Capital, Scarcity, Resourcefulness
Concepts:
Opportunity cost
Concepts:
Alternative, Goals, Cost, Benefit, Decision-making model, Decision-making grid, Rational choice
Concepts:
Functional activities of business ( marketing finance production management), Natural resources, Factors of production (land labor capital entrepreneurship)
Concepts:
Economic system, Central economic questions, Traditional economies, Market economy, Profit motive, Private property, Command property, Command economy, Mixed-market economy
Concepts:
Competition, Market, Competitive market, Transaction costs, Specialization, Resource allocation
Concepts:
Intrapreneurship, Quality circles, Not-for-profit organizations
Concepts:
Income, Circular flow, Circular-flow diagram, Households, Product market, Factor market
Concepts:
Demand, Law of demand, Demand schedule, Change in demand
Concepts:
Determinants of demand, Consumer tastes, Substitute products, Complementary products, Consumer income, Consumer population
Concepts:
Supply, Law of diminishing returns, Increasing costs, Law of supply, Profit (review), Supply schedule, Net return
Concepts:
Determinants of supply, Change in supply, Change in costs, Change in expectations
Concepts:
Equilibrium, Equilibrium price, Surplus, Shortage
Concepts:
Change in equilibrium
Concepts:
Pricing strategy, Penetration pricing, Loss-leader pricing, Skimming prices, Variable pricing, Markup, Markdown, Bait and switch
Concepts:
Market research, Small Business Administration (SBA)
Concepts:
Sole proprietorship, Collateral, Unlimited liability, Partnership, Corporation, Stock, Limited liability, Franchise
Concepts:
Credit worthiness, Debt, Fixed interest rates, Flexible interest rates, Prime interest rate, Federal Reserve System, Equity
Concepts:
Fixed costs, Variable costs
Concepts:
Marginal revenue, Marginal cost, Law of diminishing returns (review)
Concepts:
Inventory, Accounts receivable, Cash flow, Inventory control, Opportunity cost (review), Credit, Line of credit
Concepts:
Consumer credit, Commercial credit
Concepts:
Primary demand, Derived demand, Management functions
Concepts:
Productivity, Marginal productivity of labor, Labor productivity, Diminishing marginal productivity, Resource mix
Concepts:
Human relations, Human resource management, Management styles, Worker turnover, Human capital (review), Human capital investment, On-the-job training
Concepts:
Perfect competition, Monopoly, Natural monopoly, Imperfect competition, Monopolistic competition, Product differentiation
Concepts:
Marketing concept, Location decisions, Publicity, Target markets, Positioning, Pricing policies, Service, Warranties, Product quality, Repeat customers
Concepts:
Innovative process, Brainstorming, Creativity, Employee-award program, Implementation, Research and development, Evaluation, Remediation
Concepts:
Business objectives, Market-share objectives, Profit objectives, Sales objectives, Cost analysis, Cost objectives
Concepts:
Government goods, Government services, Transfer payments, Redistribution of income
Concepts:
Fiscal policy, Tax incentives, Depreciation, Accelerated depreciation, Economic opportunity zones, Industrial development agencies, Small business incubators
Concepts:
Unemployment, Recession, Inflation, Depression, Expansion, Business Cycle, Leading economic indicators
Concepts:
Relative advantage, Human capital (review), Formal education, Informal education
Concepts:
Personal characteristics, Cost (review), Benefits (review), Human capital (review)
Concepts:
Economic wants
Concepts:
Goods, Services, Consumers
Concepts:
Economic wants, Consumers, Goods, Services
Concepts:
Economic wants, Goods, Services
Concepts:
Consumers, Services
Concepts:
Goods, Services, Consumers, Resources, Human resources, Producers (workers), Natural resources, Capital resources
Concepts:
Resources, Natural resources, Goods
Concepts:
Consumers, Goods, Services, Producers, Resources, Natural resources, Human resources, Capital resources
Concepts:
Goods, Services, Producers, Consumers, Resources, Natural resources, Human resources, Capital resources
Concepts:
Resources, Natural resources, Human resources, Capital resources, Producer
Concepts:
Resources, Scarcity, Choice
Concepts:
Resources, Scarcity, Choice, Opportunity cost
Concepts:
Choice, Opportunity cost
Concepts:
Scarcity, Choice, Opportunity cost
Concepts:
Scarcity, Choice
Concepts:
Economic wants, Producers (workers), Goods, Services, Consumers, Specialization, Interdependence
Concepts:
Specialization, Producers, Goods, Services
Concepts:
Goods, Services, Producers, Specialization, Interdependence
Concepts:
Producers (workers), Specialization, Interdependence, Goods, Services
Concepts:
Specialization, Producer (worker)
Concepts:
Goods, Services, Barter, Exchange (trade)
Concepts:
Economic wants, Money, Exchange (trade), Barter
Concepts:
Goods, Services, Producers, Consumers, Markets
Concepts:
Economic wants, Consumers, Goods, Services, Producers, Resources, Human resources, Natural resources, Capital resources, Scarcity, Choice, Opportunity cost, Specialization, Interdependence, Exchange, Barter, Money, Markets
Concepts:
Markets, Money, Exchange, Earn, Spend, Save, Wants, Consumer, Resources, Producer, Specialization, Choice, Opportunity cost, Price
Concepts:
Entrepreneur, Enterprise
Concepts:
Entrepreneur, Human Capital
Concepts:
Human Capital, Opportunity Cost
Concepts:
Scarcity, Factors of Production, Production Possibilities Curve, Opportunity Cost/Trade-offs
Concepts:
Economic Systems (traditional command market mixed), Competition
Concepts:
Markets, Circular Flow Model, Product Market, Factor Market
Concepts:
Entrepreneur, Factors of Production, Innovation, Invention, Entrepreneurial Ideas, Entrepreneurial Opportunities
Concepts:
Economic Interdependence, Mobility of Resources, Innovation, Factors of Production
Concepts:
Demand, Law of Demand, Demand Curve, Determinants of Demand, Shift in Demand
Concepts:
Supply, Law of Supply, Increasing Costs of Production, Supply Curve, Determinants of Supply
Concepts:
Interaction of Demand and Supply, Surpluses and Shortages, Market Equilibrium, Equilibrium Price, Changes in Equilibrium Price
Concepts:
Total Revenue, Cost of Production, Profit, Return on Investment, Fixed Costs (Optional Activity), Variable Costs (Optional Activity)
Concepts:
Economic Institutions, Sole Proprietorship, Partnership, Corporation
Concepts:
Interest, Interest Rates, Investment, Expected Returns
Concepts:
Pure Competition, Product Differentiation, Monopolistic Competition
Concepts:
Demand for Factors of Production/Labor, Derived Demand, Diminishing Marginal Productivity
Concepts:
Role of Government, Government Intervention, Cost of Government Regulation, Externalities, Laissez-faire, Minimum Wage
Concepts:
Gross Domestic Product (GDP), Inflation, Consumer Price Index (CPI), Deflation, Real vs. Nominal, Causes of Inflation
Concepts:
Interest Rate, Interest, Principal, Simple Interest
Concepts:
Federal Reserve Structure, Discount Rate, Macroeconomic Indicators, Monetary Policy, Open Market Operations, Reserve Requirements, Business Cycles, Federal Reserve, Recession
Concepts:
Inflation, Price Stability, Consumer Price Index (CPI), Deflation, Macroeconomic Indicators, Real vs. Nominal, Price Level, Inflation Risk, Cost-Push Inflation, Demand-Pull Inflation
Concepts:
Full Employment, Types of Unemployment, Labor Force, Macroeconomic Indicators, Unemployment, Unemployment Rate, Business Cycles
Concepts:
Economic Growth, Gross Domestic Product (GDP), Macroeconomic Indicators, Nominal Gross Domestic Product (GDP), Per Capita Gross Domestic Product (GDP), Potential Gross Domestic Product (GDP), Real Gross Domestic Product (GDP), Business Cycles
Concepts:
Absolute Advantage, Opportunity Cost, Specialization, Comparative Advantage, Productivity
Concepts:
Budget Deficit, Business, Central Banking System, Credit, Gross Domestic Product (GDP), Incentive, Role of Government, Stock Market, Labor, Unemployment, Recession, Spend
Concepts:
Balance of Payments, Exports, Imports
Concepts:
Factors of Production, Incentive, Marginal Resource Product, Profit Maximization
Concepts:
Inflation, Price Stability, Macroeconomic Indicators, Real vs. Nominal
Concepts:
Income Tax
Concepts:
Demand, Equilibrium Price, Shortage, Supply, Surplus
Concepts:
Labor Force, Labor Market, Macroeconomic Indicators, Unemployment, Unemployment Rate, Business Cycles
Concepts:
Economic Growth, Gross Domestic Product (GDP), Macroeconomic Indicators, Real Gross Domestic Product (GDP), Business Cycles
Concepts:
Central Banking System, Money Supply, Tools of the Federal Reserve, Macroeconomic Indicators, Monetary Policy, Federal Reserve
Concepts:
Inflation, Price Stability, Consumer Price Index (CPI), Macroeconomic Indicators
Concepts:
Labor Force, Macroeconomic Indicators, Unemployment, Unemployment Rate, Business Cycles, Cyclical Unemployment, Employment Rate, Discouraged Workers, Frictional Unemployment, Structural Unemployment
Concepts:
Gross Domestic Product (GDP), Macroeconomic Indicators, Nominal Gross Domestic Product (GDP), Per Capita Gross Domestic Product (GDP), Real Gross Domestic Product (GDP), Business Cycles, Coincident Indicators, Lagging Indicators, Leading Economic Indicators
Concepts:
Central Banking System, Economic Growth, Tools of the Federal Reserve, Macroeconomic Indicators, Monetary Policy, Business Cycles, Federal Reserve
Concepts:
Choice, Decision Making, Goods, Incentive, Opportunity Cost, Producers, Scarcity, Specialization, Services, Wants
Concepts:
Barter, Capital Resources, Decision Making, Human Resources, Natural Resources, Scarcity, Costs
Concepts:
Absolute Advantage, Opportunity Cost, Comparative Advantage, Gains from Trade
Concepts:
Entrepreneurship, Income, Money, Profit, Borrow, Save
Concepts:
Stock Market, Savings, Economic Institutions
Concepts:
Capital Resources, Human Resources
Concepts:
Cost/Benefit Analysis, Decision Making, Law of Demand, Marginal Analysis, Wants
Concepts:
Exchange, Exports, Gains from Trade, Imports, Trade
Concepts:
Inflation, Consumer Price Index (CPI), Deflation
Concepts:
Economic Equity, Distribution of Income
Concepts:
Choice, Decision Making, Opportunity Cost
Concepts:
Demand, Goods, Scarcity, Supply, Market Economy, Resources, Traditional Economy
Concepts:
Aggregate Demand (AD), Aggregate Supply (AS), Inflation, Price, Unemployment, Unemployment Rate, Wage
Concepts:
Competition, Demand, Entrepreneurship, Price, Scarcity, Shortage, Supply, Surplus
Concepts:
Choice, Consumers, Credit, Interest Rate, Benefit, Costs, Interest
Concepts:
Macroeconomic Indicators
Concepts:
Role of Government, Business Cycles
Concepts:
Cost/Benefit Analysis, Decision Making, Incentive, Benefit, Costs
Concepts:
Competition, Role of Government, Monopolies
Concepts:
Exchange, Exchange Rate, Money
Concepts:
Cost/Benefit Analysis, Decision Making, Economic Freedom, Opportunity Cost, Benefit, Costs, Interest
Concepts:
Budget, Choice, Cost/Benefit Analysis, Opportunity Cost, Substitute Good
Concepts:
Demand, Equilibrium Price, Markets, Supply
Concepts:
Labor, Labor Force, Unemployment, Unemployment Rate
Concepts:
Banking, Central Banking System, Monetary Policy, Federal Reserve
Concepts:
Exports, Incentive, Inventors, Markets, Price, Specialization, Technological Changes, Benefit, Costs, Imports, Investment, Profit, Innovation
Concepts:
Advertising
Concepts:
Business, Entrepreneurship, Profit Motive
Concepts:
Choice, Economic Growth, Externalities, Incentive, Role of Government, Trade-off, Benefit, Costs, Costs of Production, Entrepreneur, Investment, Public Goods
Concepts:
Externalities, Opportunity Cost, Benefit, Costs, Entrepreneur
Concepts:
Barter, Inflation, Scarcity, Currency, Gains from Trade
Concepts:
Budget, Choice, Cost/Benefit Analysis, Decision Making, Economic Efficiency, Incentive, Role of Government, Benefit, Costs, Marginal Analysis, Communities and Cities
Concepts:
Exchange, Definition of Money, Money, Voluntary Exchange, Characteristics of Money
Concepts:
Demand, Price, Scarcity, Supply, Profit
Concepts:
Demand, Markets, Scarcity, Supply
Concepts:
Income, Taxation, Taxes
Concepts:
Scarcity
Concepts:
Choice, Competition, Cost/Benefit Analysis, Externalities, Incentive, Markets, Opportunity Cost
Concepts:
Demand, Markets, Price, Scarcity, Shortage, Supply, Price Ceiling
Concepts:
Capital Resources, Entrepreneurship, Costs of Production, Labor
Concepts:
Taxes
Concepts:
Advertising, Choice, Competition, Trade-off
Concepts:
Types of Unemployment, Unemployment, Trade-offs among Goals
Concepts:
Supply
Concepts:
Competition, Incentive, Inventors, Profit Motive, Role of Government, Technological Changes, Investment, Profit, Property Rights, Innovation
Concepts:
Producers, Production, Labor, Labor Market, Labor Union, Profit, Insurance
Concepts:
Capital Resources, Human Capital, Resources
Concepts:
Economic Growth, Incentive, Inventors, Markets, Non-price Determinants, Price, Role of Government, Specialization, Supply, Technological Changes, Costs, Determinants of Supply, Gains from Trade, Investment, Standard of Living, Transaction Costs, Innovation
Concepts:
Cost/Benefit Analysis, Economic Security, Investing, Money Management, Benefit, Money
Concepts:
Demand, Economic Growth, Entrepreneurship, Equilibrium Price, Markets, Price, Quantity Demanded, Quantity Supplied, Supply, Determinants of Demand, Determinants of Supply, Productivity, Profit
Concepts:
Budget, Choice, Decision Making, Economic Freedom, Economic Growth, Economic Wants, Human Resources, Incentive, Money Management, Opportunity Cost, Role of Government, Scarcity, Technological Changes, Borrower, Interest, Labor, Labor Union, Market Economy, Money, Resources, Special Interest Group, Standard of Living, Wants, Wage, Regulation, Savings, Savers
Concepts:
Market Economy, Savers
Concepts:
Competition, Cost/Benefit Analysis, Demand, Incentive, Maintaining Competition, Natural Monopoly, Non-price Determinants, Role of Government, Supply, Benefit, Costs, Determinants of Demand, Determinants of Supply, Profit, Regulation, Monopolies
Concepts:
Banking, Decision Making, Economic Systems, Money Management, Money, Savings
Concepts:
Banking, Central Banking System, Money Supply, Supply, Money, Savers
Concepts:
Choice, Decision Making, Demand, Exchange, Exchange Rate, Price
Concepts:
Resources
Concepts:
Choice, Scarcity
Concepts:
Factors of Production, Human Resources, Incentive, Production, Productive Resources, Entrepreneur, Human Capital, Labor, Productivity, Resources, Innovation
Concepts:
Division of Labor, Factors of Production, Production, Productive Resources, Specialization, Entrepreneur, Labor, Productivity, Resources, Innovation
Concepts:
Consumers, Demand, Economic Freedom, Goods
Concepts:
Competition, Incentive, Legal and Social Framework, Role of Government, Regulation
Concepts:
Advertising, Markets
Concepts:
Demand, Factors of Production, Markets, Price, Production, Profit Motive, Supply, Law of Demand, Profit, Taxes, Monopolies
Concepts:
Advertising, Competition, Consumer Economics, Markets
Concepts:
Demand, Division of Labor, Human Resources, Income, Supply, Distribution of Income, Human Capital, Labor, Labor Market, Resources
Concepts:
Choice, Decision Making, Trade-off
Concepts:
Goods, Services
Concepts:
Advertising, Competition, Markets
Concepts:
Consumer Economics, Legal and Social Framework, Role of Government, Nonprofit Organization, Special Interest Group, Regulation
Concepts:
Advertising, Competition, Decision Making, Maintaining Competition, Markets, Role of Government, Regulation
Concepts:
Goods, Public Goods
Concepts:
Barter, Exchange Rate, Markets, Price
Concepts:
Inflation, Price, Consumer Price Index (CPI)
Concepts:
Demand, Incentive, Inflation, Markets, Price, Supply
Concepts:
Competition, Regulation
Concepts:
Choice, Cost/Benefit Analysis, Decision Making, Natural Resources, Scarcity, Trade-off
Concepts:
Human Capital, Physical Capital
Concepts:
Consumer Economics, Incentive, Nonprofit Organization, Special Interest Group
Concepts:
Choice, Consumer Economics, Cost/Benefit Analysis, Incentive, Opportunity Cost
Concepts:
Incentive, Benefit, Costs
Concepts:
Macroeconomic Indicators, Nominal Gross Domestic Product (GDP), Real Gross Domestic Product (GDP), Standard of Living
Concepts:
Choice, Competition, Demand, Exchange, Markets, Scarcity, Voluntary Exchange
Concepts:
Exchange, Exchange Rate, Exports, Currency, Imports, Money
Concepts:
Exchange, Currency, Money
Concepts:
Business, Functions of Money, Income, Money
Concepts:
Externalities, Benefit, Costs, Property Rights, Public Goods, Transaction Costs, Monopolies
Concepts:
Banking, Choice, Incentive, Interest, Savings, Savers
Concepts:
Economic Freedom, Role of Government, Market Economy
Concepts:
Credit, Interest, Profit
Concepts:
Investing, Interest, Savers
Concepts:
Budget, Choice, Decision Making, Economic Wants, Scarcity, Benefit, Costs, Taxes, Wants
Concepts:
Role of Government, Fiscal Policy, Monetary Policy
Concepts:
Credit, Decision Making
Concepts:
Opportunity Cost, Scarcity, Trade-off, Benefit, Costs
Concepts:
Exchange, Functions of Money, Characteristics of Money
Concepts:
Banking, Specialization, Savings, Economic Institutions
Concepts:
Human Resources, Human Capital, Investment
Concepts:
Budget, Choice, Consumer Economics, Cost/Benefit Analysis, Opportunity Cost, Trade-off, Insurance
Concepts:
Currency, Money
Concepts:
Exchange, Specialization
Concepts:
Interdependence, Producers, Entrepreneur
Concepts:
Natural Resources, Production
Concepts:
Barter, Functions of Money, Currency, Money, Characteristics of Money
Concepts:
Choice, Cost/Benefit Analysis, Decision Making, Costs, Resources
Concepts:
Demand, Investing, Price, Supply, Investment, Risk
Concepts:
Cost/Benefit Analysis, Incentive
Concepts:
Choice, Decision Making, Economic Wants, Scarcity
Concepts:
Decision Making, Opportunity Cost
Concepts:
Price, Law of Demand, Substitute Good, Elasticity of Demand
Concepts:
Producers, Resources
Concepts:
Choice, Circular Flow, Demand, Goods, Incentive, Markets, Market Economy, Services
Concepts:
Incentive, Interest Rate, Opportunity Cost, Interest, Savings
Concepts:
Trade
Concepts:
Investment
Concepts:
Budget, Choice, Government Expenditures, Role of Government
Concepts:
Economic Equity, Economic Growth
Concepts:
Barriers to Trade, Markets, Role of Government
Concepts:
Capital Resources, Cost/Benefit Analysis
Concepts:
Advertising, Competition, Non-price Competition, Price
Concepts:
Demand, Supply
Concepts:
Choice, Price
Concepts:
Income, Interdependence, Supply, Money, Savings
Concepts:
Business, Choice, Decision Making, Entrepreneurship, Benefit, Costs, Legal Forms of Business, Risk
Concepts:
Choice, Opportunity Cost, Scarcity, Costs, Wants
Concepts:
Entrepreneurship, Incentive, Risk
Concepts:
Business, Entrepreneurship, Entrepreneur, Legal Forms of Business, Risk
Concepts:
Demand, Natural Resources, Shortage, Supply, Surplus
Concepts:
Demand, Non-price Determinants, Quantity Demanded
Concepts:
Cost/Benefit Analysis, Role of Government, Benefit, Costs, Labor, Labor Union, Special Interest Group
Concepts:
Competition, Scarcity, Market Economy, Productivity
Concepts:
Consumers, Goods, Producers, Services
Concepts:
Interest
Concepts:
Choice, Decision Making, Incentive, Costs, Resources, Taxes
Concepts:
Cost/Benefit Analysis, Decision Making, Profit, Insurance
Concepts:
Choice, Competition, Economic Freedom, Economic Security, Incentive, Trade-off, Trade-offs among Goals
Concepts:
Cost/Benefit Analysis, Decision Making, Maintaining Competition, Role of Government, Regulation
Concepts:
Division of Labor, Specialization, Investment, Productivity
Concepts:
Goods, Natural Resources, Producers, Services
Concepts:
Advertising, Competition, Entrepreneurship, Inventors, Markets, Non-price Competition, Price
Concepts:
Choice, Consumer Economics, Decision Making, Incentive, Price
Concepts:
Budget, Income, Savings
Concepts:
Competition, Consumers, Decision Making, Markets
Concepts:
Banking, Inflation, Interest Rate, Borrower, Deflation, Interest, Savings, Savers
Concepts:
Choice, Incentive
Concepts:
Cost/Benefit Analysis, Decision Making, Opportunity Cost
Concepts:
Natural Resources, Productive Resources
Concepts:
Credit, Decision Making, Risk
Concepts:
Barter, Division of Labor, Exchange, Interdependence, Natural Resources, Specialization, Productivity
Concepts:
Banking, Choice, Decision Making, Money Management, Interest, Savings
Concepts:
Advertising, Entrepreneurship, Income
Concepts:
Accounting Profit, Advertising, Business, Entrepreneurship, Goods, Price, Production, Costs, Entrepreneur, Profit, Risk, Services, Accounting Loss
Concepts:
Goods, Role of Government, Services
Concepts:
Choice, Decision Making, Economic Systems, Natural Resources, Scarcity, Trade-off
Concepts:
Consumers, Producers
Concepts:
Decision Making, Incentive, Price, Producers
Concepts:
Barter
Concepts:
Goods, Role of Government, Property Rights, Public Goods
Concepts:
Division of Labor, Interdependence, Productive Resources, Specialization
Concepts:
Money Management, Opportunity Cost, Trade-off, Savings, Trade-offs among Goals
Concepts:
Role of Government, Savings
Concepts:
Inventors, Technological Changes, Innovation
Concepts:
Economic Freedom, Exports, Government Expenditures, Government Revenues, National Debt, Role of Government, Taxation, Imports
Concepts:
Income
Concepts:
Budget, Choice, Competition, Consumers, Decision Making, Goods, Price, Trade-off, Services, Savings
Concepts:
Capital Resources, Entrepreneurship, Human Resources, Intermediate Good, Natural Resources, Productive Resources
Concepts:
Choice, Decision Making, Goods, Human Resources, Income, Services
Concepts:
Choice, Decision Making, Incentive
Concepts:
Role of Government, Labor, Labor Force, Unemployment
Concepts:
Demand, Equilibrium Price, Price, Quantity Demanded, Quantity Supplied, Supply
Concepts:
Choice, Cost/Benefit Analysis, Decision Making, Opportunity Cost, Scarcity
Concepts:
Capital Resources, Consumers, Goods, Producers, Production, Services
Concepts:
Exports, Imports
Concepts:
Barter, Exchange
Concepts:
Banking, Interest Rate, Savings
Concepts:
Competition, Consumers, Decision Making, Producers
Concepts:
Barter, Currency, Money, Characteristics of Money
Concepts:
Natural Resources, Production, Productive Resources
Concepts:
Budget, Choice, Cost/Benefit Analysis, Government Expenditures, Taxation
Concepts:
Competition, Consumers, Goods, Markets, Services
Concepts:
Banking, Economic Security, Income, Personal Distribution of Income, Savings, Economic Institutions
Concepts:
Choice, Consumers, Incentive, Markets, Natural Resources, Producers, Profit Motive
Concepts:
Advertising
Concepts:
Choice, Consumers, Demand, Price, Scarcity, Shortage, Supply, Resources
Concepts:
Choice, Cost/Benefit Analysis, Decision Making
Concepts:
Choice, Decision Making, Incentive
Concepts:
Choice, Competition, Consumers, Decision Making, Goods, Incentive, Markets, Price, Services
Concepts:
Exports, Interdependence, Specialization, Imports
Concepts:
Choice, Decision Making, Entrepreneurship, Incentive
Concepts:
Choice, Consumers, Decision Making, Demand, Markets, Price, Producers, Supply
Concepts:
Decision Making, Supply, Choice, Consumers, Demand, Incentive, Markets, Taxation, Price, Producers
Concepts:
Banking, Division of Labor, Specialization, Savings, Economic Institutions
Concepts:
Inflation, Consumer Price Index (CPI), Deflation, Unemployment
Concepts:
Choice, Human Resources, Opportunity Cost, Scarcity
Concepts:
Choice, Decision Making, Opportunity Cost
Concepts:
Choice, Consumer Economics, Decision Making, Interest Rate, Money Management, Trade-off
Concepts:
Externalities, Role of Government, Taxation
Concepts:
Functions of Money, Inflation, Money Supply, Price, Role of Government, Deflation
Concepts:
Human Resources, Human Capital, Investment
Concepts:
Banking, Savings
Concepts:
Economic Growth, Full Employment, Gross Domestic Product (GDP), Inflation, Interest Rate, Deflation
Concepts:
Incentive, Technological Changes
Concepts:
Aggregate Demand (AD), Demand, Government Expenditures, Government Revenues, Tools of the Federal Reserve
Concepts:
Choice, Demand, Markets, Opportunity Cost, Scarcity, Supply
Concepts:
Decision Making, Opportunity Cost
Concepts:
Role of Government
Concepts:
Capital Resources, Entrepreneurship, Human Resources, Incentive, Natural Resources, Production, Productive Resources
Concepts:
Exports, Specialization, Imports
Concepts:
Choice, Decision Making, Incentive
Concepts:
Capital Resources, Choice, Human Resources, Natural Resources, Opportunity Cost, Productive Resources, Scarcity, Technological Changes, Human Capital, Investment
Concepts:
Business, Choice, Competition, Decision Making, Economic Freedom, Legal and Social Framework
Concepts:
Goods, Markets, Profit Motive, Services
Concepts:
Banking, Budget, Choice, Economic Security, Functions of Money, Money Management, Savings
Concepts:
Choice, Consumer Economics, Consumers, Credit, Decision Making, Incentive, Interest Rate, Money Management
Concepts:
Decision Making, Economic Efficiency, Investing, Markets, Stock Market
Concepts:
Decision Making, Economic Efficiency, Investing, Markets, Price, Stock Market
Concepts:
Decision Making, Economic Efficiency, Investing, Markets, Price, Stock Market
Concepts:
Entrepreneurship, Innovation
Concepts:
Government Expenditures, Government Revenues, Income, Role of Government, Taxation
Concepts:
Economic Efficiency, Exchange, Exchange Rate
Concepts:
Entrepreneurship
Concepts:
Aggregate Demand (AD), Budget, Role of Government, Taxation
Concepts:
Choice, Decision Making
Concepts:
Exchange, Exchange Rate, Exports, Imports
Concepts:
Economic Systems, Market Structure, Economic Institutions
Concepts:
Choice, Entrepreneurship, Producers, Productive Resources, Scarcity
Concepts:
Budget, Government Expenditures, Trade-off
Concepts:
Inflation, Price, Deflation
Concepts:
Choice, Incentive, Human Capital, Investment
Concepts:
Demand, Equilibrium Price, Markets, Price
Concepts:
Advertising, Opportunity Cost, Role of Government
Concepts:
Banking, Central Banking System, Inflation, Supply, Tools of the Federal Reserve, Deflation
Concepts:
Markets, Technological Changes
Concepts:
Choice, Incentive
Concepts:
Functions of Money, Money Supply, Currency
Concepts:
Choice, Goods, Natural Resources, Services
Concepts:
Capital Resources, Human Resources, Natural Resources
Concepts:
Capital Resources, Production, Technological Changes
Concepts:
Production
Concepts:
Capital Resources, Production, Technological Changes, Benefit, Productivity
Concepts:
Demand, Quantity Demanded, Quantity Supplied, Shortage, Supply
Concepts:
Types of Unemployment
Concepts:
Cost/Benefit Analysis, Decision Making, Incentive, Opportunity Cost, Profit Motive, Trade-off
Concepts:
Inflation, Deflation
Concepts:
Functions of Money, Characteristics of Money
Concepts:
Markets, Natural Resources, Producers, Profit Motive
Concepts:
Decision Making, Economic Wants, Goods, Opportunity Cost, Scarcity
Concepts:
Economic Systems
Concepts:
Exchange Rate
Concepts:
Functions of Money
Concepts:
Role of Government, Scarcity, Communities and Cities
Concepts:
Investing, Stock Market
Concepts:
Specialization
Concepts:
Demand, Markets, Production, Supply, Market Economy
Concepts:
Inflation, Investing, Deflation
Concepts:
Demand, Equilibrium Price, Markets, Price, Supply
Concepts:
Choice, Scarcity
Concepts:
Demand, Income, Supply, Human Capital, Investment
Concepts:
Capital Resources
Concepts:
Cost/Benefit Analysis, Decision Making
Concepts:
Exchange, Specialization
Concepts:
Cost/Benefit Analysis, Externalities, Incentive, Role of Government, Taxation, Communities and Cities
Concepts:
Cost/Benefit Analysis, Decision Making
Concepts:
Economic Growth
Concepts:
Choice, Cost/Benefit Analysis, Entrepreneurship, Legal and Social Framework, Technological Changes
Concepts:
Choice, Specialization
Concepts:
Factors of Production, Human Resources, Specialization
Concepts:
Role of Government, Taxation, Communities and Cities
Concepts:
Choice, Consumers, Demand, Price, Producers, Scarcity, Supply
Concepts:
Banking, Choice, Decision Making
Concepts:
Economic Wants
Concepts:
Inflation, Opportunity Cost, Deflation
Concepts:
Entrepreneurship
Concepts:
Exchange
Concepts:
Choice, Opportunity Cost, Scarcity
Concepts:
Demand, Incentive, Supply
Concepts:
Cost/Benefit Analysis, Costs
Concepts:
Choice, Incentive
Concepts:
Productive Resources, Technological Changes, Human Capital, Investment
Concepts:
Absolute Advantage, Goods, Human Resources, Producers, Comparative Advantage, Services
Concepts:
Choice, Cost/Benefit Analysis, Decision Making, Externalities, Role of Government, Taxation, Regulation
Concepts:
Economic Freedom, Human Resources, Labor
Concepts:
Accounting Profit, Human Resources, Human Capital, Investment, Labor, Labor Market, Wage, Prices of Inputs, Accounting Loss
Concepts:
Competition, Demand, Markets, Price, Scarcity, Supply
Concepts:
Goods, Specialization, Labor, Services, Job
Concepts:
Goods, Government Expenditures, Government Revenues, Taxation, Services
Concepts:
Goods, Producers, Services
Concepts:
Division of Labor, Specialization
Concepts:
Goods, Services
Concepts:
Capital Resources, Consumers, Credit, Decision Making
Concepts:
Budget, Budget Deficit, National Debt, Fiscal Policy, Budget Surplus
Concepts:
Competition, Consumers, Legal and Social Framework, Technological Changes
Concepts:
Aggregate Demand (AD), Aggregate Supply (AS), Capital Resources, Choice, Competition, Demand, Entrepreneurship, Property Rights
Concepts:
Decision Making, Role of Government
Concepts:
Budget, Budget Deficit, National Debt, Surplus, Fiscal Policy, Budget Surplus
Concepts:
Choice, Cost/Benefit Analysis, Decision Making
Concepts:
Characteristics of Money
Concepts:
Choice, Redistribution of Income, Role of Government, Scarcity
Concepts:
Choice, Cost/Benefit Analysis, Decision Making, Opportunity Cost
Concepts:
Economic Systems, Incentive, Price
Concepts:
Factors of Production, Production
Concepts:
Credit, Decision Making, Interest Rate, Characteristics of Money
Concepts:
Decision Making, Demand, Economic Systems, Exchange, Functions of Money, Money Supply, Supply
Concepts:
Entrepreneurship
Concepts:
Natural Resources, Productive Resources
Concepts:
Credit, Decision Making, Opportunity Cost, Scarcity
Concepts:
Budget, Consumers, Decision Making, Housing, Incentive, Income, Mortgage
Concepts:
Capital Resources, Exchange Rate, Income, Natural Resources
Concepts:
Capital Resources, Entrepreneurship, Income, Natural Resources
Concepts:
Housing, Interest Rate, Mortgage, Opportunity Cost, Trade-off
Concepts:
Capital Resources, Entrepreneurship, Income, Natural Resources
Concepts:
Competition, Benefit, Money
Concepts:
Banking, Credit, Functions of Money, Interest Rate, Money Supply
Concepts:
Business, Consumers, Demand, Quantity Demanded, Quantity Supplied, Supply
Concepts:
Decision Making, Exports, Imports, Economic Institutions
Concepts:
Competition, Demand, Price, Supply
Concepts:
Factors of Production, Incentive, Marginal Resource Product, Profit Maximization
Concepts:
Income, Distribution of Income
Concepts:
Demand, Supply
Concepts:
Human Resources, Income, Opportunity Cost, Trade-off, Labor Market
Concepts:
Incentive, Inflation, Production, Deflation, Physical Capital, Productivity
Concepts:
Choice, Decision Making, Exchange Rate, Functions of Money, Incentive, Currency
Concepts:
Competition, Factors of Production, Markets
Concepts:
Cost/Benefit Analysis
Concepts:
Markets, Natural Resources
Concepts:
Barriers to Trade, Exports, Imports
Concepts:
Budget
Concepts:
Taxation
Concepts:
Banking, Exchange, Functions of Money, Interest Rate, Opportunity Cost, Currency, Money, Characteristics of Money
Concepts:
Consumers, Entrepreneurship, Incentive, Producers
Concepts:
Barter, Exchange, Functions of Money, Characteristics of Money
Concepts:
Goods, Money Supply, Currency, Services, Characteristics of Money
Concepts:
Barter, Exchange, Goods, Currency, Money, Services
Concepts:
Consumers, Gross Domestic Product (GDP), Goods, Intermediate Good, Stock Market, Services
Concepts:
Banking, Budget, Choice, Decision Making, Income, Interest Rate, Opportunity Cost, Trade-off, Savings
Concepts:
Absolute Advantage, Exchange, Goods, Interdependence, Specialization, Comparative Advantage, Services
Concepts:
Advertising, Business, Division of Labor, Goods, Interdependence, Specialization, Technological Changes, Services
Concepts:
Barter, Exchange, Goods, Interdependence, Services
Concepts:
Exchange Rate, Price, Currency, Characteristics of Money
Concepts:
Entrepreneurship, Investing, Opportunity Cost, Profit Motive, Innovation
Concepts:
Absolute Advantage, Exports, Gross Domestic Product (GDP), Specialization, Comparative Advantage, Imports
Concepts:
Choice, Decision Making, Opportunity Cost, Trade-off, Costs
Concepts:
Inflation, Price, Price Stability, Consumer Price Index (CPI), Deflation
Concepts:
Decision Making, Gross Domestic Product (GDP), Inflation, Deflation, Unemployment Rate
Concepts:
Demand, Housing, Markets, Scarcity, Supply
Concepts:
Capital Resources, Demand, Factors of Production, Human Resources, Natural Resources, Supply
Concepts:
Consumers, Demand, Equilibrium Price, Producers, Quantity Demanded, Quantity Supplied, Supply, Substitute Good
Concepts:
Cost/Benefit Analysis, Federal Reserve Structure, Housing, Incentive, Income, Mortgage, Price, Federal Reserve
Concepts:
Inflation, Deflation
Concepts:
Consumers, Cost/Benefit Analysis, Demand, Incentive, Natural Resources, Role of Government, Supply, Substitute Good
Concepts:
Demand, Incentive, Scarcity, Supply
Concepts:
Consumers, Economic Wants, Goods, Producers, Productive Resources, Services
Concepts:
Cost/Benefit Analysis, Economic Efficiency
Concepts:
Choice, Decision Making, Opportunity Cost, Productive Resources, Scarcity
Concepts:
Inflation, Deflation
Concepts:
Interest Rate
Concepts:
Banking, Credit, Federal Reserve Structure, Housing, Inflation, Interest Rate, Mortgage, Deflation, Federal Reserve
Concepts:
Economic Freedom, Incentive
Concepts:
Federal Reserve Structure, Money Supply, Currency, Federal Reserve
Concepts:
Budget Deficit, Government Expenditures, Government Revenues, Taxation, Budget Surplus
Concepts:
Cost/Benefit Analysis, Economic Growth
Concepts:
Budget Deficit, National Debt, Budget Surplus
Concepts:
Markets, Trade-off
Concepts:
Consumer Economics, Gross Domestic Product (GDP), Money Supply, Price, Production, Stock Market
Concepts:
Demand, Incentive, Market Structure, Scarcity, Supply
Concepts:
Trade-off, Money, Characteristics of Money
Concepts:
Cost/Benefit Analysis, Incentive, Labor Union
Concepts:
Decision Making, Economic Systems, Exchange Rate
Concepts:
Economic Efficiency, Economic Equity, Economic Freedom, Economic Growth, Economic Security, Markets
Concepts:
Cost/Benefit Analysis, Trade-off
Concepts:
Competition, Consumer Economics, Demand, Economic Growth, Redistribution of Income, Supply, Distribution of Income, Market Economy, Standard of Living
Concepts:
Economic Freedom, Economic Growth, Trade-off, Command Economy
Concepts:
Choice, Cost/Benefit Analysis, Incentive, Investing
Concepts:
Aggregate Demand (AD), Federal Reserve Structure, Gross Domestic Product (GDP), Inflation, Tools of the Federal Reserve, Deflation, Fiscal Policy, Monetary Policy, Federal Reserve
Concepts:
Demand, Economic Equity, Economic Freedom, Full Employment, Incentive, Price, Supply, Unemployment, Unemployment Rate
Concepts:
Consumers, Credit, Incentive
Concepts:
Exchange Rate, Goods, Price, Currency, Services
Concepts:
Banking, Business, Interdependence, Markets
Concepts:
Price
Concepts:
Banking, Economic Efficiency, Economic Freedom, Market Structure
Concepts:
Banking, Competition, Federal Reserve Structure, Federal Reserve
Concepts:
Natural Resources
Concepts:
Inflation, Deflation
Concepts:
Housing, Incentive
Concepts:
Cost/Benefit Analysis
Concepts:
Demand, Equilibrium Price, Markets, Supply, Determinants of Demand, Determinants of Supply
Concepts:
Human Capital, Investment
Concepts:
Demand, Goods, Incentive, Shortage, Supply, Services
Concepts:
Goods, Services
Concepts: Economic Wants,Choice,Counting,Computation strategies
Concepts: Scarcity,Nonstandard measurement,Area
Concepts: Goods,Collect and organize data
Concepts: Services,Compare and order by size
Concepts: Natural resources,Equal groups,equal sharing,computing with addition and subtraction
Concepts: Human resources,capital goods,measure using tools
Concepts: Producer,Time
Concepts: Consumers,Money
Concepts: Choice,Opportunity Cost,Graphs
Concepts: Human Resources,Human Capital,Shapes
Concepts: Specialization,Shapes,Data Collection,Graphs
Concepts: Barter,Patterns
Concepts: Compound Interest,Consumption,Disposable Income,Income,Principal,Rule of 72,Saving,Simple Interest
Concepts: Human Capital,Income,Investment in human capital,Opportunity cost
Concepts: Capital gain,Dividend,Income,Mutual fund,Saving,Stock
Concepts: Closing Price,Dividend,Net Asset Value,Price/earnings Ratio (P/E ratio),Stock Symbol,Trading Volume,Yield
Concepts: Bond,Bond Rating,Coupon,Coupon Bond,Coupon Rate,Face Value,Maturity Date,Par Value,Risk,Zero-Coupon Bond
Concepts: Diversification,Liquidity,Load,Mututal Fund,Net Asset Value,Risk and Reward
Concepts: Initial Public Offering (IPO),Market,Primary Market,Secondary Market,Stock Market
Concepts: Buying On Margin,Opportunity Cost,Short Cover,Short Sale
Concepts: Compound Interest,Diversification,Forms of saving and investing,reward,risk
Concepts: Corporation,Debt Financing,Economic Investment,Equity Financing,Financial Institutions,Financial Investment,Limited Liability,Partnership,Primary Markets,Proprietorship,Secondary Markets,Venture Capitalist
Concepts: Alternatives,Choice,Fundamental Analysis,Opportunity Cost,Scarcity
Concepts: Choice,Costs and Benefits,Credit,Debt,Interest,Revolving Credit
Concepts: Benefits,Costs,Goals,Incentives,Interest,Long-Term Goal,Medium-Term Goal,Opportunity Cost,Saving,Short-Term Goal
Concepts: Demand,Equilibrium Price,Shift In Demand or Supply,Shortage,Supply,Surplus
Concepts: Government Failure,Market Failer,Ponzi Scheme,Too Big To Fail
Concepts: Business Cycles,Contraction,Economic Forecasting,Expansion,Gross Domestic Product,Leading Economic Indicators,Peak,Recession,Trough
Concepts: Causes and effects of the stock market crash of 1929,Causes and effects of the stock market crash of 1987,Causes and effects of the stock market crash that began in 2007,Federal Reserve,Monetary policy,Supply and demand
Concepts: Diversification,Insurance,Market-price risk,Risk
Concepts: Currency Markets,Diversification,Exchange Rate,Strong and Weak Dollar
Concepts: Bond,Mutaul Fund,Stock,Stock Market
Concepts: Bond,Certificate of Deposit,Diversification,Liquidity,Money Market Account,Mutual Funds,Principal,Rate of Return,Risk,Savings Account,Stocks
Concepts: Scarcity,Opportunity Cost,The Economic Way of Thinking
Concepts: Scarcity,Opportunity Cost,The Economic Way of Thinking
Concepts: Scarcity,Opportunity Cost,Trade-offs
Concepts: Absolute Advantage,Comparative Advantage,Specialization,Exchange
Concepts: Change in demand,Change in quantity demanded,Determinants of demand
Concepts: Change in supply,Change in quantity supplied
Concepts: Equilibrium price,Equilibrium quantity
Concepts: Unemployment,Inflation,Recession,Depression,Peak,Trough,Expansion,Contraction,Recovery
Concepts: Scarcity,Opportunity Cost,The Economic Way of Thinking
Concepts: Gross Domestic Product (GDP)
Concepts: GDP
Concepts: Inflation
Concepts: Unemployment,Employment,The Labor Force,Labor Force Participation Rate
Concepts: Scarcity,Opportunity Cost,The Economic Way of Thinking
Concepts: Aggregate Demand
Concepts: Average Propensity to Consume (APC),Average Propensity to Save (APS),Marginal Propensity to Consume(MPC),Marginal Propensity to Save(MPS)
Concepts: Aggregate Supply
Concepts: Aggregate Supply,Aggregate Demand
Concepts: Long-run Aggregate Supple Curve (LRAS),Actual GDP,Potential Real GDP
Concepts: Scarcity,Opportunity Cost,The Economic Way of Thinking
Concepts: Financial assets
Concepts: Required reserve ratio,Required reserves,Excess reserves,Deposit expansion multiplier
Concepts: Transactions demand for money,Precautionary (liquidity) demand for money,the speculative demand for money
Concepts: Structure of the Fed
Concepts: Real Interest Rate,Nominal Interest Rate,Fisher Equation
Concepts: Equation of Exchange,Variables in the equation of exchange
Concepts: Scarcity,Opportunity Cost,The Economic Way of Thinking
Concepts: Automatic Stabilizers,Discretionary Fiscal Policy
Concepts: Aggregate Supply
Concepts: Budget deficit,Budget surplus,debt
Concepts: The Crowding Effect
Concepts: Phillips Curve
Concepts: Scarcity,Opportunity Cost,The Economic Way of Thinking
Concepts: Short-term fluctuation in output,Long-run economic growth
Concepts: Long-run aggregate supply curve,production possibilities curve
Concepts: Scarcity,Opportunity Cost,The Economic Way of Thinking
Concepts: Comparative advantage,tariffs,quotas,regulations to limit trade
Concepts: Current account,financial account,balance of trade,balance of payments,debit,credit
Concepts: Foreign exchange markets
Concepts: Effects of monetary and fiscal policy on foreign exchange markets
Concepts: Capital flow
Concepts: Scarcity,Opportunity cost,Economic way of thinking
Concepts: Scarcity,Opportunity Cost,Trade-offs
Concepts: Absolute Advantage,Comparative Advantage,Specialization,Exchange,Input Method,Output Method
Concepts: Change in demand,Change in quantity demanded,Determinants of demand,Consumer surplus
Concepts: Change in supply,Change in quantity supplied,Producer surplus
Concepts: Equilibrium price,Equilibrium quantity
Concepts: Pure Market Economy,Free Enterprise System,Capitalism,Command Economy,Centrally Planned Economy,Traditional System,Mixed System
Concepts: Marginal Benefit,Marginal Cost,Total Benefit,Total Cost,Economic Way of Thinking
Concepts: Resource Allocation
Concepts: Total Utility,Marginal Utility,Diminishing Marginal Utility,The Law Of Demand
Concepts: Price Elasticity of Demand,Elastic Demand,Inelastic Demand,Unit Elastic Demand,Perfectly Elastic Demand,Perfectly Inelastic Demand,Income Elasticity of Demand,Cross-Price Elasticity of Demand,Price Elasticity of Supply,Normal Good,Inferior Good,Substitute
Concepts: Price Floors,Price Ceilings
Concepts: Property Rights,Marginal Private Benefit,Marginal Social Benefit,Marginal Private Cost,Marginal Social Cost
Concepts: Perfect Competition,Monopolistic Competition,Oligopoly,Monopoly
Concepts: Marginal Physical Product,Average Physical Product,Total Product,Total Cost,Total Variable Cost,Total Fixed Cost,Average Total Cost,Average Variable Cost,Average Fixed Cost,Marginal Cost,Diminishing Marginal Productivity,Explicit and Implicit Costs,Long-r
Concepts: Total Revenue,Average Revenue,Marginal Revenue,Total Profit,Average Profit,Marginal Profit
Concepts: Perfect Competition in the Short and Long Terms, Perfectly Competitive Market,Price Taker
Concepts: Demand,Average Revenue,Marginal Revenue,Total Revenue functions of a monopoly
Concepts: Monopolistic Competition,Oligopoly
Concepts: Markets for Resources
Concepts: Product Market,Resource Market,Marginal Revenue Product,Marginal Resource Cost,Derived Demand,Monopsomy
Concepts: Monopsomy,Minimum Wage
Concepts: Economic Rent
Concepts: Public Goods,Private Goods
Concepts: Third-Party Costs (Negative Externalities or Social Spillover Costs),Third-Party Benefits (Positive Externalities or Social Spillover Benefits)
Concepts: Ability-to-Pay,Benefits-Received,Progressive,Proportional,Regressive Taxes,Lorenze Curve,Gini Coefficient
Concepts: Income for most people is determined by the market value of their labor, paid as wages and salaries. People can increase their income and job opportunities by choosing to acquire more education, work experience, and job skills. The decision to undertake an activity that increases income or job opportunities is affected by the expected benefits and costs of such an activity. Income also is obtained from other sources such as interest, rents, capital gains, dividends, and profits.
Concepts: People cannot buy or make all the goods and services they want; as a result, people choose to buy some goods and services and not buy others. People can improve their economic wellbeing by making informed spending decisions, which entails collecting information, planning, and budgeting.
Concepts: Saving is the part of income that people choose to set aside for future uses. People save for different reasons during the course of their lives. People make different choices about how they save and how much they save. Time, interest rates, and inflation affect the value of savings.
Concepts: Credit allows people to purchase goods and services that they can use today and pay for those goods and services in the future with interest. People choose among different credit options that have different costs. Lenders approve or deny applications for loans based on an evaluation of the borrower’s past credit history and expected ability to pay in the future. Higher-risk borrowers are charged higher interest rates; lower-risk borrowers are charged lower interest rates.
Concepts: Financial investment is the purchase of financial assets to increase income or wealth in the future. Investors must choose among investments that have different risks and expected rates of return. Investments with higher expected rates of return tend to have greater risk. Diversification of investment among a number of choices can lower investment risk.
Concepts: People make choices to protect themselves from the financial risk of lost income, assets, health, or identity. They can choose to accept risk, reduce risk, or transfer the risk to others. Insurance allows people to transfer risk by paying a fee now to avoid the possibility of a larger loss later. The price of insurance is influenced by an individual’s behavior.
Concepts: Command Economy,Competition,Entrepreneur,Entrepreneurship,Factors of Production,Market,Market Economy,Production,Revenue,Surplus,Shortage
Concepts: Capitalism,Capital Goods,Consume,Economic Growth,Goods,Investment,LaborMarket Economy,Command Economy,Factors of Production,Competition
Concepts: Supply Chain,Assets,Resources,Vertical Integration
Concepts: Sole Proprietorship,Partnership,Corporation,Franchise,Opportunity Cost
Concepts: Accounting Profit,Capital,Cost,Economics,Economic Loss,Economic Profit,Explicit Cost,Human Capital,Income,Income Statement,Implicit Cost,Normal Profit,Profit,Return,Return on Investment
Concepts: Insurance,Risk
Concepts: Cost,Cost/Benefit Analysis,Credit,Debt,Debt Financing,Equity,Equity financing
Concepts: Credit,Credit report,FICO score,Income,Investor
Concepts: Human capital
Concepts: Complementary Good,Inferior Good,Market,Marketing,Normal Good,Product,Substitute,Substitute Good,Target Good
Concepts: Business,Business Plan,Opportunity recognition
Concepts: Production possibilities frontier (PPF),Opportunity cost,Resources
Concepts: Scarcity,Allocation,Price mechanism
Concepts: Marginal analysis,Diminishing returns,Marginal product,Marginal cost,Marginal utility,Diminishing Marginal utility
Concepts: Supply,Demand,Surplus,Shortage,Market-clearing (or equilibrium) price,Equilibrium quantity
Concepts: Price ceiling,Price floor,Shortages,Surpluses
Concepts: Determinants of demand,Determinants of supply,Equilibrium price and quantity
Concepts: Equilibrium price,Equilibrium quantity,Supply,Demand,Interdependence
Concepts: Productivity,Specialization,Division of labor,Investment in capital goods,Investment in human capital
Concepts: Efficient quantity (of a resource or a product),Perfect competition,Monopoly,Profit,Total revenue,Total cost,Barriers to entry
Concepts: Perfectly competitive markets,Imperfectly competitive markets,Market structures,Interdependence,Collusion,Dominant strategy,Nash equilibrium,Game theory,Payoff matrix
Concepts: Efficient quantity (of a good or service),Rival and non-rival,Excludable and non-excludable,Private good or service,Public good or service
Concepts: Externalities (spillover benefits and costs),Market failure
Concepts: Labor,Labor Market,Demand,Derived demand,Supply,Wages,Salary,Income,Human Capital
Concepts: Income distribution,Redistribution of income,Transfer payments
Concepts: Self-interest,Expected benefits,Costs of voting,Information search costs,Special-interest effects,Government failure
Concepts: Human resources,Capital resources,Natural resources,Goods and services (products),Circular-flow model of an economy,Households,Businesses,Income,Expenditures,Inputs (factors of production),Outputs,Revenues,Costs,Profit,Resource markets,Product markets
Concepts: Inflation,U.S. Consumer Price Index (CPI),Inflation rate,Purchasing power,Real versus nominal price
Concepts: Labor force,Employed,Unemployed,Unemployment rate,Discouraged worker,Part-time worker
Concepts: Economic growth,Gross domestic product (GDP),Nominal GDP,Real GDP,Real GDP per capita,Standard of living
Concepts: Business cycle,Expansion,Contraction (recession),Total spending,Incentive to produce
Concepts: Fiscal policy,Expansionary fiscal policy,Tax policy,Contractionary fiscal policy,Multiplier effect,Crowding-out effect
Concepts: Excess reserves,M1,Money creation,Money multiplier,Money supply,Required reserves,Reserve requirements
Concepts: Interest rate,Financial institution,Certificate of deposit (CD),Commercial bank,Credit union,Federal funds rate,Prime rate,Mortgage,Automobile loan,Credit card,Real interest rate,Nominal interest rate
Concepts: Bank reserves,Dual mandate,Federal Reserve System (the Fed),Federal funds market,Federal funds rate,Interest,Interest rate,Monetary policy,Open market operations,Reserve requirements,Discount rate,Interest on reserves
Concepts: Voluntary trade,Voluntary exchange,Costs,Benefits
Concepts: Absolute advantage,Comparative advantage,Opportunity cost,Production possibilities frontier (PPF)
Concepts: Production costs,Demand
Concepts: Economic efficiency,Economic equity,Economic freedom,Economic growth,Economic security,Economic stability,Trade-offs
Concepts: Migrations,Push Factors,Pull Factors,Costs,Benefits
Concepts: Capital goods,Consume,Consumer goods,Economic growth,Good,Investment,Labor,Labor productivity,Scarcity,Standard of living
Concepts: Innovation,Invention,Product,Production,Productivity,Revolution,Standard of Living,Technological changes
Concepts: Capital,Capital Resources,Human Resources,Natural Resources,Product,Productive Resources,Resources,Scarcity,Specialization,Surplus,Trade
Concepts: Entrepreneur,Entrepreneurship,Profit
Concepts: Caste system,Command economy,Discrimination,Economic system,Market,Market economy,Traditional Economy
Concepts: Barter,Market,Markets,Product,Relative price,Trade
Concepts: Choice,Cost,Scarcity,Opportunity cost,Product,Production,Production possibility frontier
Concepts: Opportunity cost,Voluntary exchange,Absolute advantage,Cost,Exchange,Product,ProductionComparative advantage,Production possibilities frontier (optional activity),Voluntary Exchange
Concepts: Government expenditures,Government failure,Public goods and services,Subsidy,Revenue,Services, Wage,Taxes,Tax revenue,Wages
Concepts: Economic system,Command system,Market, Market system,Traditional system
Concepts: Consume, Inflation,Purchasing power,Consumer price index (CPI)
Concepts: Money,Character,Characteristics of money,Exchange,Functions of money,Legal tender,Medium of exchange,Store of value,Unit of account
Concepts: Economic incentives,Economic system
Concepts: Costs of production,Labor,Labor market,Market,Product,Production,Productive resources,Productivity,Resources,Scarcity,Standard of living,Wage,Workers
Concepts: Production,Specialization,Product,Productivity,Monopoly
Concepts: Incentives,Technology
Concepts: Demand,Determinants of Demand,Market,Markets,Price,Supply,Entrepreneurship,Investment,Profit,Risk
Concepts: Entrepreneurship,Investment,Profit,Risk
Concepts: Legal foundations of a market economy,Market,Market economy,Product,Productivity,Productive resources,Specialization,Standard of living,Trade,Voluntary exchange
Concepts: Banking,Deposits,Interest,Loans
Concepts: Balance of trade,Exports,Imports,Scarcity,Trade
Concepts: Exchange,Free trade,Trade,Voluntary trade,Wealth,Mercantilism
Capstone: Exemplary Lessons for High School Economics - Teacher's Guide]]>
Capstone: Exemplary Lessons for High School Economics - Student Activities]]>
Choices & Changes: In Life, School, & Work - Grades 2-4 - Teacher's Resource Manual]]>
Choices & Changes: In Life, School, and Work - Grades 2-4 - Student Journal]]>
Choices & Changes: In Life, School, & Work - Grades 5-6 - Teacher's Resource Manual]]>
Choices & Changes: In Life, School, and Work - Grades 5-6 - Student Journal]]>
Choices & Changes: In Life, School, and Work - Grades 7-8 - Teacher's Resource Manual]]>
Choices & Changes: In Life, School, and Work - Grades 7-8 - Student Journal]]>
Choices & Changes: In Life, School, and Work - Grades 9-10 - Teacher's Resource Manual]]>
Choices & Changes: In Life, School, and Work - Grades 9-10 - Student Journal]]>
Focus: Understanding Economics in Civics and Government]]>
The Classroom Mini-Economy]]>
Connecting the Pieces: Building a Better Economics Lesson]]>
Economics & Entrepreneurship: Operating a Classroom Business in the Elementary and Middle School]]>
Economics and the Environment: Ecodetectives]]>
Economics from Here to There ]]>
Economics in Action: 14 Greatest Hits for Teaching High School Economics]]>
Economies in Transition: Command to Market]]>
Energy, Economics, and the Environment: Case Studies and Teaching Activities for Elementary School]]>
Energy, Economics, and the Environment: Case Studies and Teaching Activities for High School]]>
Entrepreneurship in the U.S. Economy: Teacher Resource Manual]]>
Entrepreneurship in the U.S. Economy: Student Book of Readings]]>
Exploring the Marketplace: The Community Publishing Company - Teacher Resource Manual]]>
Exploring the Community Marketplace: The Community Publishing Company - Activity Book]]>
Financial Fitness for Life: K-2 - Teacher Guide]]>
Financial Fitness for Life: K-2 - Student Storybook]]>
Financial Fitness for Life: Grades 3-5 - Teacher Guide]]>
Financial Fitness for Life: Grades 3-5 - Student Workbook]]>
Financial Fitness for Life: Grades 6-8 - Teacher Guide]]>
Financial Fitness for Life: Grades 6-8 - Student Workbook]]>
Financial Fitness for Life: 9-12 - Teacher Guide]]>
Financial Fitness for Life: 9-12 - Student Workbook]]>
Personal Finance Printables: Grades K-5]]>
Personal Finance Printables: Grades K-5]]>
Focus: Economics - Grades K-2]]>
Focus: Economics - Grades 3-5]]>
Focus: Economic Systems]]>
Focus: Globalization]]>
Focus: Institutions and Markets]]>
Focus: International Economics]]>
Focus: Middle School Economics]]>
Focus: Understanding Economics in U.S. History]]>
A Framework for Teaching Basic Economic Concepts: With Scope and Sequence Guidelines, K-12]]>
From Plan to Market: Teaching Ideas for Social Studies, Economics, and Business Classes]]>
Geography: Focus on Economics]]>
The Great Economic Mysteries Book: A Guide to Teaching Economic Reasoning, Grades 4-8]]>
The Great Economic Mysteries Book: A Guide to Teaching Economic Reasoning, Grades 9-12]]>
Learning, Earning and Investing: Grades 4-5 Lessons]]>
Master Curriculum Guide: Economics and Entrepreneurship]]>
Master Curriculum Guides in Economics: Teaching Strategies - K-2]]>
Master Curriculum Guides in Economics: Teaching Strategies - 3-4]]>
Master Curriculum Guides in Economics: Teaching Strategies - 5-6]]>
Mathematics & Economics: Connections for Life - 3-5]]>
Mathematics & Economics: Connections for Life - 6-8]]>
Mathematics & Economics: Connections for Life - 9-12]]>
Middle School World Geography: Focus on Economics]]>
Nexus: Connections Between Economics and Civics]]>
Old MacDonald to Uncle Sam: Lesson Plans from Writers around the World]]>
Personal Decision Making: Focus on Economics]]>
Playful Economics]]>
Resources A to Z]]>
Roosters to Robots: Lesson Plans from Writers around the World]]>
Teaching Economics Using Children's Literature]]>
Teaching Financial Crises]]>
Teaching the Ethical Foundations of Economics]]>
Trading Around the World]]>
Virtual Economics: Insurance Lessons]]>
Voluntary National Content Standards in Economics]]>
What Economics Is About: Understanding the Basics of Our Economic System]]>
What Personal Finance Is About: The Economics of Financial Decision Making]]>
The Wide World of Trade]]>
World History: Focus on Economics]]>
Your Credit Counts Challenge: Trainer's Guide]]>
Your Credit Counts Challenge: Participant's Guide]]>
Your Credit Counts Challenge: Participant's Guide (Spanish)]]>
K Thru 2 Can Do! Math and Economics]]>
Learning, Earning, and Investing for a New Generation]]>
Advanced Placement Economics: Macroeconomics Teacher Manual]]>
Advanced Placement Economics: Microeconomics Teacher Manual]]>
National Standards for Financial Literacy]]>
Entrepreneurship Economics]]>
High School Economics]]>
Focus: Middle School World History]]>