Scarcity and Economic Reasoning
Key Figures and Topics
Lesson plans on: Scarcity, Trade Offs, and Opportunity Costs
Broad Goals of Economic Policy
Lesson plans on "Incentives Matter"
Supply and Demand
Supply and Demand Buyer Equilibrium
How Supply and Demand Determine Market Price
Factors that Cause Changes in Supply in Demand
Primary Sources on Minimum Wage
How the Financial System Operates
Economics
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Trade
Absolute and Comparative Advantage
Balance of Trade vs. Balance of Payments
Productivity Trends in US and 11 Other Countries
Purchasing Power and Exchange Rates
Money and the Role of Financial Institutions
Economic Growth and Income Inequality
Composition of the Money Supply in the US
The Role of Banks and Other Financial Institutions in the US
National Economic Performance
Aggregate Supply and Demand, GDP, Economic Growth, Unemployment, and Inflation
How GDP, Economic Growth, Unemployment, and Inflation are Calculated
Impacts on Historical Events in U.S History
Relationship between Household, Individuals, and Government
The Role of Government
Government's Response to Social Needs
Revenue and Expenditure Categories
Laws and Regulations that Promote Competition
Natural Monopolies and Government Regulations
Progressive, Proportionsal, and Regressive Taxation
How the Government Uses Fical Policy to Promote Price Stability etc.
