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213 Total Lessons

A Penny Saved is a Penny at 4.7% Earned

There are lots of ways to receive income, and lots of ways to spend it. In this EconomicsMinute you will…
Key Concepts: Balance of Trade and Balance of Payments, Budgeting, Choice…
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Frontier Specialists

The level of output in an economy can be increased through specialization. Economic specialization occurs when people produce different goods…
Key Concepts: Benefits of Trade, Goods and Services, Specialization…
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The Opportunity Cost of a Lifetime

All economic questions and problems arise from scarcity. Economics assumes people do not have the resources do satisfy all of…
Key Concepts: Choice, Decision Making/Cost-Benefit Analysis
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Martin Luther King Jr. Day

January 18, 2016 is Martin Luther King Day. Students can explore the history behind this day and this charismatic man…
Key Concepts: Balance of Trade and Balance of Payments, Division of Labor/Specialization
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