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In this curriculum, students are introduced to basic personal finance and economic concepts, such as scarcity, choice, goods, services, saving, spending, and banks. They explore these concepts through popular children’s literature to reinforce reading fluency.
Economics. M. Welch CHS. Unit 1: Basic Econ. What is Economics? Economics is the study of scarcity and choice. (Basically they are limited). Because something is limited, we need to make decisions regarding how we. So studying economics helps use to better make decisions regarding how to deal with the condition of scarcity. .
How do economic principles influence your daily life? Learn about everything from macro to micro economics, supply and demand, and other economic indicators. Discover how individuals, business leaders, and even the leaders of countries use economic principles to make decisions. It’s all economics! LEarning ObjEctivES 1.
Introduction. Economics is the study of the economy, or the part of a society that creates wealth. Wealth is not just money. Wealth comes from the production of goods and services, which people buy with money.
This video explains the concept of an economy in a simple, concise way for kids and beginners. It could be used by kids & teens to learn about economies, or used as a money & personal finance resource by parents and teachers as part of a Financial Literacy course or K-12 curriculum.
In this video, we introduce the field of economics using quotes from the person that many consider to be the "father" of economics: Adam Smith. Topics include the definition of economics, microeconomics, and macroeconomics as a field and the role of assumptions in economic decisionmaking. Created by Sal Khan.
The Classroom Mini-Economy: a form of economics instruction in which students participate in a classroom economy in order to simulate real world economic activity.
