Economics
This category explores how societies produce, distribute, and consume goods and services. Students learn fundamental economic concepts and develop practical financial literacy skills.
Topics in This Category
- Basic Economic Concepts - Scarcity, opportunity cost, and incentives
- Supply & Demand - How markets determine prices
- Market Structures - Competition, monopoly, and oligopoly
- Economic Systems - Capitalism, socialism, and mixed economies
- Macroeconomic Indicators - GDP, inflation, and unemployment
- Government & Fiscal Policy - Government's role in the economy
- Money, Banking & Monetary Policy - The financial system and central banks
- International Trade - Global trade and its effects
- Personal Finance - Budgeting, saving, and investing
Why It Matters
Economic literacy helps students understand how the economy affects their daily lives and prepares them to make informed financial decisions.