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Economics for Kids

Economics

Economics is the social science concerned with the production, distribution, exchange, and consumption of goods and services in the context of human society. Modern economics focuses on how individuals, groups, business enterprises, and government institutions interact and participate in economic activities. Two major sub-fields of economics are microeconomics and macroeconomics. Microeconomics deals with the interplay of supply and demand in competitive markets, and economic behavior of individuals and firms. Macroeconomics on the other hand deals with national income, employment, monetary and fiscal policies.
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Basic Economics Lesson 1 - Humans Act
Grade: 8 - 12
The economics lesson discusses the foundation of economics - human actions and production.
6:55
 

Basic Economics Lesson 2 - Exchange and Prices
Grade: 8 - 12
The lesson traces the logic of human action to the formation of prices.
9:15
 

Basic Economics Lesson 3 - Prices and Production
Grade: 8 - 12
The lesson describes how the profit and loss system guides entrepreneurs to produce products that are most desirable using factors that are least desirable.
9:55
 

Basic Economics Lesson 4 - Time Preference, Interest
Grade: 8 - 12
Learn where interest rates come from and also how they act to coordinate economic activity.
10:25
 

Basic Economics Lesson 5 - On Money
Grade: 8 - 12
Find out how money comes into use, what makes good money, and where the value of money comes from.
9:15
 

Keynesian Economics
Grade: 8 - 12
A brief overview and explanation of Keynesian Economics.
8:50
 

Why Debt Matters
Grade: 8 - 12
The video describes the current debt situation of the US.
9:15
 

National Debt and Budget Deficit Explained
Grade: 8 - 12
Learn about the debt to GDP ratio of other nations using the CIA Factbook.
7:20
 

The Federal Reserve System Explained - part 1
Grade: 8 - 12
A presentation on the Federal Reserve System, the central banking system of the United States.
9:55
 

The Federal Reserve System Explained - part 2
Grade: 8 - 12
8:55
 

Inflation Explained - part 1/4
Grade: 8 - 12
The lesson explains what inflation is, what causes it, the main theories of inflation and terms associated with inflation.
10:10
 

Inflation Explained - part 2/4
Grade: 8 - 12
10:00
 

Inflation Explained - part 3/4
Grade: 8 - 12
8:10
 

Inflation Explained - part 4/4
Grade: 8 - 12
4:00
 

Economic Terms
Grade: 8 - 12
Learn the vocabulary related to economics and the economy.
6:50
 

Bankruptcy Vocabulary
Grade: 8 - 12
The lesson focuses on the two most common types of bankruptcy in U.S. law : Chapter 11 & Chapter 7.
10:15
 

Accounting Vocabulary
Grade: 8 - 12
The lesson introduces English vocabulary related to finance, accounting and accountants.
9:55
 

Finance & Accounting Vocabulary
Grade: 8 - 12
The lesson introduces English vocabulary related to finance and accounting.
10:10
 

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