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Level 1
How economies & everyday decisions work
Economics - How economies & everyday decisions work: This level builds the foundation and removes the beginner confusion before the topic gets technical. Expect plain explanations, practical examples, and decision rules you can actually use.
01
What is economics & why it matters to you
02
Scarcity, choice & opportunity cost
03
Supply & demand: the core of every market
04
How prices are set in a free market
05
What is GDP & how do we measure an economy?
06
Inflation: what it is & why it affects your wallet
07
Unemployment: types, causes & consequences
08
The role of money: barter to modern currency
09
Governments & markets: the basics of policy
10
Economic systems: capitalism, socialism & mixed economies
