Econ Express

Econ Express is a unique online resource that helps teachers and students learn, practice, and assess basic economic concepts in a creative and engaging way. Covering 51 concepts, Econ Express serves as a general overview of the content typically taught in a high school Intro to Economics course. It’s all here: from the basics of scarcity and productive resources to more intricate topics like comparative advantage and monetary policy, Econ Express provides an overview to economics that is accessible and easy to use.

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About Econ Express

Fundamentals

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All academic subjects have a foundation. This domain features the key concepts upon which Economics is built.

Concept 1: Scarcity

Concept 2: Opportunity Costs

Concept 3: Productive Resources

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Microeconomics

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The behavior of firms and individuals inside of markets is the focus of microeconomics. Learn how prices are set, the motivations of buyers and sellers interact, and the ways in which markets are structured here.

Concept 15: Circular Flow of the Economy

Concept 16: Law of Supply

Concept 17: Law of Demand

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Macroeconomics

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As its name implies, macroeconomics is all about the big picture of the nationwide economy. Key concepts include measuring and monitoring the economy as well as learning how policymakers affect the economy through political and economic decisions.

Concept 24: Macroeconomic Goals

Concept 25: Gross Domestic Product

Concept 26: Inflation and the CPI

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International

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No modern economy is completely self-sufficient. Trade is critical to global growth and wealth creation. This domain features concepts that explain why trade matters, how it happens, and why some countries limit it.

Concept 36: Comparative Advantage

Concept 37: Balance of Trade

Concept 38: Trade Barriers

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Personal Finance

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Individual decision-making is the cornerstone of personal finance. Budgets, insurance, investing, and work-life all involve applying economic concepts to personal situations.

Concept 42: Rational Decision Making

Concept 43: Household Budgets

Concept 44: Financial Institutions

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Concept 7: Specialization

Overview: Here you will learn why if you want a job done right, you probably should NOT do it yourself. At least, you shouldn't do every job yourself.

Concept 38: Trade Barriers

Overview: Most economists agree that trade is good and free trade is even better. If that's the case, why - and how - do almost all nations try to limit it? This lesson explains.

Concept 12: Roles of Government in the US Economy

Overview: It's no secret that government is significantly involved in the U.S. Economy. But do you know all the things the various levels of government do in the economy? This lesson will help you understand the complex ways the government interacts with the U.S. Economy.