Overview: You may have heard it said that there's no reward without risk. When it comes to investing, there is a kernel of truth to that. This lesson explains why.
Overview: Not all taxes are created equal. Furthermore, not all taxes affect people the same way. This lesson explains different taxes and how they impact people in different ways.
Overview: Credit is a tool that, when used effectively, helps people get homes, cars, start businesses, and further their education. When misused, it can literally ruin lives. This lesson explains how.
Overview: So you want to borrow some money? I need to know that you are very likely to repay it. But how? This lesson explains what lenders look for before making important loans.
Overview: When you put money in the bank it can earn interest. But did you know there are different kinds of interest? This lesson explains a fundamentally important concept of investing - simple vs. compound interest.
Overview: Insurance commercials, billboards, and ads are all over the place. Have you ever stopped to ask why? Why do all these companies want you to buy insurance from them so badly? Do you even need insurance? This lesson is a great starter on how insurance works.
Overview: Did you know when you go for a job interview employers are looking at a lot more than what's on your resume? Getting a fancy education is helpful, but there are many other workplace skills that employers look for. Click here to find out what they are.
Overview: Ever paid taxes on anything? Ever attended a public school or driven on a highway? If so, you were seeing fiscal policy in action without even thinking about it. This lesson explains how the Government can alter the economy through taxes and spending.
Overview: When is enough really enough? Just how many slices of pizza should you eat? Is it worth studying one more hour? Marginal analysis can help answer these questions and many more!
Overview: When you purchase something you may tell the cashier "thank you." Typically, the cashier will reply "thank you" as well. This concept explains why.
Overview: Who should decide what to do with the resources in a country? The people? The government? Both? These questions form the basis for understanding economic systems.
Overview: Which economic system is "better?" The answer depends on what the goals of a society are. In this lesson, you will learn about a variety of goals and how different systems prioritize those goals.
Overview: First-come-first-served? Price? Sharing? Figuring out who gets what can be complicated! This lesson will help you understand a variety of methods people use to divide up resources, goods, and services.
