Overview: Why does the United States import so many clothes and shoes? Why do some countries seem to be associated with one product, like oil, so much? The answers to these questions, and more, can be found in this lesson.
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.
Overview: It's no secret that trade is beneficial. Some nations like to put that in writing and make agreements with each other called trade blocs. Learn more here.
Overview: Pesos, dollars, and rupees - oh my! With so many different currencies in the world, buying and selling goods and services across borders can get complicated. This lesson explains how trading currencies works.
Overview: In this lesson you will learn how currencies are really no different than most goods and services when it comes to how they respond to supply and demand.
Overview: Which college should you attend? Should you even attend college? Should you get a new car? Should you get married? A rational decision-making model can help answer questions like this and millions more.
Overview: Everyone can use them and everyone can benefit from them. Learn how household budgets work and can help achieve short and long term goals in this lesson.
Overview: Should you open an account at a bank or credit union? What's the difference anyway? Why are there so many commercials for title pawn lenders these days? This lesson explains.
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.