Economics

Explore the concept of scarcity in economics and its profound effects on our daily lives. Learn how businesses, consumers, and governments navigate the challenge of limited resources and unlimited wants.

Explore the essential features of money, from durability to limited supply, that allow it to facilitate the exchange of goods and services effectively.

Explore how countries trade goods like maple syrup and cars. Understand the journey of imports and exports and their impact on everyday life.

Discover how taxes contribute to creating and maintaining public goods like schools, parks, and roads, making our communities better places for everyone.

Discover how international trade connects countries, promotes economic growth, and spreads innovative technologies for a better world.

The production of various items involves utilizing natural resources, human skills, and man-made tools, essential not only for making chocolate but also for constructing cities, homes, and manufacturing clothing.

Explore how economies work by looking at three economic systems: a Market Economy, a Traditional Economy, and a Command Economy.

Explore how different types of market competition, like Perfect Competition, Oligopoly, and Monopoly, affect the games and products we love,

Explore how the government creates and maintains public goods and services like libraries and playparks that help shape our communities, funded by everyone for everyone's benefit.

Explore how specialization helps people and countries focus on specific skills or products, leading to better quality and efficiency, like Germany’s technology and Mexico's food produce.