Fundamental concepts like scarcity, opportunity cost, and supply and demand form the basis for the study of macroeconomics. How can individuals and nations engage in mutually …

Learn all about the fields of economics, microeconomics, macroeconomics, finance, and capital markets with hundreds of videos, articles, and practice exercises.

Introduction to economics Scarcity Scarcity and rivalry Four factors of production

In this video, we introduce the field of economics using quotes from the person that many consider to be the "father" of economics: Adam Smith. Topics include the definition of …

Unit 1 Basic economics concepts Unit 2 Economic indicators and the business cycle Unit 3 National income and price determination Unit 4 Financial sector

Unit 1: Basic economic concepts Introduction to economics Economic systems Production possibilities frontier Comparative advantage and the terms of trade

Investment vehicles, insurance, and retirement Money, banking and central banks Options, swaps, futures, MBSs, CDOs, and other derivatives Current economics

Master the fundamentals of interest and its real-life applications in this comprehensive unit. Learn key concepts like simple and compound interest, present value, and the time value of money.

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Economic resources are scarce. Faced with this scarcity, we must choose how to allocate our resources. Economics is the study of how societies choose to do that. Microeconomics …