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Current economics. Learn all about the fields of economics, microeconomics, macroeconomics, finance, and capital markets with hundreds of videos, articles, and practice exercises. Content in this domain covers courses from high school to college and beyond.
Economics is not primarily a collection of facts to memorize, although there are plenty of important concepts to learn. Instead, think of economics as a collection of questions to answer or puzzles to work. Most importantly, economics provides the tools to solve those puzzles.
Below, we’ve provided links to short articles that illustrate what economics is and how it connects to our everyday lives. Economics can be defined in a few different ways. It’s the study of scarcity, the study of how people use resources and respond to incentives, or the study of decision-making.
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 economics, microeconomics, and macroeconomics as a field and the role of assumptions in economic decisionmaking.
Dec 16, 2021 · Senior writer: Kathryn O'Neill. In 14.009 (Economics and Society's Greatest Problems), a first-year class taught by Nobel laureates, MIT students discover the power of economics to help solve major societal problems.
Economics. Microeconomics. Unit 1: Basic economic concepts. About this unit. Learn how different types of economies make decisions about what to produce and how to distribute resources. We'll introduce key concepts like opportunity costs, trade-offs, and production possibilities.
The A to Z of economics | The Economist. Economic terms, from “absolute advantage” to “zero-sum game”, explained to you in plain English. A B C D E F G H I J K L M N O P Q R S T U V W Y Z....
