Money & the Economy
Have you ever wondered why prices go up, why some jobs pay more than others, or why the economy can affect your everyday choices?
In this unit, you’ll learn how the economy connects to your money, your choices, and your future.
đź’ˇ The Big Question:Â
How does the economy affect me and my money?
Economics can sound like a big complicated topic, but you're already experiencing it! Every time you notice gas prices, compare prices at the store, earn a paycheck, or decide something is too expensive, economics is part of the picture.
Everything here is optional and is designed to help you explore, practice, and connect what you're learning to real life.
Real Life
The economy shows up in your life more than you might think!
â›˝ Gas costs more? Your money doesn't go as far.
🍔 Food prices increase? You may change what you buy.
đź’Ľ Looking for a job? The economy can affect who's hiring and what they pay.
đź‘ź Something is hard to find? Supply and demand can change the price.
Think about it: What's one price you've noticed going up or down lately?
These everyday changes are economics in action—and they can affect your money and your choices.
Learn More
Why Do Prices Go Up?
Watch this short video to see how inflation affects the things you buy.
Money Talk
Ask someone:
“What's something you remember being MUCH cheaper when you were my age?”
What did it cost then compared with now?
Play & Try
🎮 Click here to   Play & Try
What Was $20 Worth? đź’µ
Enter $20, choose the year you were born, and compare it to today.Â
How much has the value of money changed?
Curious? Try another amount or year and see what happens!
Pay attention to prices.Â
Knowing what things normally cost makes it easier to recognize a good deal—and notice when your spending needs to adjust.
Finance in the Classroom is Utah’s financial literacy resource website.Â
Explore helpful videos, activities, games, and resources to learn more about money and the topics in this course.
