In this studio, you will learn the basics of economics and how it affects you!
You will have the opportunity to:
Explain basic economic concepts (Econ 1.1)
Identify different influences on economic systems (Econ 1.2)
Analyze the different types of economic institutions (Econ 1.3)
Explain the concepts of personal finance (Econ 1.4)
: the social science concerned with the production, distribution, and consumption of goods and services. Economics studies how individuals (you), businesses (McDonalds), governments (The City of Eagle), and nations (The United States) make choices about how to give and use resources!
TO DO:
Make a copy of Welcome to Economics!
Watch the video provided and answer all the questions to the best of your ability!
Submit to Beacon when complete.
*If you put "I don't know", we can chat in person to see what you're thinking!