Economics & Markets Basics for Children (Ages 12+)
- Description
- Curriculum
This course introduces the basics of economics and markets, helping you understand how money moves, why prices change, and how businesses and governments affect the economy. The lessons are designed to be simple, engaging, and easy to understand.
Learning Outcomes:
By completing this course, you will:
✅ 1. Understand What Economics Is: Learn how people, businesses, and governments make choices with limited resources and why we must decide between needs and wants.
✅ 2. Learn How Markets Work: Discover how buyers and sellers interact, how supply and demand affect prices, and why businesses compete to attract customers.
✅ 3. Understand Money, Banks, and Trade: Learn why money replaced bartering, how banks help people save and borrow, and why countries trade goods and services with each other.
✅ 4. Learn the Role of Government in the Economy: Understand how taxes pay for public services, why governments make rules to protect workers and consumers, and how their decisions affect prices and jobs.
📌 Final Tip: Economics is all around us! From the prices in shops to the jobs people do, understanding how money and markets work helps us make smart financial decisions. 💰📈
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1
What is Economics?Economics is the study of how people, businesses, and governments use money and resources. This lesson explains why we can’t have everything we want, how we make choices about spending and saving, and why economics affects our everyday lives.
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2
How Do Markets Work?A market is where people buy and sell things. Markets can be physical places like shops or online stores. This lesson explains how supply and demand affect prices, why businesses compete, and how markets work in everyday life.
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3
Money, Banks, and Trade
Money makes buying and selling easier. Banks help people save, borrow, and make payments, while trade allows countries to exchange goods and services. This lesson explains how money works, why banks are important, and how trade connects economies worldwide.
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4
The Role of Government in the Economy
Governments play a big role in how an economy works. They collect taxes, spend money on public services, and make rules to keep businesses and workers safe. This lesson explains how governments manage money and why their decisions affect everyone.
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5
Course Summary
This course introduced the basics of economics and markets, helping children understand how money moves, why prices change, and how governments and businesses affect the economy.
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6
Economics & Markets Quiz
