Lesson 505

The Economics of Economics

How do economic principles influence your daily life? Learn about everything from macro to micro economics, supply and demand, and other economic indicators. Discover how individuals, business leaders, and even the leaders of countries use economic principles to make decisions. It’s all economics!

What Students Learn

  • Identify different economic concepts.
  • Distinguish between macro and micro economics.
  • Become aware of the laws of supply and demand.
  • Take responsibility for personal financial decisions.

Suggested Time

  • Preview and Episode Viewing: 45 minutes
  • Each Activity: 45-60 minutes

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