Economics is the study of how people, businesses, and governments make decisions about the allocation of scarce resources. At the high school level, students learn the basics of economic theory, such as supply and demand, the production possibilities curve, and the concept of opportunity cost. Additionally, students explore the macroeconomic topics of economic growth, inflation, unemployment, and international trade. In addition, students learn the role of government in the economy and the basics of fiscal and monetary policy. Finally, students develop an understanding of the economic impact of current events and public policy decisions.
Worksheets for Economics are available under the following sub-topics:
