Intro to Economics

Learning Objectives

Learning Objectives

1. How the scarcity of economic resources leads to tradeoffs.

2. How to use the concept of comparative advantage to demonstrate the potential for gains from trade.

3. How to use the market model to illustrate supply, demand, and price determination.

Whether you're brand new to the field of economics, or just want to brush up on some foundational ideas, this course will cover all of the topics typically found in the first unit of an introductory economics course.

To explore our full introduction to economics unit, visit Khan Academy:
https://www.khanacademy.org/economics-finance-domain/ap-microeconomics/basic-economic-concepts

To explore our full courses in economics and finance, visit Khan Academy:
https://www.khanacademy.org/economics-finance-domain