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Adam Smith

The National Council on Economic Education (NCEE) has compiled a list of the 51 key economics concepts common to all U.S. State requirements for high school classes in economics. The readings and podcasts arranged here supplement these recommended NCEE topics. These free resources are appropriate for teachers of high school and AP economics, social studies, and history classes. They are also appropriate for interested students, home schoolers, and newcomers to the topic of economics. Materials have been selected for authoritativeness, quality of writing, liveliness, and ease of understanding. Most of the suggested readings and podcasts were prepared by internationally respected professors of economics. Many are selected from the Concise Encyclopedia of Economics (CEE), a widely used economics reference first published in 1993. Links to podcasts, original source materials, and other web pages are also included. If you are looking for a table showing how each of the NCEE's 20 voluntary National Standards fits into the key concepts, see the table at The 51 Key Economics Concepts. The concepts do not have to be pursued in order. Just dig in! If you are seeking an order for classroom use or self-study, we suggest the table at National Economics Standards.

Fundamental Economics | Macroeconomics | Microeconomics | International Economics | Personal Finance Economics Fundamental Economics Decision Making and Cost-Benefit Analysis Division of Labor and Specialization Economic Institutions Economic Systems Incentives Money Opportunity Cost Productive Resources Productivity Property Rights Scarcity Technology Trade, Exchange and Interdependence Macroeconomics Aggregate Demand Aggregate Supply Budget Deficits and Public Debt Business Cycles Economic Growth Employment and Unemployment Fiscal Policy GDP Inflation Monetary Policy and the Federal Reserve Real vs. Nominal Microeconomics Competition and Market Structures Consumers Demand Elasticity of Demand Entrepreneurs Government Failures/Public-Choice Analysis Income Distribution Market Failures Markets and Prices Price Ceilings and Floors Producers Profit Roles of Government Supply International Economics Balance of Trade and Balance of Payments Barriers to Trade Benefits of Trade/Comparative Advantage Economic Development Foreign Currency Markets/Exchange Rates Personal Finance Economics Compound Interest Credit Financial Markets Human Capital Insurance Money Management/Budgeting Risk and Return Saving and Investing

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