Introduction

The Council for Economic Education (CEE) has compiled a list of the 51 key economics concepts common to all U.S. State requirements for high school classes in economics.

The resources arranged here supplement these recommended CEE 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.

 

List of Topics

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