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Economics

Economics is not just money. It's businesses and how they work. It's lemonade stands and how many dollars they take in. It's toy collecting and baseball card collections. It's taxes and allowances. It's stocks and bonds. Economics is part of almost everything you could ever think about. Find about how by visiting the links on this page.

 

(For a description of these fun, illustrated, easy-to-read articles, click here.)

Making a Budget
One thing that every good money manager does is make a budget. Find out why and how.

Why All the Graphics in Economics?
Economics needs so many graphs because it tracks trends and other numerical information that other subjects in the social studies don't, at least not nearly as often. Take the mystery and difficulty out of charts, tables, and graphs!

The Importance of Trade
Trade is vital to the success of a civilization. Why? The civilization that can produce just enough of everything it and its people need to survive is rare indeed. Can you think of an example, today or in the long history of people? Keep thinking ...

How the Internet Has Changed Economics
As the world population gets larger and technology keeps advancing, more people are able to do more things that they couldn't do before. The Internet is an excellent example of this. You can buy and sell just about anything over the Internet.

How Money Has Changed
Money used to be coins only. Before that, it was gold or silver or even pots and pans. Money started out (and continues to be) whatever people will accept as payment for something.

Summer Fun: the Economics of the Lemonade Stand
When it's really hot outside, you often want to stay cool. You might also want some extra spending money. What do you do? One option is to set up a lemonade stand.

 Graphics courtesy of ArtToday

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