Log inSign up
High School Economics · Lessons

High School Economics lessons

11 sections · 89 skills · work through the full outline skill by skill — read the long-form lesson or flip through the slide-style version.
Long-form lessonsSlide-style lessons

High School Economics

Practice 89 skills across this outline.

Recommended next
Economic Development Challenges
International and Global Economics · Globalization and Development
Long-form lesson
Weighting distribution
22 categories
Market Structures and Competition
9%
Applied Economics and Civic Literacy
9%
International and Global Economics · Trade and Specialization
5%
Macroeconomic Indicators and Growth · Measuring the Economy
5%
Markets and Price Determination · Elasticity and Consumer/Producer Response
5%
Markets and Price Determination · Supply and Demand Basics
5%

Skills

The comprehensive taxonomy of high school economics — drill into a card to work its skills.

International and Global Economics · Globalization and Development

3 core skills4% total weight
0/3 completed
3 skills to mastery
1
Economic Development ChallengesRecommended
Long-form
2
Globalization EffectsAvailable
Long-form
3
Development MeasuresAvailable
Long-form

International and Global Economics · Trade and Specialization

4 core skills5% total weight
0/4 completed
4 skills to mastery
1
Trade Distributional EffectsAvailable
Long-form
2
Exchange RatesAvailable
Long-form
3
Trade BarriersAvailable
Long-form
4
Comparative Advantage & TradeAvailable
Long-form

Macroeconomic Indicators and Growth · Business Cycles and Economic Fluctuations

4 core skills4% total weight
0/4 completed
4 skills to mastery
1
Business Cycle PhasesAvailable
Long-form
2
Inflation & Recession CausesAvailable
Long-form
3
Aggregate Demand & SupplyAvailable
Long-form
4
Types of InflationAvailable
Long-form

Macroeconomic Indicators and Growth · Measuring the Economy

5 core skills5% total weight
0/5 completed
5 skills to mastery
1
GDPAvailable
Long-form
2
CPI & Inflation MeasurementAvailable
Long-form
3
Unemployment MeasurementAvailable
Long-form
4
Productivity & GrowthAvailable
Long-form
5
Nominal vs. Real ValuesAvailable
Long-form

Personal Finance and Consumer Economics · Insurance and Risk

3 core skills3% total weight
0/3 completed
3 skills to mastery
1
Risk Pooling & InsuranceAvailable
Long-form
2
Insurance TermsAvailable
Long-form
3
Insurance TypesAvailable
Long-form

Personal Finance and Consumer Economics · Credit, Debt, and Financial Decisions

5 core skills3% total weight
0/5 completed
5 skills to mastery
1
Simple vs. Compound InterestAvailable
Long-form
2
Borrowing OptionsAvailable
Long-form
3
Predatory LendingAvailable
Long-form
4
Credit ScoresAvailable
Long-form
5
Credit BasicsAvailable
Long-form

Personal Finance and Consumer Economics · Income, Budgeting, and Saving

4 core skills4% total weight
0/4 completed
4 skills to mastery
1
Personal BudgetingAvailable
Long-form
2
Emergency FundsAvailable
Long-form
3
Compound Interest & TimeAvailable
Long-form
4
Saving vs. InvestingAvailable
Long-form

Foundations of Economic Thinking · Economic Systems and Institutions

4 core skills3% total weight
0/4 completed
4 skills to mastery
1
Positive vs. Normative StatementsAvailable
Long-form
2
Institutions & MarketsAvailable
Long-form
3
Economic SystemsAvailable
Long-form
4
Incentives & BehaviorAvailable
Long-form

Foundations of Economic Thinking · Modeling and Data in Economics

4 core skills3% total weight
0/4 completed
4 skills to mastery
1
Reading Economic GraphsAvailable
Long-form
2
Correlation vs. CausationAvailable
Long-form
3
Interpreting Economic DataAvailable
Long-form
4
Evaluating Economic EvidenceAvailable
Long-form

Foundations of Economic Thinking · Scarcity, Choice, and Opportunity Cost

4 core skills3% total weight
0/4 completed
4 skills to mastery
1
Opportunity CostAvailable
Long-form
2
Needs vs. WantsAvailable
Long-form
3
Scarcity & TradeoffsAvailable
Long-form
4
Cost-Benefit ThinkingAvailable
Long-form

Markets and Price Determination · Elasticity and Consumer/Producer Response

4 core skills5% total weight
0/4 completed
4 skills to mastery
1
Income & Cross-Price ElasticityAvailable
Long-form
2
Elasticity DeterminantsAvailable
Long-form
3
Price Elasticity of DemandAvailable
Long-form
4
Elasticity & Total RevenueAvailable
Long-form

Markets and Price Determination · Supply and Demand Basics

5 core skills5% total weight
0/5 completed
5 skills to mastery
1
Laws of Demand & SupplyAvailable
Long-form
2
Shifters & Equilibrium EffectsAvailable
Long-form
3
Shortages & SurplusesAvailable
Long-form
4
Shifts vs. MovementsAvailable
Long-form
5
EquilibriumAvailable
Long-form

Market Structures and Competition

4 core skills9% total weight
0/4 completed
4 skills to mastery
1
Market StructuresAvailable
Long-form
2
Competition EffectsAvailable
Long-form
3
Barriers to EntryAvailable
Long-form
4
Price DiscriminationAvailable
Long-form

Fiscal and Monetary Policy · Money, Banking, and the Federal Reserve

5 core skills5% total weight
0/5 completed
5 skills to mastery
1
Federal Reserve & Monetary PolicyAvailable
Long-form
2
Money & Its FunctionsAvailable
Long-form
3
Banking & Fractional ReserveAvailable
Long-form
4
Inflation, Deflation & Central BanksAvailable
Long-form
5
Interest RatesAvailable
Long-form

Fiscal and Monetary Policy · Government Budget and Fiscal Policy

4 core skills4% total weight
0/4 completed
4 skills to mastery
1
Government Revenues & SpendingAvailable
Long-form
2
Budget Deficits & National DebtAvailable
Long-form
3
Fiscal Policy TradeoffsAvailable
Long-form
4
Fiscal Policy EffectsAvailable
Long-form

Government and the Economy · Market Failure and Externalities

4 core skills4% total weight
0/4 completed
4 skills to mastery
1
ExternalitiesAvailable
Long-form
2
Market FailuresAvailable
Long-form
3
Externalities & InefficiencyAvailable
Long-form
4
Public Goods & Free-Rider ProblemAvailable
Long-form

Government and the Economy · Taxes, Subsidies, and Regulation

5 core skills5% total weight
0/5 completed
5 skills to mastery
1
Price ControlsAvailable
Long-form
2
Taxes & Market OutcomesAvailable
Long-form
3
SubsidiesAvailable
Long-form
4
Tax IncidenceAvailable
Long-form
5
Regulations & TradeoffsAvailable
Long-form

Decision-Making by Consumers and Firms · Firms, Production, and Costs

4 core skills5% total weight
0/4 completed
4 skills to mastery
1
Cost CategoriesAvailable
Long-form
2
Average CostAvailable
Long-form
3
Economies of ScaleAvailable
Long-form
4
Marginal Cost in ProductionAvailable
Long-form

Decision-Making by Consumers and Firms · Consumer Choice

3 core skills4% total weight
0/3 completed
3 skills to mastery
1
Marginal Decision RuleAvailable
Long-form
2
Marginal ChangesAvailable
Long-form
3
Marginal Benefit & CostAvailable
Long-form

Applied Economics and Civic Literacy

4 core skills9% total weight
0/4 completed
4 skills to mastery
1
Economic Policy AnalysisAvailable
Long-form
2
Writing Economic ArgumentsAvailable
Long-form
3
Interpreting Economic NewsAvailable
Long-form
4
Comparing Economic ViewpointsAvailable
Long-form

Labor Markets and Income · Wages, Productivity, and Unemployment

4 core skills5% total weight
0/4 completed
4 skills to mastery
1
Types of UnemploymentAvailable
Long-form
2
Minimum Wage EffectsAvailable
Long-form
3
Labor Markets & WagesAvailable
Long-form
4
Human Capital & WagesAvailable
Long-form

Labor Markets and Income · Income Distribution and Poverty

3 core skills4% total weight
0/3 completed
3 skills to mastery
1
Income Distribution MeasuresAvailable
Long-form
2
Income Inequality FactorsAvailable
Long-form
3
Poverty Reduction PoliciesAvailable
Long-form