YOUR SUBJECT LESSONS
Economics
Understand changes and simple business models.
- 01Define the variable, period and unit.
- 02State the assumptions before calculating.
- 03Interpret the result without confusing correlation and cause.
FROM PRINCIPLE TO PRACTICE
Lessons in a useful order
From foundations to high school: a mental model, worked example and four exercises with solutions per chapter.
Economics
Indicators: rates, indices, charts
An absolute change uses the original unit; a percentage change compares it with the initial value.
Lesson and 4 exercisesEconomics
Markets: supply, demand, model
A market model isolates mechanisms under explicit assumptions.
Lesson and 4 exercisesEconomics
Sociology: socialisation and evidence
Socialisation involves learning norms, values and ways of acting through interaction.
Lesson and 4 exercisesEconomics
Growth and development: distinguish indicators
Economic growth measures increased output, generally using real GDP.
Lesson and 4 exercisesEconomics
Inflation and purchasing power
Inflation is growth in a general price index over a period.
Lesson and 4 exercisesEconomics
Inequality and social mobility
Inequality concerns unequal access to valued resources such as income, wealth, education and health.
Lesson and 4 exercisesFurther reading
Reference resources; their authors do not endorse this site.