1. Introducing Money
Instructor
TedMax
Course Overview
In this introductory lesson, we begin our exploration of money. What exactly is it? Why do we have it? And how do we know it is worth anything?
In the second video, we introduce EconoKidz Economic Concepts, in which we discuss the key economic ideas present in the lesson. These concepts are fundamental to our understanding of economics and will crop up throughout the course. In this lesson, we look at three concepts: opportunity cost, scarcity, and economies of scale.
To close off, you’ll take a quick quiz to make sure you’ve understood everything before moving on to the next lesson.
What You'll Learn?
- Why we have money in the first place
- Opportunity cost
- Scarcity
- Economies of scale
- From age 8
- But really anyone who wants to understand money better
- Curiosity
- There are no other prerequisites
- 1 video lesson.
- 1 videos diving deeper into key economic concepts revealed in the lesson.
- 1 quiz to test your understanding.
Olwyn Ballantine
Easy to understand