Economics & Money
Scarcity, markets, money, business and personal finance — how people make choices with limited resources.
Economics & Money on LearnViz HighSchoolEdu has 30 interactive topics. Each one has a plain-English explanation, a live animation you can control, key ideas to remember and a quick quiz. Economics explains prices, jobs, budgets and government policy in daily life.
Foundations
1Scarcity and ChoiceResources are limited, so people must choose.2Opportunity CostOpportunity cost is the value of the next best alternative you give up.3Factors of ProductionLand, labour, capital and enterprise produce goods and services.4Economic SystemsSocieties decide what, how and for whom to produce.5Production PossibilitiesThe PPF shows the trade-offs between two goods.Markets
6DemandDemand shows how much people will buy at each price.7SupplySupply shows how much producers will sell at each price.8Market EquilibriumEquilibrium is where supply meets demand.9Shifts in Supply and DemandChanges in conditions move the curves and change price.10ElasticityElasticity measures how responsive quantity is to price.11Price ControlsPrice ceilings and floors can cause shortages or surpluses.12Competition and MonopolyCompetition lowers prices; monopolies can raise them.13Costs and ProfitProfit equals revenue minus costs.14EntrepreneurshipEntrepreneurs start businesses by taking risks to fill needs.Money and Banking
15What Is Money?Money is a medium of exchange, a store of value and a unit of account.16Banks and CreditBanks hold deposits and lend money.17Interest and Compound GrowthInterest is the price of borrowing or the reward for saving.18Central BanksCentral banks manage money supply and interest rates.19InflationInflation is a general rise in prices over time.20UnemploymentUnemployment counts people seeking work who cannot find it.The Wider Economy
21Gross Domestic ProductGDP measures the value of goods and services produced in a country.22The Business CycleEconomies expand and contract in cycles.23Fiscal PolicyGovernments tax and spend to influence the economy.24TaxesTaxes fund public goods and services.25International TradeCountries trade to get goods they can't produce cheaply.26Economic Growth and DevelopmentGrowth raises living standards when productivity rises.27Inequality and PovertyIncome and wealth are unevenly distributed.Personal Finance
28BudgetingA budget plans income and spending.29Saving and InvestingSaving keeps money safe; investing grows it with risk.30Credit Cards and DebtBorrowing costs interest, so manage debt carefully.No topics match.
Frequently asked questions
What topics are in Economics & Money?
There are 30 topics, including Scarcity and Choice, Opportunity Cost, Factors of Production, Economic Systems, Production Possibilities, and more.
Who is Economics & Money on LearnViz for?
High school students who want to understand economics & money visually, teachers who want a quick classroom demonstration, and parents helping with homework.
Do I have to study the topics in order?
No. The list follows the order of the course, but every topic has its own page, so you can start wherever you need help.
How do I track my progress?
Open a topic and press “Mark as learned”. This subject page then shows how many topics you have completed. Progress is saved in your own browser.
How is Economics & Money used in real life?
Economics explains prices, jobs, budgets and government policy in daily life.