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Project Introduction: Different Economic Systems Different Economic Systems Project Introduction 01: What Is Economics? What Is Economics? Scarcity and the Factors of Production Opportunity Cost Production Possibilities Curves 01: Posttest 02: Economic Systems Economic Systems The Three Economic Questions The Free Market Centrally Planned Economies Modern Economies 02: Posttest 03: American Free Enterprise American Free Enterprise Benefits of Free Enterprise Promoting Growth and Stability Providing Public Goods Providing a Safety Net 03: Posttest Critical Thinking Activity: American Free Enterprise American Free Enterprise Critical Thinking Activity : Price and Opportunity Cost Price and Opportunity Cost : Competition in Action: Comparing Car Prices Competition in Action: Comparing Car Prices 04: Demand 05: Supply Demand Elasticity of Demand Understanding Demand Shifts of the Demand Curve 04: Posttest Page 1 of 5

06: Prices Supply Understanding Supply Costs of Production Changes in Supply 05: Posttest Prices Combining Supply and Demand Changes in Market Equilibrium The Role of Prices 06: Posttest 07: Market Structures Market Structures Perfect Competition Monopoly Monopolistic Competition and Oligopoly Regulation and Deregulation 07: Posttest 08: Business Organizations Business Organizations Sole Proprietorships Partnerships Corporations, Mergers, and Multinationals Other Organizations 08: Posttest 09: Labor Labor Labor Market Trends Labor and Wages Organized Labor 09: Posttest : Analyzing a Market Analyzing a Market : Giving an Effective Presentation Giving an Effective Presentation Extension Activity : Minimum Wage and Poverty Minimum Wage and Poverty 10: Money and Banking Page 2 of 5

Money and Banking Money The History of American Banking Banking Today 10: Posttest 11: Financial Markets Financial Markets Saving and Investing Bonds and Other Financial Assets The Stock Market 11: Posttest 12: Gross Domestic Product and Growth Gross Domestic Product and Growth Business Cycles Gross Domestic Product Economic Growth 12: Posttest : Sylvestor and Frugala Investor Sylvestor and Frugala Investor : Investment, Risks, and Return Investment, Risks, and Return : Weighing the Risks Weighing the Risks 13: Economic Challenges Economic Challenges Unemployment Inflation Poverty 13: Posttest 14: Taxes and Government Spending Taxes and Government Spending What Are Taxes? Federal Taxes Federal Spending State and Local Taxes and Spending 14: Posttest 15: Fiscal Policy Fiscal Policy Page 3 of 5

Understanding Fiscal Policy Fiscal Policy Options Budget Deficits and the National Debt 15: Posttest : Analyzing the Impact of Education and Gender on Income Analyzing the Impact of Education and Gender on Income : Comparing Tax Situations Comparing Tax Situations 16: The Federal Reserve and Monetary Policy The Federal Reserve and Monetary Policy The Federal Reserve System Federal Reserve Functions Monetary Policy Tools Monetary Policy and Macroeconomic Stabilization 16: Posttest 17: International Trade International Trade Why Nations Trade Trade Barriers and Agreements Measuring Trade 17: Posttest 18: Economic Development and Transition Economic Development and Transition Levels of Development Issues in Development Financing Development Transitions to Free Enterprise 18: Posttest Critical Thinking Activity: International Trade International Trade Critical Thinking Activity : Trade Barriers: Winners and Losers Trade Barriers: Winners and Losers Project Completion: Different Economic Systems Page 4 of 5

Different Economic Systems Project Completion Page 5 of 5