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Nydus Open Learning

Economics

Economics · Topics commonly taught around grade 8

Markets, prices and money

Use market models, financial accounts and institutional comparisons to explain prices, choices, risk and trade under explicit assumptions.

Ages 13–14 16 lessons about 11 hours in all

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The lessons

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  1. 1 Demand as a conditional schedule
  2. 2 Supply, costs and production time
  3. 3 Market equilibrium and mismatched plans
  4. 4 Changes in demand and supply
  5. 5 Price signals and price limits
  6. 6 Competition, market power and profit
  7. 7 External effects and public decisions
  8. 8 Money, price indices and purchasing power
  9. 9 Banks, payments and account records
  10. 10 Saving, interest and purchasing power
  11. 11 Borrowing costs and repayment records
  12. 12 Earnings, deductions and income records
  13. 13 Budgets, balances and payment timing
  14. 14 Risk, diversification and uncertain outcomes
  15. 15 Exchange, gains and transaction costs
  16. 16 Trade between countries and gains from specialization