skip to Main Content
(304) 435-2777 info@caroartstudios.com
Lessons For The Young Economist

Lessons for the Young Economist

This course is an introduction to basic economics. It is intended for the middle school student but is also a valuable course for the high school student or anyone who has not been introduced to economics. The free ebook “Lessons for the Young Economist” by Robert P. Murphy is needed for this course and can be downloaded (as .pdf or .epub) from the Mises Institute or the textbook tab above. A teachers manual, containing extra activities, is also available

Make sure to check this tab for each lesson! This is where you will find the recommended readings that correspond to the textbook section.

Course Content

Lessons Status
1

Thinking Like an Economist

2

How We Develop Economic Principles

3

Economic Concepts Implied By Action

4

“Robinson Crusoe” Economics

5

The Institution of Private Property

6

Direct Exchange and Barter Prices

7

Indirect Exchange and the Appearance of Money

8

The Division of Labor and Specialization

9

Entrepreneurship and Competition

10

Income, Saving, and Investment

11

Supply and Demand

12

Interest, Credit, and Debt

13

Profit and Loss Accounting

14

The Stock Market

15

The Failures of Socialism—Theory

16

The Failures of Socialism—History

17

Price Controls

18

Sales and Income Taxes

19

Tariffs and Quotas

20

The Economics of Drug Prohibition

21

Inflation

22

Government Debt

23

The Business Cycle

24

Lessons for the Young Economist Final

Back To Top