Category Archives: Economics
DUAL Economics Module 9: Money & the Financial System
Return to Modules Objectives: Define and examine money, the Federal Reserve, and the money supply Define inflation and the consumer price index (CPI) Describe the role of monetary policy in determining inflation Reading For This Module: From “Introducing Economics through … Continue reading
DUAL Economics Module 8: Government & the Economy (Week 3)
Return to Modules Objectives: Describe the role of government in a market economy Discuss how property rights and other basic public goods are critical for a market economy Review the federal government budget, highlighting the major expenditures and revenue sources, as … Continue reading
DUAL Economics Module 7: International Economics
Return to Modules Objectives: Describe why we trade and the sources of gains from trade Introduce the idea of globalization Discuss how trade is measured Briefly introduce exchange rates and other topics related to international trade Reading For This Module: … Continue reading
DUAL Finance Module 7: Understanding Credit
Return to Modules Objectives: Understand how credit cards work Understand the costs of credit Describe the different types of credit cards Know what determines your credit card worthiness and how to secure a credit card Manage your credit cards and open … Continue reading
DUAL Economics Module 6: Macro Indicators
Return to Modules Objectives: Provide an overview of how our economy is measured and discuss important macroeconomic indicators (like unemployment) Reading For This Module: From “Introducing Economics through a Collection of Free Articles by Economists”: Gross Domestic Product by Lincoln … Continue reading
DUAL Economics Module 5: Competition, Monopoly, & Profit
Return to Modules Objectives: Describe the role of competition in a market economy Understand the causes and effects of monopoly Examine the role of profit in a market economy Reading For This Module: From “Introducing Economics through a Collection of … Continue reading
DUAL Finance Module 5: Time Value of Money
Return to Modules Objectives: Understand the reinvestment of interest paid on an investment’s principal Understand and calculate Future value (FV) = Present Value (PV) x Amount it has increased by the end of 1 year (1+i) Define future value—the value … Continue reading
DUAL Economics Module 4: Income & Labor Economics
Return to Modules Objectives: Apply supply and demand as well as marginal analysis concepts to the labor market Discuss how wages are determined by the market (and how to get paid more) Explore counter-intuitive aspects of the labor market Reading For … Continue reading
DUAL Finance Module 4: Financial Institutions and Cash Management
Return to Modules Objectives: Manage your cash and understand why you need liquid assets Automate your savings Choose from among the different types of financial institutions that provide cash management services Compare the various cash management alternatives Compare rates on … Continue reading
DUAL Economics Module 3: Supply, Demand & the Price System
Return to Modules Objectives: Demonstrate how prices can guide individual behavior and continually change incentives of buyers and sellers in markets Illustrate Adam Smith’s idea of “the invisible hand” and F.A. Hayek’s idea of “spontaneous order.” Discuss exchange, voluntary cooperation, and … Continue reading