This poster graphically illustrates the idea of supply and demand allowing students to get a better understanding of this fundamental economics concept.

Many of you will have spent quite a lot of time looking at '45 degree' diagrams, or 'Keynesian cross' diagrams. Until a few years ago, they were the main way in that the expenditure and income aggregates where analysed. Nowadays, aggregate demand and supply diagrams are preferred, although many teachers still like to explain the situation using the 'good old' 45-degree diagram. It should be noted, though, that examiners prefer students to use aggregate demand and supply analysis (see the…

We made a bunch of minimalist economics posters. (Yes, we're nerds.) Feeling inspired? Send us your own econ posters.

This blog post summarizes the national accounting concepts and how they are of great importance for the development of an economy.

You have read or reading for an economics course, and—for good or for ill—it has changed the way you understand the world. Economics, you now understand, is all around you, all the time. Answer this question below: I want to buy iPhone 7+, Mac Book pro, or an Audi Car, trip to Europe, but my income is only Rs 35000 a month. Will I be able to buy any of it? No. I will have to be satisfied with a Micromax phone in place of iPhone, a basic Lenovo laptop instead of a Mac Book Pro, a bike instead…

Circular flow income vector illustration. Labeled money movement concept explanation scheme. Financial and economical income cycle process. Loop interaction model with household, government and firms. You will get: Editable vector Illustrator CC file (Editable live text)Editable vector EPS 10 fileHigh resolution JPG fileLove and respect from the team of creators :) You can download sample files here Illustration contains free Suez One font under Open Font License Please let us know what…

The most basic concept in economics is (duh!) the 4 factors of production – the component parts of the entire economy. An understanding of these is VITAL! Heres the PDF PIIGSTY Econ 101 #1 F…

We are all economistsandmdash;when we work, buy, save, invest, pay taxes, and vote. It repays us many times over to be good economists. Economic issues are active in our lives every day. This course helps you think about and discuss economic issues that affect you and the nation every dayandmdash;interest rates, unemployment, personal investing, budget deficits, globalization, and many moreandmdash;with a greater level of knowledge and sophistication. Throughout this course, Professor…