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Economics Course for Kids: What Is Economics?

1 minutes 35 seconds

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Dollar bill, bright rainbow lights, a government building, and city skyscrapers overlaid on top of each other. Text reads, “What is Economics. Kid Explorer.”

Let's learn all about economics. Economics is the study of the economy or the part of a society that creates wealth. Wealth is not just money. Wealth comes from the production of goods and services, which people buy with money. Part of the "Economics Course for Kids" series.

Media Details

Runtime: 1 minutes 35 seconds

Topic: Business
Subtopic: Consumer Education, Economics, Finance and Banking
Grade/Interest Level: 4 - 8
Standards:

Release Year: 2021
Producer/Distributor: Kid Explorer
Series: Economics Course for Kids
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Dollar bill, bright rainbow lights, a government building, and city skyscrapers overlaid on top of each other. Text reads, “What is Economics. Kid Explorer.”

Five dollar bill, bright rainbow lights, a government building, and city skyscrapers overlaid on top of each other. Text reads, “Micro versus Macro. Kid Explorer.”

Dollar bill, bright rainbow lights, a government building, and city skyscrapers overlaid on top of each other. Text reads, “Types of Economy. Kid Explorer.”

Five dollar bill, bright rainbow lights, a government building, and city skyscrapers overlaid on top of each other. Text reads, “Four Sectors of Economy. Kid Explorer.”

Five dollar bill, bright rainbow lights, a government building, and city skyscrapers overlaid on top of each other. Text reads, Goods and Services. Kid Explorer.”

Five dollar bill, bright rainbow lights, a government building, and city skyscrapers overlaid on top of each other. Text reads, “Needs and Wants. Kid Explorer.”

Five dollar bill, bright rainbow lights, a government building, and city skyscrapers overlaid on top of each other. Text reads, “Consumers and producers. Kid Explorer.”

Five dollar bill, bright rainbow lights, a government building, and city skyscrapers overlaid on top of each other. Text reads, “Supply and Demand. Kid Explorer.”