Sal gives an overview of Khan Academy’s mini-course, “Introduction to Economics.” In this course, you’ll learn:
- How the scarcity of economic resources leads to tradeoffs
You’ll also learn how to use the concept of comparative advantage to demonstrate how specialization and trade can make people better off.
And finally, you’ll learn how to use a market model to illustrate how changes in supply and demand affect the price of something and how much of it is sold.
To explore our full courses on Microeconomics, visit Khan Academy: https://www.khanacademy.org/economics-finance-domain/microeconomics
To explore our full courses on Macroeconomics, visit Khan Academy: https://www.khanacademy.org/economics-finance-domain/macroeconomics