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Elementary Economic Terms M-Z

Everyday EconomicsHelp broaden your students’ understanding of the underlying economic principals behind current events, as well as other more basic economic concepts.


Economic terms featured in elementary lessons. Click on the date to go the lesson.

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M                
manufacture 2/14/10 10/31/10            
marginal (supply) 3/6/11              
market 10/11/9 1/31/10 10/10/10          
membership 4/11/10              
middle class 10/18/9              
millionaire 5/2/10              
money 8/31/9 8/22/10 12/5/10 4/24/11        
N                
national debt 12/12/10              
natural resouce (natural capital) 3/6/11              
necessities 4/17/11              
need 8/22/10              
nonessentials 4/25/10              
nonprofit 9/6/9              
O                
opportunity 2/21/10              
Organization of the Petroleum Exporting Countries (OPEC) 3/6/11              
overspend 2/27/11              
P                
penny-pinching 1/10/10              
personal finance 5/2/10              
personal income 1/2/11              
philanthropist 8/22/10              
play 8/29/10              
pollution-offset trade 9/6/9              
poor 9/6/9              
"poorest" 10/25/9              
poverty (relative) 2/21/10 10/17/10 1/2/11          
price 11/15/9 1/31/10 3/14/10 10/3/10 1/9/11 2/6/11 2/13/11 2/20/11
price controls 2/6/11              
pricing 4/11/10              
private enterprise 1/30/11              
production 11/29/9              
profession 2/28/10              
profit 11/1/9              
protectionist 8/31/9              
R                
recession
(economic slump)		 4/25/10 9/12/10 10/3/10 1/2/11        
recovery 4/17/11              
recreation 10/31/10              
resource 9/26/10 10/17/10            
retail 2/13/11 2/20/11            
retailers 10/4/9 11/29/9            
retirement 3/27/11              
revenue 1/3/10 10/3/10            
reward 8/22/10              
S                
sales 10/4/9 10/18/9 1/10/10 5/8/11        
save 1/10/10              
savings 3/27/11 3/28/10 4/24/11          
scarce 11/29/9 8/22/10            
scarcity 11/1/9              
scofflaws 3/21/10              
scrip 8/31/9              
seaweed fisherman 5/15/11              
service-sector 4/10/11              
share 4/11/10              
short term vs. long term 12/13/9              
shortage 11/22/9              
skills 1/17/10              
slavery 1/16/11              
sovereign debt 1/30/11              
spending 8/31/9 3/28/10 4/4/10 4/24/11        
state-run companies 1/30/11              
Stock Market Game 11/14/10 11/28/10            
subsidize 1/3/10              
success 1/17/10              
suggested retail price 3/14/10              
supply and demand 9/13/9 11/29/9 5/2/10 2/13/11        
supply shortages 5/8/11              
survey 2/28/10              
T                
taxes 1/31/10 4/25/10            
tight money supply 8/31/9              
tourism 1/3/10              
U                
unemployment 5/23/10 10/3/10 1/2/11          
unemployment rate 4/17/11              
V                
volunteer 4/11/10              
W                
Wall Street 5/23/10              
want 2/27/11              
Warren Buffet and Berkshire Hathaway 5/2/10              
World Bank 10/18/9 11/1/9            
work 2/28/10              
workforce 2/28/10              
working class 1/30/11              
worth 11/15/9              

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Everyday Economics is written by Dennis Grogran, Program Director, Colorado Council for Economic Education. For information about CCEE's other programs, call 303-752-2323 or e-mail dgrogan@ccee.net.
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