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The EconomyTutor Course

One year of economics, one lesson a day.

365 short lessons with quizzes, from compound interest to crises and the history of money. Follow the daily plan, or work through everything at your own pace.

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Status: quizzes are ready for 36 of 365 lessons; the others are being prepared and appear one by one. Education only, not financial advice.

All lessons

  1. 1 How Does Compound Interest Work? Free
  2. 2 What Is an Exchange Rate? Free
  3. 3 What Is the Great Depression? With Examples Free
  4. 4 The History of Money Free
  5. 5 What Is the Rule of 72? The Basics Free
  6. 6 What Is Fiscal Policy? Free
  7. 7 What Is a Bank? Explained Simply Free
  8. 8 What Is a Budget? Full course
  9. 9 What Is Present Value? With Examples Full course
  10. 10 What Is Inflation? A Clear Explanation Full course
  11. 11 The History of Credit Cards Full course
  12. 12 What Is Opportunity Cost? Full course
  13. 13 What Is Financial Literacy? Explained Simply Full course
  14. 14 What Is Deflation? Full course
  15. 15 What Is Loan Amortization? With Examples Full course
  16. 16 What Is a Price Ceiling? Full course
  17. 17 What Is Cash Flow? The Basics Full course
  18. 18 How Does Economic Growth Happen? Full course
  19. 19 What Is Legal Tender? Explained Simply Full course
  20. 20 What Is Perfect Competition? Full course
  21. 21 What Is a Payment System? With Examples Full course
  22. 22 What Is GDP? Full course
  23. 23 What Is Compound Interest? The Basics Full course
  24. 24 What Is an Externality? Full course
  25. 25 The History of the Great Depression Full course
  26. 26 The History of Paper Money Full course
  27. 27 What Is Hyperinflation? With Examples Full course
  28. 28 What Is a Balance Sheet? Full course
  29. 29 What Is a Discount Rate? The Basics Full course
  30. 30 What Is SWIFT and What Does It Do? Full course
  31. 31 What Is the World Bank? Explained Simply Full course
  32. 32 What Is an Income Statement? Full course
  33. 33 What Is Depreciation? With Examples Full course
  34. 34 What Is Economies of Scale? Full course
  35. 35 What Is Monetary Policy? The Basics Full course
  36. 36 Renting vs Buying: What's the Difference? Full course
  37. 37 What Is Future Value? Explained Simply In preparation
  38. 38 What Is an Oligopoly? In preparation
  39. 39 What Is the Business Cycle? With Examples In preparation
  40. 40 The History of Banking In preparation
  41. 41 Markup vs Margin: What's the Difference? In preparation
  42. 42 What Is Marginal Cost? In preparation
  43. 43 What Is Economic Growth? Explained Simply In preparation
  44. 44 The History of the Bretton Woods System In preparation
  45. 45 What Are Negative Interest Rates? In preparation
  46. 46 What Is a Public Good? In preparation
  47. 47 What Is the Phillips Curve? The Basics In preparation
  48. 48 What Is Money? Where Does Its Value Come From? In preparation
  49. 49 What Is the Great Recession? Explained Simply In preparation
  50. 50 What Is an Annuity? In preparation
  51. 51 What Is the IMF? With Examples In preparation
  52. 52 What Is the Equilibrium Price? In preparation
  53. 53 What Is the 2008 Financial Crisis? The Basics In preparation
  54. 54 What Is Internal Rate of Return? In preparation
  55. 55 What Is the WTO? Explained Simply In preparation
  56. 56 What Is Supply and Demand? In preparation
  57. 57 The History of the Dollar In preparation
  58. 58 What Is Tulip Mania? In preparation
  59. 59 What Is Net Present Value? The Basics In preparation
  60. 60 What Is Purchasing Power Parity? In preparation
  61. 61 What Is the Efficient Market Hypothesis? Explained Simply In preparation
  62. 62 Keynesian vs Austrian Economics: What's the Difference? In preparation
  63. 63 How Does Insurance Work? In preparation
  64. 64 Inflation vs Deflation: What's the Difference? In preparation
  65. 65 What Is Break Even Analysis? The Basics In preparation
  66. 66 What Is a Lender of Last Resort? In preparation
  67. 67 Fixed vs Variable Costs: What's the Difference? In preparation
  68. 68 What Is a Wealth Tax? In preparation
  69. 69 The History of Stagflation in the 1970s In preparation
  70. 70 The History of Cryptocurrency In preparation
  71. 71 What Causes Hyperinflation? The Main Explanations In preparation
  72. 72 What Is Game Theory in Economics? In preparation
  73. 73 What Is a Debit Card? Explained Simply In preparation
  74. 74 What Is Social Security? In preparation
  75. 75 The History of the Silk Road Trade In preparation
  76. 76 What Is a Recession? In preparation
  77. 77 How Do Banks Work? In preparation
  78. 78 What Is Universal Basic Income? In preparation
  79. 79 What Is Seigniorage? Explained Simply In preparation
  80. 80 How Do Countries Pay Off Debt? In preparation
  81. 81 What Is the Reserve Requirement? In preparation
  82. 82 What Is the Sharing Economy? In preparation
  83. 83 What Is a Stock Market Crash? The Basics In preparation
  84. 84 What Is Productivity in Economics? In preparation
  85. 85 Too Big to Fail: What Does It Mean? In preparation
  86. 86 What Is Keynesian Economics? In preparation
  87. 87 What Is Fundamental Analysis? With Examples In preparation
  88. 88 How Does a Currency Collapse? In preparation
  89. 89 The History of the Dutch East India Company In preparation
  90. 90 What Is a Supply Chain? In preparation
  91. 91 Simple vs Compound Interest: What's the Difference? In preparation
  92. 92 What Is a Mortgage? In preparation
  93. 93 How Do Pension Funds Work? In preparation
  94. 94 The History of Taxes In preparation
  95. 95 What Is Monte Carlo Simulation in Finance? The Basics In preparation
  96. 96 How Do Loans Work? In preparation
  97. 97 What Is a Bank Run? Explained Simply In preparation
  98. 98 What Is Tax Evasion and Tax Avoidance? In preparation
  99. 99 How Do Exchange Rates Work? In preparation
  100. 100 What Is Liquidity? In preparation
  101. 101 What Is Risk and Return? The Basics In preparation
  102. 102 How Do Banks Make Money? In preparation
  103. 103 What Is Communism? Explained Simply In preparation
  104. 104 What Is a Monopoly in Economics? In preparation
  105. 105 What Is Stagflation? With Examples In preparation
  106. 106 What Is a Customs Duty? In preparation
  107. 107 How Does SWIFT Work? In preparation
  108. 108 What Is a Credit Rating? In preparation
  109. 109 What Is the Sharpe Ratio? Explained Simply In preparation
  110. 110 What Is the Sunk Cost Fallacy? In preparation
  111. 111 What Is Neoliberalism? With Examples In preparation
  112. 112 What Is an Emergency Fund? In preparation
  113. 113 The History of the Asian Financial Crisis In preparation
  114. 114 How Does a Currency Get Its Value? In preparation
  115. 115 What Are Mortgage-Backed Securities? In preparation
  116. 116 The History of Economic Thought In preparation
  117. 117 How Does Inflation Affect Your Savings? In preparation
  118. 118 What Caused the Great Recession? The Main Explanations In preparation
  119. 119 How Does an IPO Work? In preparation
  120. 120 What Is a Social Market Economy? In preparation
  121. 121 What Is Deposit Insurance? Explained Simply In preparation
  122. 122 What Is Economic Inequality? In preparation
  123. 123 What Is the Yield Curve? With Examples In preparation
  124. 124 Gross vs Net Income: What's the Difference? In preparation
  125. 125 How Does a Business Make Money? In preparation
  126. 126 The History of the Medici Banks In preparation
  127. 127 How Does Venture Capital Work? In preparation
  128. 128 How Does Quantitative Easing Work? In preparation
  129. 129 What Is the Effective Interest Rate? In preparation
  130. 130 What Is the Big Mac Index? In preparation
  131. 131 The History of the Gold Standard In preparation
  132. 132 What Is a Tariff? In preparation
  133. 133 What Is an Overdraft Fee? Explained Simply In preparation
  134. 134 What Is Asset Allocation? In preparation
  135. 135 The History of the Pound Sterling In preparation
  136. 136 How Does a Bank Run Happen? In preparation
  137. 137 What Is a Flat Tax? The Basics In preparation
  138. 138 What Is Correlation in Investing? In preparation
  139. 139 What Is the Poverty Line? Explained Simply In preparation
  140. 140 What Is a Price Floor? In preparation
  141. 141 How Does Contactless Payment Work? In preparation
  142. 142 Free Trade vs Protectionism: What's the Difference? In preparation
  143. 143 What Is Profit and Revenue? The Basics In preparation
  144. 144 The History of Ancient Currency In preparation
  145. 145 How Do Tariffs Affect Prices? In preparation
  146. 146 What Is LIBOR? In preparation
  147. 147 Debt vs Equity: What's the Difference? In preparation
  148. 148 Fiat Money vs Commodity Money: What's the Difference? In preparation
  149. 149 How Does a Stock Market Crash Happen? In preparation
  150. 150 What Is Islamic Banking and How Does It Work? In preparation
  151. 151 What Is a Perpetuity? Explained Simply In preparation
  152. 152 What Is a Traditional Economy? In preparation
  153. 153 What Is Gold Investment? With Examples In preparation
  154. 154 What Is CBDC? In preparation
  155. 155 How Does Inflation Affect Bonds? In preparation
  156. 156 What Is the Federal Reserve? In preparation
  157. 157 The History of the 1970s Oil Crisis In preparation
  158. 158 What Is Classical Economics? In preparation
  159. 159 APR vs APY: What's the Difference? In preparation
  160. 160 What Is a High Yield Savings Account? In preparation
  161. 161 What Is Barter System? The Basics In preparation
  162. 162 What Is a Life Insurance Policy? In preparation
  163. 163 What Is a Limit Order? Explained Simply In preparation
  164. 164 What Is Simple Interest? In preparation
  165. 165 How Does the Euro Work? In preparation
  166. 166 The South Sea Bubble Explained In preparation
  167. 167 What Is Basel III? In preparation
  168. 168 The History of Central Banks In preparation
  169. 169 What Is Technical Analysis? Explained Simply In preparation
  170. 170 How Does Blockchain Work? In preparation
  171. 171 What Is Money Supply? With Examples In preparation
  172. 172 What Is a Credit Card? In preparation
  173. 173 What Is Exponential Growth? The Basics In preparation
  174. 174 How Does the Stock Market Work? In preparation
  175. 175 What Is the Tragedy of the Commons? Explained Simply In preparation
  176. 176 What Is Mobile Payment? In preparation
  177. 177 Nominal vs Real GDP: What's the Difference? In preparation
  178. 178 What Is a Commodity? In preparation
  179. 179 What Is Comparative Advantage? The Basics In preparation
  180. 180 What Is Corporate Tax? In preparation
  181. 181 What Is an Economic Depression? Explained Simply In preparation
  182. 182 What Is a Loan? In preparation
  183. 183 What Is Currency Debasement? With Examples In preparation
  184. 184 What Is Behavioral Economics? In preparation
  185. 185 What Is a Futures Contract? The Basics In preparation
  186. 186 Monetary vs Fiscal Policy: What's the Difference? In preparation
  187. 187 What Is CAGR? Explained Simply In preparation
  188. 188 What Is a Mixed Economy? In preparation
  189. 189 How Do Businesses Make Profit? In preparation
  190. 190 What Is a Savings Account? In preparation
  191. 191 What Is Financial Leverage? The Basics In preparation
  192. 192 What Is a Welfare State? In preparation
  193. 193 The History of Coins In preparation
  194. 194 How Do Central Banks Control Inflation? In preparation
  195. 195 What Is Income Inequality? With Examples In preparation
  196. 196 What Is Insurance? In preparation
  197. 197 What Is Feudalism? The Basics In preparation
  198. 198 How Did Money Start? In preparation
  199. 199 How Do Dividends Work? In preparation
  200. 200 How Do Negative Interest Rates Work? In preparation
  201. 201 What Is National Debt? With Examples In preparation
  202. 202 What Is a Capital Gains Tax? In preparation
  203. 203 What Is Mercantilism? The Basics In preparation
  204. 204 What Is Return on Investment? In preparation
  205. 205 Bull vs Bear Market: What's the Difference? In preparation
  206. 206 How Does the Federal Reserve Work? In preparation
  207. 207 What Is Currency Devaluation? With Examples In preparation
  208. 208 The Chicago School of Economics Explained In preparation
  209. 209 What Is Net Worth? The Basics In preparation
  210. 210 How Does the ECB Work? In preparation
  211. 211 What Is a Stock Exchange? In preparation
  212. 212 How Does Hyperinflation Happen? In preparation
  213. 213 The History of Capitalism In preparation
  214. 214 How Does Supply and Demand Set Prices? In preparation
  215. 215 What Is Quantitative Easing? The Basics In preparation
  216. 216 What Is Passive Investing? In preparation
  217. 217 How Does Wealth Inequality Grow? In preparation
  218. 218 The History of the Housing Bubble In preparation
  219. 219 The History of Insurance In preparation
  220. 220 What Is a Central Bank? In preparation
  221. 221 What Is Unemployment and How Is It Measured? In preparation
  222. 222 What Is a Sunk Cost? In preparation
  223. 223 What Is Risk Tolerance? In preparation
  224. 224 How Does the Gold Standard Work? In preparation
  225. 225 What Is Shadow Banking? With Examples In preparation
  226. 226 How Do Countries Borrow Money? In preparation
  227. 227 What Is Expected Value? The Basics In preparation
  228. 228 What Is Bretton Woods System? In preparation
  229. 229 What Is Progressive Tax? Explained Simply In preparation
  230. 230 What Is a Bull Market? In preparation
  231. 231 What Causes Inflation? The Main Explanations In preparation
  232. 232 How Did Currency Start? In preparation
  233. 233 Is Universal Basic Income a Good Idea? Arguments For and Against In preparation
  234. 234 How Does a Mortgage Work? In preparation
  235. 235 What Is GDP per Capita? In preparation
  236. 236 What Is a Coupon Rate? In preparation
  237. 237 What Caused the Great Depression 1929? The Main Explanations In preparation
  238. 238 How Does a Credit Score Work? In preparation
  239. 239 How Do Taxes Work? In preparation
  240. 240 What Is Austrian Economics? In preparation
  241. 241 Hyperinflation in Germany Explained In preparation
  242. 242 What Caused the 2008 Financial Crisis? The Main Explanations In preparation
  243. 243 What Is a Certificate of Deposit? With Examples In preparation
  244. 244 What Is a Circular Economy? In preparation
  245. 245 How Does Stock Trading Work? In preparation
  246. 246 How Does a Trade War Work? In preparation
  247. 247 How Does Bitcoin Work? In preparation
  248. 248 What Is an Economic Bubble? In preparation
  249. 249 The 50/30/20 Rule Explained In preparation
  250. 250 What Is a Repo (Repurchase Agreement)? In preparation
  251. 251 What Is a Sovereign Wealth Fund? The Basics In preparation
  252. 252 The History of the Euro In preparation
  253. 253 What Is a Sales Tax? Explained Simply In preparation
  254. 254 What Is Portfolio Rebalancing? In preparation
  255. 255 What Is the Human Development Index? With Examples In preparation
  256. 256 What Is the European Central Bank? In preparation
  257. 257 What Is Standard Deviation in Finance? The Basics In preparation
  258. 258 What Is a Bear Market? In preparation
  259. 259 What Is a Budget Deficit? Explained Simply In preparation
  260. 260 What Is a Credit Score? In preparation
  261. 261 What Is Degrowth? With Examples In preparation
  262. 262 What Is the Real Interest Rate? In preparation
  263. 263 What Is a P/E Ratio? In preparation
  264. 264 What Is Shrinkflation? In preparation
  265. 265 What Is Fractional Reserve Banking? Explained Simply In preparation
  266. 266 What Is a Command Economy? In preparation
  267. 267 What Is Volatility in Stocks? With Examples In preparation
  268. 268 What Is the Debt Ceiling? In preparation
  269. 269 What Is Cryptocurrency? The Basics In preparation
  270. 270 The History of Dot Com Bubble In preparation
  271. 271 What Is Commodity Money? Explained Simply In preparation
  272. 272 What Is Foreign Exchange Reserves? In preparation
  273. 273 What Is Income Tax? With Examples In preparation
  274. 274 What Is the Euro Crisis? In preparation
  275. 275 What Is an Investment Bank? The Basics In preparation
  276. 276 What Is a Pension? In preparation
  277. 277 What Is the Current Account? Explained Simply In preparation
  278. 278 The History of Stock Market Crashes In preparation
  279. 279 What Is a Credit Union? With Examples In preparation
  280. 280 How Does a Recession Affect People's Lives? In preparation
  281. 281 Fixed vs Variable Interest Rate: What's the Difference? In preparation
  282. 282 What Is the Gig Economy? In preparation
  283. 283 How Do Bonds Work? In preparation
  284. 284 What Caused Inflation in 2022? The Main Explanations In preparation
  285. 285 How Does Fiat Money Work? In preparation
  286. 286 What Is New Keynesian Economics? In preparation
  287. 287 What Is the Balance of Payment? The Basics In preparation
  288. 288 What Is a Tax Haven? In preparation
  289. 289 What Is Currency Depreciation? Explained Simply In preparation
  290. 290 What Is the Invisible Hand in Economics? In preparation
  291. 291 What Is Market Cap? With Examples In preparation
  292. 292 What Is the Minimum Wage? In preparation
  293. 293 How Do Credit Cards Work? In preparation
  294. 294 What Is Free Trade? In preparation
  295. 295 What Is the Gini Coefficient? Explained Simply In preparation
  296. 296 What Is Paper Money? In preparation
  297. 297 What Is a Mortgage Rate? With Examples In preparation
  298. 298 What Is the Cost of Living? In preparation
  299. 299 What Is Diversification? The Basics In preparation
  300. 300 What Is Inheritance Tax? In preparation
  301. 301 Capitalism vs Socialism: What's the Difference? In preparation
  302. 302 How Do Interest Rates Affect the Economy? In preparation
  303. 303 How Does Inflation Reduce Debt? In preparation
  304. 304 How Does Private Equity Work? In preparation
  305. 305 How Does Money Printing Work? In preparation
  306. 306 What Is a Wage-Price Spiral? In preparation
  307. 307 What Is Modern Monetary Theory? Explained Simply In preparation
  308. 308 What Is Real Estate Investing? In preparation
  309. 309 What Is the Balance of Trade? With Examples In preparation
  310. 310 What Is an Interest Rate? In preparation
  311. 311 What Is a Market Economy? In preparation
  312. 312 What Is Bitcoin? In preparation
  313. 313 How Does Money Get Its Value? In preparation
  314. 314 What Is a Stock? In preparation
  315. 315 What Is Protectionism? With Examples In preparation
  316. 316 What Is Cryptocurrency Mining? In preparation
  317. 317 What Is M2 Money Supply? The Basics In preparation
  318. 318 What Is a Bond Ladder? In preparation
  319. 319 Micro vs Macro Economics: What's the Difference? In preparation
  320. 320 How Does Inflation Affect Interest Rates? In preparation
  321. 321 How Does International Money Transfer Work? In preparation
  322. 322 What Is a Treasury Bill? In preparation
  323. 323 What Is the Nordic Model? The Basics In preparation
  324. 324 How Does Inflation Affect the Stock Market? In preparation
  325. 325 How Do ETFs Work? In preparation
  326. 326 What Is Monetarism? In preparation
  327. 327 How Do Banks Create Money? In preparation
  328. 328 What Is Private Equity? In preparation
  329. 329 What Is Laissez Faire Economics? The Basics In preparation
  330. 330 Stocks vs Bonds: What's the Difference? In preparation
  331. 331 What Is the Time Value of Money? Explained Simply In preparation
  332. 332 Communism vs Socialism: What's the Difference? In preparation
  333. 333 How Do Index Funds Work? In preparation
  334. 334 What Is Marxism? In preparation
  335. 335 What Is a Mutual Fund? The Basics In preparation
  336. 336 What Is Capitalism? In preparation
  337. 337 What Is an IPO? Explained Simply In preparation
  338. 338 What Is Supply Side Economics? In preparation
  339. 339 Active vs Passive Investing: What's the Difference? In preparation
  340. 340 What Is Short Selling? In preparation
  341. 341 What Is Socialism? The Basics In preparation
  342. 342 What Is Dollar Cost Averaging? In preparation
  343. 343 What Is a Dividend? Explained Simply In preparation
  344. 344 What Is an Option Contract? In preparation
  345. 345 What Is a Treasury Bond? With Examples In preparation
  346. 346 How Do Stock Options Work? In preparation
  347. 347 What Is Venture Capital Investment? The Basics In preparation
  348. 348 What Is a REIT? In preparation
  349. 349 What Is an ETF? Explained Simply In preparation
  350. 350 How Do Hedge Funds Work? In preparation
  351. 351 What Is an Index Fund? With Examples In preparation
  352. 352 Saving vs Investing: What's the Difference? In preparation
  353. 353 What Is a Dividend Yield? The Basics In preparation
  354. 354 What Is a Forward Contract? In preparation
  355. 355 What Is a Bond? Explained Simply In preparation
  356. 356 How Does Short Selling Work? In preparation
  357. 357 What Is a Reverse Stock Split? With Examples In preparation
  358. 358 What Is Treasury Yield? In preparation
  359. 359 ETF vs Mutual Funds: What's the Difference? In preparation
  360. 360 What Is a Junk Bond? In preparation
  361. 361 What Is a Hedge Fund? Explained Simply In preparation
  362. 362 Stock vs Share: What's the Difference? In preparation
  363. 363 What Is a Stock Option? With Examples In preparation
  364. 364 What Is a Bond Yield? In preparation
  365. 365 What Is a Stock Split? The Basics In preparation