Module 1
The Economic Machine
How transactions, credit, and productivity create cycles.
4 lessons · 5 completed total
Lesson 1
Transactions: The Building Block
Everything in economics starts with a transaction.
Lesson 2
Money vs Credit
Money and credit seem similar — both let you buy things.
Lesson 3
The Productivity Growth Trend
Underneath all the cyclical noise — the booms and busts, the market crashes and rallies — there's a steady underlying trend: productivity...
Lesson 4
Why Cycles Exist
If productivity grows steadily, why do economies boom and bust?