GED® Social Studies: Economics

Economics is one of the four content areas on the GED® Social Studies test. This course covers everything you need: scarcity and opportunity cost, how supply and demand set prices, market structures from competition to monopoly, personal finance skills like budgeting and credit, the government's role in the economy, macroeconomic indicators like GDP and inflation, and how to read economic graphs and data. Every lesson uses real-world examples, key-term definitions, misconception warnings, and tips.