Economics - Class IX Resources

The following list of online resources are provided as a sample of curated resources. New resources shall be added as we come across interesting and relevant online materials.

1. Definitions of Economics

Description: Explains the definitions of economics with its prominent features and criticisms.

Core Concepts: Definitions of economics.

Link: Webpage on top 4 definitions of economics

Description: Explains the definitions of economics with example.

Core Concepts: Definitions of economics.

Links: 

2. What is Economics?

Description: Explains the meaning of economics with the help of subject matter studied in economics.

Core Concepts: Definitions of economics.

Link: Video on what is economics

Description: Explains the definitions of economics with its prominent features and criticisms.

Core Concepts: Definitions of economics.

Link: Webpage on what is economics?

3. Opportunity Cost

Description: The meaning of opportunity cost is explained with help of an assumed figures and graph.

Core Concepts: Opportunity cost.

Link: Video on opportunity cost

4. Production Possibility Curve

Description: The meaning of PPC is explained with help of an assumed figures and graph.

Core Concepts: Production Possibility curve.

Link: Video on production possibilities curve

5. Economic Choice and Opportunity Cost

Description: It is a sample case study lesson to teach economic choice and opportunity cost.

Core Concepts: Economic choice and opportunity cost.

Link: PDF on economic choice and opportunity cost

6. Factors of Production

Description: Explains the factors of production.

Core Concepts: Factors of production.

Link: Webpage on factors of production

Description: The four factors of production are explained with the help of pictures.

Core Concepts: Factors of production.

Link: Video on four factors of production

7. How to Ask Good Survey Questions?

Description: Explains how to ask good survey questions to make a field trip meaningful.

Core Concepts: Survey questionnaire sample.

Link: Video on how to ask good survey question

8. Phone Interview Tips

Description: Explains how to conduct interview on phone if one is not able to go for field interview.

Core Concepts: Survey questionnaire sample.

Link: Video on phone interview tips

9. Loden Foundation

Description: Site to search for the stories of successful entrepreneurs.

Core Concepts: Traits of successful entrepreneur.

Link: Website on Loden foundation

10. Yellow Bhutan

Description: Site to search for the stories of successful entrepreneurs.

Core Concepts: Traits of successful entrepreneur.

Link: Webpage on successful stories of entrepreneurs from yellow.bt

11. 6 Traits ALL Successful Entrepreneurs Share

Description: Explains the traits of successful entrepreneurs.

Core Concepts: Traits of successful entrepreneur.

Link: Video on 6 traits all successful entrepreneurs share

12. 7 Habits of Highly Effective Entrepreneurs

Description: Explains 7 habits of highly effective entrepreneurs.

Core Concepts: Traits of successful entrepreneur.

Link: Video on 7 habits of highly effective entrepreneurs

13. Why Successful People All Embrace the 5-Hour Rule

Description: Explains why successful people All embrace the 5-hour rule.

Core Concepts: Traits of successful entrepreneur.

Link: Video on 5-hour rule embraced by successful people

14. Economic Sector

Description: Explains the different sectors of economy with the help of examples.

Core Concepts: Types of economic sector.

Links: 

15. Law of Demand

Description: Contains the explanation of the law of demand with help of demand schedule and demand curve. The exceptions to the law of demand are also captured.

Core Concepts: Law of demand.

Links: 

16. Factors Affecting Demand

Description: The factors affecting demand are explained clearly with pictorial examples.

Core Concepts: Factors affecting demand.

Link: Video on factors affecting demand

17. Movement Along the Demand Curve

Description: Explains the moment along the demand curve and shift in demand curve in logical sequence with the help of a graph.

Core Concepts: Movement along and shift in demand curve.

Links:

Description: Explains the shift in demand curve with the help of a graph.

Core Concepts: Shift in demand curve.

Link: Video on factors affecting demand

18. Shift in Demand Curve

Description: Explains the shift in demand curve with the help of a graph.

Core Concepts: Shift in demand curve.

Link: Webpage on shift in demand curve

19. Price Elasticity of Demand

Description: Contains the computation of the price elasticity of demand.

Core Concepts: Price elasticity of demand.

Link: Video on price elasticity of demand

20. Law of Supply

Description: Demonstrates and explains the law of supply with help of a schedule and curve.

Core Concepts: Law of supply/ supply schedule/supply curve.

Link: Video on law of supply from khanacademy.org

21. Factors Affecting Supply

Description: The factors affecting supply are explained.

Core Concepts: Factors affecting supply.

Link: Video on factors affecting supply from khanacademy.org

22. Supply and Law of Supply

Description: Quiz on the concepts of supply and law of supply.

Core Concepts: Supply and law of supply.

Link: Webpage on supply and law of supply from khanacademy.org

23. Change in Supply Versus Change in Quantity Supplied

Description: Explains the difference between the change in supply and change in quantity supplied with the help of a diagram.

Core Concepts: Comparison between the movement along and shift in supply curve.

Link: Video on change in supply versus change in quantity supplied

24. Change in Supply Versus Change in Quantity Supplied

Description: Explains the difference between the change in supply and change in quantity supplied with the help of a diagram.

Core Concepts: Comparison between the movement along and shift in supply curve.

Link: Video on change in supply versus change in quantity supplied

25. Price Elasticity of Supply

Description: Contains the computation of the price elasticity of supply.

Core Concepts: Price elasticity of Supply.

Link: Webpage on price elasticity of demand and price elasticity of supply

26. Market Equilibrium

Description: Demonstrates the determination of equilibrium price and quantity with the help of a diagram.

Core Concepts: Determination of equilibrium price.

Link: Video on market equilibrium

27. Economic Systems

Description: Comprehensive explanation of different types of economic systems, their historical development and theories.

Core Concepts: Economic Systems.

Link: Webpage on economic systems

Description: Explains different economic systems and their differences.

Core Concepts: Economic Systems.

Link: Webpage on types of economic systems

28. Brief History of Currency in Bhutan

Description: Brief history of currency in Bhutan and its management.

Core Concepts: Historical development of money in Bhutan.

Link: Webpage on the history of currency in Bhutan 

29. Monetisation of Bhutan

Description: Brief history of currency in Bhutan and its management.

Core Concepts: Monetisation of Bhutan.

Link: PDF on the monetisation of Bhutan

30. Market Structure

Description: Explains the features of four market structures (based on degree of competition) in details.

Core Concepts: Types of market structure.

Link: Video on four market structure

31. Difference Between Internal and External Trade

Description: Explains the difference between the internal and external trade.

Core Concepts: Difference between internal and external trade.

Link: Video on difference between the internal and external trade

32. Advantages and Disadvantages of Trade for Developing Countries

Description: Explains the cost and benefits of trade on the developing countries.

Core Concepts: Impact of trade.

Link: Video on advantages and disadvantages of trade

33. Differential Effects of Trade on Economic Growth and Investment

Description: A paper on the effects of trade on the economic growth and investment.

Core Concepts: Impact of trade.

Link: Video on differential effects of trade on economic growth and investment

34. Comparative Advantage Worked Example

Description: Worked examples of comparative cost advantage problems.

Core Concepts: Comparative cost advantage.

Link: Video on comparative advantage worked example

35. What is Absolute Advantage?

Description: Explains the meaning of absolute advantage, its pros and corns and its comparison with comparative advantage.

Core Concepts: Absolute cost advantage.

Link: Webpage on what is absolute advantage

36. E-Commerce

Description: Comprehensive explanation meaning, types, operation, pros and corns and the government regulations of e-commerce.

Core Concepts: E-commerce.

Link: Webpage on what is e-commerce

38. Difference Between a Central Bank and Commercial Bank

Description: Brief distinction between the commercial banks and central bank.

Core Concepts: Difference between commercial banks and central banks.

Link: Webpage on commercial and central bank

39. Current Inflation Rate in the Country

Description: Website of National Statistical Bureau to assess current inflation rate in the country.

Core Concepts: Current inflation rate in the country.

Link: Website on national statistical bureau

40. Inflation

Description: Brief explanation of the meaning and causes of inflation with solved questions.

Core Concepts: Causes of inflation.

Link: Webpage and video on meaning and causes of inflation

41. Common Effects of Inflation

Description: Explains effects of inflation in details with relevant examples.

Core Concepts: Effects of inflation.

Link: Webpage on 9 common effects of inflation

42. What are the Degrees or Type of Inflation?

Description: Explains various type of inflation precisely.

Core Concepts: Types of inflation.

Link: Webpage on the degrees of inflation