Economics: Learning Tools


We have received more compliments, advice and suggestions for this topic than any other (thank you all very much), and so have decided to expand and subdivide our offerings. Below you will find a section on what might be called 'pure' economics - tools to deconstruct and understand the cant of certain interested parties - and another section on personal finance - tools to assist one interested party, yourself.


AEAWeb: Resources for Economists

Omnibus site from the American Economic Association.

AmosWeb: Economics with a Touch of Whimsey

Good basic discussion of macro- and microeconomics in lesson form under "Class portal". The whimsy, we suppose, comes under the PEDestrians Guide to the Economy. The tutorial is more thorough, but you have to subscribe. There is also a glossary and a "webpedia".

Boland on Methodology

Books and papers from Lawrence Boland (Simon Fraser University, B.C., Canada) explore the conceptual foundations of economic reasoning. Learn how what we think is oft determined by how and why we think. Lengthy perhaps, but surprisingly accessible.

! Budgets and Taxes

From Policy Almanac, an intelligent discussion of the federal budgeting process with lots of relevant links at the bottom of the page.

! CyberEconomics

Thorough and lucid tutorial on the many topics of both micro- and macro-economics, especially for the math-challenged (though there is a statistics section, if you're talented thay way).


Interlinked discussion of major topics and concepts in economics, including different economic theories and schools.

Economics at

Some is good, some not. Its Economics from A to Z - an extensive list of current issues and topics in taxes, policy and economics - is worth a browse, but suffers from too long link lines. It's a better encyclopedia than a tutorial, for which it would have to be more systematically arranged.

Economics Basics Tutorial offers a concise and clear tutorial on basic economics (with even a convenient printable pdf version) as well as advanced topics for the investor, a dictionary, articles on investing and more (o.k., well maybe this one will make you wealthy), though some features require registration.

! Encyclopedia of Law & Economics

From Findlaw, scholarly articles on private, common and intellectual property, torts, contracts, tax and enviromental law and the economics of crime and law enforcement. An excellent source. Recommended for those who want to spend some time actually studying the topic.
See also Findlaw's Law and Economics Resources.

The Federal Deposit Insurance Corporation

The subject tabs across the top - Consumer Protection, Industry Analysis and Regulation & Examination - lead to excellent and exceptionally thorough information in their subject areas.

! Federal Reserve Bank Board of Governors

The Fed offers a surprising amount of education and information to the public. Among its online resources are: Federal Reserve Education, the Fed's main education site; the New York Bank's education page; and the San Francisco Bank's education page

Federal Reserve Bank of Boston: History of Colonial Money

Brief overview.

Federal Reserve Bank of Saint Louis: Economic Research

Papers on various economic, fiscal and policy topics. Grouped by year and month.

Federal Reserve Bank of San Francisco: DataPost

Tutorials on unemployment, government spending, gross domestic product, the money supply, and more.


David Lane of Rice University provides an exceptionally thorough online statistics textbook with a diverse list of related links to similar texts elsewhere.

IDEAS: Research Papers in Economics

Extensive collection of books, journals and papers available on line.


Yes, it really is about making money, but its investing tutorials are a good introduction to the market.

An Introduction to Investment Theory

William Goetzman's brief guide was a bit math-heavy for us; but even we know what one good graph is worth.

! Law's Order: What Economics Has To Do With Law, And Why It Matters

From David Friedman, an excellent discussion of the intersection of law and economics, lucid chapters on a variety of economic topics..

Macro-Investment Analysis

From Professor William F. Sharpe, this tutorial is directed to mainly to stock analysts, but would profit any investor who plans to use one.

Mathematical Methods for Economic Theory

From Martin J. Osbourne, a very thorough tutorial on the mathematics pertaining to economics.

! Money: What it is; How it works

Lucid entries on money, banking, the financial markets and the role of government, from William F. Hummel

! National Budget Simulation

Illuminating if for nothing more than discovering where the money goes (and you all thought we just wasted it on the undeserving poor!). Everyone should play.

Principles of Financial Management

Pamela Peterson's 2006 course. Look under "Modules".

! Statistics Help for Journalists

Don't be put off by that word "statistics". Robert Niles' site, is clear and simple, and an excellent primer for for those wishing to know how numbers illuminate and deceive.

Think Economics: Modeling Economic Principles

Learning through interactive graphs. Clear and well-designed site from Dennis & Rebecca Kaufmann.
You may also want to consult Introduction to Graphs from Rob Pusch, Jason Tabor and Judith Grunert at Syracuse University.

Tutor 2U: Economics

U.K. site, useful for clear and concise thumbnail explanations of economics terms and concepts.

Understanding Economics
A bit quirkily antique, perhaps, but....
Understanding the World Macroeconomy
From Professor Nouriel Roubini. Go to "MBA Lectures".


Balance: Financial Fitness Program
For adults, spot advice on a large array of topics (longer articles on some), podcasts and a host of useful calculators.
Building Your Future: a Student and Teacher Resource for Financial Literacy Education
Three excellent on-line books for teens on banking, financing and investing from the Actuarial Foundation
Council for Economic Education
Mostly resources for teachers. We recommend the Financial Fitness for Life Parent Guides at the bottom of the home page.
Federal Reserve Education
The twelve Federal Reserve Banks each offer educational resources, all of which are collected here in one site.
Generation Money
Videos from Channel One, with tutorials on debt, credit and investing.
Mapping Your Future
Fairly detailed advice on college and careers. Its CareerShip feature explores the minutiae of responsibilities and requirements of hundreds of jobs.
The Mint
Advice for teens, parents and teachers from The Northwestern Mutual Foundation, the charitable arm of Northwestern Mutual, partnered with the National Council on Economic Education.
Money Matters: Make It Count
For teens. Skip the topics arranged up top, go to 'Staff Resources', and download the 'Teen Guide'. From the Boys and Girls Clubs of America.
Money: What Young Adults Need to Know
From advice on buying a first car to the importance of savings and investment. A bit more sophisticated than other sites, but clear. From the New Jersey Coalition for Financial Education.
Ultimate Money Skills
Sections on borrowing money, identity theft, smart credit, banking, investing, paying for college and budgeting - all pretty basic - from Bank of America.
United States Treasury: My Money

Oriented toward personal finance, it is an omnibus page for advice and information.

AmosWEB Gloss-arama: Extensive, but annoying pop-ups and graphics.
Deardorff's Glossary of International Economics
Federal Reserve Bank of San Francisco Glossary