Mom-0-nomics

Tax Break

Congress voted and you win.

More Money

The average American saw her earnings rise more than prices.

Drink Wine

And four other important steps to out-smart high prices.

Teach

New thinking says economic education should be taught in grades K-12 and way beyond.

Win

People lose money in the market but if laws were broken, you could be reunited with your cash.
 

Saftey

Your guide to car seats, booster seats and back seats

Shhhh

Other people's surprising shopping plans and their economic effects.

Buy It

Sept. and Oct. are months to buy a new car. 

 

Move

Shopping for a new place to live is a big economic decision. 
   
   
   
   
   
 

 

 

 

 

 

 

Home Ec's Lite Bite Lingo PDF Print E-mail
Written by The Home Economist   
Friday, 09 September 2011 23:30

Chew on this and in two seconds, you're talking smart about the economy.

 

 

 

You are a Home Economist, making economic decisions every day. But in order to understand the clues the economy is sending you about prices, jobs, homes and schools, well you'll need to learn the lingo. Here, we decode the stuff that Office Economists - the ones giving you those hints - are saying.

 

A

 B C

 

 

 

  

 

 

 

 
D E F

Durable goods: Hairdryers are here, so how durable could they be?

Demand: In econ it's more than ordering around kids. 

 

 

 

Economy: It's just another word for shopping.

Economic indicators: They - no joke - work exactly like the kids in your carpool.

 

 

Federal Funds rate: What  banks whisper to each other eventually gets back to you.  

 

 

 

 

 

 

 
G H  

GDP: Our growing (ha! we wish) economy. 

 

 

 

  

Inflation: Like your waistline, it's not great watching it grow.

Interest rate: seeing as your money's involved, it's interesting.  

 

 

 
J K L
   

 

 

 

 
M N  

Median: The No. 1 way to measure.   

 

 

 

  

Opportunity cost: Because even if there's no charge for the tuna melt, it's gonna cost you something.

 

 

 

 
P Q R

 

 

 

 

    

S

 T U

 

 

 

 

  

Unemployment: It's more than just not having a job.

 

 

 

 
V W X
 

Weak dollars: It's not you - it's the economy.

 

 

 

 

 

 
Y Z  
 

 

 

 

 

  

 
Last Updated on Monday, 24 October 2011 11:25