Econmind

Economics theeasy
way

Learn the foundations of the modern world

play buttonTry it out
hero imagephone image

How Econmind works

Transform your understanding of economics effortlessly with Econmind

1

Download the app

Easily get started by downloading the Econmind app on your mobile device.

2

Engage with Quizzes

Interactive quizzes designed to enhance your understanding of key economic concepts.

3

Learn at Your Own Pace

Explore complex topics simplified into accessible lessons at your own rhythm.

4

Track Your Progress

Keep motivated by tracking your learning progress and celebrate your achievements.

econ learning image

Transform Your Understanding of Economics

Economics is a complex subject, but it doesn't have to be. Our app breaks down the key concepts in a way that's easy to understand, so you can learn at your own pace.

  • Learn the basics of supply and demand
  • Understand how markets work
  • Explore the role of government in the economy
  • Discover how economic policies impact society

What You Will Learn

Basic economics concepts

  • Introduction to economics
  • Economic systems
  • Production possibilities frontier
  • Comparative advantage and the terms of trade

Supply, demand and market equilibrium

  • Demand
  • Supply
  • Market equilibrium

Elasticity

  • Price elasticity of demand and supply
  • Income elasticity of demand and cross-price elasticity of demand

Consumer and producer surples, market interventions, and international trade

  • Consumer and producer surplus
  • Market interventions and deadweight loss
  • International trade

Consumer theory

  • Introduction to consumer theory: total utility and marginal utility
  • Utility maximization using marginal utility per dollar spent
  • Utility maximization with indifference curves

Production decisions and economic profit

  • Introduction to production and costs
  • Production and costs in the short run
  • Production and costs in the long run
  • Types of profit
  • Profit maximization
  • Firm entry, exit, and the shut-down rule

Forms of competition

  • Perfect competition
  • Monopoly
  • Price discrimination
  • Monopolistic competition
  • Oligopoly and game theory

Factor markets

  • Introduction to factor markets
  • Changes in factor demand and supply
  • Optimal choice of factors in perfectly competitive factor markets
  • Choosing inputs when factor markets are monopolistically competitive

Market failure and the role of government

  • Externalities
  • Pollution as a negative externality
  • Innovation as a positive externality
  • The four types of goods: private goods, public goods, common resources, and natural monopolies

The single most powerful asset we all have is our mind. If it is trained well, it can create enormous wealth.

~Robert Kiyosaki

Robert Kiyosaki

“

Frequently Asked Questions

+

What is Econmind?

+

Is the app free?

+

What can I expect to learn?

+

Can I track my learning progress?

+

What can I expect from future updates?

+

The feature I want is not in the app...

+

Is the app available offline?

+

Can businesses or schools use Econmind?