Economy quizzes

Markets, companies, currencies

The Economy theme covers the ideas that explain how societies produce, trade and share wealth: supply and demand, inflation, unemployment, growth, international trade, central banks, stock markets and currencies such as the euro, the dollar or the yen. You will also meet thinkers like Adam Smith, Karl Marx and John Maynard Keynes, and landmark episodes such as the Great Depression of 1929 or the 2008 financial crisis.

The economy quizzes are free, with five difficulty levels from very easy to expert and a short explanation after every answer so you understand the mechanism instead of memorising it. They suit anyone revising the basics or wanting to make more sense of business and market news.

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Frequently asked questions about Economy

What is inflation in economics?

Inflation is a general and sustained rise in the prices of goods and services. It reduces the purchasing power of money: the same amount buys less than before. It is usually measured with a consumer price index that tracks the cost of a typical basket of purchases.

What does gross domestic product (GDP) measure?

GDP measures the value of all goods and services produced within a territory over a given period, usually a year. It is used to gauge the size of an economy and its growth, but it says nothing about how wealth is shared or how satisfied people are with their lives.

What is the difference between a stock and a bond?

A stock is a share of a company's capital: its holder becomes a shareholder and may receive dividends. A bond is a debt security: the investor lends money to a company or a government, which pays interest and repays the amount at maturity.