Naked Economics
Test your knowledge with 45 questions across 3 challenge tiers
Master These Concepts
Review these key terms before taking the quiz
Charles Wheelan
The economist and writer who wrote Naked Economics as an accessible introduction to economics
Wheelan strips away jargon to explain economic concepts for general readers
Naked Economics
The approach of presenting economics without unnecessary complexity or jargon
The book title suggests revealing the essential core of economic thinking
Markets
Systems where buyers and sellers exchange goods services and information
Markets coordinate economic activity through prices and voluntary exchange
Incentives
The rewards and costs that motivate economic behavior
Understanding incentives is key to predicting how people and organizations behave
Human Capital
The skills knowledge and experience that make workers productive
Human capital explains why education and training increase earnings
Productivity
The output produced per unit of input measuring economic efficiency
Productivity growth is the ultimate source of rising living standards
Select a Quiz Tier
Complete each tier to unlock the next and earn your badges.
Fundamentals
TIER 1 • READER BADGE
Deep Dive
TIER 2 • SCHOLAR BADGE
Expert
TIER 3 • MASTER BADGE
