I'm an Economics Teacher

I'm an economics teacher.  I didn't start out to be one, but like many people, things just kind of fell into place, and here I am.  I love it.  I've taught social studies for 6 years now, and I enjoy studying history and cultures.  So I guess it's not strange that I enjoy economics as well, since that's a fundamental component of any society.  Since I started teaching economics, I have encountered many misconceptions and flat-out falsehoods.  In fairness, my audience is high school students, so it may not be surprising that they don't know much about economics.  But I hear many of these misconceptions from adults as well.  The teacher side of me wants very much to correct  these misconceptions, but not just for academic purposes.  Economics is a part of our daily lives, as individuals and as a society.  I believe that the financial stress that people and nations endure is due to the lack of an adequate understanding of economics.  This post will serve as an introduction to a series of posts explaining 12 principles of economics that I think people should learn.