Economics (Period 1)

Course Description: 

This course offers an understanding of economic problems and institutions of our nation and the world.  In this course, the students will examine their perspective involvement in our economic affairs.  By participating in simulations, learning economic terminology, and measurement methods, they will be ready to take an active role in our economy.

Students will learn the role of consumers, producers, and the government in the marketplace.  They will understand the limited resources we have and the opportunity cost of our decisions.  By examining the circular flow of economic activity, they will see the role that buyers, sellers, and the government play in our economy.  They will also learn about alternative economic systems and their impact on our society.  In microeconomics, they will study the basic ideas and concepts that deal with supply, demand, and the equilibrium point.  In macroeconomics, students will also be able to analyze the current state of our economy and rationalize the decisions made by our government.  Students will be able to explain a business cycle and explain fiscal and monetary policies.  Students will also see the role the United States of America has in our world as a major power in trade.  They will analyze our current economic affairs and anticipate future changes. 

Course Content:

The course is divided into six units:

1. Securities/Stock Market

2. Introduction to Economics

3. Microeconomics

4. Macroeconomics

5. International Trade

6. Basic Living Skills / Personal Finance

ESLRs Addressed by Curriculum:

• Critical Thinking

• Technological Literacy

• Post Secondary Preparation

• Civic Responsibility