The goal of this semester-long course is to provide students with a strong foundation in basic economic principles. Students will examine topics such as:

  • Scarcity
  • Economic roles of individuals, organizations, and institutions
  • Factors that affect supply and demand
  • Different market structures
  • Market regulation
  • The Macroeconomy

The course helps students to investigate several economic questions. For example,

  • What is economics?
  • How does scarcity influence the way people make decisions?
  • In what ways does the market mechanism allocate resources to their best use?
  • How does government regulation affect the economy?

Lessons and projects encourage students to examine a variety of problems from the viewpoint of an economist.

Upon completion of the course, students should be able to do the following:

  • Define economics
  • Describe the economic roles of individuals, organizations, and institutions
  • Analyze factors that affect supply and demand
  • Compare and contrast the efficiency of different market structures
  • Analyze the effects of government regulation upon the economy

State: National, Oklahoma, Utah
Grade Level: 9, 10, 11, 12
Category: History & Social Sciences
Course Length: Semester