Students will examine the basic principles of economics, as well as investigate the effect those principles have on every aspect of society. Lessons and projects encourage students to examine a variety of problems from the viewpoint of an economist. Theywill be completing formal and informal writing using research, while also incorporating media and technology. Economics teaches real life skills that students will be able to apply to their lives every day.
- Decisions: Students explore economics as a social science focusing on decision making by looking at cost-benefit analysis, scarcity, marginal costs and benefits, and the allocation of resources. Students examine factors that influence the decision-making process and will be able to compare and contrast the efficiency of different market structures.
- Economic Roles: Learn to describe the roles of consumers, producers, and laborers in the economy, as well as examining how those roles and government regulations impact the economy.
The Market:Students will examine the marketplace economy through the laws of supply and demand, the role that prices and competition play, and the laws of supply and demand are identified.
Macroeconomics: Students are introduced to the study of the whole economy with a focus on how the choices of all firms and markets effects a country, including GDP, GNP, economic growth, and the role of government, money supply, and fiscal policy.