04201 NY

This semester-long course is designed to provide students with a strong foundation of basic economic principles, with an emphasis on the free enterprise system and its benefits. Topics in this course include:

  • Scarcity

  • Supply and demand

  • The economic role of the federal government

  • The benefits of the free enterprise system

  • Different market structures

  • Market regulations

  • The macroeconomy

After completing the course, students should be able to answer a variety of economic questions and demonstrate a number of social studies skills.


  • Answer the question "What is the economy?"

  • Understand the principles of supply and demand.

  • Understand market structures.

  • Understand the government's role in the economy.

  • Understand how a variety of factors impact individual and group decision-making.

  • Analyze economic data

  • Apply economic data

  • Demonstrate scholarly writing, critical thinking, and reasoning skills.

  • Understand the difference between primary and secondary sources.

State: New York
Grade Level: 12
Category: History & Social Sciences
Course Length: Year