Economics With Financial Literacy
OVERVIEW
Understanding economics means thinking about how scarcity, or limited resources, requires us to make choices and evaluate one option against others. The purpose of this course is to help you become a smart consumer who understands the flow of an economy between individuals, businesses, governments, and the rest of the world.
MAJOR CONCEPTS
- Introduction to Economics
- Success Planning
- Demand and Supply
- The Soap Opera of Supply and Demand
- The Green and What It Means
- Wants versus needs
- Stock
- Consumer buying and spending
- Fraud protections
- Budgeting
- Taking Care of Business
- Entrepreneurship
- Factors of Production
- Productivity and marginal cost analysis
- Building a Better Business
- Getting Political
- Organization and functions of the Federal Reserve System
- Relationships between consumers, banks, and the Federal Reserve System
- The Fed’s Toolbox
- Uncle Sam’s Toolbox
- Thinking Globally
- Impact of Economists’ Ideas
- Organizing an Economy
- Country’s Goals
- Advantage and balance of trade
- Barriers to trade
- Trade relationships between two countries
- Inflation and inflation’s impact on society
- Circular Flow
- Economic Relationships
- Externalities
- Impact of externalities on consumers and society
HONORS
- Stock
- Uncle Sam’s Toolbox
- Outsourcing Externalities
Fee Details
| Progam | Regular | Honors |
| Fee Component | Course Fee | |
| Amount (USD) | $ 279 | $ 291.5 |
| Description | To be paid by the student at the time of Enrollment. | |
English 
Chinese 
Spanish 
French 
Portuguese 