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)  $ 225  $ 237.5 
Description To be paid by the student at the time of Enrollment.

Grade Level

Grade 9, 10, 11, 12

Duration

Semester

Requirements

None

Prerequisites

Algebra 1 recommended

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