ECONOMICS- SPRING 2014
Course Description
The economics curriculum allows students to explore how individuals and societies use their limited resources to satisfy their unlimited wants. Students will compare economic systems to assess the benefits and drawbacks to each.
To adequately comprehend economic concepts, students will complete homework, quizzes, tests, and a variety of research projects and activities.
The course aims to make the students citizens of our world by encouraging them to think globally as they explore how people, businesses, and governments choose to use resources.
Course Outline
I. The Economic Fundamentals
A. An Economic Way of Thinking
B. Economic Decision Making
C. Economic Systems
D. Gains from Trade
II. How Markets Work
A. Demand and Supply
B. Markets, Equilibrium, and Prices
C. Market Structures and Market Failures
III. Economic Institutions and Organizations
A. Money, Banking, Saving, and Investing
B. Entrepreneurs and Business Organization
C. Human Capital and the Labor Market
IV: Economics of the Public Sector
A. Government and the Economy
B. Taxes and Taxation
V. Measuring and Managing the Economy
A. Measuring the Economy
B. Fiscal and Monetary Policy
VI: Globalization and the Global Economy
A. The United States and the Global Economy
B. The Costs and Benefits of Globalization
The economics curriculum allows students to explore how individuals and societies use their limited resources to satisfy their unlimited wants. Students will compare economic systems to assess the benefits and drawbacks to each.
To adequately comprehend economic concepts, students will complete homework, quizzes, tests, and a variety of research projects and activities.
The course aims to make the students citizens of our world by encouraging them to think globally as they explore how people, businesses, and governments choose to use resources.
Course Outline
I. The Economic Fundamentals
A. An Economic Way of Thinking
B. Economic Decision Making
C. Economic Systems
D. Gains from Trade
II. How Markets Work
A. Demand and Supply
B. Markets, Equilibrium, and Prices
C. Market Structures and Market Failures
III. Economic Institutions and Organizations
A. Money, Banking, Saving, and Investing
B. Entrepreneurs and Business Organization
C. Human Capital and the Labor Market
IV: Economics of the Public Sector
A. Government and the Economy
B. Taxes and Taxation
V. Measuring and Managing the Economy
A. Measuring the Economy
B. Fiscal and Monetary Policy
VI: Globalization and the Global Economy
A. The United States and the Global Economy
B. The Costs and Benefits of Globalization