Economics

Prerequisites:

None

Credit:

0.5

Grade Level:

11

The Economics course enables students to understand and consider potential implications of basic scarcity, a problem faced by all individuals, businesses, and societies. From personal decisions to global concerns, economics teaches students how to successfully evaluate the concept of choice. Through weighing both short- and long-term costs and benefits, examining alternatives, and anticipating intended and unintended consequences of economic choices, students will be prepared as citizens to make personal and societal decisions regarding the market economy, the national economy, the international economy, and personal finance. Units of study include economic fundamentals, how markets work, economic institutions and organizations, economics of the public sector, measuring and monitoring the economy, and the U.S. and the global economy.