Prerequisite: None
Credit: 1.0
Grades: 10-12
How does money affect your life? What makes prices go up or down? Why do some jobs pay better than others? What are your options for saving for the future? Why do you have to pay taxes? This one semester course explores how economic decisions affect us every day of our lives. Understanding economics means thinking about how scarcity, or limited resources, requires us to make choices and evaluate one option against others. The objective of this course is to equip the student with knowledge that is strongly rooted in economic principles so that he or she will be able to differentiate between economic models, understand issues pertaining to global and national economics, gain insight into choices that business must make and learn the importance of managing personal finances and planning for one’s future financial security.