This is a college level course that provides an intense basic introduction to both micro and macro-economics. In the first semester, students will study microeconomics and focus on opportunity cost, the concept of scarcity, and the law of comparative advantage. During the second semester, the macroeconomics topics will include aggregate demand and supply; monetary and fiscal policy; money and banking; full employment; Gross Domestic Product; the role of government; current macroeconomics issues. This course strongly emphasizes essay writing as a preparation for the AP examination. Students will be required to take the AP Economics exam in the May.