Economics with Emphasis on the Free Enterprise System and Its Benefits

(Standard)

Course No. SS4EC

Semesters: 1; Credits: .5

Prerequisite: Senior Classification

Economics with Emphasis on the Free Enterprise System and Its Benefits is the culmination of the economic content and concepts studied from Kindergarten through required secondary courses. This course is designed to provide students with an understanding of economic theory and to provide them with a realistic view of how the economy has an effect on daily lives in the U.S. and how this compares to other countries around the world. Areas of instruction include basic economic concepts, the role of supply and demand, national production, the role of labor, business organizations and markets, and the role of the government through spending, taxes, money and banking. The course also incorporates information on personal financial literacy and postsecondary financial aid. Students will apply critical-thinking skills to evaluate the costs and benefits of economic issues.