The purpose of this course is to make students aware of the local, national and global economies and the impact that they have on all individuals. Emphasis will be placed on the structure and process of the American economy (macroeconomics) and the role that individuals and businesses play in the economy (microeconomics). Additionally, global issues and concerns will be dealt with to stress the concepts of scarcity and interdependence. The final exam for this course is a literature review on an economic topic of your choosing.