Below is the course descrption from the Program of Studies
The purpose of this course is to provide an overview of the major conceptual models in micro and macroeconomics. What price should be charged? How many units should a firm produce? What will be the impact of a tax? How will a government policy change behavior? What should government do in response to inflation? How can government policy encourage development or productivity? By studying these topics students will develop an economic way of thinking and problem solving for decisions they will make as consumers, members of the work force, citizens, voters, and participants in a larger economic system and global marketplace. Real world application of these economic concepts is critical to success and is a primary mode of learning. Strong conceptual, analytical and reasoning skills as well as a strong work ethic are needed to succeed in this class. The ability to work independently is critical but students also will be called upon to collaborate on group projects during the year.Â