2017 Economics

Food for Thought

"It is as hard to be poor without complaining as to be rich without becoming arrogant" --Confucius

Image result for economic disparity graph

Links

Class Notes

BC

Course Description

Economics (Required – 12th Grade) One Semester, 1/2 credit

This is an introductory course in economic theory. Basic economic problems such as scarcity, choice, supply and demand, and utility are initially presented in order to relate theory to American capitalism. In particular, the dynamics of the market, personal finance, the factors of production (land, labor, and capital), and banking are explored in detail. The student will then employ this basic knowledge to study specific American economic problems such as: inflation, unemployment, energy, pollution and conservation, taxation and the national debt.