Open to Grades 11-12
Prerequisite: Departmental approval
This course will cover an introduction to basic economic principles including, but not limited to, scarcity and choice, supply and demand, competition, incentives, markets, and price. The course will also explore macroeconomic principles such as national debt, unemployment, inflation, and money through different schools of thought. Microeconomic principles such as consumers, firms, and income distribution will also be addressed. Students will read and engage with the history of economic thought through books and journal articles. Finally, the course will relate the above concepts to current world and national economic news events. Prerequisite: departmental approval.