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This one-semester course covers the required content for Economics. The course covers the following information.

  • Basic principles concerning production, consumption, and distribution of goods and services in the United States and a comparison with those in other countries around the world.
  • Students examine the rights and responsibilities of consumers and businesses. Students analyze the interaction of supply, demand, and price and study the role of financial institutions in a free enterprise system.
  • Types of business ownership and market structures are discussed, as are basic concepts of consumer economics.
  • The impact of a variety of factors including geography, the federal government, economic ideas, societal values, and scientific discoveries and technological innovations on the national economy and economic policy is an integral part of the course.

Students also complete activities that will increase their knowledge regarding personal financial literacy. Topics include budgeting, checking accounts, savings and investments, and credit and debit cards.