Economics

This Economics course is designed to increase understanding and useful, relevant vocabulary pertaining to the field of Economics. This course will track and evaluate the impact of scarcity, production, consumption and the distribution of wealth and property. The practical distribution is studied globally, at both the micro and macro level. Throughout this course, students will evaluate the role of the Federal government in the US economy and its greater effects on global markets. This course will investigate the science behind the individual, government, business, and national choices and struggle to overcome scarcity. Through the study of both the Classical and Keynesian approach to economics, this course seeks to help one unfold and develop an opinion and perspective of how a market and its policies can best operate. This course will develop understanding and appreciation of command, market and mixed economic systems.  Lastly, subsequent methods of regulation will be explored as students design, develop and analyze business models and larger economic projects.

Students will analyze international trade and the role of other nations on the US economy Outcomes.  Students will be able to correctly use and understand economic vocabulary in both everyday life and conceptual study. Students will be able to demonstrate the major terms and concepts of economics to help them start and operate a business model. Students will learn to critique and analyze the operations of existing businesses as models are improved and designed. Students will be able to evaluate and understand economics (on both a local and global scale) and the role of the federal government.  Students will be able to articulate the lasting effects that US government policies and regulations have on the domestic and global market.