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High School Economics with Financial Literacy for Credit Recovery

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Suggested Prerequisites

Economics

Description

Economic decisions affect us every day of our lives. Understanding economics means thinking about how scarcity, or limited resources, requires us to make choices and evaluate one option against others. In this course, you will recognize examples of economics in your daily life. You will see how the economic choices of larger groups, like businesses and governments, affect yourself and others. As you progress through the course, you will recognize that the costs and benefits of choices connect individuals and groups around the world. The purpose of this course is to help you become a smart consumer who understands the flow of an economy between individuals, businesses, governments, and the rest of the world.This Credit Recovery course• may not replace a student's grade (check with your counselor for guidelines)• is not NCAA approved (not recommended for student athletes)

Module One

-scarcity

-cost-benefit analysis

-supply and demand

-prices

-money

-currency


Module Two

-wants versus needs

-choices

-taxes

-saving and investing

-credit

-budgeting


Module Three

-entrepreneurship

-business organization

-market types

-maximizing profit

-productivity


Module Four

-role of government in the economy

-fiscal policy

-monetary policy


Module Five

-economic theory

-economic indicators

-types of national economies

-international trade

-free trade and trade barriers

-comparing world economies


Module Six

-economic relationships

-externalities

-decision-making model