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High School Economics with Financial Literacy

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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, students will recognize examples of economics in your daily life. Students will see how the economic choices of larger groups, like businesses and governments, affect students and others. As students progress through the course, students will recognize that the costs and benefits of choices connect individuals and groups around the world. The purpose of this course is to help students become a smart consumer who understands the flow of an economy between individuals, businesses, governments, and the rest of the world.

Module 01 - Economics and You

  • What Is Economics?
  • Scarcity and Smart Choices
  • Demand
  • Supply
  • The Market Price
  • Money
  • Taxes and You
  • Save, Invest, or Spend
  • Smart Career Planning
  • Smart Credit
  • Your Budget

Module 02 - Markets and You

  • Circular Flow
  • Factors of Production
  • Business Types
  • Selling It
  • Maximizing Profit
  • Building a Better Business
  • Externalities
  • Government Regulation
  • Making Better Choices
  • Smart Consumerism
  • Smart Insurance

Module 03 - The National Economy and You

  • Ups and Downs
  • Economic Systems
  • Fiscal Policy
  • The Federal Reserve
  • The Fed and Monetary Policy
  • Broad Economic Goals
  • Why Nations Trade
  • Free Trade and Barriers
  • Effects of Inflation