Consumer Economics


The goal of this course is to give students the knowledge and skills necessary to make wise choices as consumers. In Consumer Economics, students learn about the roles of consumers, producers and the government in our economic system, the decision-making process, how to budget, and managing consumer credit. In addition, students study available options and how to get the most for their money in specific areas of spending, such as food, transportation, housing and insurance. In completing this subject students do activities such as discussing steps to protect against identity theft, calculating the net worth of an individual, reconciling a bank statement, deciding what type of life insurance would best suit a particular situation, and interpreting the information on a nutrition label. There are 6 examinations in Consumer Economics. Lowe et al., Consumer Education and Economics, Glencoe/McGraw-Hill.

Have you tried this resource?

Help someone out by sharing your thoughts!

Write a review

Have questions about K-12 education?

Ask our community of thousands of teachers, homeschoolers, and parents! Or see recently-asked questions.

Ask a Question

Frequently Asked Questions

What is Consumer Economics by American School?

Consumer Economics is a learning resource for Home Economics. It is available in the following format(s): Book and Online class. It is suited for High School - College students.

What grade level is Consumer Economics by American School appropriate for?

It is designed for High School - College students, but could be useful for students of other ages as well; please look at the description and images to determine suitability.

How much does Consumer Economics by American School cost?

It costs about $150. (US)