This multi-media online Economics course focuses on the decision making of individuals, organizations, and governments in a market setting. It covers topics such as scarcity, opportunity cost, demand, supply, price, and the four types of market structures.
Economics contains 61 lessons and begins with an introduction of economics, including a review of the American free enterprise system. Students will then learn about markets, business and labor, and banking and finance in the microeconomics section. Next, they will learn about measuring economic performance, the government’s role in the economy, and international trade and development in the macroeconomics section.
Taxes and government spending are highlighted as well as the role of the Federal Reserve and monetary policy. There are 10 videos dealing with personal finance that are assigned to provide students with practical knowledge and skills that are immediately applicable to their everyday lives, such as buying insurance, paying for education, and how to open a savings account.
This half unit course is self-contained with no additional textbook or print materials. There are 2 graded discussion boards and 19 examinations in Economics (online).