Economics

Grades: 10–12
Time: 9 AM–12:30 PM
Session 1: June 17–June 28
Credit: Half-Credit
Phase: Honors
Anticipated Instructor: Bill Sutherland
Prerequisites: This course is an elective open to rising sophomores, juniors, and seniors. This course is open to students in College Prep, Accelerated, and Honors Social Studies courses. Due to the intensive nature of the summer session, the course will follow the Honors curriculum. Successful completion of Economics is a requirement for all students.
Cost: $650
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This is an introductory survey course in economic theory and practice. This course will cover the following topics: how economic decisions are made, opportunity cost, the rationing of resources, the role of supply and demand in our economy, the function of the price system, government intervention in the marketplace, economic cycles, causes of inflation and unemployment, measuring economic growth, and economic systems. Graphs will be used to illustrate these concepts.  We will also discuss how to use economic indicators to explain how consumers, producers, and the government interacts with one another for the betterment of society.  The class will also study and discuss current economic conditions, problems, and events.
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ACCREDITED BY MIDDLE STATES ASSOCIATION