11th - 12th Grade
Credit - 1/2
This course surveys the fields of microeconomics, macroeconomics, and gains from trade. Economic Studies involves the systematic study of topics such as opportunity cost, the role of supply and demand, income and consumption, money and banking, management and labor, government expenditures and taxation, inflation and unemployment, growth and recession, wealth and poverty, and the costs and benefits of international trade. Students in this class will study the role of the Federal Reserve and the basics of monetary and fiscal policies, as well as the workings of various forms of business organizations.
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