Course Description

Class or Grade:  11-12th

Subject:  Economics 

Philosophy Statement:  Economics is important to our understanding of how man satisfies his unlimited wants with the limit resources God has given him. This course is designed to provide students with a basic understanding of micro, macro, and consumer economics while providing the Biblical basis for each.

Course Objective:  This course will give each student a basic knowledge of micro, macro and consumer economics in a Biblically based view. Students will gain an ability to understand current economic events and how they affect our government, international decisions and history. Students will also gain a Christian based economic view of each area covered so they can become more Christ centered in their decision making.

Textbooks:      Junior Achievement Economics

                        Junior Achievement, Inc.

                        Copyright 2000

Materials:

• Junior Achievement Workbook

Time Allotment:  45 minutes per day, 5 days per week, one semester

Course Content:

• Defining the different types of economic studies
• Free Enterprise System of the United States
• Demand, Supply, and the Market Clearing Price
• Consumer, Saver, and Investor
• Forms of Business Organizations and the Role of the Entrepreneur
• How to Finance a Business
• Measuring Production and Productivity
• The U.S. Labor Force along with the Collective Bargaining Process
• Forms of Business Competition
• The Government and the Economy
• Money and Financial Institutions
• Economic Stability
• International Trade and the Global Economy

Areas to be evaluated:

• Workbook activities
• Quizzes
• Tests
• A major economic project

Additional activities:

• A small business project involving a member of the business community may be involved if available.