Course Description

This course begins with a study of microeconomics that applies directly to the student’s own life and what the Bible has to say about how we are to spend our time and money in particular. The course then moves through an economic history of the United States, as well as terms and concepts used in economics (such as “supply and demand,” “gross domestic product,” “consumer price index,” etc.). In this class students will discover what an economy is including a large focus on understanding their role in an economy. We will discuss how to make informed choices within our economy. Students will also be asked to consider their future plans after high school and will present these to the class. Students will leave this class having discussed the following topics that include, but are not limited to: capitalism, communism, scarcity and choice, specialization, inflation, markets, monetary policy, fiscal policy, trade, economics in the Bible, economic history of the United States, concept of supply and demand, fair trade vs. free trade, gross domestic product, consumer price index, taxes and tariffs, salaries and compensation, labor policy, government policy and regulation, stock market and investments, personal finance.

To be successful in this class:

Students should be aware that this is a required high school course aimed at juniors and seniors. The class lends itself to challenging a students ability to think about their future and what God may have for them as they become more and more of a functional part of the economy in which they live. Success in this class depends on their ability and willingness to engage these ideas effectively.

Grades: 11th Grade, 12th Grade

Fees: $225

Course Credit: 0.5 history