Economics: Semester Course (Flex Class)

In this 12 week semester course, students will learn 51 key economic concepts recommended by the Council of Economic Education for High School classes. The class will consist of a lecture and google slide presentation. Each week students will have a homework assignment, which will reflect upon the concepts discussed in class. There will also be a final quiz that is due after the final class. 

Week 1: Fundamental Economics 
Decision Making and Cost-Benefit Analysis, Incentives, Economic Institutions, Economic Systems, Human Capital, Opportunity Cost, Productive Resources & Scarcity

Week 2: Fundamental Economics 
Money, Productivity, Property Rights, Technology,  Division of Labor and Specialization, Trade, & Exchange and Interdependence

Week 3: Microeconomics
Demand,  Elasticity of Demand, Supply, Profit, Markets and Prices, Price Ceilings and Floors, & Roles of Government

Week 4: Microeconomics
Consumers, Producers, Competition and Market Structures, & Income Distribution

Week 5: Microeconomics
Government Failures/Public-Choice Analysis, Market Failures, & Entrepreneurs

Week 6: Macroeconomics
GDP, Real vs. Nominal, Inflation, Business Cycles, Economic Growth, & Aggregate Demand

Week 7: Macroeconomics
The Federal Reserve & Budget Deficits and Public Debt

Week 8: Macroeconomics 
GDP, Real vs. Nominal, Inflation, Business Cycles, Economic Growth, & Aggregate Demand

Week 9: Macroeconomics
Aggregate Supply, Employment and Unemployment, Fiscal Policy, & Monetary Policy

Week 10: International Economics 
Markets/Exchange Rates, Balance of Trade and Balance of Payments, Barriers to Trade, Benefits of Trade/Comparative Advantage, Economic Development, & Foreign Currency

Week 11: The U.S. Tax System
Income, Corporate, payroll, capital gains, sales, property, tangible personal property, estate, and inheritance taxes 

Week 12:  Personal Finance
Compound Interest, Credit, Financial Markets, Insurance, Money Management/Budgeting, Risk and Return, & Saving and Investing