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Economics: The World Runs on Self Interest-Semester Course

Completed by 29 learners
Ages 14-18
Live Group Course
In this 12 week course, students will learn the fundamentals of economics, microeconomics, macroeconomics, International Economics, and Personal Economics.
Average rating:
4.9
Number of reviews:
(55 reviews)

Live video meetings
1x per week, 12 weeks
3-10 learners per class
60 min

What's included

12 live meetings
12 in-class hours
Homework
1 hour per week. Students will have a weekly homework assignment, which will reflect upon the concepts discussed in class. There will also be a final quiz that is due after the final live class.
Letter Grade
Students will be graded on their weekly assignments and a final test. They will also receive participation points for engage in in at least half of the weekly discussion questions. The homework accounts for roughly 78% of their grade, the final test accounts for roughly 14%, and the participation for 7%.
Grading
included

Class Experience

US Grade 9 - 12
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. The presentation will contain videos and discussion questions that students will be expected to participate in. 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 live class. Homework will be assigned due dates. If you are interested in a class that does not have due dates, then check out my flexible schedule economics class.

*Additional reading material can be distributed each week upon request*

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
Market Structures: Perfect Competition, Monopoly, and Oligopoly

Week 6: Microeconomics
Monopolistic Competition, Government Failures/Public-Choice Analysis, Market Failures, & Entrepreneurs

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


**Note this class requires at least 3 students in order to begin. If there are less than 3 students enrolled, I reserve the right to cancel the class and issue a refund.

Learning Goals

At the end of this course, learners will have a basic understanding of the fundamentals of economics. These fundamentals include the 51 key concepts recommended by the Council of Economic Education for High School Classes.

Syllabus

12 Lessons
over 12 Weeks
Lesson 1:
Week 1: Fundamental Economics
 Decision Making and Cost-Benefit Analysis, Incent 
60 mins online live lesson
1 assignment
Lesson 2:
Week 2: Fundamental Economics
 Money, Productivity, Property Rights, Technology,  Division of Labor and Specialization, Trade, & Exchange and Interdependence 
60 mins online live lesson
1 assignment
Lesson 3:
Week 3: Microeconomics
 Demand,  Elasticity of Demand, Supply, Profit, Markets and Prices, Price Ceilings and Floors, & Roles of Government 
60 mins online live lesson
1 assignment
Lesson 4:
Week 4: Microeconomics
 Consumers, Producers, Competition and Market Structures, & Income Distribution 
60 mins online live lesson
1 assignment

Other Details

External Resources
Learners will not need to use any apps or websites beyond the standard Outschool tools.

Meet the teacher

Joined July, 2021
4.9
55reviews
Profile
Teacher expertise and credentials
Doctoral Degree from University of Arkansas at Little Rock
Bachelor's Degree from George Mason University
I have a Juris Doctor degree from William H. Bowen School of Law and a Bachelors of Science in Economics from George Mason University.  I have over 3 years of experience teaching children of all ages on a variety of topics.

Reviews



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