Introduction to Economics: Learn at Your Own Pace (Ages 13-18)
Our self-paced course offers engaging lessons tailored for young minds, fostering economic literacy and critical thinking skills!
Ms. Gore, M.Ed. ~ Business Education Teacher
Average rating:
4.9
Number of reviews:(16)
What's included
8 pre-recorded lessons
8 weeks
of teacher support1 year access
to the contentHomework
1 hour per week. Each lesson, students will be given a comprehension worksheet to check for understanding of the material. The teacher will respond with feedback. In addition, there will be an application worksheet given for students to complete. The teacher will respond with feedback. Each lesson, students will be given a question to take to their parents to discuss at home different economic theories, according to the topic.Assessment
Students will be given a final comprehension quiz. The teacher will respond to each submission and give feedback to ensure student success in the future.Class Experience
US Grade 9 - 12
Beginner Level
Welcome to Introducing Economics for High Schoolers: Learn at Your Own Pace! This course is designed to provide students with a comprehensive understanding of fundamental economic concepts and structures through an asynchronous format. From grasping the impact of scarcity and trade-offs to exploring market economies through the lens of Adam Smith, the father of modern economics, students will build a strong foundation. We'll delve into the dynamic relationship between producers and consumers, examining how incentives, entrepreneurship, and different business organizations shape economic landscapes. Students will also explore the intricate workings of the price system, understanding supply and demand laws, equilibrium, elasticity, and the implications of price controls. The course further explores the factors influencing income, from the market value of skills to the effects of supply and demand changes. Students will gain insight into a nation's economic goals, economic indicators, and the role of government, as well as develop knowledge about the global economy. With a focus on developing consumer skills, students will learn to make informed purchase decisions, understand contracts, and navigate the impact of advertising on consumer behavior. They will also explore financial literacy, maintaining secure financial records, and understanding consumer rights and responsibilities. What to expect: 📚 Weekly content videos will be available each Monday morning 🤔 Interactive Q&A sessions 🎥 Short videos 📝 Quizzes and homework each week Join us on this educational journey where students not only acquire economic knowledge but also develop practical skills essential for navigating the complexities of our global marketplace. Flexible Schedule: If the scheduled classes don't fit, use the auto-scheduling tool or email me on Outlook. I'm here to accommodate your needs. Important Notes: 🌍 Course content primarily based on the US financial system 💵 All examples in US dollars ❓ Questions or concerns? Reach out anytime Refund and Transfer Policies: Please review the refund policy upon enrollment. No refunds for no-shows or cancellations outside the policy dates. Emergencies? Let's find a resolution.
Learning Goals
Grasp Fundamental Economic Concepts: Understand the core principles of economics, including scarcity, opportunity cost, and trade-offs.Explore Market Economy: Analyze the market economy model through the teachings of Adam Smith, exploring concepts like the invisible hand and the role of self-interest.
Syllabus
Curriculum
Follows Teacher-Created CurriculumStandards
Aligned with State-Specific Standards8 Lessons
over 8 WeeksLesson 1:
Basic Economic Concepts
Basic economic concepts form the foundation of understanding how economies function. They include principles like scarcity, opportunity cost, supply and demand, and the role of incentives. Learning these concepts helps individuals comprehend decision-making, resource allocation, and market dynamics, fostering economic literacy and informed citizenship. 1 assignment
Lesson 2:
Adam Smith and Market Economy/ Factors of Production
Adam Smith is a seminal figure in economics, advocating for market economies. He introduced the concept of the "invisible hand," suggesting that individuals pursuing self-interest unintentionally benefit society. Smith also identified factors of production—land, labor, and capital—essential for wealth creation. His ideas laid the groundwork for understanding market dynamics and the role of entrepreneurship in economic growth. 1 assignment
Lesson 3:
Roles of Producers & Consumers
Producers create goods and services, responding to consumer demand, while consumers drive economic activity by purchasing based on their needs and preferences. This interaction shapes market dynamics in market economies, where supply and demand guide resource allocation, production, and consumption, influencing economic growth and prosperity. 1 assignment
Lesson 4:
Circular Flow of Economic Activity/ Roles of Entrepreneurs
The circular flow of economic activity depicts the exchange of goods, services, and money between households and firms. Entrepreneurs play a key role by identifying opportunities, organizing resources, and driving innovation, which fuels economic growth and prosperity. 1 assignment
Other Details
External Resources
Learners will not need to use any apps or websites beyond the standard Outschool tools.
Joined August, 2021
4.9
16reviews
Teacher expertise and credentials
2 Teaching Certificates
Virginia Teaching Certificate
Arizona Teaching Certificate
2 Degrees
Master's Degree in Education from Regent University
Bachelor's Degree from Arizona State University
Licensed Secondary Education Business and Marketing Teacher
Founder of Cheers to Financial Freedom
15 years in retail management
Bachelor of Science in Marketing (ASU)
Master of Education (Regent University)Reviews
Self-Paced Course
$14
weekly or $110 for all content8 pre-recorded lessons
8 weeks of teacher support
Choose your start date
1 year of access to the content
Completed by 9 learners
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Ages: 13-18
