Principles of Economics & Finance - Semester Class

In this class, there will be class discussions, short videos, and verbal quizzes. The student will be assigned a project to track a Fortune 500 or S&P Publicly Traded Company. The focus will be learning and understanding the content and applying the knowledge. 

Week #1 
Macroeconomics 
Microeconomics
Supply/Demand - Shortage vs. Surplus
Business Cycle 
Employment vs. Unemployment 
Product Life Cycle 

Week#2 
The Global Economy
Foreign Currency & Exchange Rates
Trade Exchange and Interdependence 
Mass Production, Economies of Scale 
Gross Domestic Product (GDP)
Industrial Revolution 

Week#3 
Capitalism vs. Socialism 
Opportunity Cost 
Types of Wealth
Income Distribution 
The Wealth Gap
Corporate Social responsibility 

Week#4 
Business Plan vs. Strategic Plan 
Entrepreneurship 
Division of Labor & Specialization 
Assets, Liabilities, Networth

Week#5
What is the FDIC? 
What is the SEC? Federal Reserve Bank 
Government and Business
The Great Depression and The Great Recession
The Stock Market Crash: 
Spending, Credit Card, and Understanding Credit 


Week#6
Budgeting and Money Management - Create A Budget
Investing Protecting and Insuring 
Simple Interest vs. Compound Interest 
What is an amortization schedule? 
Savings Rates, Inflation 

Week#7
Decision Making and Cost Benefit Analysis 
Competition and Market Structures 
Business Structure: Corporations, LLC, Partnerships 
Review Publicly Traded Company: Board of Directors, Stocks, Earnings Calls, Quarterly Reports  

Week#8
Fiscal and Monetary Policies: Budget Deficit & Public Debt 
Understanding Taxes: Income Taxes, Sales Taxes, Corporate Taxes
What is tax liability and how can you reduce it?