This course is designed to introduce students to the basic concepts of microeconomics (the analysis of choices made by households and firms) and macroeconomics (the analysis of the economy as a whole). Decisions made by households, firms, governments and financial institutions will be examined to determine how consumers use their income to buy goods and services, firms use their budgets to produce goods and services, and governments and central banks manipulate the economy to address problems occurring in economies. The emphasis of this course will be to assist students in developing knowledge and understanding of the micro and macro elements of an economy and how they function to determine market equilibria. Students will be introduced to the interpretation of economic data, analysis of economic issues and the use of relevant concepts to evaluate economic information.
- Teacher: Faith KIng