This course is designed to provide an overview of the ways that economics affects the lives of individuals and how individuals, through their economic choices, can shape their world. This one-semester course provides an overview of the basic principles of microeconomics and macroeconomics, including: a) economic theory; b) supply, demand and price; c) economic systems; d) business cycles; e) investments; f) the role of government, g) international trade; and h) consumer choices. Students will also apply the principles of this course to issues related to personal finance.
Terms Offered
(23-24) Semester 2
(23-24) Summer
(23-24) Trimester 3
NCAA Approved?
Approved
Course Type
Plus
Standards
Michigan High School Content Expectations
Michigan K-12 Social Studies Standards (2019)
