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Mrs.Willbanks |
Econ SyllabusIntroduction to Economics Syllabus This college preparation course in Economics will focus on economic theories associated with our market economy. The following is a list of topics and correlating chapters that we will be studying. We will begin class each day with a reading quiz on the following chapters. The Economic Questions: Past, Present, and Future Scarcity Chapters 1, 2, 16, 17 Opportunity Cost The Economic Resources Production Possibility Curves Comparative Economics The Economics of the Market Economy: Microeconomic Supply and Demand Profit Chapters 3, 4, 5 The Law of Demand The Law of Supply Price Equilibrium Competition Perfect and Imperfect Competition Chapters 6, 7, 8, 18 Oligopolies Monopolies Competition of Labor Globalism Macroeconomics Aggregate Supply and Demand Chapters 10, 11
Circular Flow of Money and Products The Business Cycle GDP and other measures of economic growth Poverty and Income Equality Fiscal Policy Fiscal Policy Chapters 12, 15 Taxation Government Spending Macroeconomic School of Thoughts Monetary Policy Money Chapters 13, 14 Federal Reserve System Savings The Stock Market and Financial Planning |