Department/Grade:   Business Education    Course: Economics    Revision Date:  April, 2008                                      

Required/Elective:     Elective   Course Length: One Semester     Prerequisite: None

Course Description: This course will provide students with an understanding of how economics plays a part in their everyday lives; will help develop an understanding of the principles that underlie the U.S. Free Enterprise System; will help explain the operations of the U.S. economic system; and will develop an appreciation of the benefits of living in a nation that enjoys a free enterprise system. 

COURSE OBJECTIVES	CONTENT/TIMELINE OUTLINE
Students will understand the study of Economics.	The Basic Problem in Economics Trade-Offs What Economists Do
Students will understand Economic Systems and the American Economy.	Economic Systems Characteristics of the American Economy The Goals of the Nation
Students will understand their Role as a Consumer.	Consumption, Income, and Decision Making Buying Principles, or Strategies Consumerism
Students will understand the theory of Going Into Debt.	Americans and Credit Sources of Loans and Credit Applying for Credit Government Regulation of Credit
Students will understand the importance of buying the necessities:  Food and Clothing.	Shopping for Food Clothing Choices
Students will understand the importance of buying the necessities:  Housing and Transportation.	Housing Needs and Wants To Rent or to Buy Buying and Operating an Automobile
Students will apply the practical Economic skills learned and how they work.	Cary Cash Simulation
RESOURCE MATERIALS	ASSESSMENT
Economics Today and Tomorrow Glencoe/McGraw-Hill	Section Quizzes Chapter Review     Chapter Tests Activities Simulation and Final Evaluation