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Robert Stossel » Economics

Economics

ECONOMICS AND CONTEMPORARY ISSUES  12
Credit Value 1.00
Students will learn basic principles of economic decision making from the perspective of the individual, firm, and industry.  Particular attention is given to the market system how prices and profits coordinate the actions of economic decision makers. Topics include:  supply and demand, consumer economics, entrepreneurship, costs and production, market structure, market failure regulation, and income distribution.  Macroeconomics is also examined through the study of money, banking, financial markets and the foreign exchange market. This course will also explore the contemporary concerns in the social studies content areas including current events and issues in the fields of politics, geography, economics, religion, popular culture, technology, and other domestic and world affairs that impact the life of the student in the immediate future.