Credit: 0.5|  Prerequisite: World Geography, World History, and U.S. History

This one semester course is an introduction to the essential concepts, principles, values, and methods of economic analysis and their application to the contemporary world. Students gain a greater understanding of economics ranging from the viewpoint of the individual consumer or small business owner to the global economy. Various types of economic systems, decisions, indicators, and cycles are explained as well as personal economic decision-making concepts like credit and interest rates. Financial and governmental institutions’ workings are detailed as well as how history and politics relate to the study of economics.