The Social Studies Department offers three different courses in economics.
ECONOMICS
Classification: Regular (400RG)
Prerequisite: None
Open to: 11, 12
Credit: 1 RW
This course for college-bound students concentrates on the overall view
of America’s economic operation. Special emphasis will be placed on the basic theories that are the backbone of the American economic system. Emphasis will be placed on the comparison of the capitalistic economic system to those of other nations. Attention will be given to the role of the individual as he is involved in the total process. The forces of supply and demand will be studied as they originate in the specific behavior of buyers and sellers. Investment, employment, and consumption will be related to individual decisions to expand or curtail production, to hire or fire workers, or to buy a commodity. Emphasis will be on the behavior patterns of individuals and firms. The role of the individual in other economic systems and international trade and its implications will also be studied. The course will be a combination of lecture, research, group work, and independent study. This course satisfies the senior social studies elective required for the Academic Honors Diploma.
MICROECONOMICS, Advanced Placement
Classification: Advanced Placement (400MICW)
Prerequisite: None
Open to: 11, 12
Credit: 1 FW
This college-level course gives students a thorough understanding of
economics that apply to the functions of individual decision makers
within the larger economy. While it is not required that students take
the AP Microeconomics exam at the approximate cost of $80.00, it is
expected—the focus of the class is to adequately prepare students toward this end. This course satisfies the senior social studies requirement for the Academic Honors Diploma.
MACROECONOMICS, Advanced Placement
Classification: Advanced Placement (400MACW)
Prerequisite: None
Open to: 11, 12
Credit: 1 FW
This college-level course gives students a thorough understanding of
the principles of economics that apply to an economic system as a
whole. Such a course places particular emphasis on the study of
national income and price determination, and also develops students’ familiarity with economic performance measures, economic growth, and international economics. While it is not required that students take the AP Macroeconomics exam, it is expected—the focus of the class is to adequately prepare students toward this end. An (approximate) $80.00 fee covers both the AP exams in economics. This course satisfies the state graduation requirement in economics, Core 40, and Academic Honors diploma.