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Economics Lessons

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Government

Unit One:  Philosophy of Government  (Natural Rights Philosophy, Hobbes, Locke, Rousseau)

Unit Two:  Practical Foundations of Government (democracy, representation, civic virtue, constitutional government)

Unit Three:  Historical Foundations of Government (colonial government, federalism, Philadelphia Convention)

Unit Four:  Politics (political parties, ideologies, elections, media influence)

Unit Five:  Legislative Branch, Congressional Powers, & How a Bill Becomes a Law

Unit Six:  The President and the Bureaucracy

Unit Seven:  The Supreme Court and The Bill of Rights  

Economics

Unit One:  Fundamentals of Economics (scarcity and abundance, resources, production, wealth, trade-offs)

Unit Two: Comparative Economics (basic economic questions, decision-making models, capitalism and socialism, the free enterprise economy) and History of Economics

Unit Three:  Microeconomics

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    Circular flow of the economy

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    Business organizations, corporations

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    Stock market

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    Supply and demand, the consumer

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    Marginal Analysis

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    Market structures, competition, monopoly, production theory

Unit Four:  Macroeconomics  
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    Money, banking and the Federal Reserve 

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    Inflation and Unemployment

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    Taxes and government spending

Unit Five:  Practical Economics -- the Real World
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    Protecting yourself from inflation and taxes

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    Being a wise consumer

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    Making yourself marketable

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2001 David Beck