One-semester course. This course provides students an introduction into an economic way of thinking. It familiarizes students with the basic concepts of economics such as supply, demand, elasticity, scarcity, externalities, and other core concepts in microeconomics. The emphasis is on applying economic thought to a variety of areas including daily interactions, government policy, business decision-making, and analysis of news. Students will be required to complete a thoughtful weekly reading assignment, a discussion board, and a number of written questions applying the concepts of the week. Additionally, there will be two written papers due on the students topic of choice as well as two exams.
Prerequisite: U.S. History