Objectives: Students will:
- Recognize that society has scarce resources to allocate among its members
- Recognize tradeoffs that result from government decision making
- Identify and understand key economic indicators
- Understand the economic effects of various monetary and fiscal policies
- Make informed decisions regarding the consequences of inflation and unemployment
- Interpret media reports about current economic conditions and explain how these conditions can influence decisions made by consumers, producers and government policy makers
- Describe the economic effects of changing levels of government spending, interest rates, taxes and/or the discount rate
- Demonstrate an understanding of unit concepts
Homework: See Master Schedule for more details on homework
Absent? work on the project
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