The Economics course analyzes and evaluates how people in the United States have addressed issues involved with the distribution of resources and sustainability in the past and present. The course provides an understanding that nations have competing philosophies about how best to produce, distribute, and consume goods, services, and resources.
Students will analyze how comparative advantage has affected United States imports and exports in the past and present. Students will evaluate the role of the U.S. government in regulating a market economy in the past and present. Students will further analyze the incentives for people’s economic choices in the United States in the past and present.