Red Comet Red Comet
Inc 5000


Recommended Grade Level: 12

Course Credits: 0.5

Course Price: $285.00

Course Details:

The Economics course introduces the student to key concepts in economics. Students learn about the different types of economies – and their benefits, Cost and Price, the different factors affecting the economic choices that people make, factors of production, laws of supply & demand, economic indicators and, consumers, producers & competition. The course introduces the student to the FED, factors influencing the markets, labor unions, tariffs, subsidies – and how the consumers pay for government interference. The effects of globalization and its effect on US trade policies are studied in-depth. The course teaches students the fundamentals of personal money management – how to create budgets, how to analyze expenditures, how to invest wisely – and the vehicles of investment, importance of being adequately insured, and the difference between credit and smart debt etc. Students are also taught the basics of career planning, and how to get that first job and succeed at it. This comprehensive course is invaluable in teaching students the fundamentals of one of the most important subjects they can learn at school.

Note: This course is not designed for ELL (English Language Learners) students. ELL students may enroll in this course ONLY if they have adequate mentor support at their home school and are able to fulfill all course requirements.



Section 1: Fundamentals of Economics

  • Introduction to Economics
  • Different Types of Economies
  • Market Economy
  • Cost and Benefit
  • Incentives
  • Economic Choices
  • Factors Affecting Economy
  • Micro and Macroeconomics
  • Standard of Living

Section 2: Key Concepts in Economics

  • Factors of Production
  • Resources
  • Laws of Supply and Demand
  • Consumers and Competition
  • Price and Profits
  • Price Controls
  • Types of Organizations
  • Property Rights

Section 3: Indicators & Institutions

  • Leading Economic Indicators
  • Lagging Economic Indicators
  • Understanding Markets
  • The FED
  • Government Interference
  • Tariffs and Subsidies
  • The U.S. Government and Economy
  • The Labor Market and Unions

Section 4: Global Economy

  • Globalization
  • Global Competition
  • Economies Around the Globe
  • International Trade and US Economy

Section 5: Personal Finance

  • Introduction to Financial Planning
  • Analyzing Income and Expenditures
  • Banking
  • Invest Wisely
  • Credit and Debt
  • Risk and Insurance
  • Career and Work

Accreditation & Approvals

Cognia Advanced
International Association for K-12 Online Learning
National col-2dot4legiate Athletic Association
Northwest Accreditation Commission Board
Washington OSPI
University of California
Department of Education - Idaho
Arkansas Department of Education
minority women