Standard Economics

Economics is a semester course required for graduation. This course will cover the basic principles of economics in today's world.  An understanding of basic economic concepts such as scarcity, competition, opportunity cost, supply and demand, taxation, and economic growth will provide you with a framework for understanding the economic issues that have an immediate impact on your daily lives. It is essential for you to gain an in-depth understanding of the function of the American economy as a free enterprise system as well as the operation of the independent world economy.