This course is the equivalent of a college-level introductory Macroeconomics course. We examine the fundamentals of economics, starting with the concept of scarcity of resources and the problem of satisfying unlimited human wants. The course extensively uses the concepts of demand and supply, opportunity cost, and decision-making based on marginal analysis. These concepts examine the behavior and performance of the economy as a whole. Aggregate changes in the economy such as unemployment, growth rate, gross domestic product, and inflation are the focus of this course. On successful completion of this course, students will be prepared to sit the AP Macroeconomics exam.
January 23 – May 12, 2023