Minimum of 6 students is
required for this class to be held.
Prerequisite:
none
Class Type:
One Semester
Class Description:
Why is our economy is in the state it is? When, why and how we’ve gone off the gold standard? Why do prices keep rising?
Whatever Happened to Penny Candy is a simple, entertaining introduction to economic theory, easy to read and understand, but not oversimplified. It explains economics along with interesting historical information. Topics covered: origin and history of money, story of our dollar, and economic behavior of the government, business cycle, inflation, recession, depression, federal debt, and foreign currency, how and why the government impacts the value of money, and the wisdom and pitfalls of investing. Economics in One Lesson is an overview of macro and microeconomics helping students understand how the world works so they can make better career, business and investment decisions. Topics include: inflation, money supply, taxes, supply & demand, fiat money, business cycles, stocks, bonds, mutual funds, Austrian free-market economics model, and Keynesian economic model, etc. Biblical principles will be investigated for endorsement of any economic theory or financial practice. Abstract concepts will come alive as we view case studies from history, movies and student’s personal experiences. Students will experience the theories discussed through age-appropriate projects. They will team up and start a business and experience decision making, supervising employees, and cooperating with partners.
Texts: What Ever Happened to Penny Candy by Richard Maybury – ISBN# 0-942617-15-0 and Economics in One Lesson by Henry Hazlitt – ISBN 0-517-54823-2
(NOTE: This
course provides a solid foundation for the PSEO Economic courses
in Macroeconomics and Microeconomics listed below)
Total Due: $185.00
per semester
Includes
course related handouts provided by the tutor. See above
for texts and materials to be provided by students.
Payment Options
$185.00 due with Registration per semester - paid in full per
semester at the time of registration.
