Economic issues have taken center stage in our political debates, and books like Freakonomics apply economic perspectives to all aspects of human behavior. This course will familiarize students with economic principles ranging from the behavior of national markets to individual cost-benefit decisions. After an introduction to basic economic principles (such as supply-and-demand and the multiplier), the course moves to macroeconomic ideas like inflation, unemployment, capital markets, taxes, and currency movements. The course then moves beyond a basic macroeconomics curriculum to explore questions including the role of Bitcoin, behavioral economics, recent structural changes in our economy, and international and developmental economics. Unlike Macroeconomics courses in college, no specialized mathematics skills (or even calculators) are required.
Prerequisite: Completion of U.S. History or AP U.S. History