In this course on economic principles, students explore choices they face as producers, consumers, investors, and taxpayers. Students apply what they learn to real-world simulation problems. Topics of study include markets from historic and contemporary perspectives; supply and demand; theories of early economic philosophers such as Adam Smith and David Ricardo; theories of value; money (what it is, how it evolved, the role of banks, investment houses, and the Federal Reserve); Keynesian economics; how capitalism functions, focusing on productivity, wages, investment, and growth; issues of capitalism such as unemployment, inflation, and the national debt; and a survey of markets in such areas as China, Europe, and the Middle East.
Washakie County School District No. 1 makes every effort to ensure accessibility and usability of course content for all students.
Student participation in this course is documented by the following:
- Student active time in course logged by the learning management system.
- Coursework submissions recorded by the learning management system.
- Discussion Boards, Sign-in Sheets
- Academic-based communication between the student and virtual education teacher or learning coach and virtual education teacher.
- The virtual education teacher verifies participation in the course 1-3 times a week.
- Students are assigned a designated Learning Coach/Mentor who will monitor participate and progress for this course.