Understanding the principles taught in this course will enable you to interpret the financial pages, perceive the consequences of debt and have a basic knowledge of the workings of the U.S. Economy. We highlight the components of basic economic macro and micro principles and outline micro-economic principles associated with individual businesses and households including trade-offs and scarcity. The macroeconomics concepts we’ll explore delve into the Federal Reserve System and issues associated with inflation, unemployment and a worldwide economy. *This class is taught in both Business and Social Studies and meets the grad requirement.