HIGLANDER ACADEMY COURSE CUSTOMIZATION ORDER
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COURSE SECTION: ECON FULL (CIRCLE ONE)
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BOLD ITEMS ARE UNIT TITLES
A
 Introduction to Economics
 What Is Economics?
 Scarcity and the Factors of Production
 Basic Economic Concepts
 Opportunity Cost
 Production Possibilities Curves
 Topic Test
 Economic Systems
 Answering the Three Economic Questions
 The Free Market
 Centrally Planned Economies
 Modern Economies
 Topic Test
 American Free Enterprise
 Benefits of Free Enterprise
 Promoting Growth and Stability
 Providing Public Goods
 Providing a Safety Net
 Topic Test
 Introducing Microeconomics: How Markets Work
 Demand
 What Is Demand?
 Factors Affecting Demand
 Elasticity of Demand
 Topic Test
 Supply
 Understanding Supply
 Costs of Production
 Changes in Supply
 Topic Test
 Prices
 Combining Supply and Demand
 Changes in Market Equilibrium
 The Role of Prices
 Topic Test
 Market Structures
 Perfect Competition
 Monopoly
 Monopolistic Competition and Oligopoly
 Market Failures
 Regulation and Deregulation
 Topic Test
 Business and Labor
 Business Organizations
 Sole Proprietorships
 Partnerships
 Corporations, Mergers, and Multinationals
 Other Organizations
 Topic Test
 Employment, Labor, and Wages
 The Labor Movement
 Resolving Union and Management Differences
 Labor and Wages
 Employment Trends and Issues
 Topic Test
 Money, Banking, and Finance
 Money and Banking
 Money
 The History of American Banking
 Banking Today
 Topic Test
 Financial Markets
 Savings and the Financial System
 Investment Strategies and Financial Assets
 The Stock Market
 Topic Test
 Introducing Macroeconomics: Measuring Economic
Performance
 Economic Instability
 Unemployment
 Inflation
 Poverty
 Business Cycles and Fluctuations
 Topic Test
 Economic Performance
 Measuring the Nation's Output
 GDP and Changes in the Price Level
 GDP and Population
 Economic Growth
 Topic Test
 Government and the Economy
 Sources of Government Revenue
 The Economics of Taxation
 The Federal Tax System
 State and Local Tax Systems
 Current Tax Issues
 Topic Test
 Government Spending
 The Economics of Government Spending
 Federal Government Expenditures
 State and Local Government Expenditures
 Topic Test
 Fiscal Policy
 Understanding Fiscal Policy
 Fiscal Policy Options
 Budget Deficits and the National Debt
 Topic Test
 The Federal Reserve and Monetary Policy
 The Federal Reserve System
 Federal Reserve Functions
 Monetary Policy
 Monetary Policy, Banking, and the Economy
 Topic Test
 Attaining Economic Stability
 The Cost of Economic Instability
 Macroeconomic Equilibrium
 Stabilization Policies
 Economics and Politics
 Topic Test
 The Global Economy
 Comparative Economic Systems
 The Spectrum of Economic Systems
 The Rise and Fall of Communism
 The Transition to Capitalism
 The Various Faces of Capitalism
 Topic Test
 International Trade
 Why Nations Trade
 Trade Barriers and Agreements
 Measuring Trade
 Topic Test
 Economic Development and Transition
 Levels of Development
 Issues in Development
 Financing Development
 Transitions to Free Enterprise
 Topic Test
 Global Economic Challenges
 The Global Demand for Resources
 Economic Incentives and Resources
 Applying the Economic Way of Thinking
 Topic Test
 Cumulative Exam