Rationale: Economic education is an essential part of the curriculum if future generations are expected to wisely manage the economic resources of the world.  The chief goal is for students to realize that past economic decisions have influenced their lives and the economic decisions of their generation will effect generations to come.

Objectives: Students will
1. understand the fundamental economic, macroeconomic, and microeconomic concepts.
2. differentiate between economic needs and economic wants both as individuals and as a society
3. realize that all economic decisions have consequences: as an individual, a region, a state, a nation, and as a global society
4. describe the differences in economic systems found around the world
5. understand that economic decision making is not an exact science
6. learn reasoned approaches to economic decision making
7. summarize the role of government in the American economic system
8. be equipped with practical skills to function wisely in the American economic system
9. realize that as Christians, they are but temporary stewards of scarce resources and it is their duty to use all resources in a God-pleasing manner

Evaluation: Students will demonstrate proficiency of the above objectives in a variety of ways.
1. written performance to include short answers, multiple choice and essay examinations; research paper
2. oral performance to include class discussion, informal debate and panel discussion
3. participatory activities to include but not limited to economic decision making simulations, a U.S. stock market simulation, experience in work world activities, job shadowing