Designed for educators, substitutes, parents, and volunteers that want to learn more how the resources are allocated by individuals who are responsible and accountable for their own actions and interactions. The market system focus on the allocation of scarce resources in a free society comprised of responsible citizens who respect and protect the individual right to life, liberty, and pursuit of happiness as long as doing so does not harm others or their property. Teaching core economic elements will assist students in life and help them understand current economic events. This assistance and understanding will help today’s young people make strategic decisions as members of households, strategic consumers, future business owners, employers, and employees.
Appropriate for upper middle school and high school level. This course is the first in two part-series on economics for educators.