Understanding economic principles and financial literacy is essential in real-world experiences. Students will learn about economics with a focus on the fundamental principles concerning the production, consumption, and distribution of goods and services. We will also learn about the problem of scarcity in the United States and the global comparison of scarcity. Students will analyze the interaction of supply, demand, and price. Students will investigate the concepts of specialization and international trade, economic growth, key economic measurements, and monetary and fiscal policy. Students will study the roles of the Federal Reserve System and other financial institutions, governments, and businesses in a free enterprise system. This course will also incorporate instruction in making informed decisions in career exploration, budgeting, banking, credit, insurance, spending, taxes, saving, and investing.