HVA Schools PLP Economics *

The High School Economics course, designed for a semester, encompasses five units, blending foundational concepts. Unit 1 introduces economics, focusing on supply and demand principles. Microeconomics is the focus of Unit 2, discussing market types, business organizations, production costs, profit maximization, labor markets, income distribution, government regulation, market failures, and public and common goods. Unit 3 shifts to macroeconomics, exploring GDP, business cycles, unemployment, inflation, fiscal and monetary policies, the Federal Reserve, international trade, and exchange rates. Personal Finance Economics in Unit 4 teaches budgeting, saving, investing, credit, loans, taxes, insurance, retirement planning, risk management, financial markets, and economic indicators. Finally, Unit 5 delves into special topics like behavioral economics, environmental economics, and the economics of education.