Economics


Economics examines the allocation of resources and their uses for satisfying human needs and wants. Key elements of the course include study of scarcity and economic reasoning, supply and demand, market structures, role of government, national income determination, the role of financial institutions, economic stabilization, and trade.

As a part of the Shepard Academy curriculum, students will place a special focus on the role of the economy within the context of local, state, and national government. They will also examine the impact of economics on an international level, particularly as it applies to world-wide poverty and social justice.

Students may choose to take this course for college credit. Upon successful completion, they will earn three credit hours in ECON 175 through the University of Southern Indiana.