Financial Literacy Fundamentals

Financial Literacy Fundamentals students will explore their choices as producers, consumers, investors, and taxpayers. In addition, they will learn financial literacy skills emphasizing investments, markets, and taxation.

Students will apply what they learn to real world simulation problems. Topics of study include markets from historical and contemporary perspectives, supply and demand, budgeting, understanding creditworthiness and credit reports, saving options, debt reduction, theories of early economic philosophers such as Adam Smith and David Ricardo, theories of value, money (what it is, how it evolved, and the role of banks, investment houses, and the Federal Reserve), Keynesian economics, how capitalism functions, focusing on productivity, wages, investment, and growth, issues of capitalism, such as unemployment, inflation, and the national debt, profiles of individuals who are making their mark in business and economics, and a survey of markets in such areas as China, Europe, and the Middle East.