Program Topics and Content

Content area covered during the four days include:

• The Economic Way of Thinking
• Economic Institutions, Economic Systems and Standards of Living
• Trade Offs and Opportunity Cost
• Demand, Supply and The Market: The Fundamentals
• Demand and Supply: Price Ceilings and Floors, Elasticity, Derived Demand
• The Public and Private Sectors
• Measuring Economic Activity and Prioritization of Economic Goals
• Inflation and Unemployment
• Fiscal Policy
• Money, Banking and the Federal Reserve System
• Market Structures and Competition
• International Trade and Exchange Rate Determination