Economics with Mrs. Rugh

Overarching Course Essential Questions:

1. What is scarcity & how does it motivate the actions of individuals & societies?

2. How does irrational thinking affect the motives of consumers and producers?

3. Why is the study of supply & demand so important in both micro & macro economics?

4. How do both self interest and selfishness affect economies?

5. In what ways have the founding fathers shaped the current U.S. economy?

6. What role do both consumers and producers play in American business?

7. Should the American government provide more or less regulation in the economy?

8. Why are financial, credit, housing, & labor so interconnected? 

9. How has the role of consumer credit affected the American economic system?

10. What are the most pressing, current economic issues facing the United States?