Economics

Purpose and process

Economics reinforces concepts of micro- and macro-economics by having students explore the basic characteristics of an economic system and how economic principles influence business decisions.

The program also introduces students to career opportunities and consumer issues, and it helps reinforce important academic and leadership skills, including research and data analysis, problem solving and critical thinking.

Economics is a one-semester through two-semester course and is recommended for students aged 17-18. Instructional materials include textbooks and study guides. Company Programme and Titan are supplementary programs to Economics.

Learning outcomes

Concepts: Advantage, Demand, Economic systems, Exchange rates, Fiscal policy, Gross domestic product, Government, Income distribution, Inflation, Investment, Labor, Markets, Opportunity costs, Productivity, Scarcity, Supply, Trade.

Skills: Applying information, Classifying, Critical thinking, Decision making, Giving reports, Graphing, Interpreting data, Math computation, Reading, Research, Taking notes, Writing.

Curricular or thematic relevance

Standalone subject or could be linked to any entrepreneurship-related curriculum subject. Strongest impact in entrepreneurship, financial literacy, and skills for employability areas.

How to organise:

The sessions could take place in timetabled lessons as they are delivered by teachers and/or classroom volunters; alternatively, they could be delivered as an extra-curricular activity or as part of a club activity.

Assessment and evaluation approaches

Fully integrated within the sessions.

Volunteer involvement

Volunteers and entrepreneurs can help by providing real-life examples from the business world.

Additional comments

Additional details in English language can be found online HERE.

Provider country

Contact your national JA-YE organisation.

Provider Institution: