Principles and Precepts of Economics Full Course Kit

Principles and Precepts of Economics Full Course Kit

# 067071

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Item #: 067071
ISBN: 9781594764790
Grades: 9-12

Product Description:

Concluding with the profound observation, America is a great nation and people are needed to practice, protect and promote economic liberty, this course introduces students to the history of economic thought, and modern economic issues currently facing America, before family economics, entrepreneurship and power of education are explored.

One semester in length, the full course kit contains 3 Texts, 3 Activity books and the Teacher's Resource Kit (TRK), along with the TRK digital download. Designed for independent study, each text, called a chapter, cover fifteen topics. Each text contains the lesson reading, bold vocabulary words with definitions in a vocabulary "box" on the page, life principle quotes and video clips via a QRC codes. Corresponding activity books provide questions for each topic. Questions are fill in the blank and matching, with lines to write the life principle.

The Teacher's Resource Kit includes black line masters for section quizzes (9), chapter tests (3), quiz and chapter test answer keys, activity answer keys, and the table of contents. Black line masters are reproducible for classroom use.

Chapter 1 introduces students to economics as the engine by which capitalism, free enterprise, private property and the relationship between employees, employers, and entrepreneurs create jobs. Additionally, this chapter also explores government regulation, supply and demand, and economic factors such as taking risks, investments and profit and loss. The evolution of economic precepts and principles, from ancient Greece, Rome, Europe and the Dark Ages are explored. Historical persons that shaped modern economic theory are presented including Moses, Thomas Jefferson, Benjamin Franklin, Karl Marx, Joseph Stalin, William Penn, Winston Churchill, Margret Thatcher, and Ronald Reagan. This chapter also delves into the Industrial Revolution, World Wars I and II, and the Cold War, and their impact on economics. Worth mentioning, the impact of an economy based on Biblical principles is discussed for its historical value and includes a look at Marxism and Darwinian theory. Chapter 2 further explores the history of the Judeo-Christian and European influences that were foundational to the capitalism in the United States. The authors compare the historical teachings of Catholic and Ana-Baptist beliefs and provide a brief overview of the Protestant reformation and the influences of the Church on economic philosophy. This is done neutrally with no scripture verse support or proselytizing noted. An in-depth look is given to the economic significance of the US Constitution, Mayflower Compact and the Bill of Rights. Students will briefly examine the impact of the industry, railroads, progressive education, unions, the New Deal, welfare, immigration, private organizations and "trickle-down economics." Chapter 3 reviews contemporary economic issues including banking, creditors, credit cards, checking accounts, debt, impulse buying, mortgages, dividends, stock market, collateral, loans, bankruptcies, insurance, real estate, gross and net income, inflation, IRAs and 401Ks, tax audits, and much more. Students are also introduced to the pros and cons of starting and operating a small business, along with post high school options: college, trade school, and military.

A captivating look at the foundations of economic philosophy that will appeal to students-especially those without a desire to study the math and deeper theories of economic thought. All texts and activity books are softcover. ~Deanne

Publisher Description:

This course is designed for senior-level students and earns 0.5 (1/2) transcript credit. Three soft-cover texts (chapters) require three companion student activities, and a teacher's resource kit (TRK). Students gain insight about the history and concept of economics, especially regarding free enterprise: private property, entrepreneurism, risk, debt, profit, government regulations, and causes and effects of depressions, inflation, and investment losses and gains. In the process, students get acquainted with implications of Islam, dictatorships, and progressive communism and socialism.

Category Description for Principles & Precepts Economics:

1-semester course. The Full Course Kit has 3 texts, 3 activities books, and a Teacher’s Resource book with answers to the activity questions, tests, and test answers. Key topics include free enterprise, private property, risk, debt, profit, government regulation, inflation, depressions, as well as investment losses and gains.

Primary Subject
Grade Start
Grade End
Brand Name
Paradigm Accelerated Curriculum
3.1 (lbs.)
11.75" x 9.12" x 2.5"
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Why did you choose this?
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good material and course can be student driven.
Jolie M on Dec 7, 2022
A complete course
Trisha C on Aug 17, 2022
good material and course can be student driven.
Jolie M on Dec 7, 2022
I like the other Principles and Precepts curricula
Roxanna W on Aug 23, 2022
A complete course
Trisha C on Aug 17, 2022
I need the credit to complete high school.
CORRINA M on Aug 1, 2022
Looks like a great course to get a fundamental understanding of economics.
Gabrielle R on Aug 5, 2021
HS senior needs economics
Jennifer F on Apr 21, 2021
We have been using PAC in our home schooling for years now and we find it to be a very good curriculum for our students.
Stacey T on Feb 16, 2021
I wanted something to fulfill my son's Economics requirement that would be easy to use.
Carolyn T on Aug 12, 2020
The content looks solid, and easy to use for both student and teacher. That is always a plus!
Lauri P on May 29, 2020
looked like what I was looking for
Tracy M on Jan 21, 2020
Season P on Jan 7, 2019
We enjoy this publisher's style of communicating to the student. We have used the World History and Combined Chemisty and Physics courses in the past and really enjoyed it.
Lydia J on Aug 23, 2018
Students will be learning about economics next year.
Linda T on Jun 6, 2018
individualized learning pace
Danielle B on Nov 8, 2017
This course covers every aspect of economics, and I liked that thorough subject matter.
Kaari B on Sep 15, 2017
I like the other Principles and Precepts curricula
Roxanna W on Aug 23, 2022
I need the credit to complete high school.
CORRINA M on Aug 1, 2022
How much math is included in here? Can it count as a business math credit?
A shopper on Sep 16, 2019
BEST ANSWER: Economics is concerned with the production, consumption, and transfer of wealth - or at least the study of those things. Consumer Math is much more oriented toward personal and business finance. Although there is some overlap and certainly the one impacts the other, they are not really synonymous credits. Economics comes under the heading of "social studies" while Consumer Math is considered a math.
4.8 / 5.0
4 Reviews
5 Stars
4 Stars
3 Stars
2 Stars
1 Star
Rated 5 out of 5
Good Course
Very good course. Will be using it for the next high schooler. Easy to understand and not overly time consuming.
September 23, 2022
3 months ago
Rated 4 out of 5
A relaxed and easy to use curriculum
My daughter gave it a 4 out of 5 stars. The Economics course is easy to use and easy to understand. However, it is a little dry. It is a relaxed self-guided course. You can go at your own pace. It requires little to no parent/teacher involvement. Overall, she liked the Economics course but found some of the content a little dry. With a rating of 4 out 5, I consider it a win.
February 18, 2022
11 months ago
Rated 5 out of 5
A Winner
This pick turned out to be a winner. My 9th grade son really enjoyed it both for content and independence.
May 8, 2019
Rated 5 out of 5
Great easy to use Economics course.
My daughter has really enjoyed this economics course. I like that it was basically open and go so she could easily work independently.
February 9, 2019
over 3 years ago

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