Subject: Social Studies

Honors Economics

Course Type: Honors High School

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Credits: 0.5

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Course Description

Presenting timely and engaging content, Economics provides students with an understanding of the principles of economics. As they become familiar with how markets work, students interact with lessons to apply the key microeconomic concepts of supply and demand as well as the role of prices. This course encourages students to apply the economic way of thinking to a variety of situations relevant to their everyday lives.

Textbook: Economics - © Excel Education Systems, Inc. - 2021

Course Objectives

Compare and contrast economic systems, and describe how government, the factors of production, and the principles of private ownership of property influence these systems.

Understand how basic economic principles, including opportunity cost, specialization, and comparative advantage, affect markets and the production of goods and services.

Analyze the relationship between supply and demand and the roles of consumers and producers in influencing markets and trends.

Identify the relationship between prices and the profit incentive.

Define deregulation and list its effect on several industries.

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Course Contents

Module TitleModule Topic(s)
Module 0: Personal Economics
Module 1: An Introduction to Economics
Module 2: Economics Concepts
Module 3: The Relationship Between Economics and Labor
Module 4: Economic Systems and Profits
Module 5: Markets and Business Types
Module 6: Economics and the U.S. Government

Recommended Prerequisites

Carnegie Credits Explained: Our Approach vs. Trimester Credits

Carnegie Credit System
Excel High School follows the Carnegie Credit system, a widely recognized method of measuring student progress based on instructional hours. A single Carnegie credit reflects approximately 120 hours of coursework, typically completed over a full academic year.

Carnegie Credit vs. Trimester Credit
While Carnegie credits are awarded based on total hours over a year, trimester credits divide the school year into three terms. In a trimester system, students complete courses in shorter, intensive sessions, often earning partial credits (e.g., 0.33 or 0.5 per term). In contrast, Excel’s use of Carnegie credits ensures students have ample time to engage deeply with the material and develop a well-rounded understanding at a consistent pace.

Accreditation You Can Trust

Recognized & Respected Nationwide

At Excel High School, we are proud to be regionally accredited by Cognia, along with additional accreditations from NCA, SACS, NWAC, and the Middle States Association. Our programs meet the same rigorous standards as public schools, giving you the confidence of earning a well-respected diploma.

Global Recognition for Our Accredited Diplomas

Excel High School’s regionally accredited diploma is accepted by colleges and universities around the world. With our recognized accreditation, you can confidently pursue higher education wherever your journey takes you.

Accreditation You Can Trust

Recognized & Respected Nationwide

At Excel High School, we are proud to be regionally accredited by Cognia, along with additional accreditations from NCA, SACS, NWAC, and the Middle States Association. Our programs meet the same rigorous standards as public schools, giving you the confidence of earning a well-respected diploma.

Global Recognition for Our Accredited Diplomas

Excel High School’s regionally accredited diploma is accepted by colleges and universities around the world. With our recognized accreditation, you can confidently pursue higher education wherever your journey takes you.