ECONOMICS is the study of how societies use limited resources to satisfy unlimited demand. In this one-semester course, students will explore the relationship between suppliers, consumers, governments, and multinational organizations in an effort to better understand how money affects the daily lives of people throughout the world. The course provides students with a clear understanding of how an economy functions at the macro- and micro-levels. A thorough knowledge in these areas will further offer students the tools required to understand how all of this can and will affect their own pocket books. Instrumental to students’ understanding will be examination of these key topics: law of supply and demand, saving, borrowing and spending, the Federal Reserve System and money supply, and the role of the government in an open market economy.