Introduction to Economics

Instructor: Steve Killian killians@thewalkerschool.org

Course Description:

Students are introduced to fundamental economic concepts such as scarcity, opportunity cost, comparative advantage, the price system in addition to demand and supply. Fundamental Microeconomic and Macroeconomic priciples provide the foundation for a thorough understanding of a college level economics course. Generally taken the senior year, this course may be taken earlier with departmental permission.

 

Book List:
Essentials of Economics, 4th Edition. Gregor Mankiw

 

Important Links:

Syllabus (Assignment Schedule)

Student Survival Guide (Course expectations)

Class Lectures

 
 


Useful Links (General):

Textbook Student Guide for Essentials of Economics, 4th Edition

Stock market tracker

Yahoo Financial News

Census Bureau Poverty Statisitics

Stock Market Game Online

Domestic
The Hill
Newsweek MSNBC Online
Fox News Network
CNN
The Washington Post

The Washington Times

The New York Times

The Atlantic Monthly

National Public Radio

Christian Science Monitor

Foreign

Voice of America (US government)

Reuters News Service (German)

Der Spiegel (German)

La Monde (France)

The Economist (UK)

BBC Online (UK)

The Guardian (UK)

Turkish Weekly (Turkey)

Pravda (Russia)

Arab News (Saudi Arabia)

The Times (India)

Asahi Shimbun (Japan)

Asia Times (Hong Kong)


Useful Links (Specialized):

The CIA World Fact Book

 

Political Satire:

The Capitol Steps

Generic political jokes

Bushisms

John Kerry Jokes

PG-rated Bill Clinton Jokes

Generic political jokes

 

National Debt Clock :

The following is a running total of the US national debt based on an algorithm provided by zFActs.com.

 

National Debt Clock
 

 

Divide the total you see by the population of the country (300 million) to determine your share of the national debt. This is how much more money the government must now take from you in taxes or deny to you in benefits (in the form of national defense, student grants and loans, highway construction, law enforcement, etc.)

Since the 1960s, the national debt has gone up in every administration, Repbublican and Democrat. It has gone up when Democrats have controlled Congress and when Republicans have. No party is solely responsible. The voters who have chosen the politicians are. Who do you blame if you have never voted? Have you ever seen the bumper sticker on the expensive car, "I am spending my children's inheritance!" It is more true than you thought.

 

The Walker School, 700 Cobb Parkway N., Marietta, GA 30062
Telephone: (770) 427-2689  •  FAX: (770) 514-8122