ECONOMICS 12
COURSE CODE: MEC – – 12

Economics 12 introduces students to the basic principles of economics. In this course students study the economic factors affecting domestic markets and analyze the decision-making processes of individual consumers, businesses, and governments. The course covers both Microeconomics and Macroeconomics curriculum as presented in first-year post-secondary courses (scarcity, incentives, supply/demand, profit-maximization, trade, government policies, etc.). It is recommended for students considering post-secondary study in Economics, Commerce, Business Administration, Business Management or Political Science, as it introduces students to the curriculum taught in greater detail within these faculties.