This course introduces students to the basic principles of economics. Students study the economic factors affecting domestic markets and analyze the market behavior of individual consumers and firms in an attempt to understand the decision-making process. This course introduces students to Microeconomics curriculum as presented in first-year post-secondary courses (scarcity, incentives, supply/demand, trade, government policies, etc.) It is concerned with the interaction between individual buyers and sellers and the factors that influence the choices made by buyers and sellers. The course is designed to teach students to apply economic models, concepts and theories to analyze human behavior and to understand how individuals make decisions. It is recommended for students considering post-secondary study in Economics, Commerce, Business Administration, Business Management or Political Science. (Open to grades 11 & 12)