ECONOMICS (ECO-A)

COURSE OVERVIEW

A one-semester introduction to economic history, theory, and practice.  This course introduces students to microeconomics (how the choices made by individuals, households, and businesses affect an economy) and macroeconomics ("big picture" economic phenomena such as inflation, price levels, rate of growth, national income, gross domestic product, changes in unemployment, production, supply and demand, competition, and the like).  Students will learn functional math skills through real-life applications such as planning nutrition, arranging for transportation, maintaining bank accounts, developing personal budgets, understanding job benefits, and more.  Discussed throughout the semester are economic ideologies such as distributism and subsidiarity that lean heavily upon the principles of Catholic social teaching, especially the teachings of Pope Leo XIII in his encyclical Rerum novarum and Pope Pius XI in Quadragesimo anno.
 
RESOURCES ALL STUDENTS NEED:
  • Survival Math Skills by Fred Pyrczak
  • Whatever Happened to Penny Candy? by Richard J. Maybury
  • Quizzes, articles, and encyclicals on the STAA Student Zone such as Centesimus Annus by Pope John Paul II, Quadragesimo Anno by Pope Pius XI, and Rerum Novarum by Pope Leo XIII.
 
JUNIORS AND SENIORS ALSO NEED:
  • Economics: Work and Prosperity in Christian Perspective (student reader) by Russell Kirk
 
JUNIORS AND SENIORS WILL ALSO NEED TO PURCHASE OR BORROW FROM THE LIBRARY ONE OR MORE OF THE FOLLOWING TITLES:
  • Basic Economics by Thomas Sowell
  • Small Is Beautiful: Economics as if People Mattered by E. F. Schumacher
  • Economics in One Lesson: The Shortest and Surest Way to Understand Basic Economics by Henry Hazlitt
  • Toward a Truly Free Market: A Distributist Perspective on the Role of Government, Taxes, Health Care, Deficits, and More by John C. Medaille
 
LESSON PLANS  
  • An overview of this course is provided in the Academic Packet.  
  • The weekly study plan for this course is included in STAA Study Guide: Roman Studies II, A Track.  The study plan is also available for purchase as a single-subject course plan booklet: www.staahomeschool.com/guides.  
  • The STAA Study Guide for this course may be viewed online on the STAA Student Zone: www.staahomeschool.com/studentzone.  
  • This course is also offered as a live, online class in the Spring Semester: www.staahomeschool.com/live.

 

BOOKS AND MATERIALS

A portion of every purchase made on Amazon after following the links here goes to help support St. Thomas Aquinas Academy's work. Thank you so very much for thinking of STAA when placing your book and general Amazon orders!

A TRACK AND B TRACK

Survival Math Skills

  • Author: Fred Pyrczak
  • Publisher/Copyright: : Walch Education, 1998. Print.
  • ISBN: 0825138191        978-0825138195
  • Supplier: Rainbow Resource

104 pages; 8 sections with a test per section; 46 lessons.

Whatever Happened to Penny Candy? 6th or 7th Edition

  • Author: Richard J. Maybury
  • Publisher/Copyright: : Bluestocking Press, 2010. Print.
  • ISBN: 0942617622        978-0942617641
  • Supplier: Rainbow Resource


A TRACK

Economics: Work and Prosperity in Christian Perspective

  • Author: Russell Kirk
  • Publisher/Copyright: Pensacola, FL: A Beka Book, 2012, 1999, 1989. .
  • ISBN:        n/a
  • Supplier: Rainbow Resource

292 pages; 14 lessons; glossary, index, and index of Scripture references. Any edition will do. Only the student textbook is necessary.
A TRACK / OPTIONAL RESOURCE

How the Catholic Church Built Western Civilization

  • Author: Thomas E. Woods Jr
  • Publisher/Copyright: Washington, DC: Regnery Publishing, Inc., 2005. Print.
  • ISBN: 0895260387        978-0895260383
  • Supplier: Retail or Amazon.com

280 pages.
A TRACK / OPTIONAL RESOURCE

Toward a Truly Free Market: A Distributist Perspective on the Role of Government, Taxes, Health Care, Deficits, and More

  • Author: John C. Medaille
  • Publisher/Copyright: Wilmington, DE: Intercollegiate Studies Institute, 2011. Print.
  • ISBN: 161017027X        978-1610170277
  • Supplier: Library

282 pages
A TRACK / OPTIONAL RESOURCE

Basic Economics

  • Author: Thomas Sowell
  • Publisher/Copyright:
  • ISBN: 0465060730        978-0465060733
  • Supplier: Retail or Amazon.com

A TRACK / OPTIONAL RESOURCE

Small Is Beautiful: Economics as if People Mattered

  • Author: E. F. Schumacher
  • Publisher/Copyright: : Harper Perennial, . .
  • ISBN: 0061997765        978-0061997761
  • Supplier: Library

Paperback: 352 pages; Reprint edition (October 19, 2010)
A TRACK / OPTIONAL RESOURCE

Economics in One Lesson: The Shortest and Surest Way to Understand Basic Economics

  • Author: Henry Hazlitt
  • Publisher/Copyright: New York: Three Rivers Press, 1998. Print.
  • ISBN: 0517548232        978-0517548233
  • Supplier: Library

218 pages. (any edition)

RELATED COURSES

BIOLOGY I (BY1-A)
BIOLOGY I (BY1-A) Course Registration No. LSC-757 COURSE OVERVIEW   Semester 1 of 2: High school biology paired wit...
VIEW
BIOLOGY II (BY2-A)
BIOLOGY II (BY2-A) Course Registration No. LSC-759 COURSE OVERVIEW Semester 2 of 2: High school biology paired...
VIEW
CHURCH HISTORY IA (CH1-A)
Course Registration No. REL-031 COURSE OVERVIEW A one-semester course, worth five high school credits. The History o...
VIEW
Back to blog
1 of 5

Questions about all STAA has to offer?

How can we help you on your homeschooling journey? Our advisors are available by appointment to discuss enrolling in the full St. Thomas Aquinas Academy academic program, to help you place your STAA Study Guide order, to help find great Live Classes or One-on-One Guided courses to support your high school students. Choose an appointment type below to arrange a free, no-obligation telephone call or reach out by opening the chat widget in the bottom left corner of the site. We look forward to speaking with you soon!

St. Thomas Aquinas Academy ProgramSTAA Study GuidesLive and Guided Classes