The Principles and Precepts of Economics Kit from Paradigm Accelerated Curriculum


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With Principles and Precepts of Economics, students gain insight about the history and concept of economics, especially regarding free enterprise: private property, entrepreneur-ism, risk, debt, profit, government regulations, and causes and effects of depressions, inflation, and investment losses and gains.

This is a half-credit course.

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This half-credit course on The Principles and Precepts of Economics from Paradigm Accelerated Curriculum consists of three chapters, introducing your senior-level student to the world of economics.

In Chapter 1, students will learn about risk, investment, profit, and loss. They will look at the evolution of economic principles origination in the Ancient World and the historical figures who shaped our economic theories and practices.

This chapter will also delve into the Industrial Revolution, Worlds Wars I & II, and the Cold War and how they affected and shaped our economy.

Chapter 2 consists of students exploring the history of Judeo-Christian and European influences that helped form the economy of the United States.

Students gain insight into the close relationships between:

  • profit motive
  • demands for goods and services
  • investment
  • wages
  • rules of law
  • taxes

Your student will get an in-depth look into the economic significance of the U.S. Constitution, Mayflower Compact, and  Bill of Rights. They will learn about the impact and development of  the telephone and railroad as well as Welfare, the New Deal, and “trickle-down economics”.

In Chapter 3, students will be discussing contemporary economic issues. The will learn about:

  • banking
  • creditors
  • credit cards
  • checking accounts
  • debt
  • impulse buying
  • mortgages
  • the stock market
  • premiums
  • deductibles
  • insurances
  • gross and net income
  • loans
  • inflation
  • and other important topics

The end of this chapter will look into being a young entrepreneur, the pros and cons of options after graduation (college, career, live at home, dormitories, apartment-sharing, etc).

This HALF CREDIT KIT contains Texts, Activities, and Teacher’s Resource Kit.

Get your student ready for the world of economics with The Principles and Precepts of Economics from Paradigm Accelerated Curriculum! 

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Paradigm Accelerated Curriculum textbooks are a terrific option for homeschool students or private, charter, and alternative schools seeking a self-instructional learning program that is both engaging and comprehensive.

Benefits of a Correspondence Format

With Paradigm, students receive essential instruction in a correspondence format that requires little teacher interaction. In addition, the Paradigm correspondence format allows students to move through the curriculum as rapidly or as slowly as needed to ensure mastery.

Engaging, Individualized Learning

Each course is broken down into manageable lessons that are designed to teach not only the academic concepts, but also character, confidence, and competency. Each course is designed for individualized learning and allows the homeschool student to advance as rapidly as desired or as slowly as necessary to master the material. Using conversational teaching and vignettes of various historical figures and events, Paradigm courses engage students, enabling them to relate to the instruction while building knowledge and developing key skills.

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Designed to meet the needs of under-performing or under-challenged middle school to high school students, Paradigm offers the following courses for students in grades 7 to 12: Basic Science Mysteries (non-math-heavy science), Natural Science Mysteries (non-math-heavy science), Integrated Physics and Chemistry I & II (non-math-heavy science), Biology, Anatomy and Physiology, English Grammar Skills, English I Language Skills, English II & III (with a focus on writing and composition), English IV, Literature and Philosophy, Basic Math Skills, Intermediate Math Skills, Industrial Skills and Careers, US History I & II, and World Geography.

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