Objective: Economics is about more than money. It's about how each person makes decisions while grappling with the fundamental problem of scarcity. How do we make choices when our time, money, and resources are limited? And how do societies make these decisions?

In this course, students will learn the fundamentals of economics and gain the knowledge they need to speak intelligently on the subject, and various economic systems. There will be an emphasis on capitalism, socialism, and communism, as well as Catholic teaching on each. 

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Course curriculum

  • 01

    Chapter I - What is Economics

    • Chapter I - Introduction
  • 02

    Lesson 1 - More than Money

    • Introduction

    • Resources for Students, Parents, and Teachers

    • Lesson 1 - More than Money - LESSON PLAN / STUDY GUIDE

    • Economics - Chapter I - What is Economics? - Lesson 1 - More than Money - Live Lesson Recording with Professor Marshall Connolly (10/13/21)

    • Lesson 1 - More than Money - QUIZ
  • 03

    Lesson 2 - Economic Systems

    • Introduction

    • Resources for Students, Parents, and Teachers

    • Chapter I - What is Economics - Lesson 2 - Economic Systems - LESSON PLAN / STUDY GUIDE

    • Economics - Chapter I - What is Economics? - Lesson 2 - Economic Systems - Live Lesson Recording with Professor Marshall Connolly (10/14/21)

    • Lesson 2 - Economic Systems - QUIZ
  • 04

    Lesson 3 - A Catholic Economy

    • Introduction

    • Resources for Students, Parents, and Teachers

    • Lesson 3 - A Catholic Economy - LESSON PLAN / STUDY GUIDE

    • Economics - Chapter I - What is Economics? - Lesson 3 - A Catholic Economy - Live Lesson Recording with Professor Marshall Connolly (10/15/21)

    • Lesson 3 - A Catholic Economy - QUIZ
  • 05

    Chapter II - Economic Laws

    • Chapter II - Economic Laws
  • 06

    Lesson 1 - Value and Opportunity

    • Introduction

    • Resources for Students, Parents, and Teachers

    • Lesson 1 - Value and Opportunity - LESSON PLAN / STUDY GUIDE

    • Economics - Chapter II - Economic Laws - Lesson 1 - Supply and Demand - Live Lesson Recording with Professor Marshall Connolly (10/18/21)

    • Lesson 1 - Value and Opportunity - QUIZ
  • 07

    Lesson 2 - Factors of Production

    • Introduction

    • Resources for Students, Parents, and Teachers

    • Lesson 2 - Factors of Production - LESSON PLAN / STUDY GUIDE

    • Economics - Chapter II - Economic Laws - Lesson 2 - Factors of Production - Live Lesson with Professor Marshall Connolly (10/19/21)

    • Lesson 2 - Factors of Production - QUIZ
  • 08

    Lesson 3 - Supply and Demand

    • Introduction

    • Resources for Students, Parents, and Teachers

    • Lesson 3 - Supply and Demand - LESSON PLAN / STUDY GUIDE

    • Economics - Chapter II - Economic Laws - Lesson 3 - Supply and Demand - Live Lesson Recording with Professor Marshall Connolly (10/20/21)

    • Lesson 3 - Supply and Demand - QUIZ
  • 09

    Chapter III - Economic Systems

    • Chapter III - Economic Systems
  • 10

    Lesson 1 - Ancient and Medieval Systems

    • Introduction

    • Resources for Students, Parents, and Teachers

    • Lesson 1 - Ancient and Medieval Systems - LESSON PLAN / STUDY GUIDE

    • Chapter III - Economic Systems - Lesson 1 - Ancient and Medieval Systems - Live Lesson Recording with Professor Marshall Connolly (11/8/21)

    • Lesson 1 - Ancient and Medieval Systems - IMAGES

    • Lesson 1 - Ancient and Medieval Systems - QUIZ
  • 11

    Lesson 2 - Mercantilism and Capitalism

    • Introduction

    • Resources for Students, Parents, and Teachers

    • Lesson 2 - Mercantilism and Capitalism - VIDEO

    • Lesson 2 - Mercantilism and Capitalism - LESSON PLAN / STUDY GUIDE

    • Lesson 2 - Mercantilism and Capitalism - QUIZ

    • Mercantilism and Capitalism Images
  • 12

    Lesson 3 - Socialism and Mixed Economies

    • Introduction

    • Resources for Students, Parents, and Teachers

    • Lesson 3 - Socialism and Mixed Economies - LESSON PLAN / STUDY GUIDE

    • Chapter III - Economic Systems - Lesson 3 - Socialism and Mixed Economies - Live Lesson Recording with Professor Marshall Connolly (11/10/21)

    • Lesson 3 - Socialism and Mixed Economies - QUIZ

    • Socialism and Mixed Economies Images
  • 13

    Chapter IV - The Real World

    • Chapter IV - The Real World - Introduction
  • 14

    Lesson 1 - Fiscal and Monetary Policy

    • Introduction

    • Resources for Students, Parents, and Teachers

    • Lesson 1 - Fiscal and Monetary Policy - LESSON PLAN / STUDY GUIDE

    • Chapter IV - The Real World - Lesson 1 - Fiscal and Monetary Policy - Live Lesson Recording with Professor Marshall Connolly (11/12/21)

    • Chapter IV - The Real World - Lesson 1 - Fiscal Policy - QUIZ

    • Lesson 1 - Fiscal and Monetary Policy - Images
  • 15

    Lesson 2 - Labor

    • Introduction

    • Resources for Students, Parents, and Teachers

    • Lesson 2 - Labor - LESSON PLAN / STUDY GUIDE

    • Lesson 2 - Labor - VIDEO

    • Lesson 2 - Labor - QUIZ

    • Labor - Images
  • 16

    Lesson 3 - Macroeconomics

    • Introduction

    • Resources for Students, Parents, and Teachers

    • Lesson 3 - Macroeconomics - LESSON PLAN / STUDY GUIDE

    • Lesson 3 - Macroeconomics

    • Lesson 3 - Macroeconomics - QUIZ

    • Macroeconomics - Images
  • 17

    Lesson 4 - Microeconomics

    • Introduction

    • Resources for Students, Parents, and Teachers

    • Lesson 4 - Microeconomics - LESSON PLAN / STUDY GUIDE

    • Microeconomics - VIDEO

    • Lesson 4 - Microeconomics - QUIZ

    • Microeconomics - Images

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Instructor(s)

Instructor Bio:

Professor Marshall Connolly has spent his life in service to God and the Church as an educator and writer. He is a graduate of the California State University system and has earned bachelor's degrees in English and History, as well as a teaching credential. He has completed additional studies at Whitman College, and the University of San Diego. His interests include science and apologetics and he writes on both subjects for Catholic Online (catholic.org), the World's Catholic Library.

He serves as the first Director of Education for Catholic Online School.

Professor Marshall Connolly

Director of Education