Economics

Teacher: Sarah Westcott

Tuesday 1PM - 2:30PM (ET) - Spring 2026

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Description

Economics Course Description

This class is approved by the NCAA.

This class is part of the MyFunScience live online homeschool classes. Families can also explore other social science courses designed for middle school and high school students.

This live online high school economics class for homeschool students introduces the foundational ideas that shape how economies function and how individuals make financial decisions.

Almost every aspect of our lives has economic implications — which means the study of economics should be both relevant and engaging. Have you ever wondered how the dollar got its name? Why seashells can’t be used like “real money”? Why your grandparents may have bought their first house for $10,000 while that same house could cost $250,000 or more today? Or why an iPhone might cost $1,000 while an old flip phone costs only $20?

Students explore questions like how banks and businesses make money, why prices rise and fall, how inflation works, and how government policies influence the economy.

The course introduces both microeconomics and macroeconomics through a combination of textbook study, real-world examples, independent projects, and current events.

Economics pairs well with practical financial courses such as Consumer Math and government courses such as American Government and Civics, helping students understand how economic systems interact with policy and everyday financial decisions.

Class lectures are interactive discussions, and homework — while rigorous — includes textbook assignments, supplemental readings, and occasional video clips from movies or television programs that help illustrate economic ideas in memorable ways.

I am committed to my students’ success — so come and let’s learn together!


What Students Will Learn in Economics

  • The basic principles of microeconomics and macroeconomics
  • How supply and demand influence prices and markets
  • The role of money, banking, and financial systems
  • How inflation affects individuals and the economy
  • The impact of government policies, taxes, and spending
  • The economics of entrepreneurship, labor, and global trade

High School Credits

  • 0.5 credit

Grade Levels

  • 10th – 12th grade

Prerequisites

  • None

Economics Curriculum

  • Exploring Economics Student Textbook (2016 or later editions) by Ray Notgrass — textbook only, resources bundle not needed
  • Noah’s Castle by John Townsend (Kindle or hard copy)
  • Whatever Happened to Penny Candy, 6th edition or later by Richard Mayberry

Economics Course Outline

  • Superstars of Economic Philosophy and the History of U.S. Economics
  • Economics in Light of Faith
  • Limited Resources and the Choices We Make
  • Economic Markets and Supply and Demand
  • What Is Money and How Banks Work
  • Inflation — What It Is, Why It Matters, and How to Manage It
  • Trade — Economic Activity Between Countries
  • Business — Economic Realities of Entrepreneurship
  • Labor — Jobs, Employees, Wages, and Unemployment
  • The Role of Government in the Economy — Policies, Regulations, Taxes, and Spending
  • Measuring the Economy — GDP, Business Cycles, Inflation, and the Stock Market
  • Major Economic Issues — Health Care, Social Security, Energy, Transportation, Technology, Real Estate, and Agriculture

Estimated Workload

  • Approximately 45 minutes per day outside of class

Testimonials / Reviews

“Thank you so much! We appreciate you pouring so much into our kids. You are Joshua’s favorite teacher!”

“Thank you for tackling such a hard class for high school students to understand. This class has truly prepared me for college econ.”

“My greatest takeaway is that the economics of our country are far more complex and affect our economy far more than I realized.”

“You are such an amazing and wonderful person and I love how enthusiastic you are about learning!”

“The richness you have imparted to us through this class has been a tremendous blessing.”

“This class has been fun and challenging, which is good for me.”


Frequently Asked Questions

Is this an online economics class for homeschool students?

Yes. This course is designed for homeschool high school students and provides 0.5 credit in economics.

What topics are covered in economics?

Students study microeconomics, macroeconomics, supply and demand, inflation, banking, government policy, and global trade.

Is this class suitable for students new to economics?

Yes. No prior economics experience is required, and the course is designed to introduce key economic principles in an engaging way.

Sarah Westcott

Sarah Westcott - Teacher - MyFunScience.com

Online Classes:

Sarah Westcott is a veteran homeschool Mom of four young adult humans (currently ages 20-26), who often tease her that she can find a creative way to incorporate real life lessons into almost any topic! Her favorite part of teaching is the high that comes from helping students connect textbook concepts to real-world applications. She’s passionate about making learning both fun and practical, while setting high standards for excellence (not perfection!) in all things. (Colossians 3:23)

Professionally, Sarah considers herself blessed to have had an eclectic career ranging from international high-tech consulting, corporate training, business networking strategist, money expert, homeschool educator, and entrepreneur. She has a BA in Political Science and a concentration in computer science from Wellesley College, as well as professional certifications from the Accountable Network for financial coaches and a Ramsey Solutions master coach.

Sarah Westcott is extremely active in both her church and the local business community, an avid tea drinker, and loves travel, food, hiking, boating, kayaking, geocaching, gardening, jigsaw puzzles, reading, knitting and her beloved Boston Red Sox baseball team! She believes in inspiring, educating, encouraging and equipping others to fully live the life path that God has called them to, and Choose Joy in all circumstances!

Contact Teacher

Contact Us - Sarah