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Ask The World #1

theinvisiblefist:

Did you study economics in school? If so, what was the nature of the class?

A half-year basic Economics class is required to graduate from Baltimore County schools. Over a couple of months, we filled out a number of “spending charts” and learned about different kinds of bank accounts, how to read stock charts and how to graph the supply-and-demand curve. We also watched a “West Wing” Christmas special. 

Although there were some discussions of economics on a larger scale (one question I remember in particular was, “Should a nation’s economy rely on the resources of other nations as well as its own?”), the Final was a series of multiple choice questions that ensured that virtually everyone who took the class could pass; it tested knowledge of terms and concepts, but certainly not ideas.

Although my high school had a business program, no other economics class was offered outside of that.