This course is a comprehensive study of the American free enterprise economic system. It includes the study of the basic economic concepts, the market system, American business and labor, money and banking, business cycles, the role of government in free enterprise, and comparative economic systems. The concepts of personal financial literacy are to be mastered by students in order that they may become self-supporting adults who can make informed decisions relating to personal financial matters, and these concepts are incorporated into the student expectations of this course.