Introduction to Economics

Human beings live in a world of prices, buying, selling, and trading, but do people understand these things? Why do prices rise or fall? How do people decide what prices they are willing to pay and which they will refuse? At the basic level, why do people work so hard for silver or gold, or little green pieces of paper, or to change a number in a bank computer?

Students in this course will begin from the foundations of considering individual decision making. They will examine primary sources including sections of Adam Smith’s pivotal work, Wealth of Nations. They will look at how patterns of economic thinking shape interactions among many people in macroeconomic settings.

In later parts of the year, students will compare and contrast capitalism and communism, free markets and collective decision making, as well as applying economic analysis to more developed complexes of human action. In the last portion of the year, students will consider economic thoughts departing from the opposed models of free-floating individualism versus centralizing collectivism.

Fall 2020 Registration for this Course Opens on February 27.

“REGISTER” buttons for 2018-2019 will become active on 7 February 2018.

Prerequisites: None  
Instructor: Mitchell Nees, M.A.
Age Level: 15 - 18 years
Minimum Enrollment: 8
Maximum Enrollment: 15
Tuition per Semester: $380

Class Meets: Tuesdays and Fridays, 1:00 - 2:00 PM Pacific time
Click Here to see the 2021-22 Class Schedule

Spring registration is open!

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Mitchell Nees, M.A.

Mitchell Nees has taught Latin, history, and other humanities for over fifteen years, mostly at the secondary level. He earned a B.A. in Classics from Hillsdale College, focusing on Latin and Greek language studies, and an M.A. for Teaching of Latin from the University of Illinois at Champaign-Urbana. By day, he teaches seventh through twelfth grade students at a small private school in the suburbs of Detroit. At day’s end, he is the husband of a nurse and the father of two small boys.


Amazon links for textbooks and materials are provided for the convenience of our parents and students. 
The CLRC is an Amazon Associate.

The Wealth of Nations


Lessons for the Young Economist


The Marx-Engels Reader


The Outline of Sanity


Economics in One Lesson