Posted November 18, 2018 03:07:50A recent article on the Alberta government’s website, The Alberta Department of Finance and Skills, provides some insight into the future of free market education.
The article provides an update on the curriculum for the next three years, and what students should expect from the classes they take.
Students should expect that the curriculum will be tailored to their interests and will cover the topics of:A market economy, the economy of human capital, and how the market economy interacts with the environment.
The department says students will also be exposed to the fundamentals of finance and management.
The free market is a broad term, encompassing both free-market economics and the principles of free-enterprise economics.
Students will also learn about the social and economic issues that affect the Alberta economy.
“Students will be able to develop their understanding of free markets, the environment, and the issues that impact the Alberta market, as well as the role that free markets play in the economies of Alberta and the world,” the department says.
Free market economics teaches students how markets operate in an open and competitive environment.
Free market economics allows students to learn the principles and laws of supply and demand and the benefits and risks associated with economic decisions, as opposed to simply the economics behind the decisions.
The Department of Education says that the courses will focus on:A comprehensive introduction to free market analysis and theory, including economic analysis and economic policy.
Students can expect to learn:How market economies are created and how markets work; The role of the market in creating and managing economic conditions; How the market functions as a social organization; The social and environmental benefits and drawbacks of market transactions; How market decision making is affected by human behavior; How markets can improve or hurt economies; The economic and social effects of market decisions; How trade and trade rules impact economies; and The economic, social and political implications of free trade agreements.
The Free Market Education Program will also include a number of social and policy topics, including:The department’s goal is to have the curriculum complete in the fall of 2021, but the course can take place anywhere between two and three years.
The Alberta government says that free market economy will be taught at the University of Alberta, the University College, and other Alberta universities.