Economics 1201 Twelfth grade students study the role of government, the international trade policy, poverty, privatization, economic expansion, and industrial growth. They learn about economic opportunity including small business, franchising, chain stores, the sole proprietor and business partnership. Students learn about stock exchanges, buying stock on margin, commodities futures, market dynamics and Black Monday. They study watchdog agencies, the Federal Reserve, taxation, inflation, savings, and budget imbalances. Twelfth grade students study the American dollar and world economy, developing a financial plan, and a money management checklist.