The objective of this course is to provide students with an introductory understanding of economic theory and how the economy works. This course focuses on how prices are determined; the behavior of consumers and businesses and how they interact with each other and with government; the different types of market structures that exist in our economy today; and how government intervention affects economic and business activity. The uniqueness of this course is that, for the first time, it attempts to supplement the various theories and issues with a First Nations perspective, where possible.