Who Should Teach Economics?

What department should teach economics?  Some say the Social Studies Department and some say the Business Department.  This question will never be resolved, but I believe the Business Department should teach Microeconomics while the Social Studies Department should teach Macroeconomics.  In the paragraphs that follow, I will briefly outline my arguments.

Social studies is the integrated study of the social sciences and humanities to promote civic competence. Within the school program, social studies provides coordinated, systematic study drawing upon such disciplines as anthropology, archaeology, economics, geography, history, law, philosophy, political science, psychology, religion, and sociology, as well as appropriate content from the humanities, mathematics, and natural sciences. The primary purpose of social studies is to help young people develop the ability to make informed and reasoned decisions for the public good as citizens of a culturally diverse, democratic society in an interdependent world.

Definition of Social Studies

National Council for the Social Studies (NCSS)

The Iowa Core Curriculum lists these  and more outcomes of a rigorous and relevant curriculum:

Essential Concept and/or Skill: Understand the influences on individual and group behavior and group decision making.

·       Understand the components of social structure and how social structure affects the individual in society.

·       Understand society practices social control through the use of norms and sanctions.

·       Understand the role of deviance in society and its effects on individual and group behavior.

 Social studies sure has it all.  Yet, where in the standards does the ICC mention making a profit, or setting prices?  Price theory is in the realm of Microeconomics.

It is my opinion that when the Iowa Core was developed the writers completely forgot about microeconomics.  And that's too bad because it's microeconomics that runs this country.

This argument could go on indefinitely, but I conclude that Macro can be taught in the Social Studies Department.  Let the Business Department have Microeconomics.