Download Economics

ECONOMICS CP SYLLABUS
COURSE DETAILS
Course Code: 335000CH
Subject: Social Studies
Required Prerequisites: None
Suggested Prerequisites: Completion of high school US History and Constitution course
Duration: One semester
Course Availability: A listing of when this course is offered in the current school year can be found on the
VirtualSC Current Course Offerings page.
Class Times: There are no scheduled class meetings for this course. Instead, students are expected to work on
their own to meet the deadlines posted in the course pacing guide. Students can expect to work 7 - 14 hours
per week, on average.
Textbook Information: Wolfe, I. (2008). Economics: Principles and Practices, Studentworks Plus, cd-rom. S.l.:
Glencoe Mcgraw-Hill School.
Online Course Materials: A list of websites and online textbooks used in this course can be found here:
Economics CP Course Links List. Students will need to be able to access all of these links to access all course
materials.
Other Required Materials: None.
Final Exam: Students in this course take a VirtualSC final exam. Details on scheduling and taking final exams can
be found on the Final Exam Page of the VirtualSC webpage.
COURSE DESCRIPTION
In this course, we will explore various economic concepts and practices. We will examine macroeconomics,
microeconomics, and standard economic practices and issues that affect the U.S. and global economies. In
particular, we will explore concepts like scarcity, supply and demand, market structures, prices, governmental
economic policy, and banking. Additionally, we will analyze ways in which individuals, families, and governments
act in response to economic conditions, and the subsequent effects of these actions.
The curriculum used in this course is guided by the South Carolina Social Studies Academic Standards.
SCOPE AND SEQUENCE

Course Introduction and Orientation
7/14/2017 2:01:00 AM














Chapters 1 and 2: What is Economics? & Economic Systems and Decision-Making
Chapter 4: Demand
Chapter 5: Supply
Chapter 6: Prices and Decision-Making
Chapters 7 and 8: Market Structures & Employment, Labor, and Wages
Chapter 9: Sources of Government Revenue
Chapter 10: Government Spending
Chapter 11: Financial Markets
Chapters 12 and 13: Macroeconomic Performance and Economic Instability
Chapter 14: Money, Banking, and the Federal Reserve
Chapter 15: Economic Stabilization Policies
Chapters 16-18: International Trade, Developing Countries, and Economic Challenges
Ongoing 4 weeks Budget Assignment: Personal Finance
Final Exam
Students will be sent a full list of assignments and their due dates at the beginning of the course. A sample pacing
guide for this course can be found in the Sample Pacing Guide below.
VIRTUALSC DETAILS
TECHNOLOGY
VirtualSC strives to provide adequate technical support to all of our students. As on online program, VirtualSC
cannot provide support for any hardware (computers, tablets or mobile devices) that students use to access their
courses. A list of technical requirements for devices can be found on the Virtual SC Tech Help page (launches in a
new window).
A troubleshooting guide for students is provided on the Virtual SC Tech Help page (launches in a new window). A
list of video tutorials can be found on the Student Tutorials page (launches in a new window).
Students who need individual technical support during registration and before their courses start should contact
the VirtualSC Help Center (launches in a new window) or call Student Services directly at (803) 734-8039.
Students who are actively enrolled in courses should contact their teachers for course-specific technical support.
ACCESSIBILITY AND ACCOMMODATIONS
VirtualSC is committed to continually enhancing the accessibility of our courses. Our courses are regularly
monitored by internal staff to check for accessibility risks. We are working to ensure that all required videos in
our courses contain captions and/or transcripts. The program strives to ensure that all newly developed and
revised courses include structural styling to indicate headings, lists, and tables to assist in page comprehension
for screen readers.
The program continues to strive to format our courses to be compliant with the recommendations on the Web
Content Accessibility Guidelines (WCAG) 2.0 (launches in a new window).
To ensure that students with special needs are being adequately served by our program, students with IEPs and
504s are asked to comply with the VirtualSC IEP/504 Policy (launches in a new window).
7/14/2017 2:01:00 AM
GRADING POLICY
The final grade in this course results from the following:


Coursework: 80%
End of Course Exam: 20%
Coursework grades will be based upon the quality of the student submissions, participation in discussions, and
the ability to maintain consistent communication with the instructor.
This course uses the South Carolina Uniform Grading Scale:
Letter Grade
A
B
C
D
F
Numerical Grade
90-100
80-89
70-79
60-69
0-59
COMMUNICATION AND LATE WORK
Participation and communication in an online class is critical to successful completion. Although students can
access at a time that is convenient for them, they are expected to login regularly to the Student Dashboard and
their course regularly. Students should meet all deadlines per the pacing guide and notify the instructor in
advance if extenuating circumstances arise that prohibit the student from participating in the class as expected.
Due dates for assignments are clearly posted and no work will be accepted beyond the due date unless a prior
extension has been arranged. Students can communicate with their instructor through various methods as posted
in the course.
ACADEMIC INTEGRITY POLICY
VirtualSC (VSC) takes academic integrity very seriously and expects a full commitment to it from each VSC
student. All students taking courses with VirtualSC will be expected to adhere to our Academic Integrity Policy.
The full policy, including consequences for infractions can be found on our Academic Integrity Policy Page
(launches in a new window).
SAMPLE PACING GUIDE
The pacing guide below is provided to demonstrate the number of activities in this course, and how they are
spaced throughout a typical year.
Unit/Module
Orientation
Unit 1
Assignments/Tasks
Orientation Lesson
1.0 Unit Pretest
1.1 Scarcity
1.2 Production possibilities &
Opportunity Costs
2.1 Types of Economies
2.2 Trade Benefits
BM1 Unit 1 Benchmark Test
Due Date/Time To Complete
1 DAY
2 WEEKS
7/14/2017 2:01:00 AM
Unit/Module
Unit 2
Unit 3
Unit 4
Unit 5
Final Benchmark Test
Assignments/Tasks
2.0 Unit Pretest
4.1 Individual & Market Demand
Curves
4.2 Elastic & Inelastic Demand
5.1 Supply Curves
5.2 Law of Supply
5.3 Levels of Production
6.1 Prices
6.3 Profit Maximization
7.1 Market Structures
7.2 Externalities
BM2 Unit 2 Benchmark Test
3.0 Unit Pretest
8.1 Wage Determination
9.1 Incidence of a Tax
9.2 Paying Taxes
10.1 Federal Budget
10.2 Federal Spending
11.1 Financial System
BM3 Unit 3 Benchmark Test
4.0 Unit Pretest
12.1 Measuring the Nation’s Output
& Income
12.2 Income Inequality
13.2 Computing Price Index &
Calculation Inflation
13.1 Business Cycles
14.1 Federal Reserve
15.1 Macroeconomic Equilibrium
BM4 Unit 4 Benchmark Test
Due Date/Time To Complete
2 WEEKS
5.0 Unit Pretest
16.1 Exchange Rates
16.2 Currency Exchange
17.1 Economic Development
17.2 Achieving Economic
Development
18.1 Globalization
BM5 Unit 5 Benchmark Test
2 WEEKS
2 WEEKS
2 WEEKS
Final Exam – must be proctored by
a teacher at your physical school.
Please contact your school
counselor to schedule your exam.
7/14/2017 2:01:00 AM