Download Morgan County Curriculum Pacing Guide Economics Pacing Guides

Morgan County
Curriculum Pacing Guide
Economics

Pacing Guides create a realistic, functional
time-frame for instruction and assessment
which is compatible with student growth and
achievement
WEEK
1-5
UNIT
Unit 1: Fundamental Economic Concepts
Ch. 1 What is Economics?
Ch. 2 Economic Systems and
Decision Making
Ch. 3 Business Organizations and
Economic Institutions
6–9
Unit 2: Microeconomics
Ch. 4 Demand
Ch. 5 Supply
Ch. 6 Prices and Decision Making
Ch. 7 Competition, Market Structures, and
the Role of Government
10 – 13
Unit 3: Macroeconomics: Institutions
Ch. 8 Employment, Labor, and Wages
Ch. 9 Sources of Government Revenue
Ch. 10 Government Spending
Ch. 11 Money and Banking
Ch. 12 The Federal Reserve System and
Monetary Policy
Ch. 13 Financial Investments, Markets,
and Equities
ACOS


Use to plan for instruction & meet the needs of your
students
Continue to reinforce skills and concepts throughout the
year.
Become familiar with sequencing at previous and
subsequent grade levels.
VOCABULARY
Scarcity
Opportunity cost
Capitalism
Factors of Production
Partnerships
Consumer sovereignty
1, 2 & 5 Corporations
Voluntary exchange
Adam Smith
Business Organization
Labor union
Sole Proprietorships
Economic System
Nonprofit Organization
Demand
Economic Model
Supply
Change in Demand
Productivity
Change in Supply
3, 4 & 6 Surplus
Equilibrium Price
Shortage
Competition
Monopoly
Elasticity
Oligopoly
Patent
Wagner Act
Deficit Spending
OSHA
Gold Standard
Inflation
Keynesian Theory
Deflation
Progressive Tax
4, 9, 10 & Saving
Fiscal year
11
FICA
Interest rates
FDIC
Consumer
Deregulation
Inconvertible Fiat
Consumption
Money Standard
Flat Tax
SUGGEST
PROJECTS
ON LINE
BUSINESS
STIMULATION
Johnnymoney.
com
14 – 16
Unit 4: Macroeconomics: Policies
Ch. 14 Gross Domestic Product
Ch. 15 Population, Economic Growth,
and Business Cycle
Ch. 16 Unemployment, Inflation, and
Poverty
Ch. 17 Achieving Economic Stability
17 - 18
Unit 5: International and Global Economics
Ch. 18 International Trade
Ch. 19 Comparative Economic Systems
Ch. 20 Developing Countries
Ch. 21 Global Economic Challenges
4,6,7,& 8
2 & 12
GDP
GNP
NNP
National Income
Unemployed
Full employment
Recession
Depression
Baby boom
Trade deficit
Foreign exchange
Tariff
Quota
Privatization
Communism
Black market
National Income
Personal Income
Lorenz Curve
Supply Side Policies
Demand Side Policies
Aggregate Demand
Curve
Aggregate Supply
Curve
Population density
External debt
Cartel
Pollution
Acid rain
Embargo
Modified Free
Enterprise economy
ALBAMA
STOCK
MARKET
GAME