Download October 18, 2006

Americus Sumter High School
South Campus 2014-2015
Fourth Nine Weeks Expectations
Dear Parent(s):
The high school Economics course provides students with a comprehensive, intensive
study of our economy and how the system works. The class will start with an introduction to the
study of Economics and the connecting themes in social studies. Students will learn: the ways in
which humans interact with the environment; the movement of people and ideas; the importance
of economics and trade; the development and power of governments; the impact of science and
technology; production, distribution, and consumption; significant individuals and institutions; and
supply and demand. Students will then learn Economics within the context of these themes. The
major area of learning for the nine weeks will be macroeconomics.
A major goal that we have at Americus-Sumter High School is to maintain consistent
communication with you regarding your son or daughter’s progress. We want to work with you as
a team to ensure that your child is successful in school and becomes an independent life-long
learner. The standards that will be taught this nine weeks are:
1.
Explain how changes in fiscal policy and the money supply affect the individual and the
nation. (GPS SSEMA 2abc, 3ab, 1abcdef)
 Taxing & spending
 Levels of income
 GDP and CPI
 Inflation
 Unemployment
 Business cycle
 National debt
2. Explain how changes in fiscal policy and the money supply affect the individual and the
nation. (GPS SSEMA 2abc, 3ab, 1abcdef)
 Federal Reserve System
 Monetary policy
 Fiscal policy
 National debt
3. Explain how the American economy influences the global economy. (GPS SSEIN 1abc,
2abcde, 3abc)
 Comparative advantage
 Balance of trade
 Trade barriers; free trade and trading blocks
 Exchange rates
Mastery of these standards/elements is essential for passing this course. Please feel free to
contact us if you have any questions or concerns.
Sincerely,
Social Studies Dept., ASHS