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Chapin High School 2016-2017 Economics Syllabus Instructor: E-mail: I. Paul Partrich (Room D402) [email protected] Voice Mail: Planning: 575-5506 2A and 8B Course Description: Economics is a senior course that will be taught as a college prep class. Students in this class will be expected to keep up with assigned readings and be prepared for class discussions. This course will focus on how humans behave when producing, consuming and exchanging the goods and services they need and want and the government’s role in this process. Successful completion of this course is required for graduation. II. Instructional Goals: The main objective of this course is to give students a better understanding of the economic realities that influence their lives. The student will acquire and use economic skills and knowledge so that they will be able to actively participate in the free market economy of the United States and the growing global economy. (See the South Carolina Standards for Economics on the district web site). III. Major Curricular Topics: IV. Unit One- What is the economic decision making process? What are the factors of production? How do different economic systems allocate the factors of production? What is the difference between capitalism and socialism/capitalism. What is money? Unit Two- What are the 3 main types of business ownership in the US? What are stocks? What is the role of government in business in the US? What are labor unions and what is their role in business? Unit Three- What are the 4 major market structures in the US? What is the role of government in each of these market structures? What is product differentiation and how does advertising effect the economy of the US? Unit Four- What roll do supply and demand play in establishing prices in the US economy? What is elasticity and how does it affect the supply and demand of goods and services in the US? Unit Four- How is money created? What roll does banking play in the US? What is the roll of the US government in setting fiscal and monetary policy for the nation? What is GDP? Unit Five- What are the elements of personal finance and credit? Textbook: The textbook for this course is McGraw Hill Understanding Economics. Any resources used in this course will be approved by the district office for classroom use. Chapin High School 2016-2017 Economics Syllabus V. Instructional Organization: Teaching methods in this course will include lecture, notes, class discussion, group work, projects, research, and class presentations. VI. Course Grading/Evaluation: Evaluation/grades are divided into two categories: Formative Assessments: 20% of each nine weeks grade (Homework, quizzes, classwork, daily assignments) Summative Assessments: (All tests and projects) VII. Projects: 80% of each nine weeks grade One major project will be assigned each nine weeks VIII. Absences/Make up work: Students who miss school will be allowed to turn in make up work according to school policy. Late work will be accepted for partial credit if it is turned in by the next class period and half credit if later. Students are allowed 3 absences IX. Materials: Students are expected to come to class with a pencil/pen, their notebook and their textbook. Graph paper will be required during the unit on Supply and Demand. X. Enrichment: Enrichment will be offered the first half of the “Power Hour” on Monday, Tuesday and Wednesday of each week. I can also arrange to be available before and after school if notified in advance. XI. Classroom Management: Discipline will follow the rules in the school handbook. Failure to follow these rules will result in disciplinary action according to school policy. XII. Cheating: Cheating will not be tolerated. The school honor code will be followed in cases of cheating. XIII. Final Exam: A final exam will be given on the day scheduled by the school. The exam will count as 20% of the student’s final grade. No exams will be given early or late unless approved by the school’s API. Students who have an 80 or higher average, are classified as a senior, and have not received out of school or twilight suspensions are eligible to exempt their final exam. XIV. Phone Policy: Phones are not permitted in class unless approved for academic use by the instructor or unless all work is completed for the day. 1st offense is a warning and second offense is the removal of the phone for the remainder of the class. If student refuses to give their phone to the instructor, then a discipline referral will be issued XV. IPad and other devices: The IPad or personal devices will be used for instructional purposes only. No games or social media will be permitted during instructional time. 1st offense is a warning and second offense is a discipline referral. **REMEMBER—THIS COURSE IS REQUIRED TO GRADUATE**