Download Chapter 1 - What is Economics

Economics Syllabus
North Huron Schools 2016-2011
Mr. McIntosh
Course Description: This course entails the study of Economics (local and national) as
well as a significant amount of current events and their effects on our economy. The
study will include lecture, daily assignments with questions and/or short essays,
reports/projects, quizzes, tests, group work, and study island assignments. You will be
expected to take extensive notes during each class. There will also be a trimester long
stock market simulation project that will involve, research, record keeping, and a final
presentation.
Materials Needed:
Notebook, Folder, pen or pencils.
Expectations: Attend class. Be on time will ALL materials. Turn is assignments on time
and neatly. Follow classroom and school rules and policies that are found in the student
handbook.
Grading:
Homework:
Quizzes:
Study Island
Tests/Papers
Final Exam
10-20 pts
10 pts each / 30 – 40 pts. per chapter
10 pts each
50 pts
20% of final grade
*Late work will be accepted for half credit only. This is only in cases were the student
was not absent.
If you have any questions regarding the class, please contact me via email
[email protected]
Course Outline
I.
Chapter 1 - What is Economics?
1. The basic Problem of Economics
2. Trade-offs
3. What do Economists do?
II.
Chapter 2 – Economic Systems and the American Economy
1. Economic Systems
2. Characteristics of the American Economy
3. The Goals of a Nation
4. Socialism and Capitalism
III.
Chapter 7 – Saving and Investing
1. Why save?
2. Investing: Taking Risks with your Savings
3. Special Savings Plans and Goals
4. Marketwatch online Stock Game
IV.
Chapter 7 – Supply and Demand
1. Demand
2. The Demand Curve and Elasticity of Demand
3. The Law of Supply and the Supply Curve
4. Putting Supply and Demand Together
V.
Chapter 8 - Business Organizations
A. types of business ownership in America
B. the corporation
VI.
Chapter 9 Market Structure
A. competition in the economy
VII.
A.
B.
C.
Chapter 13 Measuring the Economy’s Performance
GDP
inflation
the business cycle
VIII.
Monetary and Fiscal policy Resources
IX.
X.
chapter 16 The role of the Government
A. Government, Spends, Collects, and Owes
Chapter 18 – Trading with other Nations
1. The Benefits of World Trade
2. Financing World Trade
3. Restrictions on World Trade
4. Study Island Topics
a. Foreign Trade
b. Developing Nations and standard of living
c. American Economy and the World