Homewood-Flossmoor Community High School
District 233

999 Kedzie Ave., Flossmoor, IL 60422
(708) 799-3000
 
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Course Syllabus 

Course Name: Economics-Academic Core  

I Course Information
Course Number: 1712
Level: Academic Core
Department: Social Science

II Course Description
Prerequisite: U.S. History
Open to: Seniors
Length: 1 Year          
Credit: 1
Summary:  The three general areas of concentration in this course are: 1) microeconomics, covering scarcity, factors that influence prices and wages, and the organization and operation of business, 2) consumer economics, including housing, buying a car, insurance, savings and investing, credit, budgeting, consumer protection legislation, and federal, state, and local taxes, and 3) macroeconomics, covering government taxing and spending, business cycles, fiscal policy, monetary policy, inflation, unemployment, economic growth, globalization and international trade. Emphasis at this level is placed on individual instruction and application of practical economic skills needed to become an effective consumer.  The course is open only to those students whose math skills are well below grade level.

III Course Goals
As a result of the study of Economics, students will:
1.   interpret how the price system determines the production and consumption of goods and services and the allocation of resources.
2.   make well-informed choices as an educated consumer in our market economy.
3.   describe the vital role that government plays in the interaction of the international sector, businesses,  and households.
4.   apply economic reasoning to their daily lives as citizens.
5.   utilize analytical tools as a responsible participant in the political process in order to anticipate effects of major economic policy changes.

IV Textbooks and Materials
Roger Miller, Economics Today & Tomorrow, Glencoe/McGraw-Hill (2003)
R. Miller & A. Stafford, Economic Education for Consumers (2004)
South-Western/Thomson Learning

Charles Wheelan, Naked Economics: Undressing the Dismal Science (2002)
W.W. Norton People's Publications

V  Course Outline
First Semester
Units of Instruction:
Unit 1:  Introduction to the Economic Problem
Unit 2:  A Market Economy - Supply and Demand
Unit 3:  How American Business is Organized
Unit 4:  Markets for the Factors of Production
Unit 5:  The Government and Our Economy:  Failures and Financing

Major Assessments: Unit Exams
First Semester Exam 

Second Semester
Units of Instruction:
Unit 6:  Measuring the Economy
Unit 7:  The Government and Our Economy:  Taxing, Spending, and Borrowing|
Unit 8:  The Government and Our Economy:  Controlling the Money Supply
Unit 9:  The Global Economy
Unit 10: Consumer Budgeting, Careers, and Income Taxes
Unit 11: Saving and Investing
Unit 12: Consumer Economics:  Credit   

Major Assessments: Unit Exams
Consumer Education Project
Measuring the Economy
Test of Economic Literacy
Second Semester Exam


(Parents and students: please consult individual teachers for grading policies, extra credit info, class procedures, etc.)

 

 

For more information about these pages,
contact Mr. David Thieman, Director of Human Resources: dthieman@hfhighschool.org