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Course
Syllabus
Course Name: Economics -
Advanced Placement
I Course
Information
Course
Number: 1742
Level:
Advanced Placement
Department: Social Science
II Course Description
Prerequisite: U.S. History
Open
to: Seniors
Length:
1 Year
Credit:
1
Summary: This course is designed to be the equivalent of a college survey and
prepares students for both the Microeconomics and Macroeconomics College Board
Advanced Placement exams. The course will therefore operate at a more rigorous
level than the honors class. The course is divided into three distinct parts,
microeconomics, macroeconomics, and consumer economics. Emphasis
is placed on critical thinking skills through the understanding, application,
and analysis of fundamental economic concepts.
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
McConnel, C. and S. Brue, Economics, McGraw-Hill (2005)
Wheelan, Charles, Naked Economics: Undressing the Dismal Science, W.W.
Norton, People's Publishing (2002)
V Course Outline
First
Semester
Units of Instruction:
Unit 1: Scarcity and Opportunity Cost
Unit 2: Supply and Demand: the Price Discovery Mechanism
Unit 3: Business, Labor, and Theory of the Firm
Unit 4: Factor Markets
Unit 5: Public Finance
Major Assessments:
Unit Exams
Naked
Economics Quizes
First
Semester Exam
Second
Semester:
Units of Instruction:
Unit 6: Macroeconomic Indicators
Unit 7: AD/AS Model, AE Model, Business Cycles, and Fiscal Policy
Unit 8: Money, Banking, Monetary Policy
Unit 9: Macroeconomic Policy, Issues, and Analysis
Unit 10: International Economics and Economic Growth
Unit 11: Macroeconomics Project and Consumer Economics
Major Assessments:
Unit Exams
Naked
Economics Quizes
Consumer
Project
Consumer
Education Test
Test of
Economics Literacy
Second
Semester Exam
(Parents and students: please consult individual teachers for grading policies,
extra credit info, class procedures, etc.)
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