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Course
Syllabus
Course Name: Economics -
Honors
I Course
Information
Course
Number: 1732
Level: Honors
Department: Social Science
II Course Description
Prerequisite: U. S. History
Open
to: Seniors
Length:
1 Year
Credit:
1
Summary: The three areas of concentration in the course are: 1)
microeconomics, covering scarcity, how prices and wages are determined, and
the organization and operation of business, 2) consumer economics,
including car buying, insurance, savings and investing, credit budgeting,
consumer protection legislation, purchasing, 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. The student will be
expected to demonstrate: 1) above average mathematical skills including the
ability to calculate percentages and use simple algebra; 2) the ability to read
and use simplified statistical and graphical information, and 3) reading skills
at least at the twelfth 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 change
IV Textbooks and Materials
Mankiw,
N. Gregory, Principles of Economics, South-Western/Thomson Learning
(2007)
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: Introduction to the Economic Problem
Unit 2: A Market Economy - Supply and Demand
Unit 3: The Organization of American Business
Unit 4: Microeconomics Project
Unit 5: Public Finance
Major Assessments: Unit Exams
Naked
Economics Quizes
First
Semester Exam
Second
Semester:
Units of Instruction:
Unit 6: Macroeconomics Indicators
Unit 7: AD/AS Model, Fiscal Policy
Unit 8: Money, Banking, Monetary Policy
Unit 9: Macroeconomic policy, issues, and analysis
Unit 10: International Economics
Unit 11: Macroeconomics Project and Consumer
Economics
Major Assessments: Unit Exams
Naked
Economics Quizes
Measuring the Economy
Test of
Economics Literacy
Consumer
Education Test
Consumer
Education Project
Second
Semester Exam
(Parents and students: please consult individual teachers for grading policies,
extra credit info, class procedures, etc.)
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