COURSE DESCRIPTION: This is a required semester course that includes the study of Economics focusing on basic concepts of production, distribution and consumption and how they apply to the American mixed-economy. In addition different economic systems used throughout the world will be examined. Taxes and personal finance will also be introduced.

 

TEXTBOOKS: Prentice Hall: Economics (Must be covered.)

 

GRADING:

  Marking Period Grades

  Homework: 5-15 Points

  Class Participation: 10 points per week

  Quizzes: 20 points

  Tests: 100 Points

  Projects: 50-100 Points

  Semester Grades

  Marking Period 1: 28.6%

  Marking Period 2: 28.6%

  Marking Period 3: 28.6%

  Final Exam: 14.2%

 

MAJOR UNITS AND TOPICS

• Unit 1: Introduction to Economics
  • Chapter 1: What is Economics?
  • Chapter 2: Economic Systems
  • Chapter 3: American Free Enterprise
• Unit 2: How Markets Work
  • Chapter 4: Demand
  • Chapter 5: Supply
  • Chapter 6: Prices
  • Chapter 7: Market Structures
• Unit 3: Business and Labor
  • Chapter 8: Business Organizations
  • Chapter 9: Labor
• Unit 4: Money, Banking, and Finance
  • Chapter 10: Money and Banking
  • Chapter 11: Financial Markets
• Unit 5: Measuring Economic Performance
  • Chapter 12: Gross Domestic Product and Growth
  • Chapter 13: Economic Challenges
• Unit 6: Government and the Economy
  • Chapter 14: Taxes and Government Spending
  • Chapter 15: Fiscal Policy