Course Description: This course is designed to meet high school graduation requirements and prepare students for college-level social studies courses. The focus of the course is on four major economic themes: Microeconomics, Macroeconomics, Economic Systems, and International Trade. The course will emphasize personal finance throughout these four themes. A focus on student interaction in the economy will prepare students for a successful and productive financial future.
- Help students develop cooperative learning skills by participating in cooperative learning activities
- Help students to get involved in the learning process by participating actively in class.
- Provide students with challenging and enjoyable learning experiences
- Develop an economic vocabulary.
1. Why Should I invest in Human Capital?
- Labor Markets/Careers and Jobs
- Wages, Salaries, and Minimum Wage
- Income Distribution
- Personal Budgeting with taxes
- Standards: Economic Standard 1; Personal Finance Standard 1 and 2
2. How Does a Market Economy Facilitate Interdependence?
- Measuring the Health of the Economy
- Business Cycles
- Inflation and Unemployment
- Standards: Economic Standard 2
3. Why are there Taxes?
- Taxes: Federal, State, Local
- Fiscal Policy and the Federal Budge
- Standards: Economic Standard 2
4. How is Money Created?
- Federal Reserve System and Role of Banks
- Monetary Policy
- Interest Rates
- Payment Options/Mechanics of Money
- Standards: Economic Standard 2; Personal Finance Standard 2
5. Why Should I Save and Invest?
- Compounding the Works for You
- Saving and Investing Options
- Relationship Between Risk and Return
- Standards: Personal Finance Standard 3
6. International Trade: How are Trade Patterns Established?
- Comparative and Absolute Advantage
- Distribution of World’s Resources
- Trade Policies
- Political Stability
- Economic Development
- Standards: Economic Standard 4
7. How Does Credit Impact Businesses and Individuals?
- Sources of Credit
- Costs and Benefits of Using Credit
- Credit Worthiness and Consumer Responsibility
- Standards: Personal Finance Standard 2
8. What is the Consumers Role in the Economy and How Can Assets be Protected?
- Transportation and Housing
- Consumer Rights and Responsibilities
- Guarantees and Warranties
- Insurance: Life and Health
- Frauds and Scams
- Standards: Personal Finance Standard 4
Basic Course Materials: The following is a required list of materials needed for this course:
- Three Ring Binder with Four Dividers
- Blue/Black ink pens or pencils
- CHARGED iPad
Marking Period Grades will be based on the following point system:
- Tests/Projects/Notebook 50-200 Point
- Quizzes 20-50 Points
- Assignments 5-50 Points
- Journal Entries 5 Points Each
- Notebook 100 Points
Binder Requirements: You are required to have your binder with you for each class period.
Binders will be divided into 3 sections:
- Class notes
- Assignments (Classwork, Homework, Tests, etc)
- The syllabus should be the first page of your notebook including the signature page
- Each section must have dividers, be labeled, and in order
- All work and notes must be in the correct section
- All work must be included
- Points will be deducted from your notebook’s final grade for failure to meet these requirements
Rules & Procedures
Classroom Expectations and Guidelines: All School Rules Apply in This Class! Students will be expected to follow the school code of conduct at all times. In addition students are expected to abide by the following guidelines:
- Attend class regularly, keep your head up, and pay attention
- Only blue or black ink or pencil will be accepted
- Come directly to class and only request to leave in an emergency.
- When you enter class look at the front board for instructions. Log onto schoology and click on the daily agenda. Answer the journal in a complete sentence. If your absence is excused, you have one week to answer the question.
- Follow instructor’s requests
- Late work is unacceptable (MUST have a blue slip)
- Students should only work on economics work while in this class
- Bathroom Policy: you may go to the bathroom at an appropriate time (when the teacher is not talking) twice per period, make sure you sign out, and take a pass. If you are late you are not allowed to leave. If you do not sign out your bathroom privilege will be revoked for a week. If you abuse the privilege (wandering the hall, hanging out with friends, etc) it will be revoked until further notice.
- No beauty work
- Remain seated and wait to be dismissed by the instructor
Consequences: If students fail to meet the expectations listed above a teacher/student conference will be requested. If the behavior continues a parent or guardian will be contacted and the student will be written up.
Incentives: Students will be recognized for appropriate behavior and or parents will be contacted. Students who follow the above guidelines will be eligible for PBS Student of the Month