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Instructor:

 

 

Course Overview:
In this course, students will study basic, practical economic concepts within the framework of the personal, local, national, and international settings to help each student better understand his/her contemporary world.
Through the examination of a variety of topics students will be able to analyze economic activity, identify recurring problems, and make reasoned, objective judgments about current issues.
I believe that students graduating from high school should have some background in economics as it relates to their personal lives as well as at a societal level. Each student should have a fundamental understanding of consumer economics, business economics, finance and investment economics, and the role of government in economics.
Enduring Understandings for Course:

  • People have to make choices between wants and needs and evaluate the outcomes of those choices.
  • Economic Systems approach decisions regarding scarcity in differing ways.
  • Governments have specific roles within the economy.
  • All individuals, businesses, and societies face some common economic issues and problems.
  • Students must use critical reasoning skills to analyze and evaluate positions.

Essential Questions for Course:

  • What are the fundamentals of economics?
  • How do one’s choices affect local, national, and global economies?
  • How do government and market policies affect one’s standard of living?
  • How do personal financial decisions affect one’s standard of living?

Established Goals/GLEs:

Standard One:


Students will understand and analyze the costs and benefits of decisions they make as well as decisions in companies, industries, communities, and governments.

Standard Two:

Students will analyzes and evaluate the advantages and disadvantages of different economic systems.

Standard Three:

Analyzes and evaluates the effects of specialization on global trade.

Standard Four:

Evaluates the role of the U.S. government in regulating a market economy.

Standard Five:

Evaluates the costs and benefits of governmental fiscal and monetary policies.

Standard Six:

Analyzes and evaluates how individuals affect and are affected by the distribution of resources and sustainability.