Textbook: Clayton, Gary E. (2005) Economics: Principles and Practices, Mcgraw-Hill/Glencoe

Textbook: Clayton, Gary E. (2005) Economics: Principles and Practices, Mcgraw-Hill/Glencoe

ECONOMICS

COURSE SYLLABUS

TEXTBOOK: CLAYTON, GARY E. (2005) ECONOMICS: PRINCIPLES AND PRACTICES, MCGRAW-HILL/GLENCOE

The purpose of this course syllabus is to ensure each student the opportunity to successfully complete the requirements for Economics. Because this course is required for graduation, it is important that each student be familiar with the contents of this syllabus. Please read the entire syllabus carefully. If you have any questions, please ask. Each student is to sign the syllabus on the appropriate line below. Parents should also read and sign the syllabus. This document is to remain in the front of the student’s economics notebook for the entire nine weeks. Please feel free to contact me via email at –

Student Signature______

Parent’s Signature______

Parent email address______

I.Course Description

Twelfth-grade economics is a required nine-week study of the workings and institutions of modern-day economic systems and economic theory. Students apply the knowledge and understanding acquired in their study of economic factors over time to their study of contemporary problems in economics. Topics of study include basic economic concepts, market participants, and macroeconomic concepts and controversies.

II.Overall Course Objective

We live in a complex world. Individuals face choices every day. The study of economics and the economic way of thinking gives individuals the power to draw correct conclusions about what is happening in the world and, as a result, enables them to make better decisions about career, education, financing, and other areas. An understanding of economic analysis can help increase the competitive edge for an employee or an owner of a business. The principles studied in this course are the same that many socialist politicians and theorists are now seeking to embrace in light of the revolutionary events in the former Soviet Union and Eastern Bloc nations at the beginning of the 1990’s. Rapid advances in telecommunications have globalized certain economic institutions and have created rapidly growing world markets. The economics program at Enterprise High School is designed to help students achieve the understanding necessary for them to make better decisions, gain a competitive edge in the world of work, participate in the global economy, and enjoy a more meaningful life. The economics program at Enterprise High School is designed to create better citizens.

III.Course Outline

  1. Introduction
  2. The Nature of Economics
  3. Scarcity
  4. Economic Systems
  5. Demand and Supply
  1. Market Participants
  2. The Role of Business
  3. Workers and Consumers
  4. The Role of the Government

III. Macroeconomic Concepts and Controversies

  1. Money and Banking
  2. Managing the Economy
  3. The Global Economy

IV.Derivation of Grades

All assignments in this course will be worth 100 points. There are two categories of grades. Major assignments are weighted at 60% and daily assignment at 40%. Assignments may include but are not limited to:

Worksheets

Vocabulary definitions

Quizzes (announced and unannounced)

Major tests (unit tests and vocabulary tests)

Independent research assignments

Current events

Notebooks

V.Make-Up Work

In the case of an absence, each student is responsible for obtaining homework assignments from a fellow student. Missed homework assignments are due the first day a student returns to school. Homework not turned in at this time will be considered late. Exams missed due to excused absences are to be made up either before or after school in the week the student returns to school. Students must make an appointment with the teacher. In the case of an extended absence due to illness, the student may have time to obtain notes from fellow students and must make-up the exam missed the following week. Any student failing to make-up a missed exam within the specified time period will receive a zero for that exam. Exams missed due to school related activities should be taken prior to the absence. Students, who fail to notify the teacher of such absences, will receive a zero for this exam.

VI.Homework

The purpose of homework is to reinforce what the student has learned in class and to give the added practice of skills. It is extremely important for students to complete homework assignment as it is of great value in preparing for the exam.

VII.Notebooks

Students are required to maintain an economics notebook. Notebooks are to be three ring binders, which hold loose-leaf paper. Notebooks will be graded at least once in the nine-week grading period for a major grade.

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