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- General Course Information
- CP Economics Syllabus
Social Studies Department
- CP Economics
A period: Economics (Room 161)
B period: Plan/Prep
C period: Plan/Prep
D period: Economics (Room 161)
E period: Economics (Room 161)
F period: Economics (Room 161)
G period: Lunch
H period: Economics (Room 161)
Voicemail: extension 2847
Course Description This course is designed to introduce students to both Macro and Micro-Economics. The course examines the different economic systems that exist in today’s world, with special emphasis placed on the mixed economy of the United States. Further topics of study include the principles of supply and demand, business organization, labor, finance, GDP, employment, fiscal and monetary policy, budgeting, and the United States’ role in the greater world economy. This course is designed to provide students with a background in economic principles.
Topics of Study
- What is Economics?
- Three Key Questions
- Scarcity and Factors of Production
- Economic Systems / American Free Enterprise
- How Different Systems Work
- Command, Mixed, Traditional, Market
- Business Cycles and GDP
- Supply and Demand
- Prices and Market Structure
- Pure Competition
- Monopolistic Competition
- Types of Monopolies
- Regulation and Deregulation
- Business and Labor
- Unions’ History and Practice
- Sole Proprietorships
- Types of Corporations
- Money and Banking
- Characteristics of Money
- Deposit Multiplier
- FED, Monetary Policy
- Saving and Investing
- Other Investments
- Government and Fiscal Policy
- Budgetary Process
- Deficit, Surplus, Debt
Tests and Projects: 40%
Classwork, Homework, and Discussions: 25%
Semester Grading Criteria
Each quarter grade is worth 40% of the final average, with the semester exam accounting for the remaining 20%. Successful completion of the class earns a ½ credit toward the graduation requirement.
Attendance Policy (from Student Handbook)
Attendance in class is an essential part of the learning process. When students are absent, there is an academic consequence. During any given quarter, a student may accrue up to five absences from the class before he/she will earn an administrative failure for that quarter. Three tardies will equal one absence; being more than 20 minutes late to class will be considered equal to one absence. Further details and conditions of the LHS attendance policy can be found on pp. 23-24 of the Student Handbook.
Make up work/Late Work Policy
Assignments should be completed on the due date to receive full credit. Any late homework will be penalized at rate of 10% per day late. Make-up work is the student’s responsibility and must be completed within five school days of the student’s return to school. Students need to see the teacher to arrange a make-up place and time.
Academic Integrity Policy (Cheating and Plagiarism)
We, as members of the Londonderry High School community, value personal integrity and believe that all forms of cheating and/or plagiarism are not socially acceptable and will not be tolerated.
See “Plagiarism, Cheating, Improper Use of Technology” on p. 40 of the Student Handbook. Penalties for plagiarism and/or cheating may include zero credit, reduced credit, and/or mandatory revision of the work in question.
-The course text is Economics: Principles and Action (2005 ed.) by O’Sullivan and Sheffrin. Students should be prepared to bring text to class every day.
-Students must have a 1" three ring binder with subject dividers. All work issued will be kept here and will be checked throughout the semester for a grade.
Phone Extension: 2847
*Though email is the most convenient form of communication, I will return all phone messages within 24 hours.
Competencies in Economics
Economics is a required semester long class taken during a student’s junior year.
During the course of the semester, students will be asked to exhibit proficiency in four areas of study in order to show that they have understood key Economic concepts.
No student shall receive credit for Economics without satisfactorily completing the assessments tied to the competencies on the following page.
These Competencies deal with the key issues of:
Supply and Demand (Chapters 4, 5, 6)
Monopoly Power (Chapter 8)
The Business Cycle (Chapters 3 & 9)
- Each competency assessment will follow the completion of the relevant class unit, and will be a culmination of many smaller and similar activities.
- The timing of competency assessments will be clearly designated, and class time will be set aside for completion. Due to the important nature of these assignments, no take homes will be allowed.
- Students missing the competency assessment on the date it is given, must schedule a time to complete the assignment (as per student hand book ).
- Assessments will be graded, but for the point of record keeping, a grade of pass or fail will be entered into X2.
- Students will be allowed to see their graded assessments, but will not be allowed to keep them. All graded X2 assignments (pass or fail) will be kept by the administering teacher until the completion of the academic year.
- Students who do not pass the Economics’ competency on their first attempt will be given many opportunities to revise, review and reattempt the competency.
- These opportunities may include, but are not limited to:
- Time scheduled after school
- Inclusion of competency assessment as part of a unit exam.
- Inclusion of the competency assessments on final exams.
- All Economics teachers will provide varied assessments, and students of one teacher may be able to schedule competency revision or make up with a teacher other than their regular classroom teacher. Times and availability will be announced.
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