CIE3M Course Outline - YRDSB



The Individual and the Economy

Grade 11, University/College Preparation

Course Outline

|Course Information |

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|Course Code: |CIE3M |

|Credit Value: |1.0 | | |

|Teacher |Ms. Katyshev |Department: |Business Studies |

|Department Head: |Mr. Coates |School Board: |York Region DSB |

|Prerequisites: |Canadian History, Grade 10, Academic or Applied |

|Ministry Curriculum |The Ontario Curriculum Grades 11 and 12 | | |

|Policy Document |Canadian and World Studies | | |

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|Course Description |

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|This course examines the changing Canadian economy and helps students develop an understanding of their own role as economic agents. Students will |

|apply economic models and concepts to assess the roles of the various stakeholders in the Canadian economy and analyze the interactions among them. |

|Students will consider the economic behaviour of the individual as consumer contributor, and citizen in a mixed economy and will apply economic |

|inquiry, critical-thinking and communication skills to make and defend informed economic decisions. |

|overall Curriculum Expectations |

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|Economic Decision Making |

|By the end of this course students will: |

|explain how the scarcity of economic resources requires individuals and societies to make economic choices; |

|explain the principles of sound personal financial planning; |

|analyze trends in labour markets |

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|Economic Stakeholders |

|By the end of this course students will: |

|analyze the factors that influence consumer demand and satisfaction in the marketplace; |

|explain a variety of ways in which individuals (“producers”) contribute to the economy; |

|analyze the factors that affect the socio-economic position of people in Canada; |

|describe the economic rights and responsibilities of citizens |

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|Self-Interest and Interdependence |

|By the end of this course students will: |

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|explain how self-interest in a market makes consumers and producers interdependent; |

|describe ways in which governments in Canada intervene in the economy to balance the competing self-interests of stakeholders; |

|assess the extent, nature, and impact of Canada’s economic interdependence with other nations |

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|Economic Institutions |

|By the end of this course students will: |

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|identify the distinguishing characteristics of Canada’s economic system; |

|explain the functions of markets, profits, and the process of economic decision making in the private sector; |

|analyze the role and impact of government in the Canadian economy; |

|analyze the role and impact of organized labour in the Canadian economy |

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|Methods of Economic Inquiry and Communication |

|By the end of this course students will: |

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|use methods of economic inquiry to locate, gather, evaluate and organize information from a variety of sources; |

|analyze specific economic situations, using appropriate economic concepts, models and methods of economic inquiry; |

|communicate the results of economic inquiries, using appropriate economic terms and concepts and a variety of forms. |

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|Assessment and Evaluation |

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|Term Assessment/Evaluation—70% |

|Tests |

|Assignments |

|Projects |

|Seminars/Presentations |

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|Final Summative Evaluation—30% |

|Exam—20% |

|Culminating Activity—10% |

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|Total: 100% |

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|Assessment and Evaluation will be based on the Achievement Chart for Grades 11 and 12 Business Studies in the areas of Knowledge/Understanding, |

|Thinking/Inquiry, Communication and Application. Students are expected to demonstrate mastery of the curriculum expectations in the following |

|weighted categories: |

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|Knowledge & Understanding |

|20% |

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|Thinking/ Inquiry |

|20% |

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|Communication |

|10% |

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|Application |

|20% |

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|Knowledge/Understanding: knowledge of facts and terms, understanding of concepts, principles and theories, understanding relationships between |

|concepts |

|Thinking/Inquiry: critical thinking skill such as conducting analysis, detecting points of view and bias; creating thinking skills such as problem |

|solving using multiple perspectives; inquiry skills such as formulating questions, organizing and conducting research, analyzing, interpreting and |

|evaluating information, drawing conclusions |

|Communication: communication of information and ideas, use of symbols and visuals, oral communication skills and written communication skills |

|Application: effective use of technology and various mediums, as well as successful application of concepts, skills and procedures in familiar |

|contexts as well as new contexts |

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|TEACHING/LEARNING STRATEGIES: |

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|Lectures |

|Note Taking |

|TV/Video Presentations |

|Group Work |

|Mind Mapping |

|Brainstorming |

|Researching |

|Role Playing |

|Debates |

|Demonstrations |

|Socratic Questioning/Dialogue |

|Games/Simulations |

|Essay Writing |

|Journaling |

|Oral Presentations |

|Cooperative Learning |

|Graphic Organizers |

|Concept Maps |

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|STRATEGIES FOR ASSESSMENT AND EVALUATION: |

|The assessment and evaluation strategies employed will include the following: |

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|Tests |

|Oral Presentations |

|Checklist |

|Self-Evaluation |

|Quizzes |

|Written Assignments |

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|Group Checklists |

|Diagnostic Testing |

|Journal Writing |

|Role Playing |

|Teacher Observation |

|Conferencing |

|Peer Evaluation |

|Written Summaries |

|Project(s) |

|Research Process Checklists |

|Rubrics |

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|units of Study |

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|Unit Title |

|Enduring Understanding/Essential Questions |

|What students will be expected to learn & understand? |

|Summative Assessments |

|How you will demonstrate your learning? |

|(May be subject to change at the teacher’s discretion) |

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|1. The Nature of Economics and the Economy |

|How does the scarcity of resources affect the economic choices of individuals and societies? |

|How are the characteristics of Canada’s economic system distinguishable from other systems? |

|How do certain principles help in the management of personal financial planning? |

|Why do citizens have economic rights and responsibilities? |

|Unit Test |

|Applying Economic Concepts Assignment |

|Economics in the News Article Presentation (Ongoing throughout semester) |

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|2. Microeconomics |

|How do certain factors influence consumer demand and satisfaction? |

|How do individuals (“producers”) contribute to the economy? |

|How is the way in which the private sector makes economic decisions influenced/characterized by the functions of markets and profits? |

|How is the Canadian economy impacted by the government? |

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|Unit Test |

|Economics in the News Article Presentation |

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|3. Macroeconomics |

|How is the Canadian economy impacted by government? |

|How does the Canadian government intervene in the economy to balance the competing self-interests of stakeholders? |

|Unit Test |

|Dealing with an Economic Problem Assignment |

|Economics in the News Article Presentation |

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|4. Economic Decision Making |

|Why does the Canadian government intervene in the economy to balance the competing self-interests of stakeholders? |

|How have certain trends impacted the labour market? |

|How have certain factors affected the socio-economic positions of Canadians? |

|Unit Test |

|Economics in the News Article Presenation |

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|5.Global Economy |

|How is Canada’s interdependence with other nations impacted by certain characteristics? |

|Report on International Events Affecting Canadian Economy/International Trade |

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|Final Culminating Activity: |

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|Addresses all of the Enduring Understandings/Essential Questions listed above. |

|Economic Scrapbook |

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|Final Examination |

|Addresses all of the Enduring Understandings/Essential Questions listed above. |

|Multiple Choice & Written Response Final Exam |

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|Department policies/procedures/expectations |

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|Attendance: |

|Good attendance is essential if you are to be successful. Absenteeism adversely affects not only your progress, but the progress of the rest of the |

|class as well. There exists an extremely high correlation between attendance and good grades. Attendance is mandatory. The most essential learning |

|will be done during class time. Students will have extreme difficulty succeeding with a poor attendance record. In keeping with Westmount policy, if|

|absent, your parent / guardian needs to call into the school to excuse an absence the morning of the day you are to be away. If your parent does not|

|phone, you are marked truant and MUST go to the main office with a note from your parent /guardian, upon your return to school, and BEFORE class. You|

|will receive an admit slip from the main office which you will need to produce before you are admitted to class. |

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|Punctuality: |

|Being on time for class is essential. Lateness not only interrupts the class and the teacher – but will interfere with your learning as well. |

|Please be aware of class start times and make sure you are there. Upon your third late for class, you will be assigned a detention. The student |

|will be responsible for the work missed – not the teacher. |

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|Communication: |

|Strong communication skills (both oral and written) are crucial for success in the information-based society that we all live in today. You will be |

|made aware of the expectations in the area of communication prior to each activity and you will be evaluated on the basis of this criterion. All |

|work that is submitted is to be your own work and must adhere to the Academic Honesty Policy in your Student Handbook. |

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|Missed Test Policy: |

|Students will be informed of test dates well in advance (first day of classes). Students will be expected to write all tests scheduled. These tests |

|must be written on the dates stated. If a student has a legitimate reason for being absent, i.e. a school activity, he or she must notify the |

|teacher in advance and write the test the day after (either during the lunch period or after school), or the morning of the test. If a student is ill|

|the day of the test, he/she must see the teacher before the next class to make arrangements to write the missed test. A note from a physician |

|authorizing the absence must be provided prior to writing the test – otherwise, a grade of zero will be assigned. The student will not be allowed to |

|write the test during the next class period unless given special permission by the classroom teacher. Students who are absent due to prolonged |

|illness or have endured a personal loss within their family will be given special consideration. |

|Students who miss the test, for an invalid reason, will not be able to write a makeup test. The missed test will count as a zero. There are no |

|dropped marks within the Business Department. Please make every effort to be present when tests are scheduled. |

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|Late Assignment Policy: |

|In the business world, employees are often given due dates for projects. It is understood that these are deadlines. To prepare you for this type of |

|arrangement, late submissions will receive a mark of zero. If a student is absent from class on the due date, he/she must have the assignment |

|delivered to the teacher that day. If an assignment is not received on the due date, the assignment may be handed in during the next class, but an |

|authorized note from a physician must also be presented, explaining why you were unable to deliver the assignment to the school on the due date. |

|Acceptance of late work will be at the teacher’s discretion, based on compassionate grounds. If a student makes a habit of not handing in |

|assignments, the teacher will notify the parent/ guardian by telephone, explaining the unacceptable practice. |

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|Neatness & Completion: |

|Neatness is very important in business as careless and sloppy work can lead to unnecessary errors. Completion of all assigned work is an important |

|part of any course. New concepts will be studied in class and the student will have practical assignments to reinforce the new concepts. Homework, |

|therefore, is an important part of the course and the student will be expected to complete all homework assignments. These will be assessed / |

|evaluated periodically. Failure to complete homework may result in a loss of marks, or a grade of zero. |

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|Test/Assignment Grievances: |

|NO STUDENT can approach the teacher regarding problems with a test or assignment until 48 hours after the test or assignment has been handed back. |

|They must make an appointment with the teacher outside of class, at which time they must present corrections and their clearly defined argument as to|

|why they believe they deserve a higher mark. For mistakes due to adding errors, students can see the teacher after class. |

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|Respect: |

|Respect is expected and will be demonstrated at all times. This entails all interactions within the classroom and the school (between student to |

|teacher, teacher to student, student to student, student to school materials and property). RAISE YOUR HAND IF YOU WISH TO SPEAK – TALKING WHILE |

|OTHERS ARE SPEAKING WILL NOT BE TOLERATED. Respect for others is critical – discrimination or bullying will not be tolerated. You have a |

|responsibility to listen and learn, and to allow others to learn from the delivery of the material by the teacher. After being warned, you will be |

|asked to leave the room if you are causing a disruption to the deliverance of the material by the teacher or to the learning environment of others. |

|If asked to leave, you will be expected to go to the office and meet with a Vice Principal. |

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|(9) YOUR EDUCATION IS ULTIMATELY YOUR RESPONSIBILITY – YOU are responsible for YOU. Students have the right to pass, but they also have the right to|

|fail. This ultimately depends on the student themselves. You are expected to attend classes regularly, on time, complete all assignments by the due |

|date, write all tests on the designated day, and treat others with respect. Failure to do so may result in a loss of marks, or an assigned grade of |

|zero. |

|NO HATS, FOOD, POP, WATER, CELL PHONES, iPODS, BLACKBERRIES (OR ANY OTHER LITTLE DISTRACTING GADGET) ARE PERMITTED IN CLASS. A warning will be given |

|upon your first infraction. These items will be confiscated upon your second infraction, turned over to the main office, and will be returned at the |

|discretion of the teacher. |

|Use washroom facilities before and after class. Students leaving class during class time is disruptive – and will be permitted for emergencies only.|

|Washroom breaks will not be permitted during tests or exams. |

|Cheating and plagiarism will result in a grade of zero (this includes: copying others work on assignments or tests, permitting others to copy their |

|work, bringing any written material into a test / exam, or speaking during a test / exam). |

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TEXTBOOK RESOURCE:

Economics Now: Analyzing Current Issues (Oxford University Press, 2002)

Authors: Angelo Bolotta, Charles Hawkes, Rick Mahoney, John Piper; ISBN 0-19-541445-4

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