Economics - Ms. Edlund's Social Studies Classes



Ms. Edlund’s

Senior Economics Syllabus

Course Introduction: Economics is a course that will introduce the student to the study of economics. By the end of the course the student should have a basic understanding of economics: the free enterprise system; supply, demand, and markets; the labor market and personal finance; macroeconomic indicators and fiscal and monetary policy; and the effects of globalization.

Course Purpose: The purpose of all social studies education is to develop competent citizens. Economics seeks to enhance the students’ understanding of the global economic system.

Course Goals:

▪ Students will be able to describe scarcity and why people have to make choices.

▪ Students will be able to explain how demand and supply set market prices.

▪ Students will be able to describe the characteristics of the different types of market structures and analyze how those structures affect competition.

▪ Students will be able to explain the main economic goals for our country and how economic growth is measured.

▪ Students will be able to explain why nations trade with one another.

Required Text: Economics: New Ways of Thinking (2007), by R. Arnold.

Other Resources: Website:

Economic videos on YouTube:

Course Outline:

Unit 1 – Introduction to Economics

Chapter 1: What is Economics?

Chapter 2 - Section 1: Economics Systems

Chapter 3: Free Enterprise

Unit 2 – The Basics

Chapter 4: Demand

Chapter 5: Supply

Chapter 7 - Sections 2 & 3: Costs and Revenue

Chapter 6: Price: Supply and Demand Together

Unit 3 – Microeconomics

Chapter 8: Competition and Markets

Chapter 9: Labor, Employment, and Wages

Unit 4 – Macroeconomics

Chapter 11: Measuring Economic Performance

Chapter 12: Economics Changes and Cycles

Chapter 10: Money, Banking, and the Federal Reserve System

Chapter 13: Fiscal and Monetary Policy

Chapter 14 - Section 2: The Budget: Deficits and Debt

Unit 5 – Globalization

Chapter 2 - Section 2: Globalization

Chapter 15: International Trade and Economic Development

Ms. Edlund’s Contact Information:

Room: 203 Phone: (507) 932-4420 Ext. 1203 Email: ledlund@schs.k12.mn.us

Evaluation:

Grades: A 100 – 93 A- 92.9 – 90 B+ 89.9 – 87 B 86.9 – 83 B- 82.9 – 80 C+ 79.9 – 77

C 76.9 – 73 C- 72.9 – 70 D+ 69.9 – 67 D 66.9 – 63 D- 62.9 – 60 F 59.9 >

2 Weighted Categories:

Assignments/Daily Work – 40%

Test/Quizzes – 60%

Extra Credit: Will be available throughout the semester, watch for opportunities to be announced

Classroom Routines and Responsibilities:

• Materials: Come prepared to class with a writing utensil (pen or pencil), notebook, folder, textbook, positive attitude, and a water bottle.

• It is important that you come to class everyday prepared to participate and learn.

• If you are absent, it is YOUR responsibility to get your make-up work. You can check my webpage () or by checking the weekly schedule that is posted in the classroom.

Late Work:

• ALL Late Work must be turned in the day after the due date if any credit is to be received.

• Any homework handed in late will have its score reduced by 20%.

• All late work must be turned in to Ms. Edlund directly.

• Students who are absent will get a day for each day missed to finish work assigned while gone.

Tardy Policy:

Students in Economics are treated like college students. Tardies are not counted unless they start to become a problem. If a student is absent or tardy it is their responsibility to get the work they missed. Students may find classroom information on the “Weekly Schedule” board, the classroom Weebly, by asking another student, or by asking Ms. Edlund.

Electronics:

There is a ZERO TOLERANCE policy toward electronic devices that are disrupting the classroom’s learning environment.

SCHS CELL PHONE POLICY

Students may bring a cell phone to school. If the cell phone is heard or seen in the classroom, it will be confiscated for the day and a warning will be issued. If the student refuses to turn over the phone, or is disrespectful in doing so, a detention will be assigned. If you need to use your phone for any reason in the classroom, ask the teacher. Cell phones can be used to text in the hallways between classes and at lunches. If you need to use the phone to make a call, ask the teacher.

Plagiarism:

Plagiarism or cheating will not be tolerated in this classroom. defines plagiarism to mean, “to steal and pass off (the ideas or words of another) as one's own or to use (another's production) without crediting the source.” Any work, assignments or tests, which have been copied or plagiarized WILL NOT be accepted, a score of ZERO will be given and the student warned. If it is a continuing problem, parents and the office will be informed of the issue.

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