Economics
11th - 12th grade
This introductory A-G course is taught in way that makes an often dry subject engaging and applicable to real life.
Economics
This is a one semester class. The first section introduces basic economic concepts and institutions and their application in the American economy. Students will come to understand the economic decision-making processes of consumers, business firms, and the government. The second section of the course offers the opportunity to explore personal finance and equips students with tools and understanding to make wise financial choices. This section is divided into content areas which introduce basic concepts in cash flow, debt management, proper protection, asset accumulation, retirement planning, and wealth preservation.
Week 1 – Introduction to Economics
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Class expectations
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Policies and procedures
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Class project explanation
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Introduction to economics
Week 2- Markets
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How markets work
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Roles of supply, demand, and prices
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What causes market changes
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How markets can fail
Week 3 – Money
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What gives money its value
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How banking works
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Measures of inflation
Week 4 – Economics in the United States
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America’s economic past
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America’s economic future
Week 5- The Federal Reserve
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The role of the Federal Reserve system
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FED functions
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FED limits
Week 6 – Trade
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Benefits of trade
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Trade restrictions
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Free trade advantages
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Effects of imports and exports
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Currency exchange
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Quotas, tariffs, subsidies
Week 7 – Business
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Sole proprietorships, partnerships, LLCs and corporations
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Role of small business in economics
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Starting a business
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Profit and loss
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Business cycles in a free market economy
Week 8 – Increase Cash Flow
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Daily Expenditures
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Cost of living
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Wants vs. needs
Week 9 – Debt Management
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Understanding different types of debt
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What is a FICO score
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Interest rates
Week 10 – Building a Strong Financial Foundation
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Understanding the X curve
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Proper protection
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Emergency funds
Week 11 – Building Wealth and Asset Accumulation
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Rate of return and Rule of 72
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Risks
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Effect of taxes
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Effect of inflation
Week 12 – Retirement Planning/ Wealth Preservation
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Sources of retirement income
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Healthcare/Medicare
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Estate planning
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Final exam review
Week 13 – Civics Project
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Explanation of project
(Students will demonstrate a basic understanding of personal finance by completing a career report. This project will include selecting an occupation or start-up business and creating a realistic plan and budget.)
Week 14 – Economics and Personal Finance
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How economics and personal finances work together
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Review of final exam material
Week 15 – Final Exam and Project Presentations
High School Payment
475
One semester payment of $475
Valid for 4 months
Please make payment at the beginning of the semester
High School Quarterly Payment
237.50
Every 2 months
$475 per semester, 4 payments of $237.50
Valid for 8 months
High School Payment Plan
118.75
Every month
$475 per semester, 8 payments of $118.75
Valid for 8 months
High School Honors Payment
515
One semester payment of $515
Valid for 4 months
Please make payment at the beginning of the semester
High School Honors Quarterly Plan
257.50
Every 2 months
$515 per semester, 4 payments of $257.50
Valid for 8 months
High School Honors Payment Plan
128.75
Every month
$515 per semester, 8 payments of $128.75
Valid for 8 months
Class Materials
The workbook for this course is included in the cost of the class.
Lined paper and paper/pens in class
All other materials will be provided by the instructor
This class requires printing several materials at home. Please have paper and ink in your printer!