INTRODUCTION TO ECONOMICS 12
ECONOMICS 12
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Microeconomics
Demand and Supply
 Using graphs to illustrate how demand and supply
curves shift
 Study the factors that affect demand and supply
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Macroeconomics
Economic indicators: GDP, GNP, Inflation,
Unemployment rate
 Financial crisis
 Macroeconomics & stock market
 Different types of economies
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BREAKDOWN BY TERM
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Term 1
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Term 2
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Introduction to Economics
Macroeconomic indicators: GDP, GNP, inflation, etc
Economic Systems (Ch 1)
Stock Market
Microeconomics: Demand and Supply
Graphs and curves (Ch 2-4)
Term 3
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Part of Chapter 5
Macroeconomics: Business cycles, Economic growth, Inflation,
Unemployment Rate, Currency, Fiscal Policy and Monetary Policy
Current Events & Economic Crisis
International trade
MAIN OBJECTIVES
Learn economic concepts that are taught at the
post secondary level
 Learn how to conduct research to further
understand how economics is applied in real
life
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PARTICIPATION
Be on time for classes
 No cell phone or earphone during lessons
 Participate in classroom discussions
 Staying on task
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CONTACT
pw_business@hotmail.com
 gllee@vsb.bc.ca
 Most of your PowerPoint notes & assignments
will be posted on the S:\hand out folder and on
website: pwbusiness.weebly.com
 You can look up any work missed
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