ECONOMICS – College Prep Fall Semester 2011-2012 Mrs. Nimmer Bridget_Nimmer@nicolet.k12.wi.us 371-8261 Welcome to a course that is as interesting and fun as it is relevant to your everyday life. Our semester together is going to cover several topics concerning microeconomic and macroeconomic principles as well introduce you to the tools of personal finance that you will able to apply immediately in your lives. My teaching philosophy is centered on meeting the learning needs of each individual student and therefore, I use a wide variety of teaching strategies and techniques to meet those very individualized needs. This includes writing, simulations, guided reading, direct instruction, small group work and assessments, individual portfolios demonstrating learning over time as well as field trips and bringing in other professionals and experts to share their experiences with you. I strive to make each student’s experience in my classroom as positive and successful as possible. Grading: Quarter 3: 40% Quarter 4: 40% Final Exam: 20% Within each Quarter: Homework and Daily In-Class Work: 40% Tests and Quizzes: 60% Grading Scale: lowest cut off for each grade is: A+ A AB+ 97 93 90 87 B BC+ C 83 80 77 73 CD+ D D- 70 67 63 60 Homework: Larger homework assignments and projects will be based on a point system that is relative to the level of difficulty of the assignment. Smaller homework assignments and in-class work will be checked for completion before being reviewed in class. Assignments attempted/completed to my satisfaction will receive a bonus point toward the unit test while assignments poorly or not attempted will have a point deducted from that unit test. Absences: It is YOUR RESPONSIBILTY to hand in assignments upon return from an absence and to find out what you missed in terms of class work and assignments. It is NOT acceptable to ask about the previous day(s) activities as the bell is ringing for class. Please be responsible for yourself by checking Skyward daily to find out what you missed and if possible, have ready to hand in when you return. Materials Needed: You should have received an Economics: Principles and Practices text (Glencoe-McGraw Hill; 1999 or 2005). These should be brought to class everyday in addition to a 3-ring binder and a pen or pencil. I will have packets for each unit that you will also need to bring every day and a binder is a great way to keep yourself organized. Enduring Understandings for Economics: Upon finishing a course in Economics, students will understand that: 1. All decisions are ultimately economic decisions. 2. Scarcity of resources forces individuals, businesses and governments to make choices about allocation that involve opportunity costs. 3. The choices that individuals, businesses and governments make are becoming increasingly influenced by the growing interdependence of the global economy. Essential Questions for Economics 1. Is there such a thing as a “free lunch”? 2. Is trade among individuals, businesses and governments always beneficial and desirable? 3. Who should produce goods and services and how should they be distributed? 4. What goods and services should the government provide? 5. How “laissez-faire” should a government be in an economy? 6. How do you measure a successful economy? 7. How should an economy create wealth? Overview: Unit 1: Intro to Economics Chapters 1, 2 and 19 3 weeks (Sept 23rd) Unit 2: Supply and Demand Chapters 4, 5 and 6 3 weeks (Oct 14th) Unit 3: Role of Government in the US Economy Chapter 9, 10, 11 and 12 2 weeks (Nov 11th) Unit 4: Measuring the National Economy Chapter 14, 16 and 17 2 weeks Unit 5: International Economics Chapters 18, 20 and 21 3 weeks (Dec 7th)) Unit 6: Personal Finance 5 weeks (On Final Exam) I Need to Go to My Locker!! ____________ Ms. Nimmer Fall 2008 I Need to Use the Bathroom!! ____________ Ms. Nimmer Fall 2008 I Forgot My Homework!! ___________ Ms. Nimmer 2008 My Forgot IFall Homework!! ___________ Ms. Nimmer Fall 2008