Teacher: Ms. Frank Room: 208 Subject: Economics Email: Kristina.Frank@lcps.org Class Materials, Procedures and Expectations 2015-2016 Materials Needed: pencils/pens 2+ inch 3-ring binder, with at least 8 dividers notebook paper Class Description: This course provides an understanding of the basic principles, concepts, terminology and policies in economics. The primary focus is on the American economic system and its relationship to the goals and values of the American society. Attention is given to a basic understanding of the principles of the free enterprise system and its necessary limited government regulation. An awareness of macroeconomics and economic analysis and reasoning through the examination of such topics as scarcity, production, the market system, the essential characteristics of capitalism, supply and demand, business, labor, money and banking, the measurement of economic activity and government economic policy. Also, the relationship of government and economics will be described in terms of multiple types of economic systems. Quarterly Grades: Quarterly grades for this class are calculated as follows: Tests, Quizzes and Projects………75% Homework and Classwork…….……..25% Please be aware that extra credit is not offered in this class. Make-Up Work: The homework assignments for this class will be posted in the Phoenix gradebook, which parents and students may access through ParentVUE and StudentVUE. Both parents and students also may sign up to receive text messages about assigned homework through Remind.com. Students who miss class are responsible for picking up work missed in class from me and for complying with the instructions attached to the work. Late Work Policy Projects: Every project is due at the start of class on its assigned due date. A project must be fully complete and submitted on time in order to avoid a late penalty, which is a 10% reduction of the project's grade per each school day (not class) it is late. Homework: Homework is due at the start of class on the assigned due date. Homework must be fully complete and submitted at the start of class in order to avoid a late penalty, which is a 50% reduction of the grade for the homework assignment if submitted by the next class. Help Before and After School: Students are welcome to meet with me for extra assistance, by prior arrangement, before or after school. Students also may e-mail me with any questions or concerns.