Free Enterprise Economics Syllabus Spearfish High School 2007-2008 Danielle Ligtenberg, Instructor dligtenb@spearfish.k12.sd.us (605) 717-1212 (W) (605) 717-3139 (H) Course Description This course will examine the United States economy and the students will gain an understanding of how mixed market economic systems operate. The course will focus on macroeconomic concepts and international economic concepts. Students will also research companies, examine market trends, and compete in the BHSU sponsored Stock Market Game. Unit 1 Fundamental Economic Concepts What is Economics? – Chapter 1 Economic Systems and Decision Making – Chapter 2 Business Organizations – Chapter 3 Unit 2 Microeconomics Demand – Chapter 4, Section 1 Supply – Chapter 5, Section 1 Prices and Decision Making – Chapter 6, Section 1 Unit 4 Macroeconomics: Policies Economic Performance – Chapter 13 Economic Instability – Chapter 14 The Fed and Monetary Policy – Chapter 15 Achieving Economic Stability – Chapter 16 Unit 5 International and Global Economics International Trade – Chapter 17 Comparative Economic Systems – Chapter 18 Developing Countries – Chapter 19 Global Economic Challenges – Chapter 20 Materials/Textbook Information Clayton, Gary E., Ph.D. Economics, Principles and Practices. McGraw Hill Glencoe: Columbus, OH. Course Requirements/Performance Descriptors South Dakota Economics Standards Grades 9-12 9-12.E.1.1. Students are able to compare the characteristics of the world’s traditional, command, market, and mixed economies. 9-12.E.1.2. Students are able to explain how scarcity and surplus affect the basic questions of what, how, how much, and for whom to produce. 9-12.E.1.3. Students are able to explain the role of money and the structure of the banking system of the U.S. 9-12.E.1.4. Students are able to explain the impact of labor and governmental policies on the economy of the United States. 9-12.E.1.5. Students are able to use graphs to illustrate changes in economic trends. 9-12.E.1.6. Students are able to explain basic elements of trade and its impact on the U.S. economy 1 Student Performance Objectives and Course Requirements Daily Assignments: Daily assignments include journal writing, “warm up” activities, map activities, participation in classroom discussions, and any other work designated as daily work. Stock Market Game: The students will break into teams and compete in the Stock Market Game sponsored by Black Hills State University. The students must complete a journal entry each class meeting including a news summary, current trade updates, and plans for next class. Business Plans: The students will write a business plan to submit to the South Dakota Banker’s Association competition. The business plan will be assessed as a unit project is a significant portion of the student’s semester grade. Exams and Quizzes: For each chapter the students will complete a chapter quiz. For each unit, the students will complete a unit exam. Class Procedures and Rules The rules for my classroom are simple but address a wide range of behaviors. 1. Respect all people and all property. 2. Please be on time and bring your laptop, textbook, paper, and a writing utensil to class every day. Laptop and Internet Procedures The students will use their laptops everyday in class for note taking, quiz completion, research, and word processing for writing assignments. As soon as students enter the classroom each student is required to connect to the teacher using SynchronEyes. The IP address for my computer is 172.16.4.7. I view the laptop as a learning tool and expect students to refrain from checking email, surfing the Internet, and playing games during instruction. Students may only access email, Internet and games when specifically authorized to do so. Violations result in disciplinary referral. Homework Procedures Most assignments are electronic and can be found in the Assignments folder in the shared drive network. Students are reminded to save those documents to their I-folder as the shared drive network is not accessible outside of school. Once the assignment is complete, students must ensure their work is saved to the Turnin folder in the shared drive network. Students are given class time to save their work to the correct folder. Assessment Plan Student assessment will be based on oral quizzes, vocabulary quizzes, and unit exams. Letter grades for the course are determined by the school wide-grading scale outlined below: 96-100 A 92-95 A89-91 B+ 86-88 B 83-85 B79-82 C+ 2 76-78 C 73-75 C69-72 D+ 65-68 D 60-64 D- Grade Rounding Policy: The percent grade as shown is Campus/Parent Portal is the percent is use to determine the student’s grade for my course. I do not round the percent up or down. Make Up Work Work is due on the assigned date at the beginning of class. If you miss an assignment due to an excused absence you have two class periods to hand in the missing assignment. Exams and quizzes should be completed prior to known absences. If you anticipate a class absence please see me in advance and remember—you are responsible to make sure you are aware of all assignments, due dates, missing notes and other class information. State Standards Upon completion of Economics, students will demonstrate the following State Standards: http://doe.sd.gov/contentstandards/ 3