Economics Syllabus – Today and Tomorrow
Teacher: Melissa Davis
Student: ______________________
Book # _____
Objective: To understand the structure of different types of economic systems and the
principles that govern them.
Classroom Expectations:
- Respect Yourself, Respect Others, Respect Property
- Come to class on time and ready to learn
- Meet your weekly goals as set by you and your teacher
Unit 1 – Basic Concepts 9-12.3.1
 Circular Flow
 Inflation/Recession
 Opportunity Cost
 3 Basic Questions
 4 Factors of Production
 Micro and Macro Economics
Chapter 1 – What is Economics?
- Chapter 1 Assignments – __________
Alternative - __________
- Chapter 1 Test - __________
Unit 2 – Demand 9-12.3.1
 What is Demand?
 Demand curve/ schedule
 Law of Demand
 Change in Demand
 Change in Quantity Demanded
Unit 3 – Supply 9-12.3.1
 What is Supply?
 Law of Supply
 Theory of Production (inputs, outputs, price)
 Change in Supply
 Change in Quantity Supplied
 Equilibrium Prices
Chapter 7 – Supply and Demand
- Chapter 7 Assignments – __________
Alternative - __________
- Chapter 7 Test – __________
Unit 4 – Business Organizations 9-12.3.1
 Types of Businesses (proprietors, partnerships, corporations, cooperatives)
 Other business activities (mergers, multinationals, conglomerates, non-profits)
Chapter 8 – Business Organizations
- Chapter 8 Assignment - __________
Alternative - __________
- Chapter 8 Test - __________
Unit 5 – Money and Banking with the Federal Reserve 9-12.3.2
 What is Money?
 How it works?
 History of Money – short
 Gold Standard/Silver Standard
 Banking (organization, how to make profit, FDIC)
 What the FED does?
Chapter 14, and 15– Money and Banking /
The Federal Reserve System and Monetary Policy
- Chapter 14, and 15Assignments - __________ Alternative - __________
- Chapter 14, and 15 Test - __________
Unit 6 – Investing and Saving 9-12.3.2
 Saving - insured
 Types of accounts (saving accounts, CD’s, savings bonds)
 Investing – not insured
 Types of accounts (stocks, bonds, mutual funds)
Chapter 6– Saving and Investing
- Stock Market Activity – __________
Alternative - __________
- Chapter 6 Assignments –__________
- Chapter 6 Test - __________
Unit 7 – Credit 9-12.3.2
 Credit Cards
 Credit Report/ratings
 Types of Interest (compound, simple)
Chapter 3, 4, and 5 – Your role as consumer /
Going into debt / buying the Necessities
- Chapter 3, 4, and 5 Assignments - __________ Alternative - __________
- Chapter 3, 4, and 5 Test - __________
Unit 8 – Taxes and Government Spending 9-12.3.4
 Government Spending
 Deficit and Debt
 Levels and Types of Taxes (income, property, sales)
Chapter 16 - Government spends, collects, and owes
- Tax Preparation Activity - __________
- Chapter 16 Assignments - __________
Alternative - __________
- Chapter 16 Test - __________
Unit 9 – Comparative Economic Systems 9-12.3.3, 9-12.3.5
 Communism – Russia and China – high cost of production
 Socialism – Karl Marx, Sweden
 Capitalism – Japan compared to U.S., Asian Tigers (Korea, Hong Kong)
 Mixed Economies
Chapter 2 – Economic Systems and the American Economy
- Chapter 2 Assignments – __________
Alternative - __________
 Chapter 2 Test - __________
Thought Questions
Classroom Blogging
- Thought Question 1 – __________
- Blog 1 - __________
- Thought Question 2 – __________
- Blog 2 - __________
Course Pretest - __________
Course Final Test - __________
Additional materials: Won’t be included on the Final
-
-
-
Chapter 11 and 12 – Marketing and Distribution/
The American Labor Force
Chapter 11 and 12 Assignments –__________
Alternative:
Chapter 11 and 12 Test - __________
_______________
Chapter 9 – Competition and Monopolies
Chapter 9 Assignments – __________
Alternative:
Chapter 9 Test - __________
_______________
Chapter 13 and 17 – Measuring the Economy’s Performance /
Stabilizing the National Economy
Chapter 13 and 17 Assignments – __________
Alternative:
Chapter 13 and 17 Test - __________
_______________
Chapter 18, 19, and 20 – Trading with Nations,
Developing Nations, and Multinationals
Chapter 18, 19, and 20 Assignments - __________
Alternative:
Chapter 18, 19, and 20 Test - __________
_______________