Economics Syllabus Molly Primm Room: G-200 Email: primmm@ltisdschools.org Phone: 512-533-5833 Course Description: Economics is a one semester course emphasizing the principles and beliefs upon which the economic systems of the world operate. Students analyze major concepts of free enterprise (capitalism), free markets, command systems, and developing markets. The role of individuals, businesses, and government are all examined in this course. Other economic systems are discussed in a comparative model. Students are expected to be able to analyze the impact of individuals, groups, politics, and media upon the US economic system. During the course, economic models and graphing will be used to highlight principles and effects of economic decision making. Textbook: Clayton, Gary, Glencoe/McGraw-Hill (New York, New York, 1995) Course Outline: Unit 1: Ch. 1 – What is Economics? pages 4- 29 Ch. 2 – Economic Systems and Decision Making pages 32-55 Ch.17, Sec. 1 & 2 – International Trade pages 466-480 *TEST* Unit 2: Ch. 3 - Business Organizations pages 56-83 How the Stock Market Works *TEST* Unit3: Ch. 4 – Demand pages 88-111 Ch. 5 – Supply pages 112-133 Ch. 6 – Prices and Decision Making pages 136-159 Ch. 17, Sec. 3 – Exchange Rates pages 481-489 *TEST* Unit 4: Ch. 7 – Market Structures pages 162-187 *TEST* Unit 5: Ch. 11 – Money and Banking pages 284-311 Ch. 15 – The Fed and Monetary Policy pages 406-435 *TEST* Unit 6: Ch. 13 – Economic Performance pages 340-373 Ch. 2, Sec. 3 Evaluating Economic Performance (Review) pages 41-45 Ch. 9, Sec. 2 and 3 –Federal, State, and Local Tax Systems pages 231-243 Ch. 16, Sec. 3 – Stabilization Policies pages 447-455 *TEST* Unit 7: Ch. 12-Financial Markets pages 312-337 Personal Finance and Consumer Economics *TEST* Course Policies: Attendance & Tardies: Every student is expected to be in class and on time each day. Absences and tardies will be recorded each class period. Assistant principals will deal with all excessive tardy issues. Please see the online Student Handbook to familiarize yourself with LTISD and LTHS campus policies. Required Materials: A box of Kleenex A spiral specifically for kept organized neatly in a binder or folder, Black or blue pens Pencils Textbook Cell Phone & Electronics: Use of electronic devices and phones are strictly up to teacher discretion. The teacher will make it clear to the students when it is/is not appropriate to have the cell phone in view during class. Text messaging, gaming, use of camera, video, or voice-mail will result in immediate disciplinary action. If such use should occur during testing, the student will also be held responsible for academic dishonesty, regardless of the messages being sent or received. Quizzes: You will be taking weekly vocabulary/material presented quizzes. Quizzes will be calculated as part of the quizzes/daily 40% category. If you should miss a quiz, follow the guidelines in the student handbook. Tests: Tests will/may be a combination of multiple choice, true and false, short answer, or essay. Tests are worth 60% of your grade. Please be prepared for each test…don’t wait until the last minute to study! If you should miss a test, again, refer to the student handbook. Late Work: 1 class session late = 85, 2 class sessions = 70, 3 class sessions = 50 Make-Up Work: Make-up work for absences will be the responsibility of the student. One day for each day absent is allowed for turning in make-up work. Major tests must be made up within one week of returning to school. Class Participation: Each student is expected to make positive contributions during class discussions. Each student is required to participate in classroom activities resulting in any type of assessment. Academic Dishonesty: Academic dishonesty of any kind will result in disciplinary actions. *plagiarism *copying any academic work from another student *sharing homework or other required assignments *sharing or use of information through electronic devices Grading: Economics grades will be calculated as follows: 60% from tests and other major assignments 40% from daily work, quizzes, homework assignments etc. Grades will be posted weekly and may be accessed through Parent Connect. Homework: All homework, presentations, and handouts will be available on my LTHS Teacher website. You can also access our class text book from the Portal button on the right on our high school website. Support Services: Times for tutorials and make-up will be set up by the student and teacher. I am available to tutor students Monday-Friday from 8:00 to 8:45 am and after school by apt. . This is going to be a great year! I look forward to working with all of you. Ms. Primm