MARKETING ECONOMICS COURSE SYLLABUS Teacher: Room: Contact: Availability: Dr. Travis Mitchell 241 [email protected] Before and after school, fourth period every day. COURSE DESCRIPTION This is an introductory course in the study of Economics. This is a one semester course and is aligned to the Idaho Social Sciences Standards. Students will explore the basic fundamentals of economics with an emphasis on the free market principles of the American Free Enterprise system. A heavy influence will be placed on the microeconomic concepts of supply and demand, how they interact to determine prices and market structures. However, the course is weighed heaviest in terms of introductory macroeconomic concepts. Among the topics explored are economic growth and efficiency, measuring economic performance, the role of government in the economy, and international trade in a global economy. COURSE GOALS Active, successful student participation in the learning process. Learner-centered instruction. Evaluation and feedback on student progress. Varied instructional strategies, time, and materials. Continual communication between students, parents, and teacher. Improvement of academic performance for all students. Class grade average percentage of 85%. COURSE TOPICS Unit 1 Economics and Choice The Economic Way of Thinking Economic Systems The American Free Enterprise System Unit 2 Market Economics at Work Demand Supply Demand, Supply, and Prices Unit 3 Partners in the American Economy Types of Business Organizations The Role of Labor Unit 4 Money, Banking, and Finance Money and Banking Financial Markets Bonneville High School ~ 2014-2015 Unit 5 Measuring and Monitoring Economic Performance Economic Indicators and Measurements Facing Economic Challenges Unit 6 The Role of Government in the Economy Government Revenue and Spending Using Fiscal Policy The Federal Reserve and Monetary Policy Unit 7 The Global Economy International Trade Issues of Economic Development COLLEGE CREDIT OPPORTUNITY College credit is available for this course through Eastern Idaho Technical College. To qualify for 3 college credits each student must first enroll in the Tech Prep program, earn at least a B in this course, and pass a final given by EITC. EITC will send you a letter at the end of the year about how to transcript the credits. Each credit costs $10 GRADING PLAN Homework 45% Tests 45% Mid-term and Final 10% Grade Total 100% HOMEWORK SCORING RUBRIC 100% of points possible 90% of points possible 80% of points possible Product shows good effort. Turned in on time. Handwriting is legible. Used complete sentences. Work is correct. Product shows effort. Turned in late. Handwriting is legible. Used complete sentences Work is mostly correct. Product shows effort. Turned in late. Handwriting is barely legible. Used sentences. Work has several errors. 70% of points possible Product shows little effort. Turned in fairly late. Handwriting is barely legible. Used sentences. Work has a fair number of mistakes. 60% of points possible Product shows hardly any effort. Turned in very late. Handwriting is illegible. Work is incorrect. MID-TERM AND FINAL EXAM This course will have a mid-term, covering the first half of the material, and a final, covering the second half of the material. Both tests will have 50 multi-choice questions. Questions from personal finance lessons will not be included in either the mid-term or the final. FORMATIVE ASSESSMENTS From time to time, to determine the level of understanding, students will be assigned quizzes, essays, and readings. Another assessment will be completion of an Exit Ticket at the end of class. Each of these is important in forming an opinion of whether more study is required or if the class can move on to the next concept. ATTENDANCE New concepts will be introduced every day; you can fall behind quickly if you have issues with attendance or tardiness. Class starts on time, students are tardy when they are not in their seats ready to learn at the bell. CLASSROOM RULES OF CONDUCT Expectations Be ready to learn – Class will start on time; be ready to engage in learning at the bell. Be a good friend – Be willing to help if you notice a neighbor struggling with a concept. Say please and thank you – Good manners lead to good friends. Follow directions – Listen to directions when they are given the first time. Take risks and make misteaks – Be willing to try, even at the risk of being wrong. Let yourself get started, then adjust as you go along. Try new things – Much of what you will learn will be new information or original learning. You have to start somewhere, don’t hesitate. Raise your hand – To keep good order in the class, raise your hand to ask for a turn. Chaos is very harmful to learning and will not be tolerated. Work hard – Do yourself a favor and learn to work hard. Consequences Personal time – You and I will take a moment to resolve the issue. Family time – Continued disruption of learning time will bring a parent or guardian into the discussion about your behavior and how to resolve the problem. Time out – You may be assigned detention or Saturday School, even suspended. Out of time – You may be removed from this class for continuous disruption. TECHNOLOGY Technology may be accessed only when permission is given. Otherwise all devices should be put away during class time. You may listen to music when working on homework, but may not have music while taking a test. Devices may be taken away if they distract you from your work. EMERGENCY PROCEDURES When the fire alarm rings, leave your personal items and exit the classroom in an orderly and calm manner. The fire exit is to the right, just past the art room to the outdoor staircase. There are two doors at that exit, please use both. Our class will meet behind the double row of cars to take roll. When returning, use the doors on the bottom floor as the upper doors are not keyed for entry. During a lock down, move to the back of the classroom next to the closet door. Sit quietly on the floor and remain silent until an office staff person opens our door to give us the all clear. If we have an earthquake, drop to the floor under your desk. It will protect you from small falling debris.