Year At A Glance Social Studies
Grade: 12 - Economics
(Fall and Spring semester)
Process Standards
Ongoing
TEKS
Assessments
E.22.A analyze economic information by sequencing, categorizing, identifying cause-and-effect relationships, comparing, contrasting, finding the main
idea, summarizing, making generalizations and predictions, and drawing inferences and conclusions;
E.22.B create economic models, including production-possibilities curves, circular-flow charts, and supply-and-demand graphs, to analyze economic
concepts or issues;
E.22.C explain a point of view on an economic issue;
E.22.D analyze and evaluate the validity of economic information from primary and secondary sources for bias, propaganda, point of view, and frame of
reference;
E.22.E evaluate economic data using charts, tables, graphs, and maps; and
E.22.F use appropriate mathematical skills to interpret economic information.
E.23.A use economic-related terminology correctly;
E.23.D create written, oral, and visual presentations of economic information; and
E.24.A use a problem-solving process to identify a problem, gather information, list and consider options, consider advantages and disadvantages, choose
and implement a solution, and evaluate the effectiveness of the solution; and
E.24.B use a decision-making process to identify a situation that requires a decision, gather information, identify options, predict consequences, and take
action to implement a decision.
Concepts
TEKS
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Reading/vocabulary
quizzes
Unit tests
Formative assessments
should be done via short
writings/class discussions
Major writing assignment
6 week exams
Common Assessments
Economics
 Micro vs Macro
 Choices, opportunity cost, factors of production, PPF curve/applications
st
th
1 /4
 Trade: Thinkers, Comp/Abs adv., trade barriers, zones, etc.
Six
Supply and demand
Weeks
 Define, examples, laws of
 Applications: shift, elasticity, equilibriums
Economic spectrum, types of economies, 3 key questions
1A-D
2A-C
3A-C
4A-C
5A-E
6A, B, C
8A-C
Writing:
Topic: Explain why choices are
inevitable, and why each choice
made must carry an opportunity
cost.
Business organizations
 Starting a business, types of organizations, bankruptcy
Stock Market
 Financial markets, as indicators, stocks, bonds
2nd /5th Competition
Six
 Role of, types and forms
Weeks
 Role of government, regulation
Aggregate Economy
 Business cycle, aggregate supply /demand, business cycle
 Economic indicators: inflation, full employment, unemployment
7A, B
9A, B
10A, B
11A-C
14A-C
16A-D
18A-C
Writing:
Topic: Why does evaluation of
economic prosperity or downturn
require looking back at several
variables over a period of time?
Give specific examples.
Banking, The Fed and Monetary Policy
 Understanding money, personal credit, banking, loans, interest
 Role of the Fed, types of money
 Creation of money, tools of monetary policy, strengths and weaknesses
3rd /6th
Economic Stabilization: Government Taxation, Spending, and Fiscal Policy
Six
 Role of taxation, theories, types, government programs/services
Weeks
 Fiscal Policy (stabilization tool): expansionary, contractionary, limitations of fiscal policy
Housing, Insurance, Personal Credit
 Rights/responsibilities of renting or buying a home, managing money to make the
transition from renting a home to home ownership
6D
12A-C
13A-D
14B, C
15A-C
17A-D
18B-G
19A-D
20A-C
21A-F
Exams:
 Unit exam(s)
 6 Week common assessment
Exams:
 Unit exam(s)
 6 Week common assessment
Writing:
Topic: To what extent can
controlling the money supply have
an impact on the business cycle?
Give specific examples.
Exams:
 Unit exam(s)
 6 Week common assessment