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    Course information:

    Economics

    One-semester course.5 Carnegie unit

    Fulfills Economics requirement for Georgia high school diploma

    Course Description:

    The economics course provides students with a basic foundation in the field of economics. Thecourse has five sections: fundamental concepts, microeconomics, macroeconomics, international

    economics, and personal finance. In each area, students are introduced to major concepts and

    themes concerning that aspect of economics

    Contact information:

    Jill StassieSocial Studies Department

    Villa Rica High School

    [email protected]

    770-459-5185Office hours: 7:45- 4 pm MondayFriday

    Available online between 7-9 pm via skype Wed. and Thurs.

    Skype id: jstassie

    Textbook, Readings, and Materials

    Economics: Principles & Practices (2005) Glencoe. ISBN: 0-07-860693-4I will post links to websites and articles throughout the course in the modules.

    Prerequisites

    Basic computer and internet skills. Knowledge of posting responses on a blog. The ability to create a multi-media presentation using a web 2.0 tool.

    Expectations for student use of technology

    Students will need to create a google account.o To do this, go towww.google.com, click on sign in. You will then click on

    create an account for free and follow the instructions to create an account. If

    you already have an email address you may use that or you have the option of

    creating a gmail account.

    The scenario based games require flashplayer, as well as working speakers.

    mailto:[email protected]:[email protected]://www.google.com/http://www.google.com/http://www.google.com/http://www.google.com/mailto:[email protected]
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    Students will have a choice of web 2.0 tools to use for their multi-media presentations.o Some suggestions will be glogster, animoto, prezi, or slide rocket.o Tutorials are available on YouTube and on each individual site.

    This course will be hosted on wikispaces.o http://worldofeconomics.wikispaces.com/Introduction

    This is where you will find the introduction video, modules, and blog. Communications with teacher

    o See contact information Communications with classmates

    o Students are free to exchange email or im messenger addresses.o Students may also post on the classroom blog under the whats up? tab

    Netiquette policyo Avoid using all CAPS, as it is considered shouting.o Keep in mind that because nonverbal elements such as tone of voice and facial

    expressions are nearly nonexistent, anything that could be taken as rude or

    offensive probably will be.

    o Never post a message when you are angry or upset. Give yourself time to "sleepon it." Draft your response and reread it in 24 hours. Chances are you will decide

    not post it or you will rewrite a more appropriate response.

    o When reading and/or critiquing other classmates' work, keep in mind that we areall here to learn and whatever someone turns in is not expected to be perfect. Try

    to convey your feedback in a constructive, polite and rational way. Likewise, try

    to be open to constructive feedback.

    o Take this Netiquette Quiz to test your Netiquette:http://www.albion.com/netiquette/netiquiz.html

    Cyber Safetyo Please remember that the internet is accessible all over the world to anyone with a

    connection.

    oPlease do not give out personal information, such as your location, full name,phone number, etc.

    o Please read the Teen Pledge for Being Smart Online athttp://www.safekids.com/teen-pledge-for-being-smart-online/.

    This provides a great overview of how to behave respectfully andresponsibly online.

    http://worldofeconomics.wikispaces.com/Introductionhttp://worldofeconomics.wikispaces.com/Introductionhttp://www.albion.com/netiquette/netiquiz.htmlhttp://www.safekids.com/teen-pledge-for-being-smart-online/http://www.safekids.com/teen-pledge-for-being-smart-online/http://www.safekids.com/teen-pledge-for-being-smart-online/http://www.albion.com/netiquette/netiquiz.htmlhttp://worldofeconomics.wikispaces.com/Introduction
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    Course Objectives

    The students will learn and fulfill the Georgia Performance Standards for Economics. Thecourse is divided into five domains:

    Fundamental Concepts of EconomicsMicroeconomics

    Macroeconomics

    International Trade

    Personal Finance

    Complete standards are available at the following website:

    https://www.georgiastandards.org/standards/Georgia%20Performance%20Standards/Economics%2020

    09-2010%208-14-2008.pdf

    Course Goals

    The students will be able to demonstrate proficiency in the Georgia Performance Standards for

    Economics by

    1- Conducting research on the topics and concepts of Economics.

    2- Completing a variety of assignments which will allow the students to identify, analyze, andapply the topics and concepts of Economics.

    3- Creating multimedia presentations that will the students to identify, analyze, and apply thetopics and concepts of Economics.

    4- Complete assessments which will allow students to demonstrate their mastery of the topics

    and concepts of Economics.

    Course Assignments

    I will provide you with detailed descriptions and grading rubrics for each assignment at theappropriate point during the semester. Be sure to follow the rubric elements carefully as you

    prepare your assignments. Spelling and grammar are graded components on most assignments.

    Submission: All assignments must be submitted electronically via class webpage or email.

    https://www.georgiastandards.org/standards/Georgia%20Performance%20Standards/Economics%202009-2010%208-14-2008.pdfhttps://www.georgiastandards.org/standards/Georgia%20Performance%20Standards/Economics%202009-2010%208-14-2008.pdfhttps://www.georgiastandards.org/standards/Georgia%20Performance%20Standards/Economics%202009-2010%208-14-2008.pdfhttps://www.georgiastandards.org/standards/Georgia%20Performance%20Standards/Economics%202009-2010%208-14-2008.pdfhttps://www.georgiastandards.org/standards/Georgia%20Performance%20Standards/Economics%202009-2010%208-14-2008.pdf
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    Due Dates: Each module and the included assignments and assessments will contain the due

    dates. The latest acceptable time for a due date is 11:59 pm on that date. For example, if anassignment is due on Feb. 6th, then it will be accepted until 11:59 pm on Feb. 6th.

    Late Work: All work is expected to be turned in on time. Technical difficulties are no excuse

    for tardiness. If you know your work is going to be late, please contact me to makearrangements. The standard policy for late work is to deduct 10 points for each day late.

    Assignment File Formatting: If your assignment is web-based, such as a wiki or blog, pleasemake it public or otherwise ensure that the instructor has permission to access it. Unless

    assignments are web-based, they must be submitted in a compatible format allowing everyone in

    the class to read them, i.e. Microsoft Word 2003 or Word 2007 (.doc, .docx or .rtf), html, orAcrobat (.pdf). All papers should be revised, proofread, and edited before they are submitted.

    Please sign your name in every document. In programs such as Word this can be done quite

    efficiently using Headers.

    Grading

    Grades are divided into three categories: minor grades (activities, vocabulary, etc.), major grades(projects, tests, quizzes, etc.) and the End of Course Test. Categories are weighted as follows:

    Minor Grades - 40%, Major Grades45%; EOCT15%

    Points Earned Course Grade

    91-100 A

    81-90 B

    71-80 C

    69-70 D0-68 F

    Schedule

    Week 1: Chapter 1What is Economics

    Scarcity and the Factors of ProductionOpportunity Cost

    Production Possibilities Curves

    Chapter 2Economic SystemsAnswering the Three Economic Questions

    The Free Market

    Centrally Planned Economies

    Week 2 and 3: Chapter 4Demand

    Understanding DemandShifts of the Demand Curve

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    Elasticity of Demand

    Chapter 5Supply

    Understanding Supply

    Costs of Production

    Changes in Supply

    Chapter 6Prices

    Combining Supply and DemandChanges in Market Equilibrium

    The Role of Prices

    Week 4 and 5: Chapter 7 - Market Structures

    Perfect Competition

    Monopoly

    Monopolistic Competition and Oligopoly

    Regulation and Deregulation

    Chapter 8Business OrganizationsSole Proprietorships

    Partnerships

    Corporations, Mergers, and MultinationalsOther Organizations

    Week 6 and 7: Chapter 12Gross Domestic Product and Growth

    Gross Domestic ProductBusiness Cycle

    Economic Growth

    Chapter 13Economic ChallengesUnemployment

    Inflation

    Poverty

    Week 8 : Chapter 14Taxes and Government Spending

    What Are TaxesFederal Taxes

    Federal Spending

    State and Local Taxes and Spending

    **Mid-Term Exam**

    Week 9-10: Chapter 15Fiscal Policy

    Understanding Fiscal PolicyFiscal Policy Options

    Budget Deficits and the National Debt

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    Week 10-11: Chapter 16The Federal Reserve and Monetary PolicyThe Federal Reserve System

    Federal Reserve Functions

    Monetary Policy Tools

    Monetary Policy and Macroeconomics Stabilization

    Week 11-12: Chapter 18- International Economics

    Why countries tradeTrade barriers and free trade

    Trade organizations

    Exchange rates

    Week 13-14: Chapter 10Money and Banking

    Money

    The History of American Banking

    Banking TodayChapter 11Financial Markets

    Saving and InvestingBonds and Other Financial Assets

    The Stock Market

    Week 15: Review for EOCT

    In class review games

    USA test prep activities

    Week 16: EOCT test!!

    Week 17 -18: Personal Finance lessons

    DebtCredit

    Student loans

    budgeting