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EconomicsMrs. Duffield

Welcome to our Class! This course is an exploration into both micro and macro economics. The course utilizes a practical approach and deals primarily with theory, as well as a small amount of basic math/graphing. Our class begins with the study of basic economic concepts and continues with studies of money, supply theory, demand theory, government influence, and an overview of macroeconomics. This course provides a social studies credit, and is required for graduation by the State of Michigan and Okemos High School.

Microeconomic Subject OverviewUnit One: Introduction to Economics, Economic Systems, American Free Enterprise Chapters 1, 2, 3

Unit Two: Demand, Supply, Prices Chapters 4, 5, 6Unit Three: Market Structures, Business Organizations, Labor Chapters 7, 8, 9

Unit Four: Money and Banking, Financial Markets Chapters 10, 11

Macroeconomic Subject OverviewUnit Five: GDP and Growth, Economic Challenges, Chapters 12, 13

Unit Six: Federal Reserve and Monetary Policy, International Trade Chapters 16, 17GradingFor school-wide policy, please refer to the grading scale in the student handbook. In this class, points will be earned for daily assignments, projects, papers, and tests. There will be no weighted grades. Each quarter grade will be based on the cumulative total of the points earned on all assignments/tests/quizzes completed during the quarter. The semester exam will count for 15% of the semester grade. The semester grade will be calculated as follows: 42.5% quarter 1 grade, 42.5% quarter 2 grade, and 15% semester exam. Extra credit opportunities will be offered periodically, and I encourage all students to take advantage of these opportunities. I encourage both parents and students to monitor class grades online at any time by using the PowerSchool program that is accessible through the school website: www.okemosschools.net. Per school policy, by Friday of each week I will enter into Power School all assignments that have been given in class that week. The students grade for each assignment will often be entered at a later time, however, as it takes a varying amount of time to finish grading various essays, tests, etc Please be assured that I will enter student grades for each assignment as soon as I am able to finish grading them.

Assignments and Activities Posted Each DayEach days activity and assignments are posted in two places: 1) on my Economics website, and 2) in the daily planner located on the table in the front of the classroom. It is the responsibility of the student to find out what assignments they have missed during an absence by checking one of those two locations. All missed handouts can be found in the hanging file folders labeled Economics on the counter in the classroom, and they can be downloaded from the class website, as well. Of course, full credit is given on all make up work due to excused absences. The class website can be accessed from the High Schools homepage/departments/social studies/Whitney Duffield. By clicking on the calendar tab you will see the class activities/homework posted at the conclusion of each school day, and by clicking on the economics tab you will see electronic files of all handouts and powerpoints given in class.

Late WorkEach student is issued three late work passes per semester. If a student has not completed an assignment on time, they may turn it in late with a late work pass and they will be eligible to receive full credit on that assignment. Therefore, students have three opportunities each semester to spare themselves from being penalized for failing to complete an assignment on time. Beyond each students three passes, no late work will be accepted.Passes may not be turned in for major projects or papers. If a major project or paper is turned in late, 10% will be deducted for the first day late, 20% for the second, and 30% for the third, up to a 50% deduction.

Classroom Expectations The overarching theme that will guide our class through the year is respect and consideration for each other, and for the learning that will go on in class each day. At all times we will speak to each other courteously and respect the ideas that each of us brings to class. Behavior that impedes a students learning process, or that of any other individual in class, is not acceptable. Students are expected to come to class each day on time, with all class materials (textbook, pen, notebook, etc), and ready to learn. No food or drinks aside from water are allowed in class. In accordance with school policy, electronic devices (mp3 players, calculators, cell phones) are allowed in class at my discretion. If you are using an electronic device in class and I have not given you or the entire class explicit permission to do so, then I will confiscate the device and assign a detention. This is in accordance with school policy. If you arent certain whether you may use a device at any given time, ask me first--before you begin to use it.

HelpIf you need any help throughout the semester, I am always available. You may come and see me in room A201 before or after school if youd like my undivided attention. If you want to be sure that I am going to be available before/after school on a given date, you may prearrange a meeting with me. I encourage all students to see me for extra help! You may also email or leave me a voicemail with questions/concerns at any time. I will respond within 24 hours of your message. I want to help all students to succeed in this course and will do whatever I can to ensure that you have a positive experience! If you have concerns or questions, please do not hesitate to contact me at school. My phone number is 706-4798, and my email address is [email protected].