High School

Economics/Economics Honors

0.5 Credits
18 weeks
inflation and money
Open

Economic decisions affect us every day of our lives. Understanding economics means thinking about how scarcity, or limited resources, requires us to make choices and evaluate one option against others. In this course, you will recognize examples of economics in your daily life. You will see how the economic choices of larger groups, like businesses and governments, affect you and others. As you progress through the course, you will recognize that the costs and benefits of choices connect individuals and groups around the world.

The purpose of this course is to help you become a smart consumer who understands the flow of an economy between individuals, businesses, governments, and the rest of the world.

 

 

Note: content varies depending on course version. For currently enrolled students, please refer to the syllabus located in the course information area for curriculum specifics.

Major Topics and Concepts

Segment I:

Economic Basics

  • 01.00 Welcome to Economics
  • 01.01 How Do I Plan for Success?
  • 01.02 What Is Economics?
  • 01.03 Why Can’t I Have It All?
  • 01.04 Demand
  • 01.05 Supply
  • 01.06 The Soap Opera of Supply and Demand
  • 01.07 The Green and What It Means
  • 01.08 What’s the Big Idea? Discussion-Based Assessment
  • 01.09 Economic Basics Exam

It All Begins With You

  • 02.00 It All Begins With You
  • 02.01 Is It a Want or a Need?
  • 02.02 Sharing With Uncle Sam?
  • 02.03 Save, Invest, or Spend?
  • 02.04 Why Budget?
  • 02.05 What’s the Big Idea?
  • 02.06 It All Begins With You Exam

Taking Care of Business

  • 03.00 Taking Care of Business
  • 03.01 Could You Be an Entrepreneur?
  • 03.02 What are Factors of Production?
  • 03.03 Who Is the Boss?
  • 03.04 Selling It!
  • 03.05 Getting the Most for Your Money
  • 03.06 Building a Better Business
  • 03.07 What’s the Big Idea? Discussion-Based Assessment
  • 03.08 Taking Care of Business Exam

Getting Political

  • 04.00 Getting Political
  • 04.01 Ultimate Roller Coaster
  • 04.02 Should the Government Control the Economy?
  • 04.03 How Does the Fed Affect Me?
  • 04.04 The Fed’s Toolbox
  • 04.05 Uncle Sam’s Toolbox
  • 04.06 What’s the Big Idea? Discussion-Based Assessment
  • 04.07 Getting Political Exam

Thinking Globally

  • 05.00 Thinking Globally
  • 05.01 How Economists’ Ideas Affect Us
  • 05.02 How Can We Organize an Economy?
  • 05.03 What are My Country’s Goals?
  • 05.04 Why Do Countries Trade?
  • 05.05 Should Free Trade Be A Goal?
  • 05.06 Does Inflation Matter?
  • 05.07 What’s the Big Idea?
  • 05.08 Thinking Globally Exam

Circular Flow

  • 06.00 Circular-Flow
  • 06.01 Economic Relationships
  • 06.02 What Are Externalities?
  • 06.03 How Do Externalities Affect You?
  • 06.04 What’s the Big Idea? Discussion-Based Assessment
  • 06.05 Circular Flow Project
  • 06.06 Segment Exam

Competencies

Economic Concepts

Students will demonstrate an understanding of economic concepts by summarizing fundamental economic questions, evaluating opportunity cost, explaining supply and demand, and explaining the role of currency.

Money Management

Students will demonstrate an understanding of money management by differentiating wants and needs, explaining considerations for saving and investing, and describing budget plans.

Entrepreneurial Business

Students will demonstrate an understanding of entrepreneurial business by explaining types of entrepreneurial businesses, summarizing business hurdles, and explaining ways to ensure efficient money management.

Macroeconomic Concepts

Money and the Federal Government Competency Statement: Students will demonstrate an understanding of money and the Federal Government by explaining federal involvement in money management, explaining the value fluctuation of money, and analyzing the health of the nation’s money.

Monetary Value in Economic Systems

Students will demonstrate an understanding of monetary value in economic systems by explaining types of economic systems, comparing goals of a country’s economics, and explaining the value of a dollar.

The Effects of Money Movement

Students will demonstrate an understanding of the effects of money movement by summarizing money movement, explaining the intended and unintended consequences of money movement, and explaining the effects of eminent domain.