1. a first day handout
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1. a first day handout

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1. a first day handout 1. a first day handout Document Transcript

  • CIA4U – ANALYSING CURRENT ECONOMIC ISSUES LeMoine_bernadette@durham.edu.on.ca Course units and topics: (not always covered exactly in this order) Unit 1: Introduction: The Nature of Economics and the Economy a. Basic Definitions b. Production Possibilities Curve c. Economic systems and the basic economic questions d. Major Economic Theorists Unit 2: Microeconomics: Understanding the Canadian Market Economy a. Models of supply and demand b. Elasticity of supply and demand c. Business structures d. Market structures e. Labour markets Unit 3: Macroeconomics: Understanding the Canadian Market Economy a. Basic economic measurements b. Aggregate supply and demand c. The Business Cycle and the Circular Flow Model d. Fiscal and Monetary Policies e. The Canadian Banking system and Money supply Unit 4: Economic Decision Making a. The Welfare State and Poverty in Canada b. Taxation and Spending c. Equity and Income distribution d. Is capitalism good for the poor e. Sustainable development and Economics Unit 5: The Global Economy: International Trade and Development a. Trade theory b. Foreign Exchange and the Balance of Payments c. Globalization d. Economic Development Course Evaluation: Term = 70% Tests – 25% Assignments – 20% ISU – 25% Summative Evaluation = 30% Economic Journal – 5% Final Exam - 25% Evaluations will be marked according to the following breakdown: Knowledge/Understanding - 20% Thinking/Inquiry - 30% Communication - 20% Application - 30%