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2013-14 Course Outline
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Define and describe productive resources and
factors and production (natural, human, and
capital) for thei...
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Introduction (Expectations, Materials, etc…)
Unit 1 Intro to Economics
Scarcity (Needs/Wants) & Factors of
P...
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Introductory Economics Assessment (Skill &
Knowledge Based)
Multiple Intelligence Assessment
List of Preferred Lea...
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In your team, identify the factors of production
and the supporting terms. (pg 8-10)
Your goal is to brainstorm a...
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Select a simple product (shirt or baseball bat)
Find the factors of production in your book and
understand th...
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Scarcity Review
Factors of Production categorized with relevant
examples
Trade-offs and Opportunity Cost
Produ...
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Review
Reading Charts and Graphs (examples)
Economics in Real Life (Culture and Economic
Thought)
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Review (Factors of Production, Tradeoffs,
Production Possibilities)
Review of Terms and Graphs
Culminating Activ...
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Economics Q&A
Case study (Males and car insurance pg 30)
Intro to Economic Systems
Structure and Function of ...
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Review Types of Economic System
Focus on Market/Mixed Systems
Flow of Income and Output (pg 39)
Activity/Pro...
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Characteristics of the American Economy
Capitalism (Adam Smith, Wealth of Nations)
Enterprise, Choice, Incentive...
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Review American Economy
Free Enterprise explained
Economic equity vs. equality (fairness)
Responsibility (Produ...
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Socialism vs. Capitalism
Marx’s Communist Manifesto vs. Smith’s
Wealth of Nations
Difference between Communism...
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Assessment (Test/Paper)
End Unit 1
Intro Unit 2 Practical Economics: How theory
works for you
Consumer Roles
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Explain the basic function of money, credit,
and debt
Understand the role and services of banks and
other ...
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Consumption, Income, and Decision Making
(Chapter 3)
Types of Income
Opportunity Cost (Levels of Education)
...
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Buying Principles and Strategies
Where to research products (Internet Activity)
Advertising Tricks
Comparison...
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Review Consumer Strategies
Consumerism (Rights and Responsibilities)
Assessment
Project
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Global Economy Map (page 85) Compare and
Contrast Prices
Introduce Chapter 4: Going into Debt
Definition of ...
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Calculating Interest Film
Lesson
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Money Is Debt Film (Youtube)
Response Paper from notes
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Review of Debt, Credit, Interest and Terms
Why and How people use credit
Credit Cards (History and Current I...
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Sources of Loans and Credit
Banks, Savings & Loan Associations, Savings
Banks, Credit Unions, and Finance Co...
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Applying for Credit (How to and Issues)
Credit Checks and Ratings
Collateral
Secured vs. Unsecured Loans
Cred...
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Bad Credit Help (pg 103)
Government Regulation (Helping Borrowers)
Law Discussion (pg 105)
Bankruptcy
Review
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Filling out a loan request
Review
Assessment
Project
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Intro Chapter 5 Buying the Necessities
Project for Consumerism
Comparison Shopping
Tradeoffs in stores (Club W...
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Review Consumer Strategies
Coupons (Tricks and Issues)
Clothing (Style, Durability, Cost, and Value)
Activity/Pro...
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To Rent or To Buy
By the numbers (Cost of renting and buying)
Appreciation and Depreciation
Renters Ins...
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Auto Economics 101 (pg 130)
New or Used
Additional Costs (Registration, Insurance,
Warranty, and Maintenance)...
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Food Economics 101
Grocery Shopping Tips
Dining Out
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Review
Case Study (Economics & Culture)
Consumer ability to change society
Project/Activity
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Assessment
Introduce Chapter 6 Saving and Investing
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Types of Savings
Paying Yourself First
Savings Accounts, Money Market Accounts,
Time Deposits.
Calculating I...
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Investing
Definition of Terms
Stocks and Bonds (pg’s 148-149)
T-Bills, Notes, and Bonds (US Treasury)
Activit...
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Stock Market and Bond Market
Film on Wall Street
Stock Exchanges (NYSE)
Markets (NASDAQ)
Indexes (Dow Jones...
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Mutual Funds and Money Market Funds
Bull and Bear Markets
Government Regulation
Boom & Bust (Bubbles and Stock...
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Special Savings Plans and Goals (pg 155)
Pension Plans
Keogh Act of 1962 (Self-employed plans)
IRA’s (Tradi...
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Review Savings Strategies
How much to save (pg 158)
Risk and Return Graph (pg 161)
Review and Assessment
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Assessment
Project
Media
Completion of Unit 2
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Define and understand the law of supply and
demand in determining price and quantity of
goods and services...
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Introduction to Unit 3 (Microeconomics & Ch’s
7-9)
Markets, Prices, and Business Competition
Supply and Demand
M...
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Supply and Demand Presentation
Law of Demand
Real income effect
Substitution effect
Demand Shifters Lesson
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Review of Supply and Demand
Diminishing Marginal Utility (Cereal Talk)
Law of Diminishing Marginal Utility (pg 17...
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Demand Curve and Elasticity of Demand
Review of Graphs (pg 178-182)
Complimentary Goods
Detriments of Demand (G...
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Review Demand
Price elasticity of demand
Elastic vs. Inelastic
Effects on Price
Film on Supply and Demand
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Law of Supply and the Supply Curve
Supply Graphs and Charts (pg 188-192)
Detriments of Supply (Input Price, #Fir...
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Review of Supply
Law of Diminishing Returns
Diminishing Returns Graph (pg 193)
Putting Supply and Demand Toge...
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Equilibrium Price
Graph and Chart (195-196)
Price Signals
Price Controls
Video on Price Floors/Ceilings
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Review Equilibrium Price, Signals, and
Controls
Price Floors and Ceilings
Review and Assessment (Examples and
Expl...
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Supply and Demand Assessment
Activity/Project
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Economics of Professional Sports
Case Study (pg 204)
Activity/Project
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Identify, compare, and contrast the different
forms of business organizations (sole
proprietorships, partn...
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Introduction to Business Organizations
Definition of Terms (pg 207)
Project Introduction
Webquest
Getting Start...
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Review of Types of Businesses
Help from the Government
Help from the Internet
E-Commerce Video
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Elements of Business Operation (Expenses,
Advertising, Record Keeping, and Risk)
Breakdown with examples
Project/A...
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Sole Proprietorships and Partnerships (pg 213)
Definition of Terms (Liability and Assets)
Limited Liability...
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Corporate World and Franchises
Definition of Terms (Stock and Dividends)
Different Types of Stock
Corporation vs....
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Review of Corporate World
How to register
Selling stock (IPO’s) Facebook Example
Bylaws
Franchise Advantages ...
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Review
Project/Activity
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Assessment
Global Economy (Supply and Demand of Oil)
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Competition and Monopolies
Perfect Competition Media
Market Structures (pg 232)
Agriculture as an Example (pg 2...
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Monopolies
Characteristics of Monopolies
Definition of Terms (Patents and Copyrights)
Playing the game of Monopol...
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Monopoly Tourney
One Day Event (Deals Can Be Made)
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Review of Monopolies
Intro Oligopolies
Characteristics of an Oligopoly
Cartels
Monopolistic Competition (pg 2...
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Understand and explain the role of
government in a market economy
Identify and describe the taxation and
s...
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Government Policies Toward Competition
Antitrust Legislation and Mergers
History (TR/Taft and Trust-busting)
...
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Government Regulation
Agencies (pg 248)
Regulation vs. Deregulation
Effects & Pros/Cons
Review
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Assessment
Microsoft’s Battle
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Microeconomics Review (Q & A)
Complete Unit 3
Introduce Unit 4 (Microeconomics in Action
Ch’s 10-12)
Project/Act...
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Financing and Producing Goods
Definition of Terms (Financing, Revenue,
Profits)
Cost-Benefit Analysis (pg 261)
A...
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Review of Financing and Cost-Benefit Analysis
Pursuing Investment Financing
Methods of Financing (Review of Ch. 6...
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Types of Financing (pg 265)
Short Term, Intermediate, and Long Term
Graphs (265-267)
Factors to consider in choos...
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The Production Process
Definition of Terms (pg 271)
Terms with examples
Activity
Media
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Review
Assessment
Project/Activity
Global Economy Advertising (pg 280)
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Marketing and Distribution
How to Market
Market Research
Testing the Market
Activity/Project
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Review Marketing
Four P’s of Marketing (Product, Price, Place,
and Promotion)
Product Life Cycle
10 Commandme...
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Distribution
Wholesalers, Retailers, Storage, and
Transportation
Media
Activity
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Review
Assessment
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The Labor Force
Employment Status Graph (pg 308)
The Many Types of Workers
Supply and Demand of Labor
Activit...
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Review of Labor
Wages Discussion (Stossel Video)
Organized Labor (Labor Unions)
Definition of Terms
Labor Law...
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Union Organization (Local, Nat’l, and
Federation)
History and Current Issues
Definition of Terms
Activity
Medi...
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Collective Bargaining
Negotiations
Mediation vs. Arbitration
Strikes, Lockouts, and Injunctions
Decline of Un...
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Review
Assessment
Project/Activity
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Completion of Unit 4 Microeconomics
Introduction to Unit 5 Macroeconomics
Media
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Identify and describe how national economic
performance is measured (GDP, employment,
inflation)
Understan...
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Measuring the Nation’s Economy
Gross Domestic Product (Defined and
Described)
Gross vs. Net
Types of Income (pg ...
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Inflation Lesson
Media
Examples
GDP Spotlight (pg 346)
Activity
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Model of the Business Cycle
Graphic Data (pg 352)
Definition of Terms
Expansion and Contraction
Recession vs....
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Review Business Cycle and Economic
Indicators (Leading, Consequential, and
Lagging) Assess Economy & Predict Cours...
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Money and Banking (Chapter 14)
Characteristics of Money (pg 370)
Money Is Debt II Film
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History of Banking (pg 374-375)
Electronic Banking (Automatic Deposits and
Withdraws) Pros and Cons
Checking Accou...
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How to protect your identity (pg 389)
Activity
Media
Intro Federal Reserve
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Define, compare, and contrast monetary and
fiscal policy
Describe the essential functions of the Federal
Reser...
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Federal Reserve
Structure and Function
Board of Governors, Fed Advisory Committee,
Open Market Committee, and ...
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Monetary Policy
Tight and Loose Money Strategies
Reserve requirements (pg 403)
Discount Rate (pg 405)
How i...
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Government Involvement
Government Programs (Graph)
Social Programs (pg 420)
Taxes (pg 432)
Proportional, Progre...
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Review of Monetary Policy
Intro to Fiscal Policy
Monetary vs. Fiscal Policies
Debate on Taxing Junk Food
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Unemployment
Types of and Measurements (pg 443)
Supply-Side Economics (pg 450)
Lowering tax rates to increase eco...
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Compare and contrast absolute and
comparative advantage (specialization)
Understand the difference between...
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World Trade (Tariffs & Quotas)-film
Imports vs. Exports
Where goods come from
Free Trade Debate
Exchange Rate...
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Review
End of Course Assessment
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Economics Course Outline 2013 14

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Economics Course Outline 2013 14

  1. 1. 2013-14 Course Outline
  2. 2. 1. 2. 3. 4. Define and describe productive resources and factors and production (natural, human, and capital) for their ability to produce goods and services Explain how consumers and producers confront and adjust to the condition of scarcity by making choices which involve opportunity cost and tradeoffs (Production Possibilities Curve/Frontier) Describe how people respond predictably to positive and negative incentives (interest rates) Identify and understand 4 common economic systems (characteristics, structure, and function)
  3. 3.       Introduction (Expectations, Materials, etc…) Unit 1 Intro to Economics Scarcity (Needs/Wants) & Factors of Production Definition of Terms Spending Money Activity (1 million – 10k) Understanding the basic economic questions facing the economic system of every country
  4. 4.    Introductory Economics Assessment (Skill & Knowledge Based) Multiple Intelligence Assessment List of Preferred Learning Activities
  5. 5.    In your team, identify the factors of production and the supporting terms. (pg 8-10) Your goal is to brainstorm a production list/plan using the factors of production and other vocabulary terms. (Select a product to produce and detailed factors in the process ex. shirts or baseball bats) Be creative Write your pitch down with details and examples to present to class (informally)
  6. 6.      Select a simple product (shirt or baseball bat) Find the factors of production in your book and understand them Identify examples for each factor to produce your product Be creative, but keep it simple We are only producing
  7. 7.      Scarcity Review Factors of Production categorized with relevant examples Trade-offs and Opportunity Cost Production Possibilities Presentation Buying/Saving & Time Activity
  8. 8.    Review Reading Charts and Graphs (examples) Economics in Real Life (Culture and Economic Thought)
  9. 9.     Review (Factors of Production, Tradeoffs, Production Possibilities) Review of Terms and Graphs Culminating Activity and Assessment Page 28-29 (1-25) Due Monday 1st thing
  10. 10.       Economics Q&A Case study (Males and car insurance pg 30) Intro to Economic Systems Structure and Function of Systems Define Types of Systems (Examples) Create a Venn Diagram comparing and contrasting the three economic systems (Option to outline or write description)
  11. 11.       Review Types of Economic System Focus on Market/Mixed Systems Flow of Income and Output (pg 39) Activity/Project Diagram and explain a Circular Flow Model of a market economy, showing households and businesses as decision makers, resource and money flows, and the three basic markets – product, productive resources and financial markets. Create your own flow chart (inputs/outputs) Describe the role of individuals, businesses, and governments
  12. 12.     Characteristics of the American Economy Capitalism (Adam Smith, Wealth of Nations) Enterprise, Choice, Incentive, Competition, and Private Property Limited Role of the Government
  13. 13.      Review American Economy Free Enterprise explained Economic equity vs. equality (fairness) Responsibility (Producers & Consumers) Activity/Project
  14. 14.      Socialism vs. Capitalism Marx’s Communist Manifesto vs. Smith’s Wealth of Nations Difference between Communism and Socialism Debate Film Capitalism & Socialism
  15. 15.     Assessment (Test/Paper) End Unit 1 Intro Unit 2 Practical Economics: How theory works for you Consumer Roles
  16. 16. 1. 2. 3. 4. Explain the basic function of money, credit, and debt Understand the role and services of banks and other financial institutions for borrowing, saving, and investing Ability to calculate and understand interest for borrowing, saving, and investing Formulate a consuming, saving, and investing plan
  17. 17.       Consumption, Income, and Decision Making (Chapter 3) Types of Income Opportunity Cost (Levels of Education) Generic vs. Name Brand Activity Consumer Spending Graph (page 68) Lesson
  18. 18.       Buying Principles and Strategies Where to research products (Internet Activity) Advertising Tricks Comparison Shopping Definition of Terms (Warranty and types) Activity/Project
  19. 19.     Review Consumer Strategies Consumerism (Rights and Responsibilities) Assessment Project
  20. 20.       Global Economy Map (page 85) Compare and Contrast Prices Introduce Chapter 4: Going into Debt Definition of Terms Credit (How it works and Pros/Cons) Mortgages (real property) INTEREST
  21. 21.   Calculating Interest Film Lesson
  22. 22.   Money Is Debt Film (Youtube) Response Paper from notes
  23. 23.       Review of Debt, Credit, Interest and Terms Why and How people use credit Credit Cards (History and Current Info) Debit Cards vs. Cash Dave Ramsey Money Makeover Articles (pg 108) Lesson
  24. 24.       Sources of Loans and Credit Banks, Savings & Loan Associations, Savings Banks, Credit Unions, and Finance Companies Charge accounts and Credit Cards Review Finance Charges/Annual %rates How to compute finance charges (pg 97) Lesson
  25. 25.       Applying for Credit (How to and Issues) Credit Checks and Ratings Collateral Secured vs. Unsecured Loans Credit Scores (pg 101) Responsibility
  26. 26.      Bad Credit Help (pg 103) Government Regulation (Helping Borrowers) Law Discussion (pg 105) Bankruptcy Review
  27. 27.     Filling out a loan request Review Assessment Project
  28. 28.      Intro Chapter 5 Buying the Necessities Project for Consumerism Comparison Shopping Tradeoffs in stores (Club Warehouse, Retail, and Convenience Stores) Examples and Issues Name of the label (Utility and Value)
  29. 29.     Review Consumer Strategies Coupons (Tricks and Issues) Clothing (Style, Durability, Cost, and Value) Activity/Project
  30. 30.          To Rent or To Buy By the numbers (Cost of renting and buying) Appreciation and Depreciation Renters Insurance, Lease, and Deposits Renter Tips (pg 126) Homebuyer Tips (pg 128) Closing Costs and other costs Activity/Project Lesson
  31. 31.      Auto Economics 101 (pg 130) New or Used Additional Costs (Registration, Insurance, Warranty, and Maintenance) How to find the best vehicle for you (Kelly Bluebook & Internet) Lesson
  32. 32.    Food Economics 101 Grocery Shopping Tips Dining Out
  33. 33.     Review Case Study (Economics & Culture) Consumer ability to change society Project/Activity
  34. 34.   Assessment Introduce Chapter 6 Saving and Investing
  35. 35.       Types of Savings Paying Yourself First Savings Accounts, Money Market Accounts, Time Deposits. Calculating Interest Activity Deposit Insurance Lesson/Activity
  36. 36.       Investing Definition of Terms Stocks and Bonds (pg’s 148-149) T-Bills, Notes, and Bonds (US Treasury) Activity/Project Lesson
  37. 37.        Stock Market and Bond Market Film on Wall Street Stock Exchanges (NYSE) Markets (NASDAQ) Indexes (Dow Jones, S&P 500) What does it all mean (research) Lesson (5 Stages of Investing)
  38. 38.      Mutual Funds and Money Market Funds Bull and Bear Markets Government Regulation Boom & Bust (Bubbles and Stock Market Issues) Lesson on Investing
  39. 39.        Special Savings Plans and Goals (pg 155) Pension Plans Keogh Act of 1962 (Self-employed plans) IRA’s (Traditional vs. Roth) Real Estate Savings Activity Media
  40. 40.     Review Savings Strategies How much to save (pg 158) Risk and Return Graph (pg 161) Review and Assessment
  41. 41.     Assessment Project Media Completion of Unit 2
  42. 42. 1. 2. 3. 4. Define and understand the law of supply and demand in determining price and quantity of goods and services using relevant examples Identify factors that influence supply and demand in relation to price and quantity Identify and role of consumers and producers in determining equilibrium price Identify and understand the elasticity of demand and supply
  43. 43.     Introduction to Unit 3 (Microeconomics & Ch’s 7-9) Markets, Prices, and Business Competition Supply and Demand Media (Intro to Supply and Demand)
  44. 44.      Supply and Demand Presentation Law of Demand Real income effect Substitution effect Demand Shifters Lesson
  45. 45.     Review of Supply and Demand Diminishing Marginal Utility (Cereal Talk) Law of Diminishing Marginal Utility (pg 174) Activity/Project
  46. 46.      Demand Curve and Elasticity of Demand Review of Graphs (pg 178-182) Complimentary Goods Detriments of Demand (Good/Bad Effects) Activity
  47. 47.      Review Demand Price elasticity of demand Elastic vs. Inelastic Effects on Price Film on Supply and Demand
  48. 48.     Law of Supply and the Supply Curve Supply Graphs and Charts (pg 188-192) Detriments of Supply (Input Price, #Firms, Taxes, and Technology) Activity
  49. 49.       Review of Supply Law of Diminishing Returns Diminishing Returns Graph (pg 193) Putting Supply and Demand Together Equilibrium Price Introduction Activity/Project
  50. 50.      Equilibrium Price Graph and Chart (195-196) Price Signals Price Controls Video on Price Floors/Ceilings
  51. 51.    Review Equilibrium Price, Signals, and Controls Price Floors and Ceilings Review and Assessment (Examples and Explanation)
  52. 52.   Supply and Demand Assessment Activity/Project
  53. 53.    Economics of Professional Sports Case Study (pg 204) Activity/Project
  54. 54. 1. 2. 3. 4. Identify, compare, and contrast the different forms of business organizations (sole proprietorships, partnerships, and corporations) Identify the characteristics of the four market structures (monopoly, oligopoly, monopolistic competition, and pure/perfect competition Explain how firms/businesses finance their operations (earnings, stock, borrowing) Identify and understand the size and scope of markets from local to global and effects to individuals and communities
  55. 55.      Introduction to Business Organizations Definition of Terms (pg 207) Project Introduction Webquest Getting Started (Entrepreneurship)
  56. 56.     Review of Types of Businesses Help from the Government Help from the Internet E-Commerce Video
  57. 57.    Elements of Business Operation (Expenses, Advertising, Record Keeping, and Risk) Breakdown with examples Project/Activity
  58. 58.        Sole Proprietorships and Partnerships (pg 213) Definition of Terms (Liability and Assets) Limited Liability Companies Joint Ventures Review of Business Organizations Venn Diagram/Pros & Cons Activity Matching example companies
  59. 59.     Corporate World and Franchises Definition of Terms (Stock and Dividends) Different Types of Stock Corporation vs. Franchise
  60. 60.       Review of Corporate World How to register Selling stock (IPO’s) Facebook Example Bylaws Franchise Advantages and Disadvantages Panera Bread/Jimmy Johns Example (pg 224)
  61. 61.   Review Project/Activity
  62. 62.   Assessment Global Economy (Supply and Demand of Oil)
  63. 63.      Competition and Monopolies Perfect Competition Media Market Structures (pg 232) Agriculture as an Example (pg 234) Benefits to Society from Competition
  64. 64.     Monopolies Characteristics of Monopolies Definition of Terms (Patents and Copyrights) Playing the game of Monopoly (Competition)
  65. 65.   Monopoly Tourney One Day Event (Deals Can Be Made)
  66. 66.       Review of Monopolies Intro Oligopolies Characteristics of an Oligopoly Cartels Monopolistic Competition (pg 242) Activity/Project
  67. 67. 1. 2. 3. 4. Understand and explain the role of government in a market economy Identify and describe the taxation and spending categories of governments at the local, state, and national level Define and describe taxation that is proportional, progressive, and regressive Describe and identify examples of government regulations and spillovers (subsidies) for the benefit of government, groups, or individuals
  68. 68.       Government Policies Toward Competition Antitrust Legislation and Mergers History (TR/Taft and Trust-busting) Definition of Terms (pg 245) Types of Mergers (pg 247) Activity
  69. 69.      Government Regulation Agencies (pg 248) Regulation vs. Deregulation Effects & Pros/Cons Review
  70. 70.   Assessment Microsoft’s Battle
  71. 71.     Microeconomics Review (Q & A) Complete Unit 3 Introduce Unit 4 (Microeconomics in Action Ch’s 10-12) Project/Activity
  72. 72.     Financing and Producing Goods Definition of Terms (Financing, Revenue, Profits) Cost-Benefit Analysis (pg 261) Activity/Project
  73. 73.     Review of Financing and Cost-Benefit Analysis Pursuing Investment Financing Methods of Financing (Review of Ch. 6) Intro Types of Financing (pg 265)
  74. 74.     Types of Financing (pg 265) Short Term, Intermediate, and Long Term Graphs (265-267) Factors to consider in choosing financing (pg 268)
  75. 75.      The Production Process Definition of Terms (pg 271) Terms with examples Activity Media
  76. 76.     Review Assessment Project/Activity Global Economy Advertising (pg 280)
  77. 77.      Marketing and Distribution How to Market Market Research Testing the Market Activity/Project
  78. 78.      Review Marketing Four P’s of Marketing (Product, Price, Place, and Promotion) Product Life Cycle 10 Commandment of Emotional Branding (pg 295) Activity/Project
  79. 79.     Distribution Wholesalers, Retailers, Storage, and Transportation Media Activity
  80. 80.   Review Assessment
  81. 81.       The Labor Force Employment Status Graph (pg 308) The Many Types of Workers Supply and Demand of Labor Activity Media (Unemployment)
  82. 82.       Review of Labor Wages Discussion (Stossel Video) Organized Labor (Labor Unions) Definition of Terms Labor Laws Wages Lesson
  83. 83.      Union Organization (Local, Nat’l, and Federation) History and Current Issues Definition of Terms Activity Media
  84. 84.       Collective Bargaining Negotiations Mediation vs. Arbitration Strikes, Lockouts, and Injunctions Decline of Unions (Reasons & Results) Media
  85. 85.    Review Assessment Project/Activity
  86. 86.    Completion of Unit 4 Microeconomics Introduction to Unit 5 Macroeconomics Media
  87. 87. 1. 2. 3. 4. Identify and describe how national economic performance is measured (GDP, employment, inflation) Understand the phases of the business cycle (contraction, trough, expansion, and peak) Analyze the historical, recent, and current impact of events on the business cycle and national economy Identify, understand, and explain the causes of inflation and effects on individuals and society
  88. 88.     Measuring the Nation’s Economy Gross Domestic Product (Defined and Described) Gross vs. Net Types of Income (pg 339)
  89. 89.      Inflation Lesson Media Examples GDP Spotlight (pg 346) Activity
  90. 90.       Model of the Business Cycle Graphic Data (pg 352) Definition of Terms Expansion and Contraction Recession vs. Depression Economic Indicators
  91. 91.    Review Business Cycle and Economic Indicators (Leading, Consequential, and Lagging) Assess Economy & Predict Course Media Activity/Project
  92. 92.    Money and Banking (Chapter 14) Characteristics of Money (pg 370) Money Is Debt II Film
  93. 93.    History of Banking (pg 374-375) Electronic Banking (Automatic Deposits and Withdraws) Pros and Cons Checking Accounts (How to Balance a Checkbook)
  94. 94.     How to protect your identity (pg 389) Activity Media Intro Federal Reserve
  95. 95. 1. 2. 3. Define, compare, and contrast monetary and fiscal policy Describe the essential functions of the Federal Reserve to control money supply (rates, bonds, and reserves) Understanding the effects of debt at the individual, business, and government level (cause & effect)
  96. 96.      Federal Reserve Structure and Function Board of Governors, Fed Advisory Committee, Open Market Committee, and the Banks Fed Reserve Maps (pg 394) Functions of the Fed Graph (pg 396)
  97. 97.        Monetary Policy Tight and Loose Money Strategies Reserve requirements (pg 403) Discount Rate (pg 405) How it affects you Affects on inflation Two Great Graphs (pg 409)
  98. 98.      Government Involvement Government Programs (Graph) Social Programs (pg 420) Taxes (pg 432) Proportional, Progressive, and Regressive Taxes
  99. 99.     Review of Monetary Policy Intro to Fiscal Policy Monetary vs. Fiscal Policies Debate on Taxing Junk Food
  100. 100.     Unemployment Types of and Measurements (pg 443) Supply-Side Economics (pg 450) Lowering tax rates to increase economic growth and collect more in taxes
  101. 101. 1. 2. 3. 4. Compare and contrast absolute and comparative advantage (specialization) Understand the difference between imports and exports and the effects of tariffs (taxes) Understand the reason and difference of currencies and exchange rates between nations Identify skills that individuals need to be successful in the global economy
  102. 102.       World Trade (Tariffs & Quotas)-film Imports vs. Exports Where goods come from Free Trade Debate Exchange Rates Graph (pg 472) Exchange Rate Pros & Cons-Domestic inflation with demand and supply effects
  103. 103.   Review End of Course Assessment

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