AP Economics Syllabus


SYLLABUS FOR  Economics

12th GRADE           WESTMINSTER CHRISTIAN ACADEMY          YEAR 2006-2007

TEACHER:  John Noel

 

Course Objectives:  

 

1. Explain the role of scarcity in answering the basic economic questions of what, how, how much, and for whom to produce.

 

2. Compare the development and characteristics of the world’s traditional, command, and market economies

 

3. Analyze graphs to determine changes in supply and demand and their effect on equilibrium price and quality

 

4. Explain the impact of the labor market on the market economy of the United States

 

5. Explain the competitive nature of the market system.

 

6. Explain costs and benefits of government intervention in the economy of the United States.

7. Describe methods by which the United States measures domestic output, national income, and price level.

8. Describe the effect of fluctuations in national output and its relationship to the causes and costs of unemployment and inflation

9. Describe economic stabilization policies of the United States

10. Explain the role of money and the structure of the banking system of the United States.

11. Explain the past and present impact of the Federal Reserve Bank on the economy of the United States

12. Explain basic elements of international trade

 

 

 

       

Course Description: 

Economics is a one-semester required course for the twelfth grade that focuses on the biblical principles of economics. Students use biblical principles of stewardship, mutual responsibility, and humanity to analyze issues and problems in contemporary economic systems. The history of economic theory and principle are presented. In addition, they examine the consequences of public policies and their impact upon current economic conditions.

 

Twelfth- grade students are developmentally capable of complex analytical reasoning.

Course content and effective instructional methods encourage the development of skills

for recognizing economic and social problems, proposing alternatives, and evaluating the

costs and benefits of choices. Special emphasis is placed the development of Christian stewardship. Therefore, it is the duty of Christians to support the church with prayers, service, and gifts; and, to support the needy with justice, mercy, and faithfulness.

 

Economics is designed to include analysis of primary sources, economic data, and economic research using a variety of instructional techniques.

 

Class Behavior:  Students are expected to be on time and there in their seats, ready to learn when the bell rings. This means conversations have ended and class material is readily available.  There is one voice in the class at a time, usually mine. If you have something to share with the class, that is pertinent, raise your hand and wait to be called upon. Respect your fellow classmates and yourself by not carrying on side conversations.  Disruptions and inappropriate behavior will be dealt with in accordance with the student handbook.

Academic dishonesty is not tolerated!  

Academic dishonesty  will be defined as representing another's work as your own.  This includes but is not limited to plagiarism,  cheating on tests, quizzes and homework.  If academic dishonesty is present the work will be forfeited and you will receive a zero for that  item.

Gum and candy are not allowed in the classroom.

It is expected that students will respect the physical materials and furniture that have been provided in the classroom. There is to be no marking or carving or disfiguring of any kind on the items in the classroom.  

Student Handbook:  Students and parents need to be familiar with the student handbook especially the items that have to do with absences from class (number of days allowed and admittance policies) and the length of time allowed for make-up work.

Grading:  Quizzes, 10 pts each

                   Case studies 25 pts

                  Tests 100 pts

                

Materials Needed:  Pen, paper, textbooks.

Computer access is necessary to get assignments on the teacher’s web page. Grades will be posted to Edline weekly  As a class we will  go  to the computer lab to do research on the internet.  All students must have a current computer account.

Communication with Teacher: Please communicate with me via e-mail (my name is hyperlinked to my e-mail)   Please feel free to contact me anytime.