COURSE DESCRIPTION
Credit: 5.0
9 Weeks
Business Economics is a course designed to help students understand economic principles as applied to current events and issues. Emphasis includes allocation of resources, economic systems, economic institutions and incentives, markets and prices, supply and demand, market structures, productivity, role of government, global economic concepts, and economic indicators. Junior Achievement volunteers and activities will be incorporated into this course. This course meets LPS Economics graduation credit requirement.
UNITS OF STUDY
UNIT ONE: INTRO TO ECONOMICS
– Economics Defined
– Economic Systems
UNIT TWO: SUPPLY & DEMAND
– Defined & Movement of
– Equilibrium Price
– Surplus & Shortages
– Effects on the Market
UNIT THREE: LABOR & PERFORMANCE
– About the American Labor Force
– Measuring Economic Performance
– Aggregate Demand & Supply
– Busines Fluctuations
UNIT FOUR: MONEY, BANKING, & THE FED
– Functions & Characteristics of Money
– Organization & Functions of the Fed
– Regulation of the Money Supply
UNIT FIVE: GOVERNMENT’S ROLE & ECONOMIC STABILIZATION
– Functions of Government
– The Federal Budget & Taxes
– Unemployment
– Inflation & Deflation
– Fiscal Policy
UNIT SIX: THE INTERNATIONAL SCENE
– International Trade
– Economic Growth in Developing Nations
– The Global Economy
GRADES
Grades are available online via LSW’s Pinnacle Online Grade & Attendance System. Most assignments will be assigned a letter grade; however some assignments may be noted with the following marks instead of a letter grade:
Y – Yes: Assignment has been completed
N – No: Assignments has not been completed
X – Excused: Assignment has been excused & does not need to be completed
Z – Missing: Assignment is missing and needs to be completed
The District Office has mandated that all courses will have a grade book weighted as follows: 80% Summative Assignments (Tests & 20% Formative Assignments. For this class it breaks down as follows:
20% FORMATIVE – Assignments/Projects given throughout the term
80% SUMMATIVE –Final Exam*, Unit Tests, & Quizzes
*The Term Final is worth 1/5 of the Summative Category
POLICIES & PROCEDURES
Students are given a formal presentation of policies and procedures during the first days of class. Hard copies are available in my classroom. You will also find them on this website under “Policies & Procedures”.
Click on the Category “Business Economics” to see the daily posts of the Agenda & Assignments