Pickens High School
12th Grade Economics
Donny White
Email: [email protected]
Phone: (706) 253-1800, ext. 412
Textbooks / Workbooks:
Grade Weights:
· Summative Assessments 40%
· Formative Assessments 60%
Economics
Donny White- [email protected]
Carole [email protected]
COURSE OBJECTIVE: Economics is a semester long course, and is required for a high school diploma in the state of Georgia. The course is designed to engage students in basic economic concepts revolving around 5 areas of study to include fundamentals, microeconomics, macroeconomics, international trade, and personal finance.
COURSE FRAMEWORK: As set forth by the Georgia Department of Education outlined below: Unit 1 Fundamentals of Economics: explain why limited productive resources and unlimited wants result in scarcity, opportunity costs and trade-offs for individuals, businesses and governments; how rational decision making entails comparing the marginal benefits and the marginal costs of an action, explain how specialization and voluntary exchange between buyers and sellers increase the satisfaction of both parties, compare and contrast different economic systems, and explain how they answer the three basic economic questions of what to produce, how to produce and for whom to produce, and describe roles of government in a market economy. Unit 2 Microeconomics: Describe how households, businesses, and governments are interdependent and interact through flow of goods, services, and money, explain the Law of Demand, the Law of Supply, prices, and profits work to determine production and distribution in a market economy, explain the organization and role of business and analyze the four types of market structures in the U.S. economy, Unit 3 Macroeconomics: Explain that overall levels of income, employment and prices are determined by the spending and production decisions of households, businesses, government and net exports, define Gross Domestic Product (GDP), economic growth, unemployment, Consumer Price Index (CPI), inflation, stagflation and aggregate supply and aggregate demand, explain how economic growth, inflation and unemployment are calculated, identify structural, cyclical and frictional unemployment. Unit 4 International economy: explain how changes in exchange rates can impact the purchasing power of individuals in the United States and in other countries, will explain why individuals, businesses and governments trade goods and services, explain why countries sometimes erect trade barriers and sometimes advocate free trade Unit 5 Personal Finance: apply rational decision making to personal spending and saving choices, explain that banks and other financial institutions are businesses that channel funds from savers to investors, explain how changes in monetary and fiscal policy can have an impact on an individual’s spending and saving choices, evaluate the costs and benefits of using credit, describe how insurance and other risk-management strategies protect against financial loss, describe how the earnings of workers are determined in the marketplace
CLASSROOM EXPECTATIONS: *All school rules apply in this classroom.
*You are to be in your assigned desk with all materials ready when the tardy bell rings.
*Be prepared to participate in a learning environment everyday with an economics textbook, pen or sharpened pencil, and your organized notebook with paper.
ATTENDANCE/TARDY POLICY:
Attendance in class is very important. The tardy policy is as follows: 1st and 2nd warning by teacher
3rd + referral to office handled by an administrator
MAKE-UP WORK/LATE WORK: Make-up work is defined as school work you have missed because you are not physically present in class. You are responsible for asking about what you have missed during your absence.
COURSE GRADE:
Each nine weeks counts 40% for a total of 80% and the economics EOCT is the final exam counts 20%=100%
9 weeks grade will be calculated as follows:
60% Tests
40% Daily Work
INFINITE CAMPUS:
Parents may stay informed of their student’s attendance and grades by using Infinite campus. Once work is collected from their student, a grade will be entered within 72 hours. Infinite campus is a tool to inform parents and students of their average. Infinite campus cannot adequately address requirements or subject matter. Those issues are best discussed with your student who is enrolled in the course.
TESTS:
It is very important to be in class on the day of a test. All make-up tests will be during regularly scheduled school day. Being absent is highly discouraged due to students missing instruction for that day due to taking a test. If you fail a test or a quiz you may make arrangements to do test corrections or to retake the test.
SCHOLASTIC DISHONESTY/PLAGERISM PROTOCOL: Scholastic dishonesty/plagiarism is defined as any work that is not your own. Students that have plagiarized any portion of their written work shall receive a grade of a 1. For the first offense a student may rewrite the assignment for a grade no higher than a 70. Each offense after the first, the student receives a 1 with no rewrite.
12th Grade Economics
Donny White
Email: [email protected]
Phone: (706) 253-1800, ext. 412
Textbooks / Workbooks:
Grade Weights:
· Summative Assessments 40%
· Formative Assessments 60%
Economics
Donny White- [email protected]
Carole [email protected]
COURSE OBJECTIVE: Economics is a semester long course, and is required for a high school diploma in the state of Georgia. The course is designed to engage students in basic economic concepts revolving around 5 areas of study to include fundamentals, microeconomics, macroeconomics, international trade, and personal finance.
COURSE FRAMEWORK: As set forth by the Georgia Department of Education outlined below: Unit 1 Fundamentals of Economics: explain why limited productive resources and unlimited wants result in scarcity, opportunity costs and trade-offs for individuals, businesses and governments; how rational decision making entails comparing the marginal benefits and the marginal costs of an action, explain how specialization and voluntary exchange between buyers and sellers increase the satisfaction of both parties, compare and contrast different economic systems, and explain how they answer the three basic economic questions of what to produce, how to produce and for whom to produce, and describe roles of government in a market economy. Unit 2 Microeconomics: Describe how households, businesses, and governments are interdependent and interact through flow of goods, services, and money, explain the Law of Demand, the Law of Supply, prices, and profits work to determine production and distribution in a market economy, explain the organization and role of business and analyze the four types of market structures in the U.S. economy, Unit 3 Macroeconomics: Explain that overall levels of income, employment and prices are determined by the spending and production decisions of households, businesses, government and net exports, define Gross Domestic Product (GDP), economic growth, unemployment, Consumer Price Index (CPI), inflation, stagflation and aggregate supply and aggregate demand, explain how economic growth, inflation and unemployment are calculated, identify structural, cyclical and frictional unemployment. Unit 4 International economy: explain how changes in exchange rates can impact the purchasing power of individuals in the United States and in other countries, will explain why individuals, businesses and governments trade goods and services, explain why countries sometimes erect trade barriers and sometimes advocate free trade Unit 5 Personal Finance: apply rational decision making to personal spending and saving choices, explain that banks and other financial institutions are businesses that channel funds from savers to investors, explain how changes in monetary and fiscal policy can have an impact on an individual’s spending and saving choices, evaluate the costs and benefits of using credit, describe how insurance and other risk-management strategies protect against financial loss, describe how the earnings of workers are determined in the marketplace
CLASSROOM EXPECTATIONS: *All school rules apply in this classroom.
*You are to be in your assigned desk with all materials ready when the tardy bell rings.
*Be prepared to participate in a learning environment everyday with an economics textbook, pen or sharpened pencil, and your organized notebook with paper.
ATTENDANCE/TARDY POLICY:
Attendance in class is very important. The tardy policy is as follows: 1st and 2nd warning by teacher
3rd + referral to office handled by an administrator
MAKE-UP WORK/LATE WORK: Make-up work is defined as school work you have missed because you are not physically present in class. You are responsible for asking about what you have missed during your absence.
COURSE GRADE:
Each nine weeks counts 40% for a total of 80% and the economics EOCT is the final exam counts 20%=100%
9 weeks grade will be calculated as follows:
60% Tests
40% Daily Work
INFINITE CAMPUS:
Parents may stay informed of their student’s attendance and grades by using Infinite campus. Once work is collected from their student, a grade will be entered within 72 hours. Infinite campus is a tool to inform parents and students of their average. Infinite campus cannot adequately address requirements or subject matter. Those issues are best discussed with your student who is enrolled in the course.
TESTS:
It is very important to be in class on the day of a test. All make-up tests will be during regularly scheduled school day. Being absent is highly discouraged due to students missing instruction for that day due to taking a test. If you fail a test or a quiz you may make arrangements to do test corrections or to retake the test.
SCHOLASTIC DISHONESTY/PLAGERISM PROTOCOL: Scholastic dishonesty/plagiarism is defined as any work that is not your own. Students that have plagiarized any portion of their written work shall receive a grade of a 1. For the first offense a student may rewrite the assignment for a grade no higher than a 70. Each offense after the first, the student receives a 1 with no rewrite.