Economics

Economics - .5 credits
GRADES 11-12 ONE SEMESTER COURSE
Students will study contemporary economics.  In contemporary economics, students will study how people attempt to satisfy unlimited wants with limited resources. The trade-offs and opportunity cost of these economic decisions, and the role of government will be examined. Fiscal policy, supply and demand, economic reasoning, business cycle, gross domestic product, unemployment, economic development and inflation will be studied. 

As a result of their completion of Economics, students will be able to:

  • Describe the basic characteristics of the U.S. economic system, with the emphasis on the role of private property, the price system, competition and entrepreneurship.
  • Demonstrate how fundamental economic concepts, such as markets, incentives, and opportunity costs, operate in the United States and throughout the world.
  • Develop an understanding of the economic principles that influence business decisions.
  • Describe the economic roles governments play in the market economy.
  • Understand the need for ethical standards for business leaders, producers and consumers.
  • Foster appropriate life, study and decision-making skills.
  • Reinforce important academic and leadership skills of research and data analysis, problem-solving and critical thinking, small group participation and leadership, and public speaking.
  • Explore career opportunities, consumer issues, and other aspects of personal economics.
  • Benefit from their contact with members of the business community.

Economics


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  24k v. 1 Jan 10, 2014, 8:39 AM Kevin Murray
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Chapter 3 Notes  440k v. 4 Jan 14, 2014, 9:02 AM Kevin Murray
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Supply and Demand Chapter Part 1   2134k v. 4 Jan 14, 2014, 9:02 AM Kevin Murray
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Supply and Demand Chapter Part 2  2228k v. 2 Jan 3, 2012, 10:12 AM jwallace@mountvernon.k12.ia.us
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Supply and Demand Chapter Part 3  486k v. 4 Jan 14, 2014, 9:02 AM Kevin Murray
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  15k v. 2 Mar 5, 2015, 7:27 AM Kevin Murray
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  36k v. 2 Mar 25, 2015, 6:41 AM Kevin Murray
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  15k v. 2 Mar 25, 2015, 6:41 AM Kevin Murray
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Market Efficiency  14k v. 2 Apr 14, 2014, 8:42 AM Kevin Murray
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  15k v. 2 Apr 14, 2014, 8:52 AM Kevin Murray
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  May 22, 2014, 8:15 AM Kevin Murray
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8 Major Benefits of the Credit Card Act of 2009  88k v. 2 Jan 10, 2012, 9:57 AM jwallace@mountvernon.k12.ia.us
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This is an interactive guide to the Credit Card Act of 2009  Dec 8, 2011, 12:39 PM jwallace@mountvernon.k12.ia.us
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FULL Credit CARD Act of 2009 PDF. Credit Card Reform at it's Finest.  239k v. 2 Dec 8, 2011, 12:37 PM jwallace@mountvernon.k12.ia.us
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  25k v. 2 May 8, 2013, 8:30 AM Kevin Murray
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Credit Packet Part 1  1809k v. 2 Dec 1, 2011, 10:20 AM jwallace@mountvernon.k12.ia.us
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Credit Packet Part 2  1378k v. 2 Dec 1, 2011, 10:21 AM jwallace@mountvernon.k12.ia.us
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Credit Basics Presentation  381k v. 2 Dec 1, 2011, 10:12 AM jwallace@mountvernon.k12.ia.us
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The surprising history and clever tactics of an industry few Americans fully understand. (2004)  Dec 8, 2011, 1:11 PM jwallace@mountvernon.k12.ia.us
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Economic Questions and Economic Systems  1399k v. 2 Dec 13, 2011, 10:55 AM jwallace@mountvernon.k12.ia.us
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This is a video done by a Canadian that does a very good job of explaining Command Economies vs. Market Economies.  Dec 14, 2011, 8:20 AM jwallace@mountvernon.k12.ia.us
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Economic Systems Nations Exercise  48k v. 2 Dec 15, 2011, 9:47 AM jwallace@mountvernon.k12.ia.us
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Economic Systems  1381k v. 2 Dec 12, 2011, 10:00 AM jwallace@mountvernon.k12.ia.us
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Short history on the Free Market Economy  Dec 14, 2011, 8:11 AM jwallace@mountvernon.k12.ia.us
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Market Food Day Activity  12k v. 2 Dec 14, 2011, 6:56 AM jwallace@mountvernon.k12.ia.us
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Price Elasticity Assessment: Download. Complete. Print. Turn in.   12k v. 2 Oct 3, 2011, 10:02 AM jwallace@mountvernon.k12.ia.us
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Elasticity Notes  511k v. 2 Oct 3, 2011, 10:02 AM jwallace@mountvernon.k12.ia.us
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Click this link for the 2011 Fortune 500 list of 500 best companies.  Sep 1, 2011, 11:19 AM jwallace@mountvernon.k12.ia.us
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Fortune 500 Activity  12k v. 2 Sep 1, 2011, 11:17 AM jwallace@mountvernon.k12.ia.us
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Selection of Famous Investors - You will be assigned one to research and report  11k v. 2 Nov 3, 2011, 10:05 AM jwallace@mountvernon.k12.ia.us
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Investing PDF = Use for Partner Presentation  1362k v. 2 Nov 28, 2011, 11:21 AM jwallace@mountvernon.k12.ia.us
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More Investing Information  191k v. 2 Nov 3, 2011, 10:05 AM jwallace@mountvernon.k12.ia.us
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Investing w/ Compound Interest Involved  409k v. 5 Nov 7, 2011, 8:06 AM jwallace@mountvernon.k12.ia.us
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Investing Pre-Test - Download and work through in conjunction with the Stockmarket 101 PowerPoint  21k v. 2 Nov 3, 2011, 10:05 AM jwallace@mountvernon.k12.ia.us
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A look at different Investing Strategies  1334k v. 2 Nov 3, 2011, 10:05 AM jwallace@mountvernon.k12.ia.us
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Investing Options Presentation Project  12k v. 2 Nov 17, 2011, 11:21 AM jwallace@mountvernon.k12.ia.us
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Investing Options Presentation Project  12k v. 2 Nov 17, 2011, 11:21 AM jwallace@mountvernon.k12.ia.us
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Written by the Wall Street Journal - How to interpret a Stock Guide. Gives a history of the Dow Jones Industrial Average Index.   247k v. 2 Nov 3, 2011, 10:05 AM jwallace@mountvernon.k12.ia.us
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An in depth look at how the Stock Market works.    99k v. 3 Jan 9, 2012, 9:41 AM jwallace@mountvernon.k12.ia.us
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This is a link to the PBS NOVA Website where you can access the Mind Over Money Video  Dec 20, 2011, 3:37 AM jwallace@mountvernon.k12.ia.us
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This is an article written by the producer of NOVA: Mind Over Money.  Dec 20, 2011, 3:36 AM jwallace@mountvernon.k12.ia.us
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Students will explain the concept of Market Efficiency. Identify what is needed for a market efficiency to hold. Explain "buy and hold" versus "market timing" investment strategies. Use the concept of Market Efficiency to explain why investors find it difficult to time the markets. Explain importance of long-term investment horizons for investors.  Apr 16, 2013, 8:16 AM Kevin Murray
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  15k v. 2 Apr 19, 2013, 8:17 AM Kevin Murray
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  14k v. 2 Apr 16, 2013, 8:16 AM Kevin Murray
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