Jacob Spangler
Embedded Files
AP Economics
Course Description
Course Description
AP Econ is offered to CDS students who are willing and academically prepared to pursue college-level studies—with the opportunity to earn college credit, advanced placement, or both—while still in high school. In this course, like other AP courses, students learn to think critically, construct solid arguments, and see many sides of an issues. They will also create and refine skills that prepare them for college and beyond.
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During the first semester students will study AP Microeconomics which is a college-level course that introduces students to the principles of economics that apply to the functions of individual economic decision-makers. The course also develops students’ familiarity with the operation of product and factor markets, distributions of income, market failure, and the role of government in promoting greater efficiency and equity in the economy. Students learn to use graphs, charts, and data to analyze, describe, and explain economic concepts.
The first semester will consist of the following Microeconomic topics provided by College Board CED.
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During the second semester students will study AP Macroeconomics which is a college-level course that introduces students to the principles that apply to an economic system as a whole. The course places particular emphasis on the study of national income and price-level determination. It also develops students’ familiarity with economic performance measures, the financial sector, stabilization policies, economic growth, and international economics. Students learn to use graphs, charts, and data to analyze, describe, and explain economic concepts.
The second semester will consist of the following Macroeconomic topics provided by College Board CED.
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Students can find more information about the AP Micro Exam here & the AP Macro course and Exam here.
**Students will be expected to have completed some contextualization activities during the summer break which will help prepare them for Unit 1 Basic Economic Principles. Summer Google Classroom
AP Economics Units of Study & Assessment Information
AP Economics Units of Study & Assessment Information
Units for AP Economics will be assessed using the guidelines opposite.
AP Economics Scoring Guidelines.pdfUnits of Study
Units of Study
Please find below the Units of study for both Micro and Macro. Each Unit is broken down
Micro Unit 2: Production, Cost, & Profit
Micro Unit 2: Production, Cost, & Profit
Micro Unit 3: Perfect & Imperfect Competition
Micro Unit 3: Perfect & Imperfect Competition
Micro Unit 4: The Market & Role of Government
Micro Unit 4: The Market & Role of Government
Week by Week Breakdown by Section
Week by Week Breakdown by Section
Please find below the calendar which is attached to your Google Classroom. You will see due dates here and upcoming assessment dates.
AP Economics Big Ideas
AP Economics Big Ideas
The big ideas serve as the foundation of the course and allow students to create meaningful connections among concepts. They are often abstract concepts or themes that run throughout the course. Revisiting the big ideas and applying them in a variety of contexts allows students to develop deeper conceptual understanding. Below are the big ideas for each of the courses with a brief description:
AP Micro:
SCARCITY AND MARKETS (MKT): Economists construct measurements to monitor the state of an economy and evaluate its performance over time. Governments, firms, and citizens often use these measurements to help inform policy, business, and personal decisions.
COSTS, BENEFITS, AND MARGINAL ANALYSIS (CBA): There are trade-offs associated with any decision. Making optimal decisions requires evaluating the additional costs and benefits of possible actions.
PRODUCTION CHOICES AND BEHAVIOR (PRD): Firms seek to minimize costs and maximize profits, which influences their production decisions in the short run and long run.
MARKET INEFFICIENCY AND PUBLIC POLICY (POL): Private markets can fail to allocate resources efficiently, and well-designed public policy can endeavor to promote greater efficiency and equity in the economy.
AP Macro:
ECONOMIC MEASUREMENTS (MEA): Economists construct measurements to monitor the state of an economy and evaluate its performance over time. Governments, firms, and citizens often use these measurements to help inform policy, business, and personal decisions.
MARKETS (MKT): Competitive markets bring together buyers and sellers to exchange goods and services for mutual gain. The simple model of supply–demand can be applied in different market contexts.
MACROECONOMIC MODELS (MOD): Macroeconomic models are simplified representations that depict basic economic relationships and can be used to predict and explain how those relationships are affected by economic shocks.
MACROECONOMIC POLICIES (POL): Government taxation and spending policies and central bank monetary policy can affect an economy’s output, price level, and level of employment, both in the short run and in the long run.
Parents can find more information of the standards assessed in each Broad Learning Category on PowerSchool.
Grading Breakdown
Grading Breakdown
Semester 1 (Micro)
Semester 1 (Micro)
Assessments
Unit Assessment/Midterm 45%
Quizzes (FRQ) 20%
Total 65%
Daily
Homework/Daily work 15%
Albert.io 10%
Notes 10%
Total 35%
Semester 2 (Macro)
Semester 2 (Macro)
Assessments
Unit Assessment 45%
Quizzes (FRQ) 20%
Total 65%
Daily
Homework/Daily work 15%
Albert.io 10%
Notes 10%
Total 35%
Course Expectations
Course Expectations
This course will be graded using traditional grading not Standards Based Grading (SBG).
Deadlines are there to help you keep on track and prepare for the exam.
a) In exceptional circumstances and with discussion with the teacher, a short extension may be granted but these will be dealt with on a one-to-one basis.
Late work will be accepted but it must be completed in a timely manner - preferably no later than one week after the initial due date.
a) If more than two pieces of work are missing at any one time, then students will be automatically put forward for MTSS regardless of their grade.
General Course Expectations (also posted in your google classroom)
Students can expect the following from the teacher concerning the following:
GOOGLE CLASSROOM - All assignments will be posted in Google Classroom. If you are having trouble locating it, please contact your teacher.
RUBRICS AND POLICIES - Once posted here they will not change. However, if a chance is necessary the teacher will inform students well in advance and will clearly mark the changes.
Quick Link High School Policies
Quick Link High School Policies
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