Economics is the study of how individuals, businesses, and governments make decisions about the allocation of scarce resources. The Economics/ Business/Free Enterprise course provides students with a basic foundation in the field of economics. The course has five sections: fundamental concepts, microeconomics, macroeconomics, international economics, and personal finance. In each area, students are introduced to major concepts and themes concerning that aspect of economics.
Curriculum maps are used to communicate the expectation for instruction that will implemented in the Economics/ Business/Free Enterprise course. This map provides an outline of what standards are taught in each unit. It also outline Connecting Themes/Enduring Understandings used in Economics. Enduring understandings transcend specific units and courses and increase student understanding and retention of knowledge.
At the end of the Economics course, students will be assessed on the knowledge they have acquired throughout the school year. As apart of the DCSS graduation requirements, students will be required to take the Georgia Milestones End of Course Assessment for Economics. Below you will find guides that can be used to support your learner and help you better understand the requirements and structure for the state mandated assessment.
The Georgia Milestones Economics/ Business/Free Enterprise EOC Assessment Guide is provided to acquaint Georgia educators and other stakeholders with the structure of and content assessed by the test.
*Click arrow in top right hand corner to expand.The Georgia Milestones Economics/ Business/Free Enterprise EOC Study/Resource Guide for Students and Parents is intended as a resource for parents and students. This guide contains information about the core content ideas and skills that are covered in the course. There are practice sample questions for every unit. The questions are fully explained and describe why each answer is either correct or incorrect. The explanations also help illustrate how each question connects to the Georgia state standards. In addition, the guide includes activities that you can try to help you better understand the concepts taught in the course.
*Click arrow in top right hand corner to expand.Just the Facts are summaries of the Economics/ Business/Free Enterprise Standards. They provide a detailed overview of the content that students are expected to learn for mastery of each standard. These printable documents can be used to remediate or enrich your child's learning! This information was compiled from the GA DOE Teachers Notes.
Shout to the Social Studies Department at Dougherty High for the creation of these documents! Modified Teacher Notes from GADOE.
The Georgia Council on Economic Education is proud to provide this Economics Practice Test app to help students test their knowledge of economic fundamentals, microeconomics, macroeconomics, international trade, and personal finance. While the app helps students specifically prepare for the Georgia High School Economics End of Course Test, the content knowledge assessed in the app can be used by any student of economics.
Price Floors and Price Ceilings
Supply, Demand and Equilibrium Price
Marginal Cost, Marginal benefit and rational Decision Making
Rational Decision Making and Post High School Options
Roles of Government in the U.S. Economy
Fiscal Policy & Budgeting: Tradeoffs & Externalities Happen! Part 1
Fiscal Policy & Budgeting: Tradeoffs & Externalities Happen! Part 2