Terrific, you've survived Global Geography!
This next section of the course is a general introduction to Macro and Microeconomics. The study of Microeconomics gives students a thorough understanding of the principles of economics that apply to the functions of individual decision-makers--both consumers and producers--within the larger economic system. It places primary emphasis on the nature and functions of product markets, and includes the study of factor markets and of the role of government in promoting greater efficiency and equity in the economy. Macroeconomics applies the principles of economics to an economic system as a whole. It places primary emphasis on the study of national income and price determination, and also includes the study of economic performance measures, economic growth and international trade.
REQUIREMENTS AND EVALUATION
I. WORKSHEET PACKET
The textbook for this class, What is Economics, is divided
into 12 units. We will cover approximately one unit a week. At
the beginning of every week you will be given a packet of 100 to
150 questions. Many of these questions can be answered from the
unit we are covering in the book, but the packets will also
contain questions whose answers can only be found in handouts,
videos, lectures and additional reference material found in the
classroom and Pine Crest Libraries. You will mark your answers on
a scantron answer card which will be given to you along with your
packet. Unless you are otherwise directed, the packet and the
scantron answer card are to be turned in by the beginning of
class on the following Friday. The scantron card will be returned
to you the following Monday with your grade for the week.
You may NOT assist each other on this packet; you are to do your own work and you will be held responsible for the material in the unit. You may NOT copy other students' answer sheets. The PINE CREST HONOR CODE will be applied to this worksheet packet and anyone caught violating the Honor Code as it applies to this class will be brought before the Pine Crest Honor Court.
Each worksheet packet will count as one test.
|II. ECONOMIC SIMULATIONS
GAZILLIONAIRE is a computer exercise which allows student "companies" to compete against each other as they buy and trade goods in a simulated intergalactic business environment. Each student company will be "graded" by the computer based on growth, profitability, market share, and efficiency. Handy hints can be found on the GAZILLIONAIRE web page.
This simulation will count as one test.
III. FINAL EXAM
No. Unless otherwise instructed by the administration or your teacher, there will NOT be a final examination in this course.
As in the first trimester, this final examination will NOT be counted as two test grades.