ECONOMICS Mrs. Heaton e-mail: kheaton@njuhsd.com office: N6-213 office hours: Wednesdays 10-11am OVERVIEW: This course will emphasize the principles of economics and their application within the free enterprise system. It will include the study of Microeconomics, Macroeconomics, Consumer and Behavioral Economics. This course will challenge you to learn and apply tools of economics to many aspects of business and life. TEXTS: As this is a senior level course, there will be quite a bit of reading required. Students will be required to read the textbook along with a number of other books, analytic essays, news reports and primary sources throughout the semester. TEXTBOOK: "Economics: Concepts and Choices" by McDougal Littell Publishing. OTHER: "The Joy of Economics" by Robert Stonebraker (http://faculty.winthrop.edu/stonebrakerr/book/contents.htm) ATTENDANCE: Prompt daily attendance is expected. All students must be in the classroom and prepared to learn prior to class starting. According to Ghidotti policy, you must attend Saturday School if you have more than 3 tardies during an academic quarter. Additionally, if a student is aware of up-coming absences, it is her/his responsibility to inform Mrs. Heaton before the absences and arrange make-up or alternative work. CONDUCT: GRADING: You are a member of a community of learners. For this class to thrive, I ask that students embrace the following guidelines: RESPECT - All students will respect themselves, their community members and their learning environment. Appropriate language will be used in the classroom—no swearing. READINESS - All students must attend class every day and be ready to actively participate in daily activities. No distracting items are allowed in the classroom. Cell phones are not to be used during class, unless you have first discussed it with Mrs. Heaton. RESPONSIBILITY - All students must accept responsibility for themselves, their actions and their progress in the class. Student performance will be assessed using a variety of assessment methods, including but not limited to: quizzes, exams, homework assignments, and projects. The majority of grading will be from exams. 50% - TESTS (100 pts per unit) 30% - Projects and Homework (60 pts per unit) 20% - In-class Work (40 pts per unit) The Semester Final (June 3-5) will be 15% of your overall grade. MATERIALS: Students are required to bring needed materials to class every day. - a notebook with two sections or a binder with paper for note-taking. - a binder or folder for handouts and on-going work. - bring your textbook on Tuesdays and Thursdays, unless otherwise noted. ** This class will be participating in the nation-wide Stock Market Game, and you will need to be able to keep those materials separate from your other Economics materials. SCHEDULE: (subject to change) Unit 1 – Economics and Choices What is Economics? Scarcity and Opportunity Cost (Ch 1) Different Economic Systems (Ch 2) The American Free Enterprise System (Ch 3) TEST UNIT 1 – 2/10/15 Unit 2 – Money, Banking, and Finance Money and Banking (Ch 10) Financial Markets (Ch 11) TEST UNIT 2 – 3/10/15 Unit 3 – Market Economies at Work Supply and Demand (Ch 4 and Ch 5) Prices and Incentives (Ch 6) Market Structures (Competition and Monopolies) (Ch 7) TEST UNIT 3 – 4/25/15 Unit 4 - Economic Challenges (Ch 13) TEST UNIT 3 – 5/28/15