Fertile Beltrami High School
Economics
2014-2015
Mr. Grieve (Rm. 224)
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Basic Course Description: Economics is the study of how people coordinate their wants and desires, given scarce resources and the decision-making mechanisms, social customs, and political realities of their societies. Decisions made by consumers, workers, investors, managers, and government officials interact to determine the allocation of scarce resources. Economics is a way of thinking about the world based on a set of principles that are useful for undertaking almost any economic situation, from decisions that individuals make to the workings of highly complex international financial markets. Economists have developed principles that are useful in understanding the economic decisions of individuals and firms (Microeconomics). Economists also examine the behavior of the economy as a whole through such measures as unemployment, inflation, economic growth, and balance of trade (Macroeconomics).
Current events in the subject area will be included in the course.
Text: Economics Principles and Practices 2012 Glencoe McGraw Hill
Learner objectives:
- Develop a working vocabulary of economic terminology
- Understand the basic key facts, concepts, and theories of economics
- Apply critical thinking skills to the study of economics in preparation for active citizenship
Key concepts we will study:
- What is economics?
- Economic systems and Decision Making
- Supply and Demand
- Prices and Decision Making
- Competition and monopolies
- Marketing and distribution
- Government spends, collects, and owes
- Federal Reserve and monetary policy
- Business organizations and Labor force
- Measuring economic performance
- Money and banking
- Macroeconomics
Grading: I grade on a total points system, based on the following:
Daily AssignmentsTests and AssessmentsQuizzes
Reports and ProjectsClassroom Participation
In order to be eligible for extra credit, a student needs to have all of their work turned in, and if interested, talk to me about extra credit after midterm.
100-93% A92-90% A-89-87% B+86-83% B82-80% B-79-77% C+
76-73% C72-70% C-69-67% D+66-63% D62-60% D-59-0% F
If you need help:
Don’t wait until it is too late!!Please do not hesitate to come talk to me about your questions or concerns. I am generally available before school, my prep is 8th hour, or by appointment.
Class expectations/class participation
-It includes the student’s willingness and effort to follow classroom procedures and expectations. Class participation involves responding to questions and cooperating in class/group discussions and activities. Points in this category will be collected on a random basis or regular basis depending on the need. It also includes any extra credit offered in the class. Extra credit is rarely given during the quarter.
Daily work/Quizzes
- It includes bell ringers, which will be periodically checked and/or collected on a random basis. Class participation involves responding to questions and cooperating in class/group discussions and activities and may fall under daily work on occasions. Students can expect frequent, short quizzes to check for individual understanding. Quizzes may be preplanned or unannounced. Late work will not be accepted in this category.
Assignments
- All assignments must be completed to quality work. Quality work is expected.
- If you are absent from class it is your responsibility to get your assignments for make up work. If there is work which you need to make up for the days absent you will find copies of those assignments on the tables. It is your responsibility to complete the work and turn it in.
- Some assignments may require work outside of class in study hall or at home.
Tests/Projects
- Tests are pre planned and test dates are posted and will be announced in class. Testing occurs in a variety of ways depending on the class and units being covered. Students will be given notice in advance as to the type of testing that will occur.
Expectations
1. Complete and total respect for your classmates, teacher, and classroom.
2. Bring your book/materials/computer to class EVERY DAY.
3. Academic dishonesty will result in the student receiving no credit. In other words, cheating of any kind is a ZERO!
4. Students must make up missing work within two days from the date of the student’s return to school. Refer to the FBHS Student/Parent Handbook for more information. Make up work is the student’s responsibility upon being absent.
5. Homework turned in one day late will be docked 50%. Homework turned in two days late or more will be docked at least 75%. The grading of late work is at the teacher’s discretion. Late work may not be turned in after the material or chapter/unit has been tested on. Projects independent of a chapter/unit will not be accepted two weeks after the due date.