• Wappingers Central School District

    Social Studies Department

    Course Syllabus

     

    Course Name

    ECONOMICS

     

     

    Course Code

    D655

     

     

    Duration

    Half-Year

     

     

    Grade

    12

     

     

    Credit

    0.5

     

     

    Rank

    1.00

     

     

    Prerequisite

    Must have passed U.S. History and Government

     

     

    Assessment

    Students take a Department final exam based on the content, concepts and themes in this curriculum at the end of the semester.  The final exam counts as 20% of the final course average.  Students must pass this course in order to graduate.

     

     

    Textbook

    Economics: Institutions and Analysis (Amsco, 3rd Edition, 2001)

     

     

    Areas of Study

    Unit I: Introduction to Economics

    A.    Economics and Economic Systems

    B.     Demand

    C.     Supply

    D.    Price

     

    Unit II: Business in the Free Enterprise System

    A.    Business Organizations

    B.     Corporations

    C.     Competitions in the Marketplace

    D.    The Labor Force

    E.     Organized Labor

     

    Unit III: The Government and the Economy

    A.    The Growth of Government

    B.     Growth in Federal Spending

    C.     Regulating Economic Activities

    D.    Public Goods

    E.     Promoting Economic Well Being

    F.      Methods to Stabilize the Economy

    G.    Taxation

    H.    The Federal Budget

     

    Unit IV: Financial Institutions

    A.    Money

    B.     Banking

    C.     The Federal Reserve System: Monetary Policy

    D.    Savings, Borrowing and Credit

    E.     Investors and Investing

     

    Unit V: Setting and Meeting Economic Goals

    A.    Inflation, Recession, and Unemployment

    B.     Measuring Economic Growth

    C.     Fiscal Policy

     

    Unit VI: International Economics

    A.    International Trade

    B.     Economic Developments in Developing Nations