Economics

Syllabus | Spring 2022

Course Description

This course examines the principles of the United States free market economy in a global context. Students examine their individual responsibility for managing their personal finances; analyze the role of supply and demand in determining the prices individuals and businesses face in the product and factor markets, and the global nature of these markets; study changes to the workforce in the United States, and the role of entrepreneurs in our economy, as well as the effects of globalization; explore the challenges facing the United States free market economy in a global environment and various policy-making opportunities available to government to address these challenges.

Credit

Successful completion of this course awards one (1) credit in Economics towards graduation. It is recommended that students confer with their school counselor to track their progress in meeting graduation requirements.

Devices, Instructional Materials, and Resources

For this course all students will be using Jupiter Ed 🔗, an online learning management system (LMS) and student information system (SIS) to complete course assignments, assessments, and projects. In addition, from time to time, students will be required to visit government, mass media and other websites not specified on this site.

Web Enabled Electronic Device

The use of internet technology is required for class activities and assignments.

Instructional Materials

Notebook, textbook (below), unspecified current event resources (print and digital newspapers and other forms of mass media), unspecified online resources.

O'Sullivan, Arthur, and Steven Sheffrin. Economics. Pearson, 2010. Print.

Units of Study

Study of this course has been divided into three units and essential questions. Each topic listed has a corresponding textbook reading for the unit on this syllabus. All students are expected to complete each reading when assigned and will be responsible for the contents.

Unit 1

Unit 2

Unit 3

Personal Finance: Individual Responsibility and the Economy

How can individual economic decisions shape a person’s financial future?

Chapter 1 What is Economics?

Chapter 2 Economic Systems

Chapter 3 American Free Enterprise

Chapter 4 Demand

Chapter 5 Supply

Chapter 6 Prices

Individuals and Businesses in the Market

Is the economic system of the United States of America fair and just?

Chapter 7 Market Structures

Chapter 8 Business Organizations

Chapter 9 Labor

Chapter 10 Money and Banking

Chapter 11 Financial Markets

Chapter 12 Gross Domestic Product and Growth

American Capitalism and the Global Economy

How does globalization affect us?

Chapter 13 Economics Challenges

Chapter 14 Taxes and Government Spending

Chapter 15 Fiscal Policy

Chapter 16 The Federal Reserve and Monetary Policy

Chapter 17 International Trade

Chapter 18 Development and Globalization

Course Expectations and Responsibilities for Success

All stakeholders are expected to be accountable and accept responsibility for teaching, learning. and the well-being for students and teachers. All students are expected to adhere to the highest standards of academic and personal integrity. If it is established that a student has engaged in academic dishonesty disciplinary action shall be aligned with the NYCDOE Citywide Standards of Intervention and Discipline Measures (Grades 6-12): The Discipline Code 🔗.

To succeed all students are expected to establish regular and punctual attendance to maximize teaching and learning and of fundamental and required concepts.

Academic success comes from routines in student learning—building habits and through regular pattern and cadence of instruction.

For Family

The student's family is expected to and responsible for:

proactively notifying the teacher or a school administrator school with any concerns about progress or additional support needed.
support students in being successful by establishing routines and habits that support success for both in person and remote learning.
review NYCDOE's Parent Social Media Guide for Students Over 13 🔗.
review with your child NYCDOE's Social Media Guidelines: 13 and Older 🔗 and ensure appropriate student behavior on web enabled devices.

For Student

The student is expected to and responsible for:

accepting responsibility for learning by completing course instructional activities/assignments within the posted timelines.
arriving on time for in-person scheduled classes
participating in check-ins, discussions, and other communication in person or via Jupiter Ed.
reviewing teacher feedback/messages and completing any follow-up activities as assigned.
proactively notifying the teacher or a school administrator school with any concerns about progress or additional support needed.
review (with a parent) and follow NYCDOE's Social Media Guidelines: 13 and Older 🔗.

For Teacher

The teacher is expected to and responsible for:

posting and scoring assignments in Jupiter Ed, consistent with the subject content standards of their respective classes.
monitoring student participation in activities, for scoring course assignments and assessments, and providing timely feedback on submitted assignments.
communicating with families about student progress.
interacting with students and families, account for attendance, and respond to messages from students and families in a timely fashion.
informing the school based Student Support Team of any student/family that is not engaging,
ensuring that activities and assignments will be archived for students to access later.

Record-Keeping and Attendance Rules

Student attendance shall be recorded for each session that the course section is scheduled to meet. A student that does not attend in-person during a scheduled course section meeting shall be marked as "A" for an absence in the course section roll; even if reasons were provided or excused.

A student that arrives after the start of a course section session begins but prior to its end shall be marked as "L" for late in the course section roll.

Please note: there is no general remote learning option for the spring 2022 term. Find out more information regarding school attendance 🔗 posted by NYCDOE.

Grades

At High School of Economics & Finance, Economics is offered exclusively in the spring semester. The spring semester is divided into three marking periods in which a student's progress is recorded on a student progress report card. A student's final course grade will be recorded to the official permanent transcript record at the conclusion of the spring semester. If needed, academic Intervention Services will be offered in compliance with NYSED at the discretion of the teacher.

Score Calculation^

The teacher will determine a student’s grade using these weighted categories: Assessment, Engagement, Extension, and Instruction. Students can demonstrate competency of the New York State Common Core Social Studies 9-12 Framework for Economics standards by earning a minimum cumulative passing average (65) during the term to earn credit for this course.

^Category weights subject to change in accordance with NYCDOE High School Academic Policy Guide

Assessment, 20%

All students are expected to complete formative and summative assessments including a Midterm and Final Examination. Assessments are aligned to NYS Standards and each is prepared using a logical, linear, and scaffold approach. Student attention and involvement is necessary for a complete learning experience.

Engagement 10%

Research has demonstrated that a student that is engaged in the learning process increases attention and focus, and is motivated to practice higher-level critical thinking skills, and creates a meaningful learning experience.

Extension, 15%

All students are expected to complete extension assignments by a posted due date. Extension assignments are aligned to NYS Standards and each is prepared using a logical, linear, and scaffold approach. Student attention and involvement is necessary for a complete learning experience. Additional work outside of the classroom is an essential part of the course of study (including assigned readings).

Instruction, 55%

All students are expected to complete all instructional assignments on time to the best of her or his ability. Instructional assignments are aligned to NYS Standards and each is prepared using a logical, linear, and scaffold approach. Student attention and involvement is necessary for a complete learning experience.

Semester Scoring Periods*

Marking Period 1 Progress Grade Report - March 18, 2022

Midterm Growth Assessment Administration - April 7 and 8, 2022

Marking Period 2 Progress Grade Report - May 6, 2022

Final Assessment Administration - May 26 and 27, 2022

Marking Period 3 Progress Grade Report - June 14, 2022

Semester Course Grade Report for Official Transcript - June 23, 2022

*Dates subject to change in accordance with High School of Economics & Finance and NYCDOE High School Academic Policy Guide 🔗

Bonus Assignments

Periodically, additional engagement and extension activities may be offered as bonus assignments. These are limited, timed, exclusive opportunities to increase a grade. The incentive to complete bonus activities are embedded with additional points to be earned for successful completion. No score penalties shall be applied for incorrect or non-completion.

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