Mr. Kesselring
Economics Syllabus
Unit 1-Introduction to Economics
August 6-11
Chapter Topic GPS
Chapter 1 What is Economics?
Scarcity & Factors of Production SSEF 1 ABC
Opportunity Cost SSEF 1D-2B SSEPF 1AB
Production Possibility Curve SSEF 2A
Graded Items- Vocab Quiz; Reading Quiz Chap 1 Sec. 1, Opportunity Cost Grid,
Production Possibility Curve Graph, Business Plan
August 14-21
Chapter 2 Economic Systems
Answer The 3 Economic Questions SSEF 4B
The Free Market SSEF 3AB 4AB SSEMI 1A
Centrally Planned Economies SSEF 4B
Modern Economies SSEF 4A
Graded Items- Chapter Quiz, Circular Flow Comparison, Smith vs Marx
August 23-31
Chapter 3 American Free Enterprise
Benefits of Free Enterprise SSEF 3A
Promoting Growth & Stability SSEF 6B
Providing Public Goods SSEF 6B-5A
Providing a Safety Net SSEF 5ABF
Graded Items- Vocabulary, Business Plan, Unit Test
Unit 2 How Markets Work
September 4-11
Chapter 4 Demand
Understanding Demand SSEMI-2A
Shifts of the demand Curve SSEMI-3A
Elasticity of Demand SSEMI-3C
Graded Items- Demand curve movements, Business Plan, Reading Quiz
September 12-18
Chapter 5 Supply
Understanding Supply SSEMI-2A
Cost of Production SSEMI-2B SSEMI 3B
Changes in Supply SSEMI-3A
Graded Items- Business Plan, Vocabulary, Production Chart, Supply Curve
September 19-24
Chapter 6 Prices
Combining Supply and Demand SSEMI-2C
Changes In Market Equilibrium SSEMI-2B SSEMI-3B
The Role of Prices SSEF-2BCD
Graded Items- Test on Chapter 4,5 & 6
Chapter Topic GPS
September 25- October 3
Personnel Finances
Credit Good & Bad SSPF 4
Insurance SSPF 5
Personal Spending Options SSPF 1
Using Financial Institutions SSPF 2
Determine the value of workers SSPF 6
Graded Items- Notes from guest speakers, Spending Log
October 4-5 Nine Week Test
October 9-12
Unit 3-Business and Labor
Chapter 8-Business Organizations
Sole Proprietorship&Partnerships SSEMI-4AB
Corporations & Mergers SSEMI-4C
Chapter 9- Labor
Labor markets and Wages SSEPF 6
Organized Labor SSEPF 6
Graded Items- Quiz over Chapters 8&9, Business Plan
Unit 5-Measuring Economic Performance
October 15-19
Chapter 12-GDP and Growth
GDP SSEMA-1A
Business Cycles SSEMA-1E
Economic Growth SSEPF- 1B
Graded Items- Reading Quiz, Chart
Chapter 13-Economic Challenges
Unemployment SSEMA-1AD
Inflation SSEMA-1CE
Poverty SSEMA-1A
Graded Items- Vocabulary, Video questions, Business Plan
Unit 6-Government and the Economy
October 22-November 2
Chapter 14- Taxes and Government Spending
What Are Taxes? SSEMA-3B
Federal Taxes SSEPF-3B
Federal Spending SSEMA-3AB-1A
State and Local tax spending SSEPF-3
Chapter 15- Fiscal Policy
Understanding Fiscal Policy SSEMA-3AB
Fiscal Policy Options SSEMA-3BA
Budget deficit & National Debt SSEMA-1F
Graded Item- Test on Chapter 14&15, Debate Questions, Guest Speaker Questions, Vocabulary
November 5-9
Chapter 16-The Federal Reserve and Monetary Policy
The Federal Reserve System SSEMA-2A
The Federal Reserve Function SSEMA 2B
Monetary Policy Tools SSEMA 2C
Monetary Policy and Macroeconomic SSEMA-2C
Graded Items- Vocabulary, Questions, Video Questions
November 13-16
Chapter 17- International Trade
Why Nations Trade SSEIN-1A
Trade Barriers & Agreements SSEIN-ABCDE
Measuring Trade SSEIN-3ABCD
Graded Items-Business Plan, Quiz, Vocabulary, Essay
November 26-30
Chapter 18- Economic Development and Transition
Levels of development SSEIN-2
Issues in development SSEIN-2
Financing Development SSEIN-2
Transition to Free Enterprise SSEIN-2
December 3-7
Presentations of Business Plans
December 10-18
Review for Exam and Exam