Unit Content and Skill Standards Content Topics Unit Content and Skill Standards Content Topics Unit 1 What is Economics? 4 weeks Iowa Core Standards: Economics 9-12.E.1, RH.9-12.4 Common Core E/LA Standards in History and Social Science: RH.11-12.7 The Individual and the Economy Basics Using information from different sources Unit 4 Economic Policy 6 weeks Iowa Core Standards: Economics 9-12.E.3, 9-12.E.5, 9-12.E.7, Common Core E/LA Standards in History and Social Science: RH.11-12.7 Economic Interdependence Monetary Policy Economic Interdependence Fiscal Policy Using information from different sources Unit 2 Supply, Demand, and Markets 4 weeks Iowa Core Standards: Economics 9-12.E.1, RH.9-12.4 Common Core E/LA Standards in History and Social Science: RH.11-12.7 The Individual and the Economy Supply/Demand Using information from different sources Unit 5 Globalization 2 Iowa Core Standards: Economics 9-12.E.3, 9-12.E.5, 9-12.E.7, Common Core E/LA Standards in History and Social Science: RH.11-12.7 Economic Interdependence Globalization Using information from different sources Unit 3 Intro to 4 weeks Iowa Core Standards: Economics 9-12.E.3, 9-12.E.5, 9-12.E.6, 9-12.E.7, RH.9-12.4 Common Core E/LA Standards in History and Social Science: RH.11-12.7 Economic Interdependence Macroeconomics Using information from different sources
Unit 2: Supply, Demand, and Market Structures Why do choices and incentives influence the behavior of individuals, businesses, and economic institutions? 4 weeks Enduring Understandings Suggested Texts and Resources In this unit, students examine the economic concepts of demand, supply, and market structures. All of these concepts help us understand why markets work. Demand and supply are the two forces that make market economics work. Demand reflects what consumers are willing and able to pay at different prices. Supply is an indication of what producers are willing Economics: Concepts and Choices, HM Chapter 4, Chapter 5, Chapter 6, Chapter 7 Econ TCI Teacher Materials Online Demand and Supply Markets, Equilibrium, and Prices Market Structures and Market Failures
macroeconomics. Students examine the three key economic indicators: inflation rate, GDP, and unemployment rate. These and other indicators help economists figure out the economy’s position in the business cycle. This program, funded by Principal Financial Group, requires online access. Students who successfully complete the program earn a “Certificate of Completion.” The teacher’s guide and all resources can be found online: Our contact for this resource is Lincoln Hughes at Web Sites Foundation for Teaching Economics Reffonomics “Shopper on the Go” Newspaper Headlines NPR: This American Life: The Invention of Money – Act 2. WebQuest Economic Indicators: Learn 360 Link to Course Resources: Scales
Would a nation be better off if it made everything it consumed? 2 weeks Enduring Understandings Suggested Texts and Resources In this unit, students explore concepts of free trade, imports/exports, protectionism, and balance of trade. The United States plays an active part in the global economy. U.S. trade with other countries has expanded in recent decades and has contributed to economic growth both at home and abroad. Globalization has changed the way we interact and do business. In essence, it is the integration of economies and societies around the world. Critics emphasize its costs, however, while supporters point to its benefits. Economics: Concepts and Choices, HM Chapter 17, Chapter 18 Econ Alive! TCI Teacher Materials Online from Trade, The United States and the Global Economy, The Costs and Benefits of Globalization Web Sites Foundation for Teaching Economics Reffonomics “Shopper on the Go” Film: 60 Minutes - Brazil’s Rising Star. PBS Frontline Heartland AEA Resources Culture Grams Economic Freedom Index Link to Course Resources: Scales