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State College Area High School

High School South, 650 Westerly Parkway, 814-231-5020 High School North, 653 Westerly Parkway, 814-231-1111

 Advanced Economics

This is a semester course in Economics with practical application.  The course is a very interactive, seminar style, discussion based course, utilizing the Socratic method. A variety of assessments are used when compiling student grades including:  projects, debates, class participation, tests, quizzes, reports, simulations, and a final exam/project. 
The following chapters will be covered during the semester with additions made where applicable.  The emphasis of the course is on Macroeconomics with an introduction to Microeconomic principles.  Advanced Economics is a weighted course.  Activities include class discussions, research, and written and oral presentations that utilize technology skills.
In addition, students will use Scoodle, other links and  handouts for class activities and assignments.

Title:  Economics  7th edition (hard copy)

Author:  David C. Colander


Careful reading of the text according to schedules provided in class is necessary for success in the course.


An Introduction:

Chapter 1 - Economics and Economic Reasoning

Chapter 2 - The Production Possibilities Model, Trade, and Globalization


Chapter 3 - Economic Institutions

Chapter 4 - Supply and Demand

Chapter 5 – Using Supply and Demand

Chapter 6 – Describing Supply and Demand: Elasticities


Introduction to Macroeconomics and Economic Growth

Chapter 22 (24) – Economic Growth,Business Cycles, Unemployment, and Inflation


Chapter 23 (25) - Measuring the Aggregate Economy

Chapter 24 - (27) - Growth, Productivity,and the Wealth of Nations


Money, Monetary Policy, and Stabilization

Chapter 27 (29)- The Financial Sector and the Demand for Money

Chapter 28(30) - Monetary Policy


Fiscal Policy

Chapter 30 - Fiscal Policy and Public Finance

Chapter 31(32) - Politics, Deficits,and Debt


Microeconomics Introduction

Chapter 7 - Taxation and Government Intervention - Tax unit

Chapter 18 - Who Gets What?  The Distribution of Income



All student work is to be original.


The State College Area School High School Student Handbook defines plagiarism as ‘using someone else’s words or ideas without citing the source of the information’.  It is considered a Level II violation.


Grading:  Based on Total Points

A variety of assessments are used when compiling student grades including:  projects, debates, class participation, tests, quizzes, reports, simulations, and a final exam.



AP Macro study sheet


AP information:  While this course does not specifically teach to the AP exam, study groups during the school year are available for those interested in taking the exam.


Example:  PSU grants 3 credits for scoring a  3 or better on the exam.


AP Exam dates:

- Macroeconomics Wednesday May 10 - afternoon
- Microeconomics  Friday May 12 -morning

 Please check the following web sites for additional information: 


Last Modified on November 29, 2016