Advanced EconomicsThis 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.
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
Chapter 30 - Fiscal Policy and Public Finance
Chapter 31(32) - Politics, Deficits,and Debt
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 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: