•  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