2nd Trimester, 2008-09
Hours available: Before school 6:30-7:00 AM; Late Directed Study; Prep 1 hour]
Economics is one of the most practical and important subjects in our lives. It covers how individuals,
businesses, and governments provide and acquire goods and services—everything from hamburgers to
houses, air conditioners to airplanes, snowboards to schools. Economics provides ways to study problems
and analyze decisions about every aspect of society including jobs and wages, crime prevention, education,
environmental protection, national defense, and international trade. Economics shapes what happens at
every level of our existence – as individuals, as community members, as US citizens, and as human beings
throughout the world.
Speaking of people, perhaps you’ve heard of some of these students of economics: Ronald Reagan, George
Bush, Sr., Sandra Day-O'Connor, Arnold Schwartzenegger, Ted Turner, Ben Stein, John Elway, Tiger Woods,
Lionel Ritchie, Young M.C., and Mick Jagger. Some of Jagger’s early songs have a connection to concepts of
economics. Do you know ―I Can’t Get No Satisfaction‖ or ―You Can’t Always Get Want You Want‖?
This class will provide you with a survey of the important economic concepts you will experience academi-
cally in future studies and practically in the world outside of school. Among the course objectives are for
students to be able to knowledgeably analyze the political, economic, and business discussions and debates
in the newspaper, on television, and in the political discourse of our political leaders.
The goals of economic education are to help students to become economically literate, effective decision-
makers, and responsible, productive citizens.
Textbooks and Materials
You will not have a formal textbook for this class. If necessary, you will able to sign out a textbook. Typically,
this might be necessary in case you have been (or will be) absent for a prolonged period of time.
Most information for this class will be communicated in the form of handouts, lecture notes and activities. To
help you stay organized, it is strongly suggested that you maintain a folder (or better yet, a 3-ringed binder)
for this class.
Every day you come to class, you are expected to bring a pencil or pen (black or blue ink only), lined paper,
and all materials related to this class.
Class Website – Flashcards, Lost Materials, etc.
The website for this class can be found at the web address listed above. At the website, select ―Economics‖
in the upper right and then register for the class. At the website you will be able to download copies of class
handouts, flashcards and other class materials.
Assignment Category Weight
Chapter Tests and Quizzes 50% >100 = A+ 100-94 = A 93-90 = A-
Assignments 25% 89-88 = B+ 87-84 = B 83-80 = B-
Participation 25% 79-78 = C+ 77-74 = C 73-70 = C-
69-68 = D+ 67-64 = D 63-60 = D-
59-00 = F
(Grading continued on next page)
Late work will be accepted but will be reduced by one letter grade for each week (or fraction) the work is late.
If you have an excused absence, you will have 2 days for each day you are absent to make up the work.
If you have a pre-excused absence for any reason, please see me beforehand. It will be my discretion when
the make up work will be due.
If you miss a test or quiz, it must be made up before or after school.
Class Guidelines and Special Policies
If you follow these four general guidelines, you should do well in this class:
Be PROMPT Be PREPARED Be POLITE Be PRODUCTIVE
Food and Beverage Policy
The only consumable items permitted in class are water, hard candy (no chocolate) and gum.
Anything else will be confiscated and will be returned after school.
Social Studies Field Trip Policy
To be eligible to attend any field trips which would make you absent from this class, you must have a
passing grade and have all work turned in before being approved to attend the field trip. If you have
missing assignments or you are failing this class, your name will be removed from the field trip list.
If you are going to be gone for a field trip, you should get assignments in advance. If you miss class
due to a field trip, you DO NOT get extra time to complete assignments or turn in work unless you
make other arrangements with me. If you miss a test or quiz due to a field trip, it must be made up
before or after school.
Electronic Device Policy
NO electronic devices are allowed in class.
Cell phones may not be used and should be turned completely off and be put away (out of sight).
Music devices such as I-Pods should be turned off. Earphones may not be worn in any manner.
Electronic games are not permitted; calculators may be used only with permission.
1st offense = confiscation for the period;
2 offense = confiscation for the day,
3 offense = confiscation for the trimester or until claimed by your parents.
Hall Pass Policy
You are expected to use your passing time to take care of personal items such as using the restroom,
getting a drink, getting class materials, making phone calls, talking with friends, etc. Passes are for
Academic Honesty Policy
Honesty is expected at all times. Copying another’s assignments or test answers is dishonest and will
result in a zero for the assignment or test. Students who provide work for others to copy are equally
dishonest and guilty. Copying work from the internet or other sources and passing it off as your own is
dishonest, too. It is also quite easy to spot such cases.
The rules and policies described above are designed to achieve a goal I hope we agree on -- your successful
completion of this class. Two key factors to make that come true are (1) you doing the work assigned to the
best of your ability and (2) you getting help when you need it. You have complete control over #1 and some
control over #2. I promise to do my best to watch for signs that you might not understand something, but if
you know before I do that you’re having difficulty, ASK FOR HELP, PLEASE!
Economics Journal (majority of your Participation Grade)
During the trimester, you will be expected to keep a journal of in-class activities. Your participation grade for
this class will be based largely on your journal assignments.
Your journal will be kept in class. IT IS NOT TO LEAVE THE ROOM! During parent-teacher conferences,
your journal will be shown to your parents to help them understand the content discussed in class and your
individual interaction with that content. Your journal will also help you continually review key concepts we
discuss in class.
Daily Journal Instructions
Each day when you enter class, it will be your responsibility to:
(a) retrieve your journal
(b) copy the date and the Daily Journal question from the board into your journal
(c) write an appropriate response using complete sentences.
There will be a Journal question each day of the trimester so it is important to place more than one entry on
each page of your journal. You should skip a line between each daily entry and only write on only one side of
Your Journal entry should be completed within the first few minutes after the tardy bell has rung.
Grading Your Journal
My intent is to grade your Journal every week – at most, every two weeks. Each daily entry will be worth
three points. To earn the three points per day, each Journal entry must consist of:
(i) the date
(ii) the complete question, and
(iii) a thoughtful answer using complete sentences. Note, ―I don’t know‖ is NOT a thoughtful answer.
If any of the 3 pieces of required information is not included for a Journal entry, you will receive a zero for
If you are absent*, it is your responsibility to learn the Journal question for each day you were gone from the
teacher or another student, copy the question(s) into your journal, and respond just as you would if you had
If you are tardy*, you may copy the daily question and respond to it if there is time before we begin the daily
lesson. Otherwise, you must find time to complete the entry when it does not interfere with the lesson for that
*Because your daily participation grade is linked to your Journal entries, although entries not in your
log on a grading day can be made up, they will be reduced by 1 point per day. This includes days
when you were absent.
Sample Journal Entry
Explain the Gross Domestic Product. Give some examples.
Gross Domestic Product (GDP) is a measure of a nation’s wealth. GDP counts
the value of goods produced in one year. Only final goods are counted, so
wheat to make bread isn’t counted but the bread is. The value of a car includes
the steel, rubber and glass produced to make the car.
See the reverse side for more examples.
Below is an entire page from a journal. Notice how the page is organized. Notice the use of complete
sentences and recognize the thought that went into the answers.
(Copy of a former student’s journal will be copied here)
Economics Homework Assignment #1
Your first assignment is to take this syllabus home, review it with a significant adult in your life, get it signed,
and return THIS PAGE ONLY to me by Friday, December 5.
I will contact any student’s parents who do not acknowledge they reviewed this with you.
Student’s Name (PRINTED): ______________________________________________ Hour: _______
I have read, I understand, and I agree to abide by the policies and expectations outlined in the course
syllabus including what materials I need for class, the grading scale, journal assignments, and all policies
described above. I understand the consequences if I do not abide by the Electronic Device Policy.
Student’s Signature Date
Please sign below to indicate you have reviewed the syllabus with your daughter or son. Thank you for doing
If you have any questions or concerns (including if she or he is unable to provide the materials needed for
class), please call or email me or you can add a note below and I will contact you.
Parent’s Signature Date
Relationship to Student
School phone: 763-213-1518