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High Economics
Number of credits, estimated completion time.
1 Semesters
Pre Requisites
Algebra 1 recommended
Description
This course satisfies the Florida Economics graduation requirement, but does NOT satisfy the Personal Financial Literacy graduation requirement.
Economic decisions affect us every day of our lives. Understanding economics means thinking about how scarcity, or limited resources, requires us to make choices and evaluate our options. In this course, you will recognize examples of economics in your daily life. You will understand how the economic choices of larger groups, like businesses and governments, affect you and others. As you progress through the course, you will recognize that the costs and benefits of choices connect individuals and groups around the world. Access the site links below to view the Florida Department of Education description and standards:
Regular course description: http://www.cpalms.org/Courses/PublicPreviewCourse575.aspx
Honors course description: http://www.cpalms.org/Courses/PublicPreviewCourse577.aspx
Topics and Concepts
Module 1
- How economics influences our daily lives
- Three basic economic questions
- Wants versus needs
- Scarcity and opportunity cost
- Law of Diminishing Marginal Utility
- Cost-benefit analysis
- Demand and supply
- Equilibrium price
- Functions and characteristics of the money supply
- Money versus currency
- Gross versus net income
- Direct versus indirect taxes
- Progressivity of taxes
- Tax returns
- Savings and checking accounts
- Savings and investment types
- Relationship between inflation, nominal interest rate, and real interest rate
- Government's role in the investment market
- Risk and rate of return on investments
Module 2
- Circular-flow diagram
- Factors of production
- Entrepreneurship
- Contributions of entrepreneurs to the developing United States
- Different forms of business organization
- Characteristics of different market structures
- Market competition
- Productivity and marginal cost analysis
- Factors that impact the earnings of workers
- Production possibilities curves
- Capital investments
- Positive and negative externalities
- Impact of externalities on consumers and society
- Wage and price controls
- Natural monopolies and the purposes of government regulation
Module 3
- Phases of the business cycle
- Unemployment and inflation
- Gross domestic product (GDP)
- Tools and goals of fiscal policy
- Debt, deficit, and surplus
- National budget
- Organization and functions of the Federal Reserve System
- Relationships between consumers, banks, and the Federal Reserve System
- Tools and goals of monetary policy
- Theories of prominent economists
- Traditional, market, command, and mixed economies
- Role of society and culture in economic organization
- Broad economic goals
- Indicators of national economic health
- Absolute and comparative advantage
- Free trade and barriers to trade
- Protectionism strategies
- Consumer Price Index as a measure of inflation
- Effects of inflation on different levels of society
- International exchange rates
Grading Policy
Besides engaging students in challenging curriculum, the course guides students to reflect on their learning and evaluate their progress through a variety of assessments. Assessments can be in the form of practice lessons, multiple choice questions, writing assignments, projects, research papers, oral assessments, and discussions. This course will use the state-approved grading scale. Each course contains a mandatory final exam or culminating project that will be weighted at 20% of the student’s overall grade.***
***Proctored exams can be requested by FLVS at any time and for any reason in an effort to ensure academic integrity. When taking the exam to assess a student’s integrity, the exam must be passed with at least a 59.5% in order to earn credit for the course.
Ready to start?
Courses subject to availability.
Pursuant to s. 1002.20, F.S.; A public school student whose parent makes written request to the school principal shall be exempted from the teaching of reproductive health or any disease, including HIV/AIDS, in accordance with the provisions of s. 1003.42(3). Learn more about the process and which courses contain subject matter where an exemption request can be made.
IMAGES
VIDEO
COMMENTS
Economics. 999+ Documents. Students shared 1748 documents in this course. Level Standard. School Florida Virtual School - Orlando. Academic year: 2024/2025. Uploaded by: ... 01.09 Your Budget - assignment; Copy of Interactive FICO Credit Scores; Part A—Respond to the following questions regarding fiscal p; Related documents. Econ- Consumer ...
This is a short little answer key to the assignment. Topic. Government Taxation, Fiscal Policy, and Monetary Policy. Subject. Economics. 999+ Documents. Students shared 1708 documents in this course. Level Standard. ... Economics. Assignments. 97% (95) 2 - 2.1 Data Crunch - Hope it helps. Economics. Assignments. 97% (33) 1. 2.02 Factors OF ...
3.05 Economics Madalyn Thompson 4/14/2020 1.What product market did you choose for this data to represent? Explain why. I chose to let this data represent air conditioning repairs. 2.At which price and quantity does marginal cost nearly equal marginal revenue without exceeding it?
3.05 Getting The Most For Your Money Reflection Questions Data Table What product market did you choose for this data to represent? Explain why. I chose for the data to represent cell phone contracts because the prices are about the same. At which price and quantity does marginal
03.05 Getting the Most for Your Money. Start. Determine a product market (a specific good or service) appropriate to the prices listed. I have chosen a cleaning service to be appropriate. Economic analysis/exploration for Colombia W W W Economic analysis/exploration for Colombia. Gabrielle Creagh Gabrielle Creagh. What to Study W What to Study.
Basic Economics (ECO 1000) 26 Documents. Students shared 26 documents in this course. University Valencia College. Academic year ... Thank you for this page and for presenting this assignment. Xavion 1 year ago. thank you so much ! :) Report Document. Students also viewed. Exam 1 Summer 2022; Title Effective Leadership Inspiring and Motivating ...
At that point, the marginal cost curve begins to curve upward due to the Law of Diminishing Returns. To maximize profit, a firm should set price and quantity closest to where marginal revenue equals marginal cost. Study with Quizlet and memorize flashcards containing terms like Marginal Cost Analysis, Fixed, Variable and more.
An increase in money supply. faster rate if economic growth; used to fight recession or downturn. Decrease in money supply. slower rate of economic growth; should help control inflation. The Fed's 3 tools of monetary policy that affect money supply. Reserve requirement, discount rate, and open market operations.
Economics 3.05 Data Table Graph Reflection Questions What product market did you choose for this data to represent? Explain why. I chose this product because it is appropriate to the prices listed on my graph Which price and quantity does marginal cost nearly equal marginal revenue
1.09 Your Budget - 1.09 assignment; Economics 1 - coat benefit analysis assignment; Econmics 02 - i got a 80; 3.04 Honors; Budget worksheet - template; Factors of Production; English (US) United States. Company. About us; Ask AI; Studocu World University Ranking 2023; E-Learning Statistics; Doing Good; Academic Integrity; Jobs; Blog; Dutch Website;
Economics 3.05. Has anybody taken economics with financial literacy? The assignment 3.05 the fed and monetary policy, is confusing as hell. (I can't find any resources for what monetary/fiscal policies can be used). Theirs nothing on coursehero or rflvs so it's probably a new assignment. Has anybody taken economics with financial literacy ...
download it to submit the assignment. CLICK HERE FOR A VIDEO ON HOW TO DOWNLOAD GOOGLE DOCS The Fed and Monetary Policy Analysis and Comparison to Fiscal Policy Your Name_____ Step 1: Analyze each scenario. Answer the questions in complete sentences. Scenario A College graduates are moving back in with family in record numbers.
FONTS 3.05 Assignment Marginal Analysis Graph 1.What product market did you choose for this data to represent? Explain why. I picked iPads to represent the data. It was the most sensible with the data that was made. 2. At which price and quantity does marginal cost nearly equal
Understanding economics means thinking about how scarcity, or limited resources, requires us to make choices and evaluate our options. In this course, you will recognize examples of economics in your daily life. You will understand how the economic choices of larger groups, like businesses and governments, affect you and others. As you progress ...
2.At which price and quantity does marginal cost nearly equal marginal revenue without exceeding it? Highlight this point on your graph. (5,90) 3.If you were in business for this product, at which price and quantity level would you sell? I would sell it at the price of $204 and the quantity of 8 because more people want the product because its ...
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