On-level & Honors High School Economics Course Curriculum

On-level & Honors High School Economics Course

Perfect for high school or introductory college students, this self-paced course provides key tools for understanding core economic principles. Curriculum gifted to Learning Center by Prof. Emeritus Steven Reff, Univ. of Arizona.

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Course curriculum

1. Meet the Curriculum Authors
2. Enroll for FREE in All Learning Center Courses
3. Intro to Economics, Key Concepts , Quiz and Three Historical Economists
4. High School Honors Economics Course Tips
5. Marginal Analysis and Five Powers of Economic Thinking
6. Production-Possibilities Frontier, Part I
7. Current Events and "Free" Response Question
1. Quiz to See What You Do or Don't Know About Economics (10-Questions True/False)
2. Monday and Tuesday: Production-Possibilities Frontier, Part II (TWO DAYS)
3. Wednesday and Thursday : Production-Possibilities Frontier, Part III (TWO DAYS)
4. REVIEW FOR FRIDAY'S TEST #1 - Weeks 1 and 2
5. Friday: TEST #1 -- 20 Multiple Choice Questions (You Must Receive a 70% or Higher to Move on in this Class)
1. Monday and Tuesday: Quantity Demanded vs. Demand (TWO DAYS)
2. Wednesday and Thursday: Quantity Supplied vs. Supply (TWO DAYS)
3. Friday: "Current Events Friday" and "Free" Response Question Friday
1. Monday and Tuesday: Supply and Demand Continued (TWO DAYS)
2. Wednesday and Thursday: Consumer and Producer Surplus; Deadweight Loss (DWL) (TWO DAYS)
3. REVIEW FOR FRIDAY'S EXAM #2 - Weeks 3 and 4
4. Friday: TEST 20 Multiple Choice Questions (You Must Receive a 70% or Higher to Move on in this Class)
1. Week 5 (Monday): Price Ceiling (Pc), Price Floor (Pf), Deadweight Loss (DWL)
2. Week 5 (Tuesday): Elasticity
3. Week 5 (Wednesday): Elasticity and a Per-Unit Tax
4. Week 5 (Thursday and Friday): Elasticity and a Per-Unit Tax and FRQs
1. Week 6 (Monday): Utility, Marginal Utility, Marginal Utility Per-Dollar Spent; Budget Constraints
2. Week 6 (Tuesday): Utility, Marginal Utility, Marginal Utility Per-Dollar Spent; Budget Constraints
3. Week 6 (Wednesday): Financial Literacy -- Personal Budgeting
4. Week 6 (Thursday) Financial Literacy -- Income and Wealth; Compound Interest and the Rule of 72
5. REVIEW FOR FRIDAY'S EXAM #3 - Weeks 5 and 6
6. TEST #3 Weeks 5 -6
1. Week 7 (Monday) Financial Literacy -- Stocks and Bonds
2. Week 7 (Tuesday) Financial Literacy -- Financial Investments and Establishing Credit
3. Week 7 (Wednesday) Financial Literacy -- Establishing Credit and Purchasing a Car
4. Week 7 (Thursday) Financial Literacy -- Purchasing a House
5. Week 7 (Friday) Financial Literacy -- Filling Out the 1040 Tax Form for 2020
1. Week 8 (Monday): Cost of Doing Business
2. Week 8 (Tuesday): Labor Costs
3. Week 8 (Wednesday): Types of Market Structure
4. Week 8 (Thursday): How to Make Money
5. REVIEW FOR FRIDAY'S EXAM #4 - Weeks 7 and 8
6. Week 8 (Friday) TEST #4 for Weeks 7 - 8. (You Must Receive a 70% or Higher to Move on in this Class)
1. Week 9 (Monday): Business Lessons from a CEO and from Reff
2. Week 9 (Tuesday): Negative and Positive Externalities
3. Week 9 (Wednesday): Public Goods vs. Private Goods
4. Week 9 (Thursday): Lorenz Curve (Income Equality and Income Inequality)
5. Week 9 (Friday): Reffonomics Baseball Externalities; Reffonomics Baseball Lorenz Curve
1. Week 10 (Tuesday): Macroeconomics Indicator -- Real Gross Domestic Product (RGDP)
2. Week 10 (Monday) Introduction to MACROECONOMICS and Macroeconomics Indicators
3. Week 10 (Wednesday): Macroeconomics Indicator -- Full Employment and Unemployment
4. Week 10 (Thursday): Macroeconomics Indicator -- Price Stability
5. TEST #5 REVIEW for Weeks 9 - 10
6. Week 10 (Friday) TEST #4 for Weeks 9 - 10 (You Must Receive a 70% or Higher to Move on in this Class)
1. Week 11 (Monday): Business Cycle and Real vs. Nominal
2. Week 11 (Tuesday - Thursday): Aggregate Demand
3. Week 11: Current Events and Interactive Multiple Choice Questions
1. Week 12 (Monday): Aggregate Demand and Short Run Aggregate Supply
2. Week 12 (Tuesday): Long-Run Aggregate Supply
3. Week 12 (Wednesday): Expenditure Multiplier, Part I
4. Week 12: (Thursday) Recessionary (Output) Gap and Inflationary Gap
5. TEST #6 REVIEW for Weeks 11- 12
6. TEST #6 for Weeks 11 - 12
1. Week 13: Practice Drawing ASAD Graphs
2. Week 13 (Tuesday): Fiscal Policy -- Debt and Deficit
3. Week 13 (Wednesday): Fiscal Policy -- Types of Taxation
4. Week 13 (Thursday): Fiscal Policy -- U.S. Federal Budget (Taxation or Receipts)
5. Week 13: Current Events Friday
1. Week 14 (Monday): Federal Budget (Government Spending or Outlays)
2. Week 14 (Tuesday): Federal Budget (Fiscal Policy Simulation -- Fiscal Policy Ship)
3. Week 14 (Wednesday) Personal Taxes, Government Spending, Business Taxes, Business Subsidies -- Effects shown on ASAD Graph
4. Week 14 (Thursday): Money --Its Function and Measurement (a historical perspective)
5. Week 14 (Friday): Definition of Money and An Allegory on The Creation of Money, Part II
6. Week 14 (Friday): Recollections of Pine Gulch (Record Your Score inside your Economics Journal)
7. TEST # 7 REVIEW for Weeks 13 - 14
8. Test #7 for Weeks 13 and 14 (Record Your Final Score in Your Economics Journal)
1. Week 15 (Monday): Monetary Policy and the Federal Reserve
2. Week 15 (Tuesday): The FED and its NEW Ample Reserves Regime, Part I
3. Week 15 (Wednesday): The FED and its NEW Ample Reserves Regime, Part II
4. Week 15 (Thursday): The FED and its NEW Ample Reserves Regime
5. Week 15: Current Events Friday
1. Week 16 (Monday): Stabilization Policies
2. Week 16 (Tuesday): International Trade (Balance of Trade)
3. Week 16 (Wednesday and Thursday): International Trade (Exchange Rates)
4. TEST # 8 REVIEW for Weeks 15 - 16
5. TEST #8 for Weeks 15 - 16 (Record Your Final Score in Your Economics Journal)
1. Week 17 (Monday): Balance of Payments
2. Week 17 (Tuesday): World Trade and Imposition of Tariff
3. Week 17 (Wednesday): Economic Growth Policies and Less Developed Countries
4. Week 17: Current Events Friday

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On-level & Honors High School Economics Course

Course curriculum

Week 1: Introduction to Economics and the Production-Possibilities Frontier

Week 2: Production-Possibilities Frontier

Week 3: Quantity Demanded; Demand; Quantity Supplied; Supply

Week 4: Supply and Demand Combined; Shortages and Surpluses; Deadweight Loss

Week 5 (Monday and Tuesday) Price Controls: Price Ceilings and Price Floors

Week 6: Utility and Financial Literacy

Week 7: Financial Literacy

Week 8: Cost of Doing Business and Market Structure

Week 9: Market Failure, Externalities, and Income Inequality

Week 10: Macroeconomics Indicators

Week 11: Business Cycle, Real vs. Nominal, and Aggregate Demand

Week 12: Aggregate Demand (AD); Short-Run Aggregate Supply (SRAS); Long-Run Aggregate Supply (LRAS)

Week 13: ASAD Graph (continued); Fiscal Policy

Week 14: Fiscal Policy (Continued) and the start of Monetary Policy

Week 15: The FED and the NEW Ample Reserves Regime

Week 16: Stabilization Policies and International Trade

Week 17: International Economics (Trade, Exchange Rates, and Less Developed Countries)

About this course

Make Better Decisions for Life