Economics

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Unit 1 Fundamentals

  • SSEF1: Scarcity Notes here
  • SSEF2: Marginal Cost and Benefit Notes here
  • SSEF3: Specialization and Voluntary Exchange Notes here
  • SSEF4: Economic Systems, Social and Economic Goals, 3 Questions of Allocation Notes here
  • SSEF5: Role of Government in a Market Economy Notes here
  • SSEF6: Investments in Physical and Human Capital Notes - Included with SSEF3 notes
  • SEF1-6 Unit 1 Vocabulary Review Definitions here
  • SSEF1-6 Unit 1 EOCT Practice Questionshere

    • Unit 2 Microeconomics

  • SSEMI1: Circular Flow of goods, services and money and Functions/Characteristics of Money
      »Read in the book for the Functions/Characteristics of Money
      »Circular Flow Picture explanation
  • SSEMI2: Laws of Demand and Supply: Influence on prices, profits and production - Demand here
  • SSEMI3: Changes in demand and supply: prices, competition and government regulations - on same powerpoint as bullet above
      »Price Elasticity powerpoint here
      »Elasticity assignment and total Revenue powerpoint (there are several slides in here where you will need to actually do an assignment - the second slide is an example of that) here
  • SSEMI4: Business organization types and the 4 Market Structures in the U.S. Economy:
      »Market Structure Powerpoint here

    Unit 3 Macroeconomics

  • SSEMA1: Economic Growth: 3 economic analysis tools, business cycles, government debts and deficits in the national economy
      »GDP, CPI, Unemployment rate from smartboard here
      »Business Cycle and Aggregate Demand and Supply lesson here
  • SSEMA2: Federal Reserve System: organization, monetary policy and influence on economy
      »Monetary Policy here
  • SSEMA3: Fiscal Policy: Influence on prices, employment and economic growth using tax and spending policies
      »Fiscal Policy here

    Unit 4 International Economics

  • SSEIN1: Explaining Trade using comparative v absolute advantage; balance of trade and payments here
  • SSEIN2: Trade Barriers: Quotas, tariffs, emabargoes, NAFTA, ASEAN and trading blocs here and here
  • SSEIN3: Exchange Rates: influence on value of currency and purchasing power

    Unit 5 Personal Finance

  • SSEPF1: Personal spending and saving decisions: rational decision making and response to incentives
  • SSEPF2: Banks and other financial institutions: comparisons, interest rates, saving and investment options
  • SSEPF3: Changes in monetary and fiscal policy influences on personal saving decisions: taxes and inflation
  • SSEPF4: Costs and Benefits of Credit: loans, credit cards, interest rates, credit ratings
  • SSEPF5: Insurance and risk management strategies: types of insurance – costs and benefits
  • SSEPF6 :Determination of earnings: education, training and skill development
      »Personal Finance Lesson here