Senior Economics

Economics Syllabus

Sara Shackett

Practical Matters

Be respectful of your time and mine. Punctuality is an important skill in life. Be on time. Students who are not seated when bells ring will be considered tardy. Quizzes often begin as soon as the bell rings; if you are late, you will not be eligible for attendance bonuses.


Regular assignments will be given that demand outside-of-class time for completion. Work accordingly. Because each assignment is important, I will accept late work with a penalty of 20% through the end of the grading period. Agendas and assignments will be posted on my Google Classroom. See me for the code.


Your comprehension of the material will be tested regularly and through a variety of means: formal tests, informal assessments, verbal confirmation, etc.


Class participation is a must. Be prepared to share your thoughts and ideas. You must also be respectful of the people and ideas that will constantly fill our classroom. Cell phones MUST be out of sight during class (not seen or heard). This is a non-negotiable.


You should come every day prepared and ready to learn. You are expected to bring your well-organized notebook and all other required materials to class every day. It is therefore your responsibility to be present in class, and to take action when an absence is unavoidable. If you are absent the day an assignment is due, it is to be turned on the FIRST day upon your return. If absent on the day an assigned is given, you have the same number of days to complete the work. If you miss more than 1 class, you must email me to get make-up work. We will cover a LOT of information each class period. This means that missing even one class will require you to come and see me during my office hours to get an explanation and any work. DO NOT ask me what you missed 2 minutes before class starts.

Grading Scale Information

The grade scale is a basic ten-point scale.

            A          90-100%

            B          80-89%

            C          70-79%

            D          60-69%

            F          59% and below


Assignments are to be completed on time and in detail. Late work will be penalized by 20% and can only be submitted during the grading term in which it was assigned. Information regarding assignments will be distributed in class and will be accessible from my Google Classroom


Academic honesty is of utmost importance.  Cheating will not be tolerated. Plagiarism will result in a 0 on the assignment and a note in the gradebook. Acts that are considered plagiarism: copying answers from someone else, with or without their knowledge; turning in someone else’s work as your own; and failure to properly cite an original source.



  • Unit 1—Economic Reasoning

    • Scarcity, Choice, Opportunity Cost

    • Marginalism, Cost/Benefit, Diminishing Marginal Utility, Incentives

    • Types of Economies (market, command)

    • Public and Private Sectors

  • Unit 2—Macroeconomics/Microeconomics

  • Measuring the Economy: GDP, Unemployment, Inflation

  • Business Cycles

  • Inequality


  • Supply and Demand

  • Equilibrium and Elasticity

  • Market Structures: Monopolies vs. Competitive Markets

  • Unit 3—Personal Financial Literacy

  • Budgeting

  • Credit

  • Taxes

  • Saving and investing

  • Checking

  • Insurance



As it turns out, Senioritis is a serious yet common ailment that we Economics teachers are confronted with. Please be aware of the following grading policy:

Your grade in Economics will be weighted. Each Six Week grading period will be weighted differently.

1st Six Weeks: 25% of final grade

2nd Six Weeks: 35% of final grade

3rd Six Weeks: 40% of final grade (*includes final exam)

Students who are absent 5 more class periods (it DOES NOT matter if they are excused or unexcused) will be required to take the final exam. Three tardies are equal to one absence. Students who miss fewer than 5 class periods can choose to take the exam if they would like to raise their grade.


First Homework Assignment

Obtain a signature from your parent/guardian confirming they and you have read and understand this course outline. READ the syllabus and highlight 4 examples of incentives used within the syllabus. They can be positive or negative incentives. (This is 10 EASY points!)


Parent Signature: _______________________________________ Date: _______


Student Name, printed: _________________________________ Date: _______

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