Economics 12, version 02 (4 credits)

It is recommended that students complete:
• Social Studies 11

Economics 12 is a course that can change your life. The first two modules deal with economic theory while the last two focus on more practical applications of theory. After taking this course, you will be forever armed against simplistic economic analysis wherever it is to be found.

Module 1: Economic Choices
Section 1: What is Economics?
Section 2: Economic Systems
Section 3: Demand and Supply
Section 4: Marketplace Dynamics
Section 5: The Nature of Markets

Module 1 Test covers the work of Module 1.

Module 2: Efficiency and Equity
Section 1: Productivity
Section 2: Managing Production
Section 3: Resource Markets
Section 4: Distribution of Income
Section 5: Government and Income Equity

Module 2 Test covers the work of Module 2.

Module 3: Macroeconomics
Section 1: Measures of Economic Health
Section 2: Economic Fluctuations
Section 3: Government Fiscal Policy
Section 4: Money and Monetary Policy
Section 5: Debates on Macroeconomic Policies

Module 3 Test covers the work of Module 3

Module 4: Trade, Growth, and You
Section 1: Global Finance and Currencies
Section 2: Trade
Section 3: Economic Growth
Section 4: The World and Growth
Section 5: Your Economic Future

Module 4 Test covers the work of Module 4.

An optional video tape accompanies this course. While it is not compulsory for students to view this tape, we believe they will get a better grasp of economics if they do.
The textbooks and resources for this course are:
Economics for Today: Issues and
Applications (Lovewell & Lorimer)
(McGraw-Hill Ryerson) 1995 (EC1202J)
(7540004454) $35.00
Where Do I Fit In? Video (EC1201J)
(7540001638) 30.00