Honors Economics

Contact Information

Instructor    Lucas Rewa
Phone         269-323-5537
Building      Northern High School
Room          2.124
E-mail lrewa@portageps.org

Course Description:  

In this course, students will focus on the economic way of thinking, circular flow, economic growth and stability, monetary and fiscal policies, and international trade. 

Essential Learning Expectations: 

·         Explain and demonstrate how economic organizations confront scarcity and market forces

·         Describe the varied ways government can impact the market

·         Describe and evaluate economic systems

·         Analyze how the functions and constraints of business structures, the role of price in the market, and relationships of investment to productivity and growth, impact competitive markets.

·         Compare how supply, demand, price, equilibrium, elasticity, and incentives affect the market.

·         Describe the factors that cause changes in the economy

·         Analyze the role of government in the United States economy

·         Describe how trade generates economic development and interdependence and analyze the resulting challenges and benefits

·         Describe how the economic forces of scarcity and opportunity costs impact individual and household choices.

Course Requirements: 

District Quarterly Assessments

Text used and other recommended materials: 

  • O’Sullivan, Arthur and Sheffrin, Steven.  Economics: Principles in Action.  Pearson Education, 2005. 

  • Bower, Burt. Econ Alive! The Power to Choose. Teachers' Curriculum Institute. 2010.

  • Various Articles

At the end of the marking period, the teacher will calculate students’ grades from tests, daily quizzes, specific assignments, etc.  Letter grades will be assigned by the scale below.  

Assignments are weighted. Tests, Quizzes, and other Assessments are worth .7. Homework and classwork are worth .3. 

Student scores that result in .05 or higher should be rounded up.  The following percentage scale applies.
100 - 91.5  = A
91.4 - 89.5 = A-
89.4 - 87.5 = B+
87.4 - 81.5 = B
81.4 - 79.5 = B-
79.4 - 77.5 = C+
77.4 - 71.5 = C 
71.4 - 69.5 = C-
69.4 - 67.5 = D+
67.4 - 61.5 = D
61.4 - 59.5 = D-
59.4 - 0      = E
Grades will be rounded up only to the tenth place during this calculation.  Students will only earn a passing grade for a marking period if they achieve at or above 59.45%, which rounds to 59.5%.

The final semester grade is based on a composite of two nine-weeks’ grades and the final examination/culminating assessment/project.  Each nine weeks is worth approximately 40%, and the semester exam/project or District Culminating Activity assessment is worth approximately 20%.