Curriculum Overall Expectations:

A. ECONOMIC INQUIRY AND SKILL DEVELOPMENT

A1. Economic Inquiry: use the economic inquiry process and the concepts of economic thinking when investigating current Canadian and international economic issues;

A2. Developing Transferable Skills: apply in everyday contexts skills developed through economic investigation, and identify various careers in which a background in economics might be an asset.

B. FUNDAMENTALS OF ECONOMICS

B1. Scarcity and Choice: demonstrate an understanding of the significance of the concept of scarcity and how it influences economic choices and decisions of various economic stakeholders B2. Supply and Demand Models: demonstrate an understanding of supply and demand models, including how to apply these models, and of factors that affect supply and demand

B3. Growth and Sustainability: analyse aspects of economic growth/development, including its costs, benefits, and sustainability

B4. Economic Thought and Decision Making: analyse how economic and political ideas and various sociocultural factors affect economic decision making

C. FIRMS, MARKETS, AND ECONOMIC STAKEHOLDERS

C1. The Firm and Market Structures: demonstrate an understanding of markets and theories of the firm

C2. Economic Trade-Offs and Decisions: analyse economic trade-offs from the perspective of different stakeholders, including those in different countries, and how trade-offs influence economic decisions

C3. The Role of Government in Redressing Imbalance: explain ways in which governments, both in Canada and internationally, intervene in the economy to help address social needs and economic imbalances

D. MACROECONOMICS

D1. Macroeconomic Models and Measures: demonstrate an understanding of various macroeconomic models and measures, including indicators used to measure economic inequalities, and assess their usefulness

D2. Fiscal Policy: demonstrate an understanding of fiscal policy in Canada, including how it is shaped and its impact

D3. Monetary Policy: analyse various aspects of monetary policy in Canada and their impact on the economy

E. GLOBAL INTERDEPENDENCE AND INEQUALITIES

E1. Theories and Models of International Trade: analyse various theories, models, and issues relating to international trade

E2. International Economic Developments: analyse the impact of some key international economic events and developments as well as various responses to them

E3. International Economic Power and Inequality: explain the main causes and effects of global economic disparities and assess the effectiveness of responses to these disparities.

Course Content

1. Foundations/Fundamentals of Economics --- 25 hours

2. Firms, Markets, and Economic Stakeholders --- 34 hours

3. Macroeconomics --- 26 hours

4. Global Interdependence and Inequalities --- 15 hours

5. Culminating Assignments --- 10 hours

   
   

Total 110 hours

TEACHING & LEARNING STRATEGIES

• Direct Instruction (teacher-led)

• Class Discussion (teacher facilitated)

• Silent individual reading

• Group based reading

• Independent Work (teacher facilitation)

• Brainstorming

• Class Activity (teacher facilitation)

• Worksheets/Surveys

• Individual or Group Research

• Text-based modeling

• Use of Computers / Internet

• Use of video or audio materials

• Presentations

ASSESSMENT & EVALUATION

Purpose

The primary purpose of assessment is to improve student learning. Assessment relates directly to the expectations for the course.

A variety of assessments for and as learning are conducted on a regular basis to allow

ample opportunities for students to improve and ultimately demonstrate their full range of learning and in order for the teacher to gather information to provide feedback. Assessment tasks relate to the success criteria set out in lesson plans. Success criteria allow students to see what quality looks like.

Evaluation is the process of judging the quality of student work in relation to the achievement chart categories and criteria, and assigning a percentage grade to represent that quality. Evaluation is based on gathering evidence of student achievement through:

• Products

• Observations

• Conversations

Assessment for Learning - we provide feedback and coaching

Assessment FOR Learning is the process of seeking and interpreting evidence for the use of learners and their teachers to decide where the learners are in their learning, where they need to go, and how best to go there.

Assessment as Learning - we help students monitor progress, set goals, reflect on their learning Assessment AS Learning is the process of the explicit fostering of students’ capacity over time to be their own best assessors, but teachers need to start by presenting and modeling external, structured opportunities for students to assess themselves.

Assessment of Learning – we use assessments as ways of providing evaluative statements about the level of achievement of students

Assessment OF Learning is the assessment that becomes public and results in statements of symbols (marks/grades/levels of achievement) about how well students are learning. It often contributes to pivotal decisions that will affect students’ future.

Grading

• The final grade is based on performance in 3 areas: products, observations, conversations.

• 70% of the grade is based on evaluations conducted throughout the course.

• 30% is based on a final evaluation.

Weighting of categories

Knowledge & Understanding --- 30%

Thinking --- 30%

Communication --- 20%

Application --- 20%

Assessment Tools

Marking schemes / Rubrics

Assessment Strategies

Assessment for Learning

Journals / Projects / Independent Study Assignment / Researching / Work Sheets

Assessment as Learning

Exit and Entrance Cards / Graphic Organizer / Self/Peer assessment

Assessment of Learning

Tests / Projects / Independent Study Assignment / Debates / Work Sheets

CONSIDERATIONS FOR PROGRAM PLANNING

Instructional Approaches

Teachers in the school are expected to:

• clarify the purpose for learning

• help students activate prior knowledge

• differentiate instruction for individual students and small groups according to need

• explicitly teach and model learning strategies

• encourage students to talk through their thinking and learning processes

• provide many opportunities for students to practise and apply their developing knowledge and skills

• apply effective teaching approaches involve students in the use of higher-level thinking skill

• encourage students to look beyond the literal meaning of texts

Teachers use a variety of instructional and learning strategies best suited to the particular type of learning. Students have opportunities to learn in a variety of ways:

• individually

• cooperatively

• independently with teacher direction

• through investigation involving hands-on experience

• through examples followed by practice

• by encouraging students to gain experience with varied and interesting applications of the new knowledge. Rich contexts for learning open the door for students to see the “big ideas” of mathematics that will enable and encourage them to reason mathematically throughout their lives.

Program Considerations for English Language Learners

Teachers must incorporate appropriate strategies for instruction and assessment to facilitate the success of the English language learners in their classrooms. These strategies include:

• modification of some or all of the subject expectations depending on the level of English proficiency

• use of a variety of instructional strategies (e.g., extensive use of visual cues, graphic organizers, scaffolding; previewing of textbooks; pre-teaching of key vocabulary; peer tutoring; strategic use of students’ first languages)

• use of a variety of learning resources (e.g., visual material, simplified text, bilingual dictionaries, and materials that reflect cultural diversity)

• use of assessment accommodations (e.g., granting of extra time; use of oral interviews, demonstrations or visual representations, or tasks requiring completion of graphic organizers and cloze sentences instead of essay questions and other assessment tasks that depend heavily on proficiency in English).

Antidiscrimination Education

Learning resources reflect students’ interests, backgrounds, cultures, and experiences. Learning materials:

• involve protagonists of both sexes from a wide variety of backgrounds

• reflect the diversity of Canadian and world cultures, including those of contemporary First Nations, Métis, and Inuit peoples

• include, in English, use of short stories, novels, magazine and newspaper articles, television programs, and films

• provide opportunities for students to explore issues relating to their self-identity

• make students aware of the historical, cultural, and political contexts for both the traditional and non-traditional gender and social roles represented in the materials they are studying.

Literacy and Inquiry/Research Skills

The school emphasizes the importance of the following:

• using clear, concise communication in the classroom involving the use of diagrams, charts, tables, and graphs

• emphasizing students’ ability to interpret and use graphic texts.

• acquiring the skills to locate relevant information from a variety of sources, such as books, newspapers, dictionaries, encyclopaedias, interviews, videos, and the Internet.

• learning that all sources of information have a particular point of view

• learning that the recipient of the information has a responsibility to evaluate it, determine its validity and relevance, and use it in appropriate ways.

Role of Technology

Information and communications technologies (ICT) tools used in many ways:

• Students use multimedia resources, databases, Internet websites, digital cameras, and word-processing programs.

• They use technology to collect, organize, and sort the data they gather and to write, edit, and present reports on their findings.

• Students are encouraged to use ICT to support and communicate their learning. For example, students working individually or in groups can use computer technology and/or Internet websites to gain access to museums and archives in Canada and around the world.

• Students use digital cameras and projectors to design and present the results of their research to their classmates.

• The school plans to use ICT to connect students to other schools and to bring the global community into the classroom.

• Students are made aware of issues of Internet privacy, safety, and responsible use, as well as of the potential for abuse of this technology, particularly when it is used to promote hatred.

Career Education

Students are given opportunities to develop career-related skills by:

• applying their skills to work-related situations

• exploring educational and career options

• developing research skills

• practising expository writing

• learning strategies for understanding informational reading material

• making oral presentations

• Working in small groups with classmates to help students express themselves confidently and work cooperatively with others.

Academic Honesty

Students who present the work of others as their own are guilty of plagiarism and will receive a mark of zero for the work and will have the details of the plagiarism noted in their school records. Students who are guilty of cheating on tests or examinations will receive a mark of zero on the test or examination and have the details of the cheating noted in their school records.

Late Assignments

Students are responsible for providing evidence of their achievement of the overall expectations within the time frame specified by the teacher, and in a form approved by the teacher. There are consequences for not completing assignments for evaluation or for submitting those assignments late.

Resources:

Dictionaries, Thesaurus etc.

Various Daily Newspapers, Magazines, and Periodicals

(Audio and Video material) CBC, The Fifth Estate, etc.

Various Internet Resources:

• OWL English Purdue

• The University of Toronto Library

• The Ontario Ministry of Health and Long-Term Care

• The Toronto Star

The Globe and MailDictionaries, Thesaurus etc

Moodle Site