Ibecon 1 Syllabus
Ibecon 1 Syllabus
Ibecon 1 Syllabus
Course Description Welcome to IB Economics. You have chosen a challenging two-year journey; however, it will be an experience full of intrigue and insight. The world around you will become a little clearer as we explore events through the eyes of an economist. This social science course follows the International Baccalaureate syllabus. The two-year program concludes with an external examination worth 75% SL/80% HL, and with an internal assessment (Economics Portfolio) worth 25% SL/20% HL that is constructed throughout the course. This course emphasizes both micro and macroeconomics; it is designed to introduce basic economic concepts and theories and develop the skills of economic reasoning, analysis, and evaluation. Other areas of focus include internationalism and development. Unique to HL, students will cover extension topics which are extra depth and breadth studies of Theory of the Firm, inflation, and exchange rates to name a few. Students are expected to read and listen to current media sources, as this will markedly enhance their ability to apply economic theories to the real world a skill much valued in economics. All students enrolled in an IB subject must sit the external exam at the end of Year 2 except with the permission of the IB coordinator and/or the principal. For details highlighting the areas of study, please download yourself a copy of the IB Economics syllabus from my webpage (www.mistercheung.com). Place the syllabus in your binder so you can pre-plan what will be covered and can refer back to the topics studied. Goals According to the IBO, the objectives of the economics course at higher level and standard level are to: 1. have an understanding and knowledge of economic concepts and theories 2. apply economic theory to a range of circumstances and a variety of situations 3. analyse information through the use of economic concepts and theories 4. evaluate concepts and theories from different economic perspectives. Scope and Sequence Section 1: Introduction to Economics Section 2: Microeconomics Markets Elasticities Theory of the Firm (HL only) Market Failure Section 3: Macroeconomics Measuring National Income Introduction to Development Macroeconomic Models Demand-side and Supply-side Policies Unemployment and Inflation Distribution of Income Textbooks Blink, Jocelyn and Ian Dorton. Economics: Course Companion. Oxford: Oxford UP, 2007. Glanville, Alan. Economics From A Global Perspective. Second Ed. Oxford: Glanville Books, 2003.
Workbooks Morton, John S. and Rae Jean B. Goodman. Advanced Placement Economics Microeconomics: Student Activities. Third Ed. New York: NCEE, 2005. Morton, John S. and Rae Jean B. Goodman. Advanced Placement Economics Macroeconomics: Student Activities. Third Ed. New York: NCEE, 2005. Supplementary Materials Other texts or readings from Mr. Cheungs collection Selected articles from periodicals and newspapers DVD and video clips Grading Students will be assessed in a variety of ways, which include, but not limited to, quizzes, tests, IAs, and homework. Most formal summative evaluations will be marked according to IB criteria for economics, and carried over into a percentage for SAS grading purposes. Please see Group 3 Grade Descriptors (separate sheet). Students grades will be calculated according to the following breakdown: Tests (50%) Tests are given after each chapter, couple of chapters, or unit. Test dates will be announced in class usually one week prior to the test. Quizzes and Projects (40%) Quizzes will be given to reinforce certain concepts. Students will be notified two days prior to the quiz, for example if today is Monday, the quiz will be Wednesday. The teacher reserves the right to give pop-quizzes. Projects include, but not limited to, oral presentations, podcasts, and blog entries. Homework (10%) Though most of the action occurs in class, homework is assigned as a vital extension of the classroom. Students can expect to regularly receive homework designed to reinforce concepts and skills covered in class. Homework includes, but not limited to, readings, worksheets, writing assignments, research, and test preparation. NB: School policy establishes that a written exam be given at the end of each semester. These exams will cover material from the entire semester and count as 20% of your overall semester grade. Thus, the above coursework will be weighted at 80% and the semester exam at 20%. Late Work and Make-Ups Late work will be penalized at 10% per day to a maximum of three days (30%). After that, a grade of zero will be earned for that particular assignment/project and will become part of the students evaluation for that quarter/semester. Parents will be informed of this situation. If the due date is a Friday and the work is turned-in on a Monday, the penalty will be 20%. Any exception to this policy is at the discretion of the teacher (e.g. medical reasons). Unexcused absences warrant a zero for missed quizzes and tests. Otherwise, all quizzes and tests will be taken prior to the excused absence, or immediately following the absence. Students are instructed not to wait for the next scheduled class to see their teacher. Attendance, Participation and Attitude Avoid missing class, for any reason, as each student is responsible for all material presented in class, including announcements on course procedures, examinations, etc. Unexcused absences can and will affect your grade. In the case of excused absences, they should be kept to a minimum. It is the students responsibility to make up for classes missed, not the teachers. Prompt arrival to class is also expected. You are asked to be prepared (physically and mentally) for class discussions, possess a positive attitude, and be ready for individual and collaborative work. Extra Credit None. Please do not ask.