| Think Like an Economist
Introduction to economic thinking, decision-making, opportunity cost, and the production possibilities curve.
Develop critical thinking skills to analyze economic problems and policy decisions.
Understand the role of scarcity, choice, and opportunity cost in economic decision-making.
Apply economic reasoning to everyday situations and current events. | 
| Year-Long Course  Think Like an Economist (2 weeks)
Day 1: Factors of Production
Day 2-3: The Four Basic Economic Questions
Day 4: Measuring Production
Day 5: Factors that Improve Productivity
Day 6: Shaping Economic Choices, Trade-Offs, Marginal Costs & Benefits
Day 7: The Production Possibilities Curve (PPC)
Day 8: Micro vs. Macro Economics 
Day 9-10: Review & Assess | Semester Course  Think Like an Economist (1 week)
Introduction to economic thinking, decision-making, opportunity cost, and the production possibilities curve.
Day 1: Factors of Production | The Four Basic Economic Questions
Day 2: Measuring Production | Factors that Improve Productivity
Day 3: Shaping Economic Choices, Trade-Offs, Marginal Costs & Benefits
Day 4: The Production Possibilities Curve (PPC) | Micro vs. Macro Economics 
Day 5: Review & Assess | 
| Economic Systems
Compare and contrast different economic systems (traditional, command, market, and mixed economies) regarding allocation of resources, production, and distribution of goods.
Evaluate the advantages and disadvantages of each economic system.
Discuss how different countries embody these systems and the impact on their citizens' quality of life. | 
| Year-Long Course Economic Systems (3 weeks)
Exploration of different economic systems (traditional, command, market, mixed) and how societies allocate resources.
Day 1-2: Economic Systems & Types of Economic Systems
Day 3-4: Traditional Economy
Day 5-6: Command Economy
Day 7-8: Market Economy
Day 9-10: Mixed Economy
Day 11-12: Capitalism | Free Enterprise
Day 13: Compare and Contrast Economic Systems
Day 14-15: Review & Assess | Semester Course Economic Systems (1.5 weeks)
Exploration of different economic systems (traditional, command, market, mixed) and how societies allocate resources.
Day 1: Economic Systems & Types of Economic Systems
Day 2: Traditional Economy
Day 3: Command Economy
Day 4: Market Economy
Day 5: Mixed Economy
Day 6: Capitalism | Free Enterprise
Day 7: Compare and Contrast Economic Systems
Day 8: Review & Assess | 
| Free Enterprise in the US
Understand the principles of the free enterprise system, including private property, competition, profit motive, and consumer sovereignty.
Analyze the role of government in a free enterprise system, including regulation, protection, and maintaining competition.
Discuss the balance between free enterprise and social welfare in the US economy. | 
| Year-Long Course Free Enterprise in the US (2 weeks)
Understanding the characteristics of free enterprise, capitalism, and the role of government in the US economy.
Day 1-2: Capitalism
Day 3: Free Enterprise System
Day 4-5: Legalities
Day 6: Government Oversight
Day 7-8: 6 Principles of Free Enterprise in the U.S.
Day 9-10: Review & Assess | Semester Course Free Enterprise in the US (1 week)
Understanding the characteristics of free enterprise, capitalism, and the role of government in the US economy.
Day 1: Capitalism | Free Enterprise System
Day 2: Legalities
Day 3: Government Oversight
Day 4: 6 Principles of Free Enterprise in the U.S.
Day 5: Review & Assess | 
| Supply, Demand, Price
Explain the laws of supply and demand and how they determine the price of goods and services.
Illustrate how changes in supply and demand affect equilibrium prices and quantities.
Apply concepts of elasticity to understand how price changes impact consumer behavior and producer decisions. | 
| Year-Long Course Supply, Demand, Price (3 weeks)
Fundamentals of supply and demand, market equilibrium, shifts in curves, and impact on prices.
Day 1: Supply, Supply Schedule
Day 2: Supply Curve, Law of Supply, Change in Supply
Day 3: Elasticity of Supply
Day 4: Price and Supply
Day 5: Labor and Supply
Day 6: Demand (Measuring Demand, Demand Schedule
Day 7: Demand Curve, Law of Demand, Change in Demand
Day 8: Things that Affect Demand
Day 9: Elasticity of Demand
Day 10-11: Factors that Affect Supply and Demand
Day 12: Market Schedule & Market Equilibrium (Surplus, Shortage)
Day 13: Fixed Prices, Price Ceiling, Price Floor, Changes
Day 14-15: Review & Assess | Semester Course Supply, Demand, Price (2 weeks)
Fundamentals of supply and demand, market equilibrium, shifts in curves, and impact on prices.
Day 1: Supply, Supply Schedule
Day 2: Supply Curve, Law of Supply, Change in Supply, Elasticity of Supply
Day 3: Price and Supply | Labor and Supply
Day 4: Demand (Measuring Demand, Demand Schedule
Day 5: Demand Curve, Law of Demand, Change in Demand
Day 6: Things that Affect Demand | Elasticity of Demand
Day 7: Factors that Affect Supply and Demand
Day 8: Market Schedule & Market Equilibrium (Surplus, Shortage)
Day 9: Fixed Prices, Price Ceiling, Price Floor, Changes
Day 10: Review & Assess | 
| Market Structures
Identify characteristics of different market structures: perfect competition, monopolistic competition, oligopoly, and monopoly.
Analyze how each market structure affects product prices, quality, and innovation.
Discuss the role of government regulation in different market structures. | 
| Year-Long Course Market Structures (3 weeks)
Overview of various market structures (perfect competition, monopolistic competition, oligopoly, monopoly) and their characteristics.
Day 1-2: Four Types of Market Structures
Day 3-4: Perfect Competition
Day 5-6: Monopolistic Competition
Day 7-8: Oligopoly
Day 9-10: Monopoly
Day 11-13: Compare and Contrast Market Structures
Day 14-15: Review & Assess | Semester Course Market Structures (1.5 weeks)
Overview of various market structures (perfect competition, monopolistic competition, oligopoly, monopoly) and their characteristics.
Day 1: Four Types of Market Structures
Day 2: Perfect Competition
Day 3: Monopolistic Competition
Day 4: Oligopoly
Day 5: Monopoly
Day 6-7: Compare and Contrast Market Structures
Day 8: Review & Assess | 
| Business Organizations
Compare different forms of business organizations: sole proprietorships, partnerships, corporations, and cooperatives.
Discuss the advantages and disadvantages of each type of business organization.
Understand the role of entrepreneurship in the economy and the challenges faced by entrepreneurs. | 
| Year-Long Course Business Organizations (3 weeks)
Examination of different forms of business ownership (sole proprietorship, partnership, corporation) and their advantages and disadvantages.
Day 1-3: Types of Business Organizations: Sole Proprietorship
Day 4-5: Partnerships
Day 6-8: Corporation | Types of Business Organizations
Day 9-10: Conglomerate
Day 11-13: How Businesses Grow and Expand
Day 14-15: Review & Assess | Semester Course Business Organizations (1.5 weeks)
Examination of different forms of business ownership (sole proprietorship, partnership, corporation) and their advantages and disadvantages.
Day 1: Types of Business Organizations: Sole Proprietorship
Day 2: Partnerships
Day 3-4: Corporation | Types of Business Organizations
Day 5: Conglomerate
Day 6: How Businesses Grow and Expand
Day 7: Review & Assess | 
| Labor and Workforce
Explore the factors that influence labor supply and demand, wage determination, and the role of unions.
Analyze trends in labor force participation, including changes in demographics, education, and technology.
Discuss issues related to unemployment, underemployment, and labor rights. | 
| Year-Long Course Labor and Workforce (3 weeks)
Study of labor market dynamics, wage determination, labor unions, and workforce trends.
Day 1: Labor Overview
Day 2-3: 4 Factors of Production
Day 4-5: How We Measure Labor
Day 6-7: Wages | Types of Labor
Day 8-9: Labor and the Economy
Day 10-11: Changing Job Market
Day 12-13: Labor Unions
Day 14-15: Review & Assess | Semester Course Labor and Workforce (1.5 weeks)
Study of labor market dynamics, wage determination, labor unions, and workforce trends.
Day 1: Labor Overview
Day 2: 4 Factors of Production
Day 3: How We Measure Labor
Day 4: Wages | Types of Labor | Labor and the Economy
Day 5: Changing Job Market
Day 6: Labor Unions
Day 7: Review & Assess | 
| Money, Finances, Banks
Understand the functions of money, the operation of the banking system, and the role of the Federal Reserve.
Discuss the importance of saving, investing, and credit in personal financial planning.
Analyze the impact of interest rates on saving, borrowing, and economic growth. | 
| Year-Long Course Money, Finances, Banks (3 weeks)
Introduction to the role of money, financial institutions, the Federal Reserve System, and the creation of money.
Day 1: Purpose of Money
Day 2: Properties of Money
Day 3: Type of Money
Day 4-5: The History of Banks | Alexander Hamilton
Day 6-7: Types of Financial Institutions
Day 8-9: Financial Systems: Banks, Stock Markets, Bond Markets, Insurance Markets
Day 9: Savings and Interest Accounts
Day 10: Investments
Day 11-12: The Stock Market
Day 13: Functions | Properties of Money
Day 14-15: Review & Assess | Semester Course Money, Finances, Banks (1.5 weeks)
Introduction to the role of money, financial institutions, the Federal Reserve System, and the creation of money.
Day 1: Purpose of Money | Properties of Money
Day 2: Type of Money
Day 3: The History of Banks | Alexander Hamilton
Day 4: Types of Financial Institutions
Day 5: Financial Systems: Banks, Stock Markets, Bond Markets, Insurance Markets
Day 6: Savings and Interest Accounts | Investments
Day 7: The Stock Market
Day 8: Review & Assess | 
| Economic Performance
Measure economic performance using indicators such as GDP, inflation rates, and unemployment rates.
Evaluate the causes and consequences of economic fluctuations and policies aimed at stabilizing the economy.
Discuss the challenges of measuring economic well-being and the limitations of GDP as an indicator. | 
| Year-Long Course Economic Performance (3 weeks)
Understanding macroeconomic indicators (GDP, unemployment rate, inflation) and their implications.
Day 1-2: How We Measure Production
Day 3-4: Economic Performance Measures
Day 5: Factors that Improve Productivity
Day 6: The Business Cycle
Day 7-8: Employment
Day 9: Poverty
Day 10-11: Income Distribution
Day 12-13: Inflation
Day 14-15: Review & Assess | Semester Course Economic Performance (1.5 weeks)
Understanding macroeconomic indicators (GDP, unemployment rate, inflation) and their implications.
Day 1: How We Measure Production
Day 2: Economic Performance Measures
Day 3: Factors that Improve Productivity
Day 4: The Business Cycle
Day 5: Employment
Day 6: Poverty |  Income Distribution | Inflation
Day 7: Review & Assess | 
| Government and the Economy
Examine the role of government in managing the economy, including fiscal and monetary policy.
Discuss the impact of taxation and government spending on economic growth and distribution of wealth.
Analyze debates over government intervention in the economy, including social safety nets and market regulations. | 
| Year-Long Course Government and the Economy (3 weeks)
Role of government in economic policy (fiscal policy, monetary policy), taxation, and government spending.
Day 1-2: Purpose of Taxes
Day 3-4: –Types of Taxes
Day 5-6: Taxes and the IRS | How Taxes Work | Forms | Filing
Day 7: Discretionary Spending
Day 8: Federal Budget
Day 9-10: Federal, State, and Local Taxes
Day 11: Fiscal Policy
Day 12: Deficits & National Debt
Day 13: Federal Reserve System “The Fed”
Day 14-15: Review & Assess | Semester Course Government and the Economy (1.5 weeks)
Role of government in economic policy (fiscal policy, monetary policy), taxation, and government spending.
Day 1: Purpose of Taxes | Types of Taxes
Day 2: Taxes and the IRS | How Taxes Work | Forms | Filing
Day 3: Discretionary Spending
Day 4: Federal Budget
Day 5: Federal, State, and Local Taxes
Day 6: Fiscal Policy
Day 7: Deficits & National Debt | Federal Reserve System “The Fed”
Day 8: Review & Assess | 
| Global Economy
Understand the principles of international trade and finance, including comparative advantage, trade barriers, and exchange rates.
Discuss the impact of globalization on economies, cultures, and the environment.
Analyze the role of international institutions, such as the World Trade Organization, International Monetary Fund, and World Bank. | 
| Year-Long Course Global Economy (2 weeks)
Exploration of international trade, exchange rates, balance of trade, and globalization's effects.
Day 1-2: Global Economy
Day 3-4: International Institutions | Trade Alliances
Day 5-6: World Trade Organization
Day 7-8: Exchange Rates
Day 9-10: Review & Assess | Semester Course Global Economy (1 week)
Exploration of international trade, exchange rates, balance of trade, and globalization's effects.
Day 1: Global Economy
Day 2: International Institutions | Trade Alliances
Day 3: World Trade Organization
Day 4: Exchange Rates
Day 5: Review & Assess | 
| Personal Finances
Develop skills in budgeting, saving, investing, and managing debt.
Understand the importance of financial planning for short-term and long-term goals.
Discuss strategies for making informed financial decisions and avoiding common financial pitfalls. | 
| Year-Long Course Personal Finances (3 weeks)
Basics of personal finance management, budgeting, saving, investing, and credit.
Day 1-2: Budgeting & Money
Day 3: Credit
Day 4: Buying a Car
Day 5-6: Getting Insurance
Day 7-8: Paying for College
Day 9-10: Applying for a Job
Day 11: Getting Your Own Home
Day 12-13: Paying and Filing Taxes
Day 14-15: Review & Assess | Semester Course Personal Finances 2 weeks)
Basics of personal finance management, budgeting, saving, investing, and credit.
Day 1: Budgeting & Money
Day 2: Credit
Day 3: Buying a Car
Day 4: Getting Insurance
Day 5: Paying for College
Day 6: Applying for a Job
Day 7: Getting Your Own Home
Day 8-9: Paying and Filing Taxes
Day 10: Review & Assess |