Wednesday, September 25, 2019

Grade 12: Economics, the Enterprise System, and Finance

“Economics, the Enterprise System, and Finance” examines the principles of the United States free market economy in a global context. Students will examine their individual responsibility for managing their personal finances. Students will analyze the role of supply and demand in determining the prices individuals and businesses face in the product and factor markets, and the global nature of these markets. Students will study changes to the workforce in the United States,

and the role of entrepreneurs in our economy, as well as the effects of globalization. Students will explore the challenges facing the United States free market economy in a global environment and various policy-making opportunities available to government to address these challenges.

12.E1 INDIVIDUAL RESPONSIBILITY AND THE ECONOMY: Individuals should set personal financial goals, recognize their income needs and debt obligations, and know how to utilize effective budgeting, borrowing, and investment strategies to maximize well-being.

12.E1a In making economic decisions in any role, individuals should consider the set of opportunities that they have, their resources (e.g., income and wealth), their preferences, and their ethics.

Plan of the Day

Rebel Pride, Starts inside!

World Economic Triumvirate

Important Vocabulary:

Free Market
Statism
Capitalism
Socialism
Communism
Fascism

HOW IS CURRENCY VALUED?
Yahoo Finance World Currency Exchange Rates

US DOLLAR INDEX

Yahoo Finance Commodities Indexes

Bond Market Rates


LEVEL III ASSIGNMENT DUE FRIDAY 10/11/19

Determining Personal Market Relevance