Course curriculum
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1
Week 1: Introduction to Economics and the Production-Possibilities Frontier
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Monday: Meet RAeconomics Curriculum Authors
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Prerequisite Videos for Honors Economics
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Tuesday: Introduction to Economics, Key Concepts , Quiz and Three Historical Economists
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Wednesday: Marginal Analysis and Five Powers of Economic Thinking
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Thursday: Production-Possibilities Frontier, Part I
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Friday: Current Events and "Free" Response Question
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2
Week 2: Production-Possibilities Frontier
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Quiz to See What You Do or Don't Know About Economics (10-Questions True/False)
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Monday and Tuesday: Production-Possibilities Frontier, Part II (TWO DAYS)
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Wednesday and Thursday : Production-Possibilities Frontier, Part III (TWO DAYS)
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REVIEW FOR FRIDAY'S EXAM #1 - Weeks 1 and 2
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Friday: TEST #1 -- 20 Multiple Choice Questions (You Must Receive a 70% or Higher to Move on in this Class) SAVE GRADE INSIDE YOUR ECONOMICS JOURNAL
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3
Week 3: Quantity Demanded; Demand; Quantity Supplied; Supply
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Monday and Tuesday: Quantity Demanded vs. Demand (TWO DAYS)
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Wednesday and Thursday: Quantity Supplied vs. Supply (TWO DAYS)
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Friday: "Current Events Friday" and "Free" Response Question Friday
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4
Week 4: Supply and Demand Combined; Shortages and Surpluses; Deadweight Loss
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Monday and Tuesday: Supply and Demand Continued (TWO DAYS)
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Wednesday and Thursday: Consumer and Producer Surplus; Deadweight Loss (DWL) (TWO DAYS)
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REVIEW FOR FRIDAY'S EXAM #2 - Weeks 3 and 4
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Friday: TEST 20 Multiple Choice Questions (You Must Receive a 70% or Higher to Move on in this Class) SAVE GRADE INSIDE YOUR ECONOMICS JOURNAL
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5
Week 5 (Monday and Tuesday) Price Controls: Price Ceilings and Price Floors
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Week 5 (Monday): Price Ceiling (Pc), Price Floor (Pf), Deadweight Loss (DWL)
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Week 5 (Tuesday): Elasticity
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Week 5 (Wednesday): Elasticity and a Per-Unit Tax
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Week 5 (Thursday and Friday): Elasticity and a Per-Unit Tax and FRQs
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6
Week 6: Utility and Financial Literacy
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Week 6 (Monday): Utility, Marginal Utility, Marginal Utility Per-Dollar Spent; Budget Constraints
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Week 6 (Tuesday): Utility, Marginal Utility, Marginal Utility Per-Dollar Spent; Budget Constraints
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Week 6 (Wednesday): Financial Literacy -- Personal Budgeting
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Week 6 (Thursday) Financial Literacy -- Income and Wealth; Compound Interest and the Rule of 72
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REVIEW FOR FRIDAY'S EXAM #3 - Weeks 5 and 6
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TEST #3 Weeks 5 -6
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7
Week 7: Financial Literacy
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Week 7 (Monday) Financial Literacy -- Stocks and Bonds
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Week 7 (Tuesday) Financial Literacy -- Financial Investments and Establishing Credit
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Week 7 (Wednesday) Financial Literacy -- Establishing Credit and Purchasing a Car
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Week 7 (Thursday) Financial Literacy -- Purchasing a House
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Week 7 (Friday) Financial Literacy -- Filling Out the 1040 Tax Form for 2020
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8
Week 8: Cost of Doing Business and Market Structure
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Week 8 (Monday): Cost of Doing Business
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Week 8 (Tuesday): Labor Costs
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Week 8 (Wednesday): Types of Market Structure
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Week 8 (Thursday): How to Make Money
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REVIEW FOR FRIDAY'S EXAM #4 - Weeks 7 and 8
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Week 8 (Friday) TEST #4 for Weeks 7 - 8. (You Must Receive a 70% or Higher to Move on in this Class)
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9
Future Lessons
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Future Lessons
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