Course Syllabus
Syllabus Economics
Welcome
Welcome to Economics! We’re so glad you’re here.
Every lesson is designed to help you grow as a thinker, problem solver, and global learner. As a Mizzou Academy global student, you will complete lessons and assignments on your own schedule, interacting with course content, participating in interactives, and completing practice activities, as well as drafting and revising assignments, preparing for quizzes and assessments, and taking exams.
To stay on track, we recommend using a pacing guide. You can find more information about pacing in the Course Resources section, along with helpful tools, technology support, and tips for online learning success.
As you begin, remember that online learning requires both independence and communication. Be curious, stay organized, and don’t hesitate to reach out to your teacher if you need support.
We’re excited to learn with you, and we’re happy you’re part of our Mizzou Academy community!
Pacing
This course can be completed in as few as six weeks or take up to 6 months (180 calendar days). The six weeks are counted from the date of the first lesson submission and not the date of enrollment.
This course is asynchronous, meaning you can complete lessons and assignments at your own pace.
Most students spend approximately 10 hours per lesson interacting with course content, participating in interactive activities, and completing practice exercises, as well as drafting and revising assignments, preparing for quizzes and assessments, and taking exams. Your time may vary depending on your goals and learning style.
We encourage you to work at a consistent pace, allowing time to absorb new ideas, build skills, and reflect on what you’ve learned. Use a pacing guide to plan ahead, stay organized, and finish strong.
Course Description
This course provides a greater understanding of economics, ranging from the viewpoint of the individual consumer or small business owner to the global economy. Students will study the law of supply and demand, forms of business organizations, types of economic systems, the influence of financial markets, the importance of global trade, and how to apply economic principles to everyday life.
Course Essential Questions
- In a world where you can’t have everything, how do our daily choices and market competition define what we value and how we live?
- How do global financial systems and shifting economic cycles determine our personal prosperity and the stability of a connected world?
Course Overview
Economics |
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Lesson |
Objectives |
Quiz |
Assignment |
|
1: What is Economics |
1.1 Define economics with examples of how it affects daily life 1.2 Differentiate between wants, needs, trade-offs, and opportunity costs |
10 MCQ |
L1 Assignment: What Do I Do With My Time |
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2: Economic Systems |
2.1 Explain the four basic economic questions 2.2 Compare and contrast the major economic systems 2.3 Understand and interpret how capitalist and socialist economic systems have influenced development |
10 MCQ |
N/A |
|
3: Supply and Demand |
3.1 Explain, with practical examples, the laws of demand and supply, marketing equilibrium, and elasticity. 3.2 Explain how two goods that are related (complementary or substitute goods) can impact on each other 3.3 Identify current or past incidents in your country or elsewhere that demonstrates the effect of shortages or surpluses on prices |
10 MCQ |
L3 Assignment: Black Friday Planning |
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4: Business Organization |
4.1 Identify the basic structure of businesses 4.2 Compare and contrast sole proprietorships, partnerships, and corporations |
10 MCQ |
N/A |
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5: Competition and Monopolies |
5.1 Define competition 5.2 Compare and contrast the four basic market structures 5.3 Recognize the six career personality types |
10 MCQ |
N/A |
Midterm Exam - 50 MCQ; 2 Essay Questions |
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6: Financing and Producing Goods |
6.1Analyze the benefits and risks of investing in a business 6.2 Compare the three general kinds of debt financing
6.3 Explain the production process |
10 MCQ |
L9 Assignment Introduction: Stock Market Game |
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7: Financial Markets |
7.1 Identify the components of Financial Markets 7.2 Develop a basic understanding of how to trade stock on the Stock Market
7.3 Explain how the Great Recession affected people throughout the United States and the world |
10 MCQ |
L7 Assignment: The Great Recession Interview (or n/a) |
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8: Personal Economics |
8.1 Evaluate the individual role of the consumer 8.2 Analyze buying decisions 8.3 Describe the value of saving and investing money |
10 MCQ |
N/A |
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9: Macroeconomic Perspective |
9.1 Describe how economists measure the economy. 9.2 Explain the phases of a typical business cycle. |
10 MCQ |
L9 Assignment: Stock Market Game |
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10: Trading with Other Nations |
10.1 Explain the benefits of international trade 10.2 Demonstrate an understanding of how exchange rates work 10.3 Discuss how world trade is restricted |
10 MCQ |
N/A |
Final Exam - 50 MCQ; 2 Essay Questions |
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Grades
Your final grade will be based on the number of points you earn on submitted work and exams. The available points are distributed as follows:
| Source | Available Points |
|---|---|
| Lesson Assignments | 120 |
| Lesson Quizzes | 100 |
| Midterm Exam | 160 |
| Final Exam | 160 |
| Total | Content |
Textbook & Technology Requirements
To fully participate, make sure you have:
- A computer that meets our Mizzou Academy technology requirements
- A microphone and webcam for recording audio and video assignments
- Any other required textbooks or materials for the course
Accessibility
If you anticipate barriers related to the format or requirements of this course, please let Mizzou Academy know as soon as possible. If disability-related accommodations are necessary (for example, a scribe, reader, extended time on exams, captioning), please contact Mizzou Academy.Canvas Technical Support
Canvas will be used as the primary platform for accessing course materials and assignments for this class.
- Access Canvas through the Tiger Portal https://mizzouacademy.missouri.edu/
- For assistance with Canvas, passwords, or other technical issues, submit a ticket by selecting Help from the Global Navigation menu on the left in Canvas. Additional information is provided in the following Canvas Guide: How do I get help with Canvas as a student?
- For questions about enrollment, access to courses, exam proctoring, or billing, contact our Support Services Team at (855) 256-4975 or mizzouacademy@missouri.edu.