ECONOMICS
Sixto G. Ramos


 



 
 
 
 
 
 
 
 
 
 
 
 

PURPOSE OF THIS PAGE
This page has been created to offer students, teachers and parents a general overview of the Economics course in high school. It includes: course description, goals, content, work system, projects (project 1, project 2, project 3, project 4),  assessments, text and reference material, and students' grades.

COURSE DESCRIPTION
This semester course is a general introduction to the world of economics. It provides students with a comprehensive overview of the basic concepts, principles, and practices of economics. It analyzes the structure, characteristics, and advantages and disadvantages of the capitalistic system; examines the role of government in the national economy; explains the importance of the monetary and the banking systems. In this course students learn about the causes and the effects of economic problems such as inflation, recession, and unemployment; the measures and the factors of economic growth. It covers topics such as  international trade, the economic growth in developing nations, and the ways countries try to face and overcome their major economic problems. This course is required for students in the Peruvian program but it can be taken as an elective by students in the American program.

GOALS


 


At the end of the course students should be able to:

  1. Explain the role of economics in the society and the differences that exist among the various economic systems.
  2. Explain the difference between micro and macroeconomics
  3. Explain how business are organized and combined in the free enterprise system.
  4. Contrast the market structures necessary to have perfect competition, pure monopoly, monopolistic competition, and oligopoly. 
  5. Explain the causes, characteristics, and consequences of inflation, recession, and unemployment.
  6. Contrast the structure and work of the various economic systems.
  7. Compare the economy of the developed countries with that one of the developing countries.
  8. Explain the way in which supply and demand interact in the market place.
CONTENT
A. Economics and the economic systems.
B. Main economic problem: scarcity
C. Demand and supply in the market place
D. The price system in the market place
E. Busyness Organizations
F. Competition and the market structure
G. The labor force
H. The role of Government in the economy
I. Financing in the public sector
J. Money and the banking system
K. Inflation, recession and unemployment
L. Measures and causes of economic growth
M. Economic growth in the developing world.
N. Comparative economic systems
PROJECTS
1. PERSONAL VIEW: Individual ‘Project’ Due:  March 6
     If you were asked to write an essay about the economic situation of Peru, what would you say? How do you perceive the economic reality of this country? How much do you know about it? This course will show you that ECONOMICS is a science that studies the choices people make to satisfy their wants and needs. However, the economy is a reality that affects each individual, each family, each society. Economy affects everybody.  How does economy affect the people in Peru? 
     Write a reflective short essay (no more than one and a half pages, typed) about this topic. You are going to read it to the class and answer some questions regarding your opinions. You are not expected to be an expert in economy. However, you need to demonstrate a serious approach to this matter.
 
  Evaluation criteria:  1. quality of arguments:  6 points
2. logic organization:  6 points
3. quality of information and evidence: 6 points
4. neatness: 2 points

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2. SOCIOECONOMIC PROBLEMS:  Group Project Power 
     Point Presentations 		 Due: March 27
After the class has identified and listed the major socioeconomic problems that affect Peru or South America, do the following:
A. Choose one, and:
  1. Describe it. Say what the problem is, why it is a problem that affects the country.
  2. Identify and describe its main causes (minimum four)
  3. Explain the consequences or effects (minimum three) of this problem.
  4. Propose at least three workable solutions
B. Prepare an oral presentation. For this presentation you are expected to use the Power Point program.
C. Each group (pair) will have 15 minutes for its presentation.
D. The evaluation will be based on the criteria described on the handout for this purpose.
E. No written paper is required, but you are supposed to present an outline and the bibliography used for this project.

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3. RESEARCH PAPER : Individual Project Due: April 28
Choose one of the following topics and write a paper (using the research paper format).  In order for you  to avoid any problems, be aware of the following details: a) Your final paper should have a title, an outline, an introduction, a work body, foot or end notes, and a bibliography. b) In your introduction you should include a clear thesis statement. c) Your paper should be no shorter than three pages and no longer than four (typed).
 
 Deadlines: Thesis statement and outline  April 7
Draft Paper (including bibliography) April 24
Final Paper    April 28

   Topics for the Research Paper

  1. Environmental protection in poor countries.
  2. How to reduce poverty in Peru .
  3. The  economic, social and psychological cost of “modern” diseases (aids, cancer, drug addiction, etc.).
  4. The high cost of illiteracy in developing nations.
  5. Is capitalism a synonym of progress and  equality?
  6. Do rich countries really help developing countries?
  7. Should developing countries consult rich countries about how to use their own natural resources?
  8. The problem of drug addicts in rich countries. 
  9. The effects of the geography on the Peruvian economy.
  10. The problem of alienation in underdeveloped countries.
  11. The socioeconomic effects of the tobacco industries.
  12. The role of teenagers in the national economy.
  13. The problems that modern technology causes.
  14. The narcotrafficking: producers and consumers. 
  15. Computers and the people's style of life.
  16. How science solves a few problems and creates many others.
  17. How countries with scarce natural resources become rich countries
  18. Pros and cons of the internet in the world's economy.
  19. The economic future of Peru , rich in natural resources.
  20. Political leaders and the science of economics.
  21. Environmental protection in industrialized countries
  22. The main causes of poverty in developing countries
  23. Foreign debt and poor countries. 
  24. Foreign investment in developing countries.
  25. How to deal with the informal businesses in Peru.
  26. Why do people should pay taxes.
  27. The role of competition in a capitalistic economy.
  28. The role of the multinationals in the world.
  29. Effects of natural disasters on the economy. 
  30. Why do countries that are rich in natural resources look like poor.
  31. Privatization in Latin America
  32. The role of statistics in the world economy
  33. The European Monetary Union
  34. The for and against of the NAFTA 
  35. Natural resources vs. industrialized products
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4. WEB PAGE: Final Group Project Due: June 16

This project will substitute the traditional final exam. It is due June 16 because all groups will do a presentation to the class in order for the teacher to evaluate the general work and discuss it with the groups. All groups, however, must report to the teacher on the following dates about the progress and improvements of the page.
 

March 24
April 21 
May 26
  1. Each group (4-6 people) will be in charge of one area of economics.
  2. All groups will be trained on the web page composition by Mrs. Gaby Eyzaguirre.  In case anybody has questions or consults feel free to e-mail her to: geyzagui@amersol.edu.pe
  3. The evaluation criteria will include three basic elements:

    4.  
    Content: 60 points
    Appearance: 20 points
    Friendliness: 20 points
  4. The following areas will be covered in the web page: 
    5. GROUP Period
    a. Global Economics Nicole's 2nd
    b. Natural Resources Alberto's  2nd
    c. Recession in the Peruvian economy  Marco's  6th
    d. Inflation and Recession in Rich and Poor Countries  Jamil's  7th
    e. Multinational Corporations  Gianna's  4th
    f. Economic Growth of Developing Nations  Eileen's  7th
    g. Unemployment in Latin America  Susana's  4th
    h. Foreign investment in Peru Nicole's 2nd
    i. The Stock market and Its Effects Carlos'' 2nd
    j. Influence of Technology on the Economy Veronica's 4th
    k. Capitalist and socialist Economies in the World Caroline's 6th
    l. The Economy and the Drug Trafficking Natalie's 6th
    m. Tax Payments Gabriela's 7th
  5. Each group can propose its work area, but two groups cannot do the same thing, the same theme.
  6. The content must be updated and supported by good sources and clear evidence.


WEB PAGE GROUPS

Period 2:  Nicole Ferrand
Melissa Martinez
Vanessa Medina
Franca Ayala
Naciby Nunez		 Carlos Yong 
Miguel Velasco
Nicolas Cuneo
Raul Valenzuela
Jong Hyung Woo		 Alberto Benavides
Alan Luy
Enrique Gonzalez
Rodrigo Fernandez
Alvaro Risco
Period 4 Susana Ikeda
Jose Miro Quesada
Jannia Guidino		 Veronica Tabja
Jose Polanco
Fernando Vargas		 Gianna Pipoli
Cynthia Goldin
Dong Chun Kim
Period 6: Natalie Zaidan
Pamela Diez-Canseco
Alessandra Mur		 Marco Sabal
Daniel Lozano
Paul Mulder
Andres Nicolini		 Caroline Stouffer
Talia Lanata
Alejandra Sacio
Sandra Begazo
Period 7: Eileen Huaco
Daniela Raffo
Hilda Henriquez
Giancarlo Mazzini 		 Jamil Tubbeh
Gonzalo Perez
Rodrigo Da Cunha
Giovanni Marsano		 Gabriela Ezeta
Giannina Figueroa
Xenia Gutierrez

GRADING INFORMATION


 


This section contains the current grades of students. The grades have different value to figure out the final grade. The exams count 50%, the projects 30%, and the quizzes and homework assignments 20%. The student "X", for example,  has the following grades:

Exams:  18 + 15 + 16 =  16.3   x .5 = 8.1 
Projects:  17 + 18 + 18 =  17.6   x .3 = 5.2
Quizzes and HW: 19 + 18 + 19 =  18.6   x .2 = 3.7

The student's grade is 17 (8.1 + 5.2 + 3.7).

economics grades per7sem2
economics grades per6sem2
economics grades per4sem2
economics grades per2sem2
 
 


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