Sequoia High School

• 1201 Brewster Ave., Redwood City, CA 94062
• 650.367.9780

Economics: In this required for graduation course you will be expected to demonstrate knowledge of, and facility with, key economic concepts and principles. As a result of this course, you will become a better-informed and more effective participant in the local, national and world economies and you will be prepared to succeed in a college-level economics course.

The semester will be organized into a series of eight units:

-          An Intro to Economic Concepts, including scarcity, factors of production and types of economic systems.

-          How Markets Work, including supply and demand and the role of prices.

-          The Role of the Household in a Mixed Economy, including saving and investing.

-          The Role of the Firm in a Mixed Economy, including market structures, types of business organizations, how wages are determined and the role of labor unions.

-          The Role of the Government in a Mixed Economy, including market failures, public goods, taxes and regulations.

-          An Intro to Macroeconomics, including GDP, inflation and unemployment, and the money supply.

-          Fiscal and Monetary Policy, including Keynesian and Supply-Side fiscal policy and the role of the Federal Reserve in managing the money supply.

-          An Intro to International Economics, including comparative advantage, foreign exchange and trade barriers.

Teacher:

Mr. Gray

Email: wgray@seq.org