CIA4U Analyzing Current Economic Issues – Grade 12 (University)

PREREQUISITE: Any university or university/college preparation course in Canadian and world studies, English, or social sciences and humanities

GRADE: 12 (University)

AVAILABILITY: Full-time – All Campuses, Private – All campuses, Blyth Academy Online

THE ONTARIO CURRICULUM: Canadian and World Studies

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Course Overview

CIA4U online examines current national and global economic trends and policies from diverse perspectives. Students will explore the impact of choices that individuals and institutions, including governments, make in responding to local, national, and global economic issues such as globalization and global economic inequalities, trade agreements, national debt, taxation, social spending, and consumer debt. In CIA4U online, students will apply the concepts of economic thinking and the economic inquiry process, including economic models, to investigate, and develop informed opinions about, current economic issues and to help them make reasoned economic decisions.

UNIT ONE
Introduction to Economics

Essential Question: How is scarcity an economic concept and how does it influence economic choices and decisions?

In this unit, students will develop their economic thinking. Students will complete different types of assessment, be introduced to different instructional strategies and explore fundamental economic concepts that will allow them to develop a deeper level of understanding in subsequent units. Students will explore fundamental concepts of economics and establish a foundation for developing their understanding of economic issues. Students will begin to explore scarcity and choice, microeconomics and macroeconomics, positive and normative economics, opportunity cost, economic models, political economies, and economic theory.

UNIT TWO
Supply and Demand

Essential Question: How are supply and demand models used to analyze and illustrate factors affecting economic choices?

In this unit, students will explore some essential concepts in economics: supply, demand, equilibrium and elasticity. This unit will set the stage for future learning and allow students to identify economic concepts in their everyday lives.

UNIT THREE
Achieving Economic Prosperity

Essential Question: How can we achieve and measure economic prosperity?

In this unit, students will learn about and apply economic concepts including identifying economic stakeholders, cost-benefit analysis and production decisions. Students will explore behavioural economics and apply the new learning in this unit to case studies. Students will address sustainability and economic growth and prosperity.

UNIT FOUR
Introduction to Macroeconomics

Essential Question: What considerations are missing from some of the common indicators used to measure economic growth and well-being?

In this unit, students will explore macroeconomic indicators, the business cycle, measures of well-being, alternative measures of well-being, and government budgets.

UNIT FIVE
Monetary and Fiscal Policy

Essential Question: How does the Bank of Canada influence financial markets and how do the fiscal policies of the federal government affect individuals in Canada?

In this unit, students will explore monetary and fiscal policies. They will explore the role of individuals in influencing fiscal policy and the role of money in the economy. At the completion of this unit, students will complete a macroeconomic analysis of an inquiry question.

UNIT SIX
International Interdependence and Inequality

Essential Question: How does economic globalization affect society, culture, and the environment?

In this unit, students will explore the global economy. Students will take much of their background understanding of economic theory and understanding and apply it globally. They will explore globalization, global inequality, social justice, trade models, agreements, and economic disparity.

Please consult our Frequently Asked Questions Page or the Exam section within your course for more details on final exams and the exam fee. More information can also be found in our Student Handbook.

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