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CIE3M Economics: The Individual And The Economy – Grade 11 (University/College)

  • Grade 11

PREREQUISITE: Canadian History since World War I, Grade 10, Academic or Applied

GRADE:  11 (University/College)

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

THE ONTARIO CURRICULUMCanadian and World Studies

Course Overview

CIE3M online explores challenges facing the Canadian economy as well as the implications of various responses to these challenges. Students will explore the economic role of business, labour, and government, as well as their own role as individual consumers and contributors, and how all of these influence stability and variability in the Canadian economy. In CIE3M online, students will apply the concepts of economic thinking and the economic inquiry process, including economic models, to investigate the impact of economic decisions.

Introduction to Economics

Essential Question: Why is there economic inequality in Canada? How is it addressed?

In this unit, students will be introduced to the study of economics. Students will begin exploring economic inquiry and economic thinking in investigating current economic issues in Canada. Students will explore economic decision making and concepts of scarcity and choice including models that can be used to evaluate these choices. In addition, they will begin to explore the role of government and political entities in making economic decisions.

The Canadian Labour Market

Essential Question: What impact do people's short and long term financial goals have on their economic decisions?

In this unit, students will explore the market systems, organized and unorganized workers in Canada, employment patterns and trends, and causes and measures of economic inequality in Canada. Students will continue to develop transferable skills and continue to develop economic thinking as it applies to current issues of labour and employment in Canada.

Financial Management and Business Organization

Essential Question: How do different stakeholders in Canada respond to issues related to scarcity?

In this unit, students will explore and expand upon political and economic systems that were addressed in Unit 1. Students will also gain an opportunity to integrate personal financial decision-making into existing understandings of economic decision making. In addition, students will explore the role of cost-benefit analyses into personal financial decisions.

Economic Stability in Canada

Essential Question: What are the employment patterns in Canada? 

In this unit, students will explore how producers and consumers participate in the Canadian economy and ways that governments affect this participation. They will explore how the governments in Canada intervene in the economy and explain the roles, perspectives and influence of various economic citizens in Canada.

Canada and the Global Economy

Essential Question: What factors influence business decisions in Canada?

In this unit, students will explore the role of perspectives on scarcity and sustainability and assess their significance in Canada. Students will also weigh the trade-offs in decision making for governments and explore the criteria these governments use. Students will apply their new learning to current issues in economics and assess the impact of globalization including international trade and investment on the Canadian economy.

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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