G12 Analysing Current Economic Issues
Course Description
This course provides an overview of the importance of international business and trade in the global economy and explores the factors that influence success in international markets. Students will learn about the techniques and strategies associated with marketing, distribution, and managing international business effectively. This course prepares students for postsecondary programs in business, including international business, marketing, and management.
Overall Curriculum Expectations
By the end of this course, over the five units and covering five strands the students will meet the following Overall Expectations. The students will:
STRAND A: ECONOMIC INQUIRY AND SKILL DEVELOPMENT
| A1 | Economic Inquiry: use the economic inquiry process and the concepts of economic thinking when investigating current Canadian and international economic issues |
| A2 | Developing Transferable Skills: apply in everyday contexts skills developed through economic investigation, and identify various careers in which a background in economics might be an asset |
STRAND B: FUNDAMENTALS OF ECONOMICS
| B1 | Scarcity and Choice: demonstrate an understanding of the significance of the concept of scarcity and how it influences economic choices and decisions of various economic stakeholders (FOCUS ON: Economic Significance; Stability and Variability) |
| B2 | Supply and Demand Models: demonstrate an understanding of supply and demand models, including how to apply these models, and of factors that affect supply and demand (FOCUS ON: Cause and Effect; Stability and Variability) |
| B3 | Growth and Sustainability: analyse aspects of economic growth/development, including its costs, benefits, and sustainability (FOCUS ON: Cause and Effect; Economic Perspective) B4. Economic Thought and Decision Making: analyse how economic and political ideas and various sociocultural factors affect economic decision making (FOCUS ON: Economic Significance; Economic Perspective) |
STRAND C: FIRMS, MARKETS, AND ECONOMIC STAKEHOLDERS
| C1 | The Firm and Market Structures: demonstrate an understanding of markets and theories of the firm (FOCUS ON: Cause and Effect; Stability and 111Variability) |
| C2 | Economic Trade-Offs and Decisions: analyse economic trade-offs from the perspective of different stakeholders, including those in different countries, and how trade-offs influence economic decisions (FOCUS ON: Economic Significance; Economic Perspective) |
| C3 | The Role of Government in Redressing Imbalance: explain ways in which governments, both in Canada and internationally, intervene in the economy to help address social needs and economic imbalances (FOCUS ON: Stability and Variability; Economic Perspective) |
STRAND D: MACROECONOMICS
| D1 | Macroeconomic Models and Measures: demonstrate an understanding of various macroeconomic models and measures, including indicators used to measure economic inequalities, and assess their usefulness (FOCUS ON: Stability and Variability; Economic Perspective) |
| D2 | Fiscal Policy: demonstrate an understanding of fiscal policy in Canada, including how it is shaped and its impact (FOCUS ON: Economic Significance; Cause and Effect) |
| D3 | Monetary Policy: analyse various aspects of monetary policy in Canada and their impact on the economy (FOCUS ON: Cause and Effect; Economic Perspective) |
STRAND E
| E1 | Theories and Models of International Trade: analyse various theories, models, and issues relating to international trade (FOCUS ON: Economic Significance; Stability and Variability) |
| E2 | International Economic Developments: analyse the impact of some key international economic events and developments as well as various responses to them (FOCUS ON: Stability and Variability; Economic Perspective) |
| E3 | International Economic Power and Inequality: explain the main causes and effects of global economic disparities and assess the effectiveness of responses to these disparities (FOCUS ON: Cause and Effect; Economic Perspective) |
Course Content
| Unit | Title | Hours |
|---|---|---|
| UNIT 1 | FUNDAMENTALS OF ECONOMICS | 42 hours 6LX7H=42HRS |
| UNIT 2 | FIRMS, MARKETS, AND ECONOMIC STAKEHOLDERS | 21 hours 3LX7H=21HRS |
| UNIT 3 | MACROECONOMICS | 21 hours 3LX7H=21HRS |
| UNIT 4 | COURSE CULMINATING TASK: GLOBAL INTERDEPENDENCE AND INEQUALITIES | 25+3 hours Final Exam 4LX7H=28HRS |
| Total : 112 hrs |
Diagnostic assessment is used at the beginning of a unit to assist in determining a starting point for instruction. Assessments for Learning and as Learning (AFL & AAL) provide information to students as they are learning and refining their skills. Assessment of Learning (AOL), at the end of units and course, provides students with the opportunity to synthesize/apply/demonstrate their learning and the achievement of the expectations. The course also provides the students with a variety of ways to demonstrate their knowledge through the so-called Triangulation Assessments, which may assess students through Observation and/or Conversation (i.e. Oral Presentations or Student Interviews), as well as Student Products. The AOLs are posted at the end of each unit.
There are four levels of achievement for students who are passing the course:
- Level 1 (50-59%)
- Level 2 (60-69%)
- Level 3 (70-79%)
- Level 4 (80-100%)
Level 3 is the provincial standard for student achievement.
The final grade will include the following weighting:
| Knowledge | Thinking/Inquiry | Communication | Application |
|---|---|---|---|
| 12.5 | 25 | 25 | 25 |
| Understanding | |||
| 12.5 |
Seventy percent (70%) of the grade will be based on evaluation conducted throughout the course. Final evaluation will take into account the student’s most recent and most consistent performance.
Thirty percent (30%) of the grade will be based on a final evaluation consisting of the final examination and the independent study unit, which will take into account the entire course, including the student’s most recent and most consistent performance.
The evaluation for this course is based on the student’s achievement of curriculum expectations and the demonstrated skills required for effective learning. The final percentage grade represents the quality of the student’s overall achievement of the expectations for the course and reflects the corresponding level of achievement as described in the achievement chart for the discipline.
Proctoring
• The tests are typically a paper-pen evaluation written at a mutually agreed time, date, and location. The tests will be proctored, meaning a suitable adult with a dedicated identifiable and authentic email address will supervise you writing the tests. This process ensures the security and integrity of the test. Any person related or affiliated to the student in a personal way cannot serve as a test supervisor.
Resources required by the student
- A scanner, smartphone camera, or similar device to upload handwritten or hand-drawn work
- A front-facing camera on a desktop, laptop, or mobile device to allow for proctoring over the internet
- Internet access and a modern standards-compliant web browser
The tuition for this course is $800 for Canadian students and $2000 for international students.
Refunds
Maple Leaf School does not issue refunds. When a student enrolls in our course, the MLS administration team undertakes many tasks including establishing electronic/physical files, assigning teachers and tracking the enrolment for Ministry purposes, etc. The work is completed by our school the moment you register online.
Course Curriculum
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| U1L4 | 00:00:00 | ||
| U1L4 b | 00:00:00 | ||
| U1L5 | 00:00:00 | ||
| U1L6 | 00:00:00 | ||
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| U2L2 | 00:00:00 | ||
| U2L3 | 00:00:00 | ||
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| U3L1 | 00:00:00 | ||
| U3L2 | 00:00:00 | ||
| U3L3 | 00:00:00 | ||
| Unit 4 | |||
| U4L1 | 00:00:00 | ||
| U4L2 | 00:00:00 | ||
| U4L3 | 00:00:00 | ||
| U4L4 | 00:00:00 | ||
| Final Exam | |||
| How to request | 00:00:00 | ||
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