HST412: U.S. and Global Economics (Core)

This list is representative of the materials provided or used in this course. Keep in mind that the actual materials used may vary, depending on the school in which you are enrolled, and whether you are taking the course as Independent Study.

For a complete list of the materials to be used in this course by your enrolled student, please visit MyInfo. All lists are subject to change at any time.

Scope & Sequence : Scope & Sequence documents describe what is covered in a course (the scope) and also the order in which topics are covered (the sequence). These documents list instructional objectives and skills to be mastered. K12 Scope & Sequence documents for each course include:

Course Overview

This course uses real-world simulations to teach the issues faced by producers, consumers, investors, and taxpayers in the U.S. and around the world. Topics include markets; supply and demand; theories of early economic thinkers; theories of value; money; the role of banks, investment houses, and the Federal Reserve; and other fundamental features of capitalism. A survey of current issues in American and global markets rounds out the course.

back to top

Course Length

One Semester

back to top

Prerequisites

HST402: U.S. Government and Politics is recommended, but not required

back to top

Course Outline

Unit 1: The Game of Economics

Economics has a lot in common with games— they both have players and rules, and involve decisions, actions, and goals. This unit introduces students to the game of economics.

  • What Is Economics Anyway? Part 1
  • What Is Economics Anyway? Part 2
  • What Is Economics Anyway? Part 3
  • Different Ways to Play, Part 1
  • Different Ways to Play, Part 2
  • Dollars and Sense, Part 1
  • Dollars and Sense, Part 2
  • Technology and Economics, Part 1
  • Technology and Economics, Part 2

Unit 2: The Players

In this unit, students learn about the producers and consumers of goods and services, and what kinds of things influence the decisions they make. Students look at competition, the effect of the media, and business models.

  • Consumers and Producers, Part 1
  • Consumers and Producers, Part 2
  • Consumer Choice, Part 1
  • Consumer Choice, Part 2
  • Consumer Choice, Part 3
  • The Business of Business, Part 1
  • The Business of Business, Part 2
  • The Business of Business, Part 3
  • Business Models and Model Businesses, Part 1
  • Business Models and Model Businesses, Part 2
  • Business Models and Model Businesses, Part 3

Unit 3: The Price Is Right

Students learn about supply and demand, competition between buyers and sellers, and various non-economic factors that can influence price. They learn how wages are determined in the labor market and explore the effect of labor unions. They look at the housing market, standards of living, inflation, and more.

  • Supply and Demand: It's the Law, Part 1
  • Supply and Demand: It's the Law, Part 2
  • Get a Job, Part 1
  • Get a Job, Part 2
  • Find a Place to Live, Part 1
  • Find a Place to Live, Part 2
  • The Ups and Downs of the Economy, Part 1
  • The Ups and Downs of the Economy, Part 2
  • The Ups and Downs of the Economy, Part 3

Unit 4: Money, Money, Money

Students learn how money functions in an economy, the structures and operations of the U.S. banking system, and how the money supply is regulated. They compare different types of monetary policies, and learn about stock markets, various financial markets, and financing options available to businesses.

  • Money in the Bank, Part 1
  • Money in the Bank, Part 2
  • Money in the Bank, Part 3
  • The Stock Market, Part 1
  • The Stock Market, Part 2
  • More Markets, Part 1
  • More Markets, Part 2
  • Financing a Business, Part 1
  • Financing a Business, Part 2

Unit 5: The Government Gets Involved

Students learn about taxes, tariffs, government spending, and fiscal policy. They explore the role of the government in maintaining a free-market system and see how laws directly or indirectly affect the choices of consumers, producers, and workers.

  • Taxes and Tariffs, Part 1
  • Taxes and Tariffs, Part 2
  • The Government Is a Consumer, Part 1
  • The Government Is a Consumer, Part 2
  • The Government Is a Referee, Part 1
  • The Government Is a Referee, Part 2
  • The Government Is a Police Officer, Part 1
  • The Government Is a Police Officer, Part 2

Unit 6: The Global Game Board

Students learn about international trade and how globalization affects standards of living and economic growth. They learn about the operations of international and domestic banks, organizations that play a role in the international economy, and the World Trade Organization. They learn about problems that stem from globalization and possible solutions.

  • It's a Small World, Part 1
  • It's a Small World, Part 2
  • International Organizations, Part 1
  • International Organizations, Part 2
  • International Organizations, Part 3
  • The Challenges of Globalization, Part 1
  • The Challenges of Globalization, Part 2

Unit 7: Playing the Game Yourself: Personal Finance

Students learn about personal finances: bank accounts, debit and credit cards, checks, and budgets. They learn about the costs of housing, insurance, cars, and college.

  • Making Choices, Part 1
  • Making Choices, Part 2
  • Planning Ahead, Part 1
  • Planning Ahead, Part 2
  • Give Me Some Credit, Part 1
  • Give Me Some Credit, Part 2
  • The Responsible Consumer, Part 1
  • The Responsible Consumer, Part 2

Unit 8: U.S. and Global Economics Review and Exam

Students review what they have learned and take the final exam.

  • Review
  • Exam
back to top

Lesson Scheduling

back to top

 

K12 Scope & Sequence documents for each course include:

  • Course Overview (as seen above)
  • Course Outline
  • Lesson Time and Scheduling