Tutor Intro
Teacher S — Dean of the Department of Social Sciences in a top American university
- He is currently teaching IB Economics at a top American high school. He has nearly 30 years of teaching experience in various social science subjects. The subjects he has taught include: economics, history, world geography, psychology, sociology, etc.;
- He has extensive teaching experience in both AP and Ib curriculums. While serving as an AP/IB curriculum specialist in the school district, he was responsible for teacher training and supervise the school district’s teaching plans;
- Receive teaching certificates in AP Macroeconomics, AP Microeconomics, AP Psychology, AP U.S Government, AP Comparative Government, AP Art History. He has also taught IB Economics, IB Psychology, IB Art History;
- He served as the dean of the social science department of a top public high school for many years, responsible for the curriculum development and collaboration with social science teachers in the school district;
- Graduated from Rice University, one of the top universities in the United States, with a bachelor’s degree in philosophy and sociology, and a certificate in Social Science Education from Rice University.
- While at Rice University, he oversaw the univesrity’s AP Teaching Center, and served as AP World History and AP Macroeconomics teacher.
Class Intro
This is an introductory course that covers important concepts in both microeconomics and macroeconomics. The primary goal is to develop your understanding of the concepts, tools, graphs, and approaches used by economists. Students will gain a better understanding of policy-making tools, market structures, the financial markets, and more. This course will help students to interpret economic news and economic data at a much deeper level, while also helping them to form their own opinions on economic issues. In addition, this course will provide a strong foundation for students who want to continue with advanced placement economics, international baccalaureate economics, and beyond. The analytical, logic, and graphing knowledge will provide students with marketable skills that are highly sought after by employers and will help students in many different academic areas.
Microeconomics focuses on how individual markets work. The emphasis is on how consumers make choices and how privately-owned businesses produce goods, set wages, and earn profits. Tools of analysis include supply and demand, profit maximization in competitive and monopolistic markets, and the tradeoff between incentives and equity in policy design.
Macroeconomics focuses on principles that apply to an economic system as a whole. The course places particular emphasis on the study of national income and price-level determination. It also develops students’ familiarity with economic performance measures, the financial sector, stabilization policies, economic growth, and international economics. Students learn to use graphs, charts, and data to analyze, describe, and explain economic concepts.
Outcome
By the end of this course, students should:
- Understand economic terminology and analysis.
- Use supply and demand analysis to predict how businesses and consumers will respond to changing market conditions.
- Understanding profit maximization and cost structures for businesses
- Compare firms in different market structures – perfect and imperfect competition.
- Understand major economic indicators: Gross Domestic Product, Unemployment, Inflation
- Use the Aggregate Supply & Demand model to explain economic events and the economy.
- Understand policies to promote economic growth.
- Be ready for Advanced Placement, international baccalaureate, honors, or college economics.
Course Content
Lesson | Topics |
1 | Factors of Production Production Possibilities Curve Graphing Demand |
2 | Graphing Supply Equilibrium |
3 | Demand Elasticity Supply Elasticity Other Elasticities |
4 | Price Floors Price Ceilings Subsidies Taxes |
5 | Production Costs Shutdown Point Perfect Competition |
6 | Monopolies Oligopolies Monopolistic Competition |
7 | Circular Flow Model Business Cycle Aggregate Expenditure Gross Domestic Product |
8 | Classical Model Keynesian Model Short-run vs Long-run |
9 | Money Supply Money Market Graph Monetary Policy |
10 | Monetary Policy Revisited Fiscal Policy |
Students
Students who are in grade 8-10 who want to start learning economics.
Feedback
After each class, the teacher will send course feedback, including course topics, homework and student progress.
Schedule
10 hours of classes, 90 minutes/class
