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Economics Syllabus

The Course:

Economics focuses on how the American market economy operates.  The student will gain an insight into basic economic terms, such as supply and demand, recession, inflation, and others.  The consumer, his problems and protections will also be studied. The South Carolina Social Studies Standards will serve as a guide for the content of the course


Required Materials:

  • Text Book: Economics Concepts and Choices
  • A notebook that has a three-ring binder that allows papers to be added or taken out.
  • Abundant Supply of Loose Leaf paper.
  • All handouts and completed assignments.
  • A pencil and a blue or black pen.

Contact Information:

  • Email: aflowers@wiliston.k12.sc.us  
  • Phone: 803-266-3110 (Office) 803-266-8035 (Classroom)
  • Website: http://www.williston.k12.sc.us/olc/teacher.aspx?s=86
  • Room Number and Planning Periods: Room 133, 4th Block Planning


World Wide Web Resources are located at:





  • Daily Grades                            30% of quarter average (Includes homework, class work, and class participation)


  • Major Grades                           50% (includes tests and projects)


  • Final Exam                               20% of quarter average. Seniors with at least a 90 average may choose to exempt the exam.


Attendance and Make-up work:

Students should follow the procedures for attendance that are outlined in their handbooks. Economics is a quarter course, therefore; students are not allowed to miss more than three days. Make-up work is the responsibility of the student. All work, including tests, will expire at the end of the quarter. If the work is not made up by the expiration date, then a zero will be given as a grade.  Test corrections will be allowed at the discretion of the teacher. Tardiness will not be accepted. Students should show up to class on time or they will be marked tardy unless they have a pass. Tutoring will be available to students on Wednesday afternoons from 3:00-4:00 pm.


Classroom Rules:

  1. Follow all instructions given by the teacher.
  2. Students are to be seated in their desks when the bell rings and to begin on work given by the teacher.
  3. Bring all required materials to class everyday.
  4. Remain respectful at all times.
  5. Make-up work is the responsibility of the student and will not be discussed during class.
  6. At the end of the class, students are to remain seated until they are dismissed by the teacher.


Course Outline-Approximate outline of covered topics. Teacher reserves the right to deviate from the outline if necessary.





Unit 1

What is Economics, Economic Systems

1.1, 1.2,1.3, 3.4

Unit 2

Demand, Supply, Prices, Market Structures

2.1, 2.2, 2.3, 2.4, 2.5, 2.6, 3.5

Unit 3

Business Organization, Labor and Unions, Sources of Capital

3.1, 3.2, 3.3, 5.1, 5.2, 5.3

Unit 4

Economic Performance, Economic Challenges

3.4, 3.5, 3.6, 3.7, 3.8, 3.9

Unit 5

Role of Government, Money and the Banking System, The Fed and Monetary Policy, Fiscal Policy

3.4, 3.5, 3.6, 3.7, 3.8, 3.9

Unit 6                                                                  

Comparing Economic Systems, Developing Coutnries, International Trade

4.1, 4.2, 4.3, 4.4


Overall Process and Learning Goals:

  1. Interpret basic and advanced economic concepts.
  2. Analyze key economic issues that affect our lives as workers, consumers, and citizens.
  3. Analyze the trends in major changes in the American and world economy.
  4. Evaluate data from major economic indicators.
  5. Evaluate different views on economic issues.
  6. Analyze the expected and actual consequences of personal choice and public policy.
  7. Communicate through oral, written, and graphical interactions.