Analysing Current Economic Issues – CIA4U

Description

This Grade 12 university preparation course examines current Canadian and international economic issues, developments, policies and practices from diverse perspectives. Students apply economic thinking, inquiry, models and data to investigate scarcity, markets, government intervention, macroeconomic policy, trade, globalization, inequality, growth and sustainability.

What You’ll Learn

• Use economic inquiry and the concepts of economic thinking to investigate current issues.
• Apply scarcity, opportunity cost, supply and demand, growth and sustainability concepts.
• Analyze firms, market structures, stakeholder trade-offs and government intervention.
• Interpret macroeconomic indicators and examine fiscal and monetary policy.
• Analyze international trade, globalization, exchange rates, economic power and global inequalities.
• Develop evidence-based economic judgements using models, data, research and stakeholder perspectives.

Skills You’ll Develop

• Economic inquiry and source evaluation
• Data, graph and model interpretation
• Policy and stakeholder analysis
• Quantitative and qualitative economic reasoning
• Evidence-based argument and communication

Learning Outcomes

• Use the economic inquiry process to investigate Canadian and international economic issues.
• Explain scarcity, supply and demand, growth, sustainability and economic decision making.
• Analyze firms, market structures, trade-offs and the role of government in addressing imbalance.
• Interpret macroeconomic models and measures and explain fiscal and monetary policy.
• Analyze international trade theories, major economic developments and globalization.
• Explain causes and effects of global economic disparities and evaluate responses.
• Communicate informed economic conclusions using models, data and credible evidence.