Instituto Salesiano Macau

2016-2017 Course Outline

 

Course Name

Economics

Form

6A

 

Textbooks

 

Economics: Complete Economics for Cambridge IGCSE & O Level Second Edition

 

Course Objectives

 

 

 

 

Cognitive

Domain

 

The Economics course is divided into three sections. In form 6A, we concentrates on the

Advanced Level Economics.

The Advanced Economics focuses on most current business practice and relates student learning to real business examples and helps students’ ability to interpret and evaluate economic data in order to make reasoned judgments. It prepares pursuit students for life outside school in the business world.

 

 

 

Affective

Domain

 

The primary focus will be on improving the students’ abilities to demonstrate the application of numeracy skills in the context of economic questions, and the literacy skills through description and explanation. As students’ progress through the course they are introduced to new ideas and concepts while continuing to use and reinforce previously learned economic concepts and skills in Form 5A.

 

 

 

 

 

Psychomotor

Domain

 

This course is closely pegged to the course objectives of the major external economics examination body, Edexcel, GCE 'A' Level. After this course, students can attempt external exams such as Edexcel, International Advanced Level. Therefore, students will be encouraged to set their own achievable, realistic goals that will ensure success through hard work and perseverance.

This course lays an appropriate foundation for the further study of business, accounting and economics related subjects in university and occupational qualification.

 

Course Outline

Term

Unit

Teaching Contents

Activities

 

 

 

 

 

 

 

 

 

 

1

 

 

 

 

 

 

 

 

Chapter

1, 2, 3,

7, 10,

19 & 21

 

Competitive Markets – How They Work and Why They Fail:

What is the nature of economics?

Demand and supply

Why do some markets fail?

What is government failure?

 

 

Managing the Economy:

Measurement of the economic performance of developed   and developing countries using economic growth, inflation, unemployment, balance of payments, Human Development Index (HDI)

The current macroeconomic objectives of government and its conflicts

The main macroeconomic policy instruments: Demand-side policies and

Supply-side policies

 

 

 

 

 

 

 

Reading buddies; Career talk: Golden oldies;

Practical Office


 

 

 

 

 

 

 

 

 

 

 

2

 

 

 

 

 

 

Chapter

4, 8, 12,

13, 14,

15, 16,

17, 18,

19 & 22

 

 

Business Economics and Economic Efficiency:

The objectives of firms

Behaviour of firms: perfect competition; monopoly; monopsony;

oligopoly; monopolistic competition and contestability

Government intervention to maintain competition in markets

 

 

The Global Economy:

Causes and effects of globalization

International trade

Public expenditure

The growth and development in developed and developing countries

 

 

 

 

 

 

Reading buddies &

Practical Office

 

Reference Books

1

Economics A Level – AG Anderton

2

Advanced Economics Edexcel – P Smith

 

Useful Links

Descriptions

Link

BBC News: Economics

www.bbc.co.uk

Edexcel

www.Edexcel.org.uk