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High School Economics: Real-World Skills for Teens

A 14-week interactive course exploring key concepts like supply & demand, market structures, and globalization. Through real-world case studies and a fun project analyzing a celebrity or company, learners connect economics to everyday life.
Janelle Hopkins M.Ed - World History
Average rating:
4.9
Number of reviews:
(364)
Star Educator
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Class

What's included

14 live meetings
11 hrs 40 mins in-class hours
Homework
1-2 hours per week. Brief, independent assignments will often extend outside classroom time due to our packed agenda. Every learner will get at least one week to complete assignments and will receive advanced notice for larger projects. Homework, necessary for a deeper understanding, will be light—expect about 30 to 60 minutes per week. It's important to note that learners have varying speeds and styles of learning, and this may reflect in the time taken to complete tasks. Completing these assignments diligently on one's own time will not only reinforce the material discussed in class but will also prepare learners for more engaging and productive class experience. Learners will be assigned a role to play during the simulation, which requires some background work (both individually and in teams) leading up to the actual simulation (a special session of Congress). For digital worksheets, please refer to the 'Materials' section, which contains a list of third-party websites where they can be accessed.
Assessment
Upon request and prior to the start of the course, assessments can be conducted throughout the course to evaluate learner progress and understanding. These assessments may include quizzes, tests, projects, feedback and/or other forms of evaluation (i.e. letter grade). Parents and learners are encouraged to discuss their grading preferences with the teacher. The purpose of assessments and grades is to provide feedback on student learning and measure their achievement. It is important for learners to actively participate in assessments and seek feedback to gauge their progress and areas of improvement. Furthermore, a detailed rubric will be provided specifically for the project. This rubric will serve as a guideline to assess and evaluate the quality and creativity of the learners' project. It will outline the criteria and expectations, ensuring transparency and fairness in the assessment process.
Letter Grade
Upon request learners can opt to receive grades and/or feedback. In the absence of a specific request for grades, only feedback will be provided.
Progress Report
included

Class Experience

US Grade 10 - 12
Does your learner struggle to grasp economics concepts or feel overwhelmed by math? This course is designed to change that! High School Economics for the Real World makes economics approachable and engaging, focusing on understanding and applying principles instead of complex calculations.

Through dynamic discussions, real-world case studies, and fun projects like analyzing their favorite celebrity or company, learners will see how economics connects to their daily lives. With interactive lessons and hands-on activities, they’ll build confidence while exploring supply and demand, market forces, government policies, and globalization.

No advanced math skills are needed—just curiosity and a calculator to help with basic tasks. This 14-week course offers the perfect blend of creativity and real-world applications to empower learners with the tools they need to succeed

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Topics Covered:
-Scarcity, opportunity cost, and decision-making
-Supply, demand, and market equilibrium
-Incentives, competition, and profit
-Labor markets and wage differences
-Financial markets and investment
-Fiscal and monetary policy
-International trade and exchange rates
-Real-world economic analysis through a celebrity or company project

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Additional Class Expectations:

REFUND POLICY: I understand the appeal of booking in advance to secure a spot in classes, but I also acknowledge that circumstances may change. If you need to withdraw your learner for any reason up to ten days before the class's start date, I will gladly issue a full refund. Please don't hesitate to contact me in such cases. For inquiries regarding sibling discounts, please reach out for further assistance.

Active Participation: In this class, active participation is key to meaningful engagement and learning. Learners are strongly encouraged to contribute to discussions, share their perspectives, and ask questions. To promote critical thinking and effective in-class interactions, the chat feature should be used sparingly. While quick questions or clarifications are welcome, longer answers or discussions are best reserved for face-to-face interactions during class time.

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Each week, learners will find all required materials posted in the classroom, with most being digital-friendly and a select few requiring printing.  For those who prefer not to print, digital documents can be accessed through Google Drive or PDFs will be available to view on your device. Although I aim to provide enough in-class time for all topics and activities, given time limits, several brief assignments will require independent completion. Understanding learners' busy lives, I provide ample time, at least one week, for the completion of each task and extended notice for projects.

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Note on Teaching Style and Learner Participation:
This class thrives on active student interaction and participation. The teaching methods, including simulations and critical thinking activities, are designed to engage and inspire. However, the success of these interactive sessions largely depends on learner involvement. Should active participation prove challenging, we may transition to a lecture format to ensure all essential material is thoroughly covered. I encourage all learners to join in, share their thoughts, and contribute to a dynamic learning environment, making the educational journey enriching for everyone.

Learning Goals

Understand common economic terms and concepts and economic reasoning.
Analyze the elements of America’s market economy in a global setting.
learning goal

Syllabus

Curriculum
Follows Teacher-Created Curriculum
Standards
Aligned with State-Specific Standards
14 Lessons
over 14 Weeks
Lesson 1:
Introduction to Economics
 This lesson covers key economic terms like scarcity and choices. Learners will explore the causal relationship between limited resources and the need to make decisions, including the concept of opportunity cost. The lesson will examine how individuals and societies decide how to allocate resources in a market economy. 
50 mins online live lesson
Lesson 2:
Opportunity Cost, Marginal Benefit & Marginal Cost
 This lesson is about opportunity cost, marginal benefit, and marginal cost, and how these affect decision-making. Through real-world examples, learners will explore why some economic choices are made based on marginal changes and trade-offs. This lesson builds on understanding the impact of incentives on behavior. 
50 mins online live lesson
Lesson 3:
Supply, Demand & Market Equilibrium
 This lesson introduces the laws of supply and demand, showing how prices reflect the relative scarcity of goods and services. Learners will analyze how changes in supply and demand impact prices, quantity, and scarcity, and explore how the market reaches equilibrium. 
50 mins online live lesson
Lesson 4:
Incentives & Market Structures
 Learners will dive into how incentives affect consumer and producer behavior, as well as how different market structures (e.g., perfect competition, monopolies) influence pricing and production. The lesson emphasizes the role of property rights, profit, and competition in the economy. 
50 mins online live lesson

Other Details

Parental Guidance
Discussions of real-world companies and celebrities may touch on current events, financial challenges, or economic downturns, but these topics will be approached in an educational and respectful manner.
Supply List
Please ensure that you have the following supplies for the course:

Paper: It is recommended to have a variety of paper types, such as lined paper for note-taking and plain paper for drawing or writing activities.
Pen/Pencil: A reliable pen or pencil for writing and completing assignments.
Printer: Access to a printer will be necessary to print out resources provided by the teacher or to access digital documents.
Folder or Binder: If you choose to use hard copy printouts, it is strongly suggested to have a folder or binder to keep your materials organized and easily accessible.

For digital worksheets, please refer to the 'Materials' section where a list of recommended third-party websites will be provided.
External Resources
In addition to the Outschool classroom, this class uses:
Sources
N. Gregory Mankiw, Principles of Economics, 8th ed. (Cengage Learning, 2017) Paul Krugman & Robin Wells, Economics, 5th ed. (Worth Publishers, 2017) Charles Wheelan, Naked Economics: Undressing the Dismal Science, 2nd ed. (W.W. Norton & Company, 2010) “The Role of Supply and Demand in Economics” from The Economist “How Monetary Policy Works” by the Federal Reserve U.S. Constitution The Federal Reserve Act
Joined June, 2020
4.9
364reviews
Star Educator
Popular
Profile
Teacher expertise and credentials
Alabama Teaching Certificate in Social Studies/History
Master's Degree in Education from University of Montevallo
I hold a Bachelor of Arts degree in Political Science with a concentration in Comparative Politics. My academic journey included a wide range of courses focusing on various political, historical, and economic aspects of civilizations from different time periods and regions around the world. This comprehensive study allowed me to develop a deep understanding of the complexities of past and present societies, particularly their political and economic systems.

Furthermore, I pursued a Master of Education degree specializing in Secondary Social Sciences, which provided me with advanced knowledge in teaching history, political science, and economics. I obtained certification from the state of Alabama, qualifying me to teach social sciences to students in grades 7-12.

Over the course of my teaching career, I have gained extensive experience instructing students in US and World history, as well as fundamental economic principles. For more than four years, I have been dedicated to delivering engaging and informative lessons across these subjects. Additionally, I have conducted extensive research in history, politics, and economics for over 20+ years, allowing me to stay informed and up-to-date with the latest developments in these fields.

My educational background, teaching experience, and research expertise have equipped me with the necessary skills and knowledge to provide students with a comprehensive and engaging learning experience. I am committed to fostering a deeper understanding of historical events, political dynamics, and economic systems while encouraging critical thinking and a passion for learning in my learners.

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Live Group Course
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$279

for 14 classes
1x per week, 14 weeks
50 min

Live video meetings
Ages: 15-18
4-12 learners per class

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