This course was created with the
course builder. Create your online course today.
Start now
Create your course
with
Autoplay
Autocomplete
Previous Lesson
Complete and Continue
Economic Principles
First Section
About Instruction
Goal 1: Demonstrate critical, creative, and innovative thinking.
LO 1.1: Demonstrate critical, creative, and innovative thinking.
SLO 12B.1.1.1: Formulate questions to generate new ideas.
SLO 12B.1.1.2: Evaluate information and perspectives related to the thinking process.
SLO 12B.1.1.3: Evaluate patterns and connections related to critical, creative, and innovative thinking.
Goal 2: Employ current and emerging technologies used in business and industry.
GLO 2.1: Employ current and emerging technologies used in business and industry
SLO 12B.2.1.1: Evaluate appropriate current technologies for use in business and industry.
SLO 12B.2.1.2: Utilize appropriate current technologies used in business and industry.
SLO 12B.2.1.3: Identify and use technology for specific tasks to improve productivity and efficiency.
SLO 12B.2.1.4: Evaluate the utility of emerging trends in technology
GLO 2.2: Demonstrate awareness of digital footprints.
SLO 12B.2.2.1: Analyze the impact of one’s own digital footprint.
Goal 3: Demonstrate business communication skills.
SLO 12B.3.1.1: Define and use appropriate business language and terminology.
SLO 12B.3.1.2: Demonstrate appropriate business etiquette and protocols.
SLO 12B.3.1.3: Employ conflict resolution techniques
SLO 12B.3.1.4: Produce business documents.
SLO 12B.3.1.5: Present information and ideas.
Goal 4: Demonstrate an understanding of ethical and legal standards.
GLO 4.1: Demonstrate an understanding of ethical and legal standards.
SLO 12B.4.1.1: Differentiate between ethics and legal business practices.
SLO 12B.4.1.2: Discuss ethical business strategies
SLO 12B.4.1.3: Discuss laws, codes, and regulations related to economics
Goal 5: Identify historical influences and emerging trends as innovative sources for business.
GLO 5.1: Identify historical influences as innovative sources for business.
SLO 12B.5.1.1: Describe historical influences on the evolution of economics.
GLO 5.2: Analyze emerging trends in business.
SLO 12B.5.2.1: Identify emerging trends in economics.
SLO 12B.5.2.2: Analyze emerging trends in economics
SLO 12B.5.2.3: Predict future trends in economics
Goal 6: Demonstrate awareness of sustainability in business
GLO 6.1: Demonstrate awareness of sustainability in business
SLO 12B.6.1.1: Demonstrate human sustainability practices while considering financial and environmental sustainability
SLO 12B.6.1.2: Demonstrate sustainable environmental practices while considering human and financial sustainability.
SLO 12B.6.1.3: Demonstrate sustainable financial practices while considering human and environmental sustainability.
Goal 7: Demonstrate an understanding of the impact culture and diversity have on business.
GLO 7.1: Demonstrate an understanding of the impact culture and diversity have on business.
SLO 12B.7.1.1: Reflect on how culture impacts business decisions,
SLO 12B.7.1.2: Examine First Nations, Métis, and Inuit perspectives and how they relate to business.
Goal 8: Describe and demonstrate employability skills
SLO 12B.8.1.1: Demonstrate an ability to read and write text, use documents, work with numbers, communicate orally, use technology, learn continuously, and think critically.
SLO 12B.8.1.2: Demonstrate positive attitude and behaviours, responsibility, adaptability, and safe work practices.
SLO 12B.8.1.3: Demonstrate time management and punctuality.
SLO 12B.8.1.4: Demonstrate the ability to work with others and participate in projects and tasks.
Goal 9: Explore education and career opportunities.
SLO 12B.9.1.1: Explore education and career opportunities related to economics.
Goal 10: Analyze the role of business in society.
SLO 12B.10.1.1: Analyze the role of economics.
Goal 11: Demonstrate an understanding of personal finance
Demonstrate an understanding of personal finance.
Goal 12: Demonstrate an understanding of the accounting procedures required to complete the accounti
Demonstrate an understanding of the accounting procedures required to complete the accounting cycle.
Goal 13: Demonstrate an understanding of economics and the global market.
GLO 13.1: Demonstrate an understanding of basic economic concepts.
SLO 12B.13.1.1: Define economy.
SLO 12B.13.1.2: Distinguish between microeconomics and macroeconomics.
SLO 12B.13.1.3: Analyze types of economic systems
SLO 12B.13.1.4: Analyze the sectors and their function in the economy,
SLO 12B.13.1.5: Demonstrate an understanding of the role and importance of currency within an economy.
SLO 12B.13.1.6: Calculate and explain economic formulas
GLO 13.2: Demonstrate an understanding of the law of supply and demand.
SLO 12B.13.2.1: Define terms related to supply and demand
SLO 12B.13.2.2: Analyze and illustrate the relationship between supply and demand.
SLO 12B.13.2.3: Analyze factors which affect the demand and supply curve
SLO 12B.13.2.4: Analyze the concept of elasticity on supply and demand.
SLO 12B.13.2.5: Apply the concept of supply and demand to a variety of markets,
GLO 13.3: Demonstrate an understanding of market influences.
SLO 12B.13.3.1: Compare and contrast market structures,
SLO 12B.13.3.2: Analyze the cause and effect of market influences
GLO 13.4: Demonstrate an understanding of the economic life cycle.
LO 12B.13.4.1: Analyze the impact of each stage of the economic life cycle
SLO 12B.13.4.2: Define inflation and deflation.
SLO 12B.13.4.3: Identify indicators of inflation and deflation in the economy
SLO 12B.13.4.4: Explain the relationship between economic indicators and the financial well-being of consumers, businesses, and government
SLO 12B.13.4.5: Use a variety of statistical measures to evaluate a market,
GLO 13.5: Demonstrate an understanding of the global market.
SLO 12B.13.5.1: Evaluate an economic system’s performance based on criteria
SLO 12B.13.5.2: Analyze the roles of individuals, business, and government in economic decision making.
SLO 12B.13.5.3: Analyze factors that affect global trade
GLO 13.6: Demonstrate an understanding of how economic factors influence decision making.
SLO 12B.13.6.1: Demonstrate an understanding of how economic factors influence personal, consumer, business, and government decision making.
SLO 12B.13.6.2: Apply economic principles and concepts to complete an economic impact study (for example what are the causes and effects of ...).
SLO 12B.1.1.2: Evaluate information and perspectives related to the thinking process.
Lesson content locked
If you're already enrolled,
you'll need to login
.
Enroll in Course to Unlock