Grade 9 / Year 10 Economics Course Syllabus 2020-2021 Course Outline

GRADE 9 / YEAR 10 ECONOMICS COURSE SYLLABUS
2020-2021
Course Outline
Overview
The 9 Level Economics syllabus aims to enable students to understand
economic terminology, concepts and theories, use basic economic numeracy
and interpret economic data, use the tools of economic analysis, express
economic ideas logically and clearly in a written form and apply economic
understanding to current economic issues. This course also develops skills of
communication, analysis, interpretation, and presentation of both qualitative
and quantitative economics data information by creating a link to real-life
examples.
Learning Outcomes
The aims are to enable students to:
 know and understand economic terminology, concepts, and theories

 use basic economic numeracy and interpret economic data
 use the tools of economic analysis
 express economic ideas logically and clearly in a written form
 apply economic understanding to current economic issues.
Unit Overviews
Term 1
Section 1 Basic economic problem
Approximate length: 4 weeks
This section introduces the fundamental ideas and concepts that underpin the study of
economics including the basic economic problem, factors of production, opportunity cost and
production possibility curves.
Cambridge International Curriculum Standards
To be able to define the nature of the economic problem in terms of finite (limited) resources
and infinite (unlimited) wants.
 To be able to define the factors of production and their rewards.

 To be able to define opportunity cost and analyze circumstances to illustrate the
concept.
 To be able to define and demonstrate how production possibility curves can be used
to illustrate choice and resource allocation.
 To be able to evaluate the implications of courses of action in terms of opportunity
cost
Section 2 The allocation of resources

Approximate length: 9 weeks
The fundamental principles of resource allocation are considered through the price
mechanism in a market economy. The market forces of demand and supply, market
equilibrium and disequilibrium, and elasticity form the core of this section.
Cambridge International Curriculum Standards
 To be able to demonstrate the principle of equilibrium price and analyze simple

market situations with changes in demand and supply.
 To be able to describe the causes of changes in demand and supply conditions and
analyze such changes to show effects in the market.
 To be able to define price elasticity of demand and supply and perform simple
calculations.
 To be able to demonstrate the usefulness of price elasticity situations such as revenue
changes, consumer expenditure.
 To be able to describe the allocation of resources in market and mixed economic
systems.
 To be able to evaluate the merits of the market system. To be able to describe the
concept of market failure and explain the reasons for its occurrence.
 To be able to define private and social costs and benefits and discuss conflicts of
interest in relation to these costs and benefits in the short-term and long-term through
studies of the following issues:
 conserving resources versus using resources
 public expenditure versus private expenditure.
General teaching methodologies will include Online and Face to Face (Blended) learning,
Face to face students will be in class while online learners will log in remotely and follow the
instructor, who will have the laptop camera facing the smartboard. Teaching will be done
using a combination of writing and illustrating on the smartboard and PowerPoint
presentations. This should include a combination of oral and visual methods to differentiate
instruction modes to cater to student preferences effectively.
Use of Phoenix to allocate differentiated activities catering to varying learning abilities of the
students – these online activities will include quizzes, assignments, research-based projects,
digital group activities and formative tests.
Feedback to students will be given through the Gems Phoenix platform. Feedback will
include rubrics, teacher, and peer marking.
Questions from students – time allocated to allow students the opportunity to ask questions
and give written and oral feedback through digital platforms.
Term 2
Programme of Study
Term 3
Programme of Study

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Grade 9 / Year 10 Economics Course Syllabus 2020-2021 Course Outline

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GRADE 9 / YEAR 10 ECONOMICS COURSE SYLLABUS

 know and understand economic terminology, concepts, and theories

 To be able to define the factors of production and their rewards.

Section 2 The allocation of resources

 To be able to demonstrate the principle of equilibrium price and analyze simple

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