CIE3M: The Individual and the Economy (University Preparation)
PREREQUISITE: Canadian History since World War I, Grade 10, Academic or Applied
GRADE: 11 (University/College)
AVAILABILITY: Spark Asher Academy Online
THE ONTARIO CURRICULUM: Canadian and World Studies
Course Overview
This course explores issues and challenges facing the Canadian economy and examines the implications of various responses to them. You will study the economic roles of firms, workers, and government, as well as your role as individual consumers and contributors, and how these roles contribute to stability and change in the Canadian economy. Applying concepts of economic thinking and the economic inquiry process, including economic models, you will investigate the impact of economic issues and decisions at the individual, regional, and national levels.
UNIT ONE
Introduction to Economics
- Essential Question: Why does economic inequality exist in Canada, and how do we address it?
This unit will launch your exploration of economics! We’ll delve into economic inquiry and thinking, using real-world Canadian issues as our springboard. You’ll grapple with economic decision-making, scarcity, and the choices we face, using models to analyze these situations. We’ll also begin to explore the role of government and other political entities in shaping economic decisions.
UNIT TWO
The Canadian Labour Market: Your Choices, Your Future
- Essential Question: How do our financial goals, both short-term and long-term, influence the economic decisions we make?
This unit will take you on a deep dive into Canada’s labour market system. We’ll explore organized and unorganized labour, employment trends and patterns, and the factors that contribute to economic inequality in Canada. You’ll continue to hone your transferable skills and develop your economic thinking muscles as we tackle current issues affecting Canadian workers and employment.
UNIT THREE
Financial Management and Business Organization: Scarcity’s Impact on You and the System
- Essential Question: How do different stakeholders in Canada approach scarcity?
Building on the political and economic systems introduced in Unit 1, this unit will give you the chance to integrate personal financial decision-making into your understanding of broader economic decisions. We’ll explore the role of cost-benefit analysis in your personal financial choices.
UNIT FOUR
Maintaining Economic Stability in Canada
- Essential Question: What are the employment patterns in Canada’s economy?
This unit will examine how producers and consumers interact within the Canadian economy, and how government policies influence this participation. We’ll explore how Canadian governments intervene in the economy and analyze the roles, perspectives, and influence of various economic players.
UNIT FIVE
Canada and the Global Economy: A World of Trade and Choices
- Essential Question: What factors shape business decisions in Canada?
This unit will delve into the role of perspectives on scarcity and sustainability, and their significance in Canada. We’ll weigh the trade-offs involved in decision-making for governments and explore the criteria they use. Finally, you’ll get to apply your newfound knowledge to current economic issues and assess the impact of globalization, including international trade and investment, on the Canadian economy.
For more details on final exams and the exam fee, please consult to us directly via contact page. Additional information can be found in our download section in courses page.
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