CIA4U
course features
Analyzing
Current Economic Issues, Grade 12, University Preparation
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Course
Code
CIA4U
Credit Value
Study
Time
110 Hours
Level
Prerequisite
Any Grade 11/12 university (U) or university/college (M) preparation course in Social Sciences and Humanities, English, or Canadian and World Studies.
Course Description
This course investigates
the nature of the competitive global economy and explores how individuals and
societies can gain the information they need to make appropriate economic
decisions. Students will learn about the principles of microeconomics and
macroeconomics, apply economic models and concepts to interpret economic
information, assess the validity of statistics, and investigate marketplace
dynamics. Students will use economic inquiry and communication skills to
analyse current economic issues, make informed judgements, and present their
findings.
Unit 1:
Economic Decision Making
In this unit, students must consider the economic problem that underlies the definition of economics; learn about the way economists specify economic choice; examine the production choices an entire economy faces, as demonstrated by the production possibilities model; and analyze the three basic economic questions and how various economic systems answer them.
Unit 2:
Economic Stakeholders
Students will consider the major organizational forms of business—sole proprietorships, partnerships, and corporations; learn about economic costs (explicit and implicit) of production and economic profit; analyze short-run (total, average, and marginal) products, and the law of diminishing marginal returns; derive short-run (total, average, and marginal) costs; and examine long-run results of production (increasing returns to scale, constant to scale, and decreasing to scale) and long-run costs in Unit 2.
Unit 3:
Self-Interest and Interdependence
Students will learn about the distribution of income among Canadian households, how this distribution is measured, and the factors underlying the distribution; consider the causes of poverty and the way poverty is measured; analyze the effectiveness of government intervention to change the distribution of income in this unit.
Unit 4:
Economic Institutions
In this unit, students will be introduced to the balance-of-payments accounts, which include the current account and the capital account; learn about exchange rates and how they are determined; examine exchange rate systems and their evolution.
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Frequently asked questions
What Are 4U Courses?
4U refers to the Grade level of the courses and the pathway. 4 means it is a grade 12 course and U means it is a university preparation course.
When do I start my course?
OAC has ongoing enrolment, which means students may register and get started on any day of the year! Students will be able to begin their courses within 24 hours, even when registration takes place on a weekend. Any registrations submitted on a statutory holiday will be processed the next day.
Do Online Alathena College credits fulfil the online learning requirement for graduation in Ontario?
The Ministry of Education defines online courses as Grade 9-12 e-Learning courses. Our Online OSSD credit course is delivered to students using an asynchronous model. The teacher provides individual support for student learning, includes student tasks, homework, online discussion boards, blogs, pre-recorded video lessons, tutorials, assignments, tests and other forms of assessment.
How long does it takes to complete a course?
Each course is completed at the student’s own pace, whether that means finishing quickly or taking advantage of our full 12-month time limit. There are no schedules or due dates to follow, so students decide when to hand in their assignments and when to take their tests to meet any personal deadlines they might have.
Do students require any additional resources (i.e., textbooks)?
Every student will need access to a desktop computer or laptop with high-speed internet and word processing software.All OAC course content is contained within our learning environment, so no textbooks are required. Any course-specific resources (i.e., calculators, software downloads, etc.) are listed on the individual course outline pages on our website.
Do Online Alathena College's OSSD courses count toward the Ontario Secondary School Diploma?
Absolutely! OAC is inspected by the Ontario Ministry of Education and qualified to issue Ontario Secondary School Diploma credits, which are the same credits earned by students in traditional public and private schools. To verify our status as an inspected private school, please visit the Ministry of Education Website. Our Ministry BSID# is 881704.
Are Online Alathena College credits recognized by colleges and universities?
After more than 15 years in operation, Online Alathena College has established a distinguished reputation among colleges and universities across Canada and around the world. Any post-secondary institution that accepts Ontario Secondary School Diploma (OSSD) credits will recognize credits from OAC. We always recommend contacting any potential post-secondary institutions directly to inquire about their admissions policies and program requirements.
Will Online Alathena College send grades to student's home school?
If a student attends another Ontario high school in addition to OAC, we maintain regular contact with the student’s home school as they progress through their course. We will provide updates at three key intervals: a letter of enrolment, a midterm report, and a final report. The student’s home school will then ensure that any credits earned at OAC are added to the student’s transcript.We provide these same updates (notification of enrolment, midterm grades, and final grades) to accounts within the Ontario Universities’ Application Centre (OUAC) and the Ontario College Application Service (OCAS) for any students applying to post-secondary institutions. OAC will also communicate directly with international and out-of-province colleges and universities when necessary.
Frequently asked questions
What Are 4M Courses?
4M refers to the Grade level of the courses and the pathway. 4 means it is a grade 12 course and M means it is a university or college preparation course.
When do I start my course?
OAC has ongoing enrolment, which means students may register and get started on any day of the year! Students will be able to begin their courses within 24 hours, even when registration takes place on a weekend. Any registrations submitted on a statutory holiday will be processed the next day.
How long does it takes to complete a course?
Each course is completed at the student’s own pace, whether that means finishing quickly or taking advantage of our full 12-month time limit. There are no schedules or due dates to follow, so students decide when to hand in their assignments and when to take their tests to meet any personal deadlines they might have.
Will Online Alathena College send grades to student's home school?
If a student attends another Ontario high school in addition to OAC, we maintain regular contact with the student’s home school as they progress through their course. We will provide updates at three key intervals: a letter of enrolment, a midterm report, and a final report. The student’s home school will then ensure that any credits earned at OAC are added to the student’s transcript.
We provide these same updates (notification of enrolment, midterm grades, and final grades) to accounts within the Ontario Universities’ Application Centre (OUAC) and the Ontario College Application Service (OCAS) for any students applying to post-secondary institutions. OAC will also communicate directly with international and out-of-province colleges and universities when necessary.
We provide these same updates (notification of enrolment, midterm grades, and final grades) to accounts within the Ontario Universities’ Application Centre (OUAC) and the Ontario College Application Service (OCAS) for any students applying to post-secondary institutions. OAC will also communicate directly with international and out-of-province colleges and universities when necessary.
Do students require any additional resources (i.e., textbooks)?
Every student will need access to a desktop computer or laptop with high-speed internet and word processing software.
All OAC course content is contained within our learning environment, so no textbooks are required. Any course-specific resources (i.e., calculators, software downloads, etc.) are listed on the individual course outline pages on our website.
All OAC course content is contained within our learning environment, so no textbooks are required. Any course-specific resources (i.e., calculators, software downloads, etc.) are listed on the individual course outline pages on our website.
Do Online Alathena College's OSSD courses count toward the Ontario Secondary School Diploma?
Absolutely! OAC is inspected by the Ontario Ministry of Education and qualified to issue Ontario Secondary School Diploma credits, which are the same credits earned by students in traditional public and private schools.
To verify our status as an inspected private school, please visit the Ministry of Education Website. Our Ministry BSID# is 881704.
To verify our status as an inspected private school, please visit the Ministry of Education Website. Our Ministry BSID# is 881704.
Are Online Alathena College credits recognized by colleges and universities?
After more than 15 years in operation, Online Alathena College has established a distinguished reputation among colleges and universities across Canada and around the world. Any post-secondary institution that accepts Ontario Secondary School Diploma (OSSD) credits will recognize credits from OAC. We always recommend contacting any potential post-secondary institutions directly to inquire about their admissions policies and program requirements.
Do Online Alathena College credits fulfil the online learning requirement for graduation in Ontario?
The Ministry of Education defines online courses as Grade 9-12 e-Learning courses. Our Online OSSD credit course is delivered to students using an asynchronous model. The teacher provides individual support for student learning, includes student tasks, homework, online discussion boards, blogs, pre-recorded video lessons, tutorials, assignments, tests and other forms of assessment.
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