CIE3M

The Individual and the Economy, Grade 11, University/College Preparation

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Curriculum policy

Course Description

This course explores issues and challenges facing the Canadian economy as well as the implications of various responses to them. Students will explore the economic role of firms, workers, and government as well as their own role as individual consumers and contributors, and how all of these roles contribute to stability and change in the Canadian economy. Students will apply the concepts of economic thinking and the economic inquiry process, including economic models, to investigate the impact of economic issues and decisions at the individual, regional, and national level.

#1 Introduction to Economics

In this unit, students will be introduced to the study of economics. Students will begin exploring economic inquiry and economic thinking in investigating current economic issues in Canada. Students will explore economic decision making and concepts of scarcity and choice including models that can be used to evaluate these choices. In addition, they will begin to explore the role of government and political entities in making economic decisions.

#2 Supply and Demand and the Market for Labour

In this unit, students will explore the market systems, organized and unorganized workers in Canada, employment patterns and trends, and causes and measures of economic inequality in Canada. Students will continue to develop transferable skills and continue to develop economic thinking as it applies to current issues of labour and employment in Canada.

#3 Financial Management and Business Organization

In this unit, students will explore and expand upon political and economic systems that were addressed in Unit 1. Students will also gain an opportunity to integrate personal financial decision-making into existing understandings of economic decision making. In addition, students will explore the role of cost-benefit analyses into personal financial decisions.

#4 Economic Stability in Canada

In this unit, students will explore how producers and consumers participate in the Canadian economy and ways that governments affect this participation. They will explore how the governments in Canada intervene in the economy and explain the roles, perspectives and influence of various economic citizens in Canada.

#5 Canada and the Global Economy

In this unit, students will explore the role of perspectives on scarcity and sustainability and assess their significance in Canada. Students will also weigh the trade-offs in decision making for governments and explore the criteria these governments use. Students will apply their new learning to current issues in economics and assess the impact of globalization including international trade and investment on the Canadian economy.

Frequently asked questions

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.

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.

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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