Analysing Current Economic Issues

CIA4U explores the forces that shape economic decisions and public policy in Canada and the global marketplace.

Students investigate key economic concepts such as

• Scarcity
• Corporations,
• Supply and demand
• Fiscal policy,
• Trade
• Inequality
• Market structures

The course equips students with the tools to analyze current economic issues, interpret data, and evaluate real-world implications, making it ideal for learners interested in economics, politics, business, or social sciences.

Unit 1: Fundamentals of Economics
Students are introduced to core economic concepts and systems.
Lessons include:

• Economic Systems and Decision-Making
• Production Possibilities and Trade-offs
• Scarcity and Opportunity Cost
• Supply and Demand Models
• Factors of Production
• Economic Growth Benefits
• Externalities and Government Intervention
• Economic and Political Perspectives

Unit 2: Firms, Markets, and Stakeholders
This unit focuses on how businesses operate within different markets.
Lessons include:

• Types of Firms and Business Structures
• Market Structures (Perfect, Monopoly, Oligopoly)
• E-commerce and Technological Change
• Canada’s Mixed Economy
• Black Markets and Economic Trade-offs
• Cost-Benefit Analysis
• Income Inequality
• Workers’ Rights and Economic Roles

Unit 3: Macroeconomics and Public Policy
Students examine the broader economy and government influence.
Lessons include:

• Business Cycles and Economic Fluctuations
• Aggregate Supply and Demand
• Economic Indicators and Measurements
• Fiscal and Monetary Policy
• Bank of Canada and Policy Tools
• Canada’s Economic Structure and Priorities

Unit 4: Global Economics and Inequality
This unit explores international trade and global development.
Lessons include:

• Trade Theories and Exchange Rates
• Free vs. Fair Trade
• Globalization and Developing Economies
• Economic Challenges in Canada
• Global Economic Inequality

Unit 5: Final Evaluation
Students demonstrate their understanding through independent analysis.
Lessons include:

• Assignment (20%)
• Final Exam (10%)

• 70% of the final grade is based on coursework, including:
  • Economic simulations and case studies
  • Analytical essays and policy evaluations
  • Market structure comparisons and data interpretation
  • Participation in discussion forums and unit assignments
• 30% of the final grade is based on final evaluations:
  • 20% Culminating economic issue analysis or report
  • 10% Final exam covering micro and macroeconomic theory

All assessments follow Ontario curriculum standards and build essential skills in economic literacy, critical thinking, and policy evaluation.