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Economics for Educators

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CPE Course # 20140008

Upcoming Session Dates

October 15, 2021 – November 12, 2021

Registration deadline for this session is October 8, 2021.  Payment must be received in the CIU 10 office on or before October 8, 2021. Late fee of $15.00 will be charged for payments received after October 8, 2021.

February 2, 2022 – March 1, 2022

Registration deadline for this session is January 26, 2022. Payment must be received in the CIU 10 office on or before January 26, 2022. Late fee of $15.00 will be charged for payments received after January 26, 2022.


Course Description

This on-line graduate level course is designed to provide educators with an in-depth exploration of the U.S. economic system and how they can use this knowledge not only when teaching social studies, but to implement cross-curricular lessons in all subject areas consistent with the Pennsylvania Academic Standards to increase students’ scores on state and local assessments, mainly the PSSAs and the Keystone Exams.  The instructor will present the material via Moodle through lectures, discussion boards, and a review of current historical and educational research.

This course, which lasts approximately 30 days, will be completed strictly online using the Moodle platform. The instructor for this course is Agolino Educational Services. Pending receipt of payment, participants will receive an email from Agolino Educational Services containing their log-on information the night before the course begins.

Participants who successfully complete all requirements of this course will earn Three (3) PDE Graduate Level Credits, equal to 90 Act 48 Hours.Participants will be able to:

  • define and explain the study of economics.
  • summarize the four factors or production.
  • identify the fundamental questions that all societies must answer.
  • analyze how economic systems answer the WHAT, HOW, and WHO questions.
  • describe the principles of the free enterprise system.
  • delineate the concept of specialization.
  • differentiate how the economic activities of consumers, business and government are related. 
  • synthesize how a market system functions.
  • conclude the economic goals of the United States.
  • analyze the forces that determine the price of a good or service (supply and demand), and how these two forces interact to establish “market price”.
  • compare how U.S. businesses, both large and small, organize to produce and sell their products.
  • identify the principal forms of businesses – sole proprietorships, partnerships and corporations – and the advantages and disadvantages of each.
  • distinguish the basic principles of business finance.
  • describe how increasing productivity and the ever-increasing production of goods and services have enabled the U.S. economy to become the wealthiest nation in the world.
  • explain how business firms organize for production in order to maximize production, productivity, and profits.
  • evaluate the range of situations between “perfect competition” and “monopoly”.
  • compare and contrast the types of business combinations (past and present).
  • examine laws that regulate business combinations and encourage competition.
  • justify some of the pros and cons of big business today.
  • discover the role of the labor force in the U.S. economy.
  • review the role of labor unions in the U.S. economy.
  • illustrate how to prepare a financial plan to enable individuals to make the best use of their financial resources.
  • determine how to be a “wise buyer”.
  • identify the principles of personal risk management.
  • analyze the economic role of government in the U.S. economy.
  • review the functions of taxation.
  • summarize the role of money in our economy.
  • analyze the role of banks and banking in our economy.
  • demonstrate the role of the Federal Reserve System in the U.S. economy.
  • describe why fluctuations in the business cycle occur in the U.S. economy.
  • determine how economists manage the U.S. economy, both from a monetary policy and a fiscal policy perspective.
  • compare the aspects of economic growth.
  • distinguish the principles of international trade.
  • verify how the United States finances international trade.
  • investigate other types of economic systems that are used throughout the world.

Graduate Level Requirement

Act 48 requires 42 hours of instruction plus 48 hours of out-of-class activity including a course project. Participants’ out-of-class assignments include but are not limited to:

  • complete activities that incorporate the Pennsylvania Core Standards.
  • complete a final examination assessing their knowledge and application of course content.
  • create a research project presentation that will elaborate on “Maker of Economic Thought”.