CIA4U — Analysing Current Economic Issues, Grade 12, University Preparation
Grade 12 economics, taught as inquiry: take a live Canadian issue — a tariff, a pipeline, a minimum-wage change — and work out what the economics actually says about it. Every class is paired with a short explainer and a current news story to argue with.
| Course code | CIA4U |
|---|---|
| Course name | Analysing Current Economic Issues, Grade 12, University Preparation |
| Credit value | 1.0 |
| Prerequisite | Any university or university/college preparation course in Canadian and world studies, English, or social sciences and humanities |
| Instructor | Alina Yang, OCT |
| School | Lester B. Pearson C.I. · Toronto District School Board |
| School year | 2026–2027 · Semester 1 |
| Curriculum | The Ontario Curriculum, Grades 11 and 12: Canadian and World Studies |
Section 1 — Units of study
What the course covers
Unit 1 as it is planned, class by class. Open it for the topics and for every video, news story and documentary I use along the way — all of them public, so anyone can watch ahead or catch up.
Unit 1 Fundamentals of Economics Sep 8 – Oct 9
- Course outline; D2L walkthrough; diagnostic — what makes an issue an economic issue?
- Doing economics; needs and wants; netiquette
- The inquiry process; asking good economic questions (pipeline case)
- Concepts of economic thinking; citing sources; note taking
- City budget simulation; scarcity as the basic economic problem
- Opportunity cost; scarcity and financial literacy
- Production possibilities curve (PPC): graphing and practice
- Economic thought; economic systems: command, mixed, market
- Political and economic spectrum; how perspective shapes policy
- Carbon tax debate: political perspectives and the economists
- Price headlines: cause and effect; graphing demand and supply
- Demand shifters; change in demand vs. change in quantity demanded
- Supply shifters; new equilibrium; the impact of a tax
- Elasticity: concept, formula, and calculation
- Price floors and ceilings; minimum wage debate
- Factors of production: land, labour, capital
- Externalities: positive and negative; who bears the cost?
- Analysing costs and benefits: jobs vs. the environment article
18 classes · Quiz Thu, Oct 8
Practice
- Intro to Economics: Crash Course Econ #1 Video · CrashCourse · 12:09
- Trump banning import of Canadian booze, motorcycles, other goods into U.S. Article · CBC News
- Introduction to Economics | Marginal Revolution University (MRU) Video · Marginal Revolution University · 3:32
- What is Keystone XL—and why does Trump want to bring it back to life? Article · Global News
- Tyler Cowen's Idea #2: Incentives Matter Video · Marginal Revolution University · 5:40
- The U.S. is considering a federal tax incentive for films. How might that affect Canada? Article · CBC News
- There is No Such Thing as a Free Lunch - Economic Lowdown Video · Federal Reserve Bank of St. Louis · 5:14
- 20.2% property tax increase required if Calgary funds all 2027 budget requests Article · Global News
- The HIDDEN COSTS of Every Decision You Make! Video · Two Cents (PBS Digital Studios) · 6:44
- City of Winnipeg on track for $29M deficit for 2026, June figures show Article · CBC News
- (1/3) The Production Possibilities Frontier – Economic Lowdown Video · Federal Reserve Bank of St. Louis · 5:14
- Opinion: Defence spending is surging. It's unaffordable and won't last Article · The Globe and Mail
- Economic Systems and Macroeconomics: Crash Course Economics #3 Video · CrashCourse · 10:18
- Cuban lawmakers approve sweeping reforms to privatize vast swath of economy Article · CBC News (Thomson Reuters)
- Political Ideology: Crash Course Government and Politics #35 Video · CrashCourse · 8:47
- Carney is 'fast-tracking corporate Canada's wish list' in trade war: NDP leader Article · CBC News
- Environmental Econ: Crash Course Economics #22 Video · CrashCourse · 8:23
- Alberta energy deal does little to reduce Canada's emissions: report Article · Global News (The Canadian Press)
- Supply and Demand: Crash Course Economics #4 Video · CrashCourse · 10:22
- Inflation rate rose to 3% in July as gas prices climbed again Article · CBC News
- What Shifts the Demand Curve? Video · Marginal Revolution University · 9:53
- How immigration changes are contributing to B.C.'s housing market slowdown Article · CBC News
- Tax Incidence Explained with Supply and Demand Video · Marginal Revolution University · 10:31
- Canada's new tariffs: Are small businesses 'cannon fodder' in the trade war? Article · CBC News
- Elasticity of Demand Video · Marginal Revolution University · 13:36
- Feeling sticker shock over Canadian beef? Here's why, and what's being done about it Article · CBC News
- Price Floors: The Minimum Wage Video · Marginal Revolution University · 9:46
- Ontario's minimum wage is going up. Here's what you need to know Article · CBC News
- Factors of Production | Economics Explained Video · Federal Reserve Bank of St. Louis · 5:40
- Canada lost 42,000 jobs in August, surprising economists Article · CBC News
- An Introduction to Externalities Video · Marginal Revolution University · 12:15
- LNG Canada CEO responds to Kitimat flaring concerns as critics warn of health impacts Article · CBC News
- Cost-Benefit Analysis- Micro Topic 1.5 Video · Jacob Clifford · 7:20
- Work starts on 2nd road to Ring of Fire mineral deposit in northwest Ontario Article · CBC News
- The Money Pipeline: TransCanada and Keystone XL (The Fifth Estate) Documentary · CBC The Fifth Estate (CBC Player; also on the fifth estate YouTube channel, https://www.youtube.com/watch?v=CVxCyXjPyjw, 41:50 cut, Canada only) · 45:43
- Commanding Heights: The Battle for the World Economy - Episode One: The Battle of Ideas Documentary · PBS / WGBH (official upload on author Daniel Yergin's YouTube channel; chapter breakdown on pbs.org) · 1:56:49
- FRONTLINE: The Power of Big Oil (Part Two: Doubt) Documentary · PBS (free on pbs.org) · 54:52
- Marketplace: Grocery Gridlock Documentary · CBC News (Marketplace), free on CBC.ca player / CBC Gem · 22:30
- Canada's Rings of Fire (Witness) Documentary · Al Jazeera English (official YouTube channel) · 47:16
Section 2 — Day by day
The plan, class by class
What happens on each date, so a class that was missed can be picked up without asking.
| Date | Type | Topic |
|---|---|---|
| Tue, Sep 8 | Teaching | Course outline; D2L walkthrough; diagnostic — what makes an issue an economic issue? |
| Wed, Sep 9 | Teaching | Doing economics; needs and wants; netiquette |
| Thu, Sep 10 | Teaching | The inquiry process; asking good economic questions (pipeline case) |
| Fri, Sep 11 | Teaching | Concepts of economic thinking; citing sources; note taking |
| Mon, Sep 14 | Teaching | City budget simulation; scarcity as the basic economic problem |
| Tue, Sep 15 | Teaching | Opportunity cost; scarcity and financial literacy |
| Wed, Sep 16 | Teaching | Production possibilities curve (PPC): graphing and practice |
| Thu, Sep 17 | Teaching | Economic thought; economic systems: command, mixed, market |
| Fri, Sep 18 | Teaching | Political and economic spectrum; how perspective shapes policy |
| Mon, Sep 21 | Teaching | Carbon tax debate: political perspectives and the economists |
| Tue, Sep 22 | Teaching | Price headlines: cause and effect; graphing demand and supply |
| Wed, Sep 23 | Teaching | Demand shifters; change in demand vs. change in quantity demanded |
| Thu, Sep 24 | Teaching | Supply shifters; new equilibrium; the impact of a tax |
| Fri, Sep 25 | Teaching | Elasticity: concept, formula, and calculation |
| Mon, Sep 28 | Teaching | Price floors and ceilings; minimum wage debate |
| Tue, Sep 29 | Teaching | Factors of production: land, labour, capital |
| Wed, Sep 30 | Teaching | Externalities: positive and negative; who bears the cost? |
| Thu, Oct 1 | Teaching | Analysing costs and benefits: jobs vs. the environment article |
| Fri, Oct 2 | Work period | Unit 1 summative — launch: magazine article analysis + economic systems infographic; rubric; article selection |
| Mon, Oct 5 | Work period | Unit 1 summative — work period: article analysis draft with graph |
| Tue, Oct 6 | Work period | Unit 1 summative — final work period: infographic |
| Wed, Oct 7 | Review | Unit 1 quiz review |
| Thu, Oct 8 | Quiz | Unit 1 Quiz |
| Fri, Oct 9 | Buffer | Buffer / catch-up day |
Unit 1 only. The later units are added to this page as I finish planning them, rather than sketched in now.
Section 3 — Assessment calendar
Every quiz and test date
One quiz, dated before the first class so studying can be planned ahead.
| Date | Type | Covers |
|---|---|---|
| Thu, Oct 8 | Quiz | Unit 1 Quiz |
Section 4 — Shape of the semester
Where the days go
24 days, allocated before the first class rather than discovered in December.
| Day type | Share | Days |
|---|---|---|
| Teaching | 18 | |
| Work periods | 3 | |
| Review | 1 | |
| Quiz | 1 | |
| Buffer | 1 | |
| Total | 24 |
Alina Yang, OCT