Course outline · 2026-2027 · alinayang.ca Ontario Certified Teacher Rev. 2026.09

CIE3M — The Individual and the Economy, Grade 11, University/College Preparation

Grade 11 economics, built around the decisions a person actually makes: what is scarce, what it costs to choose, how a market settles on a price, and what to do with an income once there is one. Every class is paired with a short explainer and a Canadian news story from this year.

Course code CIE3M
Course name The Individual and the Economy, Grade 11, University/College Preparation
Credit value 1.0
Prerequisite Any Grade 10 or 11 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 Economic decision making and financial planning Sep 8 – Oct 8
  • Course outline; D2L walkthrough; diagnostic — what is economics?
  • Needs, wants, scarcity; the economic problem
  • Factors of production; the three economic questions
  • Opportunity cost and trade-offs
  • Production Possibilities Frontier (PPF)
  • The circular flow model
  • Demand: law, curve, and shifters
  • Supply: law, curve, and shifters
  • Market equilibrium; strengths and limits of models
  • Forms of business organization
  • Revenue, cost, profit; Canadian firm case study
  • Traditional, market, command, and mixed systems
  • Canada's mixed economy
  • How political values shape economic choices
  • Income and budgeting
  • Saving and investing basics
  • Credit, debt, and the cost of interest

17 classes · Test Wed, Oct 7

Practice

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 is economics?
Wed, Sep 9 Teaching Needs, wants, scarcity; the economic problem
Thu, Sep 10 Teaching Factors of production; the three economic questions
Fri, Sep 11 Teaching Opportunity cost and trade-offs
Mon, Sep 14 Teaching Production Possibilities Frontier (PPF)
Tue, Sep 15 Teaching The circular flow model
Wed, Sep 16 Teaching Demand: law, curve, and shifters
Thu, Sep 17 Teaching Supply: law, curve, and shifters
Fri, Sep 18 Teaching Market equilibrium; strengths and limits of models
Mon, Sep 21 Teaching Forms of business organization
Tue, Sep 22 Teaching Revenue, cost, profit; Canadian firm case study
Wed, Sep 23 Teaching Traditional, market, command, and mixed systems
Thu, Sep 24 Teaching Canada's mixed economy
Fri, Sep 25 Teaching How political values shape economic choices
Mon, Sep 28 Teaching Income and budgeting
Tue, Sep 29 Teaching Saving and investing basics
Wed, Sep 30 Teaching Credit, debt, and the cost of interest
Thu, Oct 1 Work period Unit 1 written task — launch, rubric, planning
Fri, Oct 2 Work period Unit 1 written task — work period
Mon, Oct 5 Work period Unit 1 written task — final work period
Tue, Oct 6 Review Unit 1 test review
Wed, Oct 7 Test Unit 1 Test
Thu, Oct 8 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 test, dated before the first class so studying can be planned ahead.

Date Type Covers
Wed, Oct 7 Test Unit 1 Test

Section 4 — Shape of the semester

Where the days go

23 days, allocated before the first class rather than discovered in December.

Day type Share Days
Teaching
17
Work periods
3
Review
1
Test
1
Buffer
1
Total 23

Alina Yang, OCT

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