The Management and Marketing course explores the nature and scope of business and examines its component parts. The course will discuss the different forms of business ownership, including sole proprietorships, partnerships, and corporations to describe how business is organized and managed. The course will provide an integrated and balanced coverage of the internal and external forces that comprise our business and economic system and the legal environment. Students will learn the importance of ethical decision-making and the effects that decisions have on organizations, consumers, and employees. The course also focuses on the study of the methods and institutions involved in the movement of goods and services from producers to customers. Marketing will enable students to understand the process, development, opportunities, and strategies in developing a marketing mix.
10th Grade: Business Finance Applications
Business Finance & Applications is an introductory course exploring important business financial concepts and applications and systems used to analyze them. Course content includes an in-depth understanding of financial accounting concepts and financial statement preparation and analysis, an understanding of US and international financial markets (interest rates, bond, and stock markets), the structure and functioning of US and international financial institutions and corporate financial management topics. The course will also explore areas of business applications: management decision-making tools and the application of the financial knowledge you have acquired in this and previous ABF courses. At the end of the year, students will have the opportunity to work in teams to create a comprehensive business plan.
11th Grade: IB Economics HL
IB Economics Higher Level is a two-year course required for students in the Academy for Business and Finance beginning in the 11th grade. The course covers four main content areas: Introduction to Economics, Microeconomics, Macroeconomics and Global Economy.
In the first year, students begin developing an understanding of economics as a social science and then move on to introductory concepts such as scarcity, choice, Production Possibilities Frontier, and rationing systems. Most of the time this year will be spent on microeconomic theory: markets, supply, demand, equilibrium price and quantity, price controls, elasticities, theory of the firm and market failure. Students will apply economic theory to current events and demonstrate their ability to evaluate current events using economic models. The entire course revolves around 9 fundamental concepts: Scarcity, Choice, Efficiency, Equity, Economic well-being, Sustainability, Change, Interdependence, and Intervention.
12th Grade: IB Economics HL
In year two, the focus is on Macroeconomics and the Global economy. There is a significant focus on applying the curriculum topics we cover to relevant world events. We will also practice IB assessments to prepare for the assessments that you will take at the end of the senior year. Students apply economic theory to current events and demonstrate their ability to evaluate current events using economic models. The entire course revolves around 9 fundamental concepts: Scarcity, Choice, Efficiency, Equity, Economic well-being, Sustainability, Change, Interdependence, and Intervention.
