Curriculum Coordinator and Learning Strategist
Dr. Karen McCloskey
MA, PhD, QM Quality Matters
CIE3M
Grade 11
University Preparation

The Individual and the Economy

Find additional course details below, including delivery format, course availability, course duration, prerequisite, tuition fee, hardware/software requirements, etc.

CIE3M
Grade 11
University Preparation

The Individual and the Economy

Find additional course details below, including delivery format, course availability, course duration, prerequisite, tuition fee, hardware/software requirements, etc.

Course Code

CIE3M

Course Name

The Individual and the Economy

Grade

Grade 11

Course Type

University Preparation

Format

Asynchronous Delivery

Prerequisite

Canadian History since World War I, Grade 10, Academic or Applied

Tuition Fee

$500.00

Course Duration

At Your Own Pace (4 weeks to 12 months)

Credit Value

1.0

Availability

Start Anytime

Course Reviser/Developer

Dr. Karen McCloskey

Latest Revision Date

August 2024
This course explores issues and challenges facing the Canadian economy as well as the implications of various responses to them. Students will explore the economic role of firms, workers, and government as well as their own role as individual consumers and contributors, and how all of these roles contribute to stability and change in the Canadian economy. Students will apply the concepts of economic thinking and the economic inquiry process, including economic models, to investigate the impact of economic issues and decisions at the individual, regional, and national level.

Prerequisite: Canadian History since World War I, Grade 10, Academic or Applied
Outlined below is a description of each unit, including what students will learn and the recommended hours for completion.
Unit Title & Description
Time Allocated
Unit 1: Kickstart Your Economic Journey

Students will begin by exploring the foundations of economic inquiry. Activities include identifying economic issues in Canada, gathering data, assessing sources, and communicating findings.
14 Hours
Unit 2: Choices, Costs, and Cash: Navigating Economic Models

This unit delves into scarcity, opportunity costs, and economic models. Students will use cost-benefit analysis and other models to make economic decisions.
12 Hours
Unit 3: Power Plays: Understanding Politics and Economics

Explore how different political and economic systems make decisions and address economic challenges. Students will analyze the influence of political values on economic decisions and compare income inequality responses.
13 Hours
Unit 4: Markets in Motion: Jobs, Goods, and the Economy

Analyze market systems, worker roles, and employment patterns. Students will explore supply and demand models, market stakeholders, and employment trends.
12 Hours
Unit 5: Money Matters: Financial Planning and Economic Citizenship

This unit covers personal financial planning principles and economic citizenship, including rights and responsibilities. Students will explore financial institutions, debt management, and the role of citizens in the economy.
14 Hours
Unit 6: Challenges and Change: Government’s Economic Role

Examine economic inequality, government intervention, and taxation in Canada. Students will analyze how different government policies address economic challenges and the impact on citizens.
13 Hours
Unit 7: Global Impact: The Economy Beyond Borders

Investigate the impact of globalization on the Canadian economy and explore issues related to scarcity and sustainability. Students will assess foreign trade, environmental concerns, and the global market.
14 Hours
Unit 8: Your Economic Portfolio and Final Exam: Showcase Your Mastery

Students will compile a portfolio of their work throughout the course, review and reflect on their learning. They will also complete a two-hour final exam that assesses their overall understanding of key concepts covered in the course.
18 Hours
Final Exam
Comprehensive assessment of all specific expectations covered in the course. Activities and Assessments: Cumulative final exam to assess overall understanding and application of course concepts.
20 Hours
Total Hours
120 Hours
“At Royal Ontario Academy, our asynchronous, self-paced courses are crafted to engage students actively, encouraging deep learning and self-reflection. Our online OSSD courses are normally divided into 8-10 smaller sections to help students learn content in manageable portions. Lessons connect concepts to practical, relatable social, environmental, and economic issues, fostering lifelong learning by helping students apply knowledge to real-life contexts.

Students are encouraged to explore, investigate, and think critically as they progress independently. This approach emphasizes problem-solving skills, guiding students to persist through challenges, reason through complex ideas, and explore alternative solutions on their own, building resilience and independence essential for success beyond the classroom.

Our virtual high school courses provide a variety of learning experiences through virtual labs, simulations, knowledge checks, reflections, and videos. Interactive activities and discussion forums are designed to draw on students prior knowledge, keeping them engaged and actively participating. These tools enable OSSD students to practice, reflect, and apply concepts flexibly at their own pace, creating a personalized learning journey tailored to each students’ interests and goals.

A wide variety of assessment and evaluation tools will be used to earn credits towards the Ontario Secondary School Diploma at Royal Ontario Academy including quizzes, tests, projects, essays, journals, and final assessments.
The final exam is a closed book, online test that is proctored and has a time limit. Students may also be required to appear on video for other assessments in certain courses.

All OSSD courses follow a simple evaluation breakdown at our virtual high school:
70% of the grade will be based on evaluations conducted throughout the online course. The remaining 30% of the grade will be based on a final evaluation or exam. This may be a final exam, a final project/report, or a combination of both an exam and a project.

Students will receive two reports per course:
  • First Mid Term Report: Reflects achievement and development after the first 4 Units.

  • Final Report: Reflects overall achievement and development for the entire course.


According to Growing Success First Edition, Grades 1 to 12, 2010, the primary purpose of assessment and evaluation is to improve student learning. To ensure that assessment, evaluation, and reporting are valid and reliable, and that they lead to the improvement of learning for all students, Royal Ontario Academy teachers use practices and procedures that:
  • are fair, transparent, and equitable for all students;
  • support all students, including those with special education needs, those who are learning the language of instruction (English or French), and those who are First Nation, Métis, or Inuit;
  • are carefully planned to relate to the curriculum expectations and learning goals and, as much as possible, to the interests, learning styles and preferences, needs, and experiences of all students;
  • are communicated clearly to students and parents at the beginning of the school year or course and at other appropriate points throughout the school year or course;
  • are ongoing, varied in nature, and administered over a period of time to provide multiple opportunities for students to demonstrate the full range of their learning;
  • provide ongoing descriptive feedback that is clear, specific, meaningful, and timely to support improved learning and achievement;
  • develop students’ self-assessment skills to enable them to assess their own learning, set specific goals, and plan next steps for their learning.

At Royal Ontario Academy, we believe that all OSSD students can benefit from a more accommodating online learning experience Accommodations allow for increased access to the course, without any changes to the knowledge and skills the student is expected to demonstrate.

An Individual Education Plan (IEP)is a personalized document that outlines a students’ learning needs, as well as the accommodations or services they require to succeed in their courses. At Royal Ontario Academy, our flexible online learning environment already addresses many common accommodation needs, but if a student requires additional support, our Principal is ready to help you!

Students with Existing IEP: If a student has an existing IEP from another elementary or secondary school, Royal Ontario Academy can implement the listed accommodations, provided they are applicable within our online learning environment. To do so, a copy of the students’ IEP must be submitted to our Principal for review.
Students Without IEP: If a student requires accommodations but does not currently have an IEP, our Principal will work with the student to assess their learning needs and develop a path forward. In this case, students will need to submit supporting documentation to help determine the appropriate accommodations.
English Language Learners:– English Language Learners: Students who enroll at Royal Ontario Academy can provide information about their English language proficiency during the registration process. This information helps our teachers and Principal to tailor their teaching strategies and implement accommodations that support English language learners effectively.

For students and parents wishing to submit IEP documentation or request accommodations, please contact our Principal at info@royalontarioacademy.com
Students Should Have Access To:

  • Microphone: Necessary for any audio input, although not explicitly required in the unit activities.
  • Google Docs or similar: Essential for creating and submitting reports, projects, and written assignments.
  • Google Slides or similar: Not for live presentations, but could be useful for creating visual aids or digital portfolios if needed.
1. What is CIE3M?
CIE3M is a Grade 11 The Individual and the Economy course at University Preparation level.

2. What are 3M – (eg: 3M in AWQ3M (CIE3M))
3M for the CIE3M refers to the grade level and the course type. 3 refers to the 9th Grade and the second digit refers to the University Preparation course type.

3. What is the prerequisite for CIE3M?
The prerequisite for The Individual and the Economy is Issues in Canadian Geography, Grade 9, Academic or Applied

4. How long does it take to complete the CIE3M online course?
The completion of the CIE3M course varies depending on the availability and pace of each student. However, the course can be completed in minimum of 4 weeks to maximum of 12 months.

5. Will my marks be sent directly to OUAC or OCAS?
Yes. We can send your CIE3M online course marks to OUAC (Ontario University’ Application Centre) or OCAS (Ontario College Application Service).

6. How lessons are delivered for the CIE3M?
At Royal Ontario Academy, course learning is asynchronously delivered for the CIE3M in various formats such as videos, question and answers, interactive tools, written notes, simulations, presentations, and external websites/links depending on the subject material of the course.

7. What is the withdrawal policy?
For students registered in Grade 9 and 10 courses, withdrawals can be made at any time and are not recorded on the Ontario Student Transcript (OST).
For students registered in Grade 11 and 12 courses, withdrawals made within 5 days of the issuance of the first (mid-term) report card from Royal Ontario Academy will result in the mark not being recorded on the Ontario Student Transcript (OST). Withdrawals after 5 days of the issuance of the first (mid term) report card will result in a “”W”” being entered in the “”Credit”” column of the OST, along with the mark at the time of withdrawal.

8. What is the due date of my course?
Since your course is self-paced, there are no set due dates, allowing you to progress at your own speed. However, please be mindful of any deadlines for university or college applications.

9. Can I earn my OSSD (Ontario secondary school diploma) credits through online courses?
Yes, you can earn your Ontario Secondary School Diploma (OSSD) credits fully online through Royal Ontario Academy. To earn OSSD credits, you will need to complete 30 credits (18 compulsory and 12 optional), pass the Ontario Secondary School Literacy Test, and fulfill 40 hours of community involvement.

Price Detail

$500

/ 1 Course

$800

/ 2 Course

$1050

/ 3 Course

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Have questions or need more information? Our team is here to help. Contact us today to learn more about our programs, services, and how Royal Ontario Academy can help you achieve your academic goals.

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