Spring 2015 Week 19: May 18-22
Final Key Terms Review Sheet
Final Study Guide
Standard 2: Economic policies affect markets
Evidence Outcome b. Recognize the interaction between foreign and domestic economic policies. Topics to include but not limited to: embargoes, tariffs, and subsidies
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MONDAY
-Supply Chain Prsentations TUESDAY -Final Review WEDNESDAY -Multiple Choice Final THURSDAY -Fun Day FRIDAY No School |
Spring 2014 Week 18: May 11-15
Personal Financial Literacy
Standard 2: Economic policies affect markets
Evidence Outcome b. Recognize the interaction between foreign and domestic economic policies. Topics to include but not limited to: embargoes, tariffs, and subsidies ADDITIONAL RESOURCES: -We the Economy: Made by China in America -We the Economy: Supply Chain Reaction -We the Economy: City On the Rise? -17.2 Read and Outline |
MONDAY
-PFL Gallery Walk Part 2 TUESDAY -Present Kick-Starter Innovations WEDNESDAY -Is Globalization Positive or Negative? THURSDAY -Is Globalization Positive or Negative? FRIDAY -Supply Chain |
Spring 2014 Week 17: May 4-8
Personal Financial Literacy
Standard 4: Design, analyze and apply a financial plan including budget bases on short and long term goals.
Evidence Outcome a: Develop a financial plan including a budget based on short and long term goals b: Analyze financial information for accuracy, relevance and steps for identity protection Standard 6: The components of personal credit to manage credit and debt (PFL) Evidence Outcomes: a: Analyze various lending sources, services, and financial institutions b: Investigate legal and personal responsibilities affecting lenders and borrowers c: Make connections between building and maintaining a credit history and its impact on life style Standard 5: Analyze strategic spending, saving, and investment options to achieve the objectives of diversification, liquidity, income and growth Evidence Outcomes: a. Compare and contrast the variety of investments available for a diversified portfolio b. Evaluate factors to consider when managing savings and investment accounts c. Explain how economic cycles affect personal financial decisions d. Describe the appropriate types of investments to achieve the objectives of liquidity, income and growth |
MONDAY
-PFL Gallery Walk Part 1 TUESDAY PARCC Testing WEDNESDAY -PFL Gallery Walk Part 1 THURSDAY -Entrepreneur Lesson FRIDAY -PFL Gallery Walk Part 2 |
Spring 2015 Week 16: April 27-May 1
Globalization
ADDITIONAL RESOURCES: -Watch We the Economy: The Street -11.1 read and outline (Saving and Investment) review graphic organizer and quizlet -11.2 read and outline (Investing in a Market Economy) -11.3 read and outline (Buying and Selling Stocks) -11.4 read and outline (Bonds and Other Financial Instruments) -Simulation Page 347 -Watch "The Federal Reserve" and answer questions -Watch Monetary Policy and answer questions
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MONDAY
-"What Makes Money Money?" -Bitcoin Research TUESDAY -Bitcoin Research WEDNESDAY -Bitcoin Research THURSDAY -Bitcoin Research Presentations -2.3 Identity Theft -Create a skit that addresses one of the following: prevention, ways it happens, how to notice it, how to fix it. FRIDAY -No School |
Spring 2015 Week 15: April 20-24
Monetary Policy
Standard 2: Economic policies affect markets
Evidence Outcomes a: Analyze how government activities influence the economy. Topics to include but not limited to: taxation, monetary policy, and the Federal Reserve f. Compare and contrast monetary and fiscal policies of the US government that are used to stabilize the economy ADDITIONAL SOURCES: -Read and annotate "The Fed's Faulty 1937 Excuse" |
MONDAY
-Watch "That Film About Money Part l" -Read "Serving the Federal Government & Creating Money" pp.482-485 TUESDAY -Review Questions and 10.3 -Listen to This American Life "The Invention of Money" The Island of Stone Money -Watch "That Film About Money Part ll" -Read and complete guide 16.3 WEDNESDAY -Banker Visit THURSDAY -Reteach/Quiz 16.3 -The Federal Reserve System and Its Tools -Listen to This American Life "The Invention of Money" Weekend at Bernankes FRIDAY -Read and complete guide 16.4 -Simulation "Federal Reserve and Monetary Policy" -Reteach/Quiz 16.4 -Listen to This American Life "The Invention of Money" The Lie That Saved Brazil |
Spring 2015 Week 14: April 13-17
Personal Financial Literacy
Standard 5: Analyze strategic spending, saving, and investment options to achieve the objectives of diversification, liquidity, income and growth
Evidence Outcomes: a. Compare and contrast the variety of investments available for a diversified portfolio b. Evaluate factors to consider when managing savings and investment accounts c. Explain how economic cycles affect personal financial decisions d. Describe the appropriate types of investments to achieve the objectives of liquidity, income and growth |
MONDAY
-No school:-) TUESDAY -Financial Peace for the Next Generation WEDNESDAY -Financial Peace for the Next Generation THURSDAY -Financial Peace for the Next Generation FRIDAY -Financial Peace for the Next Generation |
Spring 2015 Week 13: April 6-10
The Role of Government in the Economy
Chapter 16: The Federal Reserve and Monetary Policy
Standard 2: Economic policies affect markets
Evidence Outcomes a: Analyze how government activities influence the economy. Topics to include but not limited to: taxation, monetary policy, and the Federal Reserve f. Compare and contrast monetary and fiscal policies of the US government that are used to stabilize the economy ADDITIONAL RESOURCES -Case Study "Is the Federal Deficit Too Large?" -Watch "What Causes a Recession?" -Watch "The Federal Reserve In Plain English"
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MONDAY
-15.3 Reteach and Quiz -Supply Side v Demand Side Poster -Review Chapter 15 TUESDAY -Chapter 15 Test -Federal Deficit Down -Chapter 16 Pre-assessment WEDNESDAY -Watch "Fed Head" -Federal Reserve Research Project THURSDAY -Realtor visit -Federal Reserve Research Project FRIDAY -Federal Reserve Research Project -Fractional Reserve Banking |
Spring 2015 Week 12 : March 30-April 3
Chapter 15: Using Fiscal Policy
Standard 2: Economic policies affect markets
Evidence Outcomes a: Analyze how government activities influence the economy. Topics to include but not limited to: taxation, monetary policy, and the Federal Reserve ADDITIONAL RESOURCES: -Case Study "Is the Federal Deficit Too Large?" --"A Dangerous Legacy"
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MONDAY
-Chapter 14 Retake (open-book) -Read 12. 2 and complete 12.2 Business Cycles TUESDAY -Chapter 15 Pre-Assessment -Read 15.1 and complete outline/ assessment -Watch "Recession" -Watch "What is A Recession?" WEDNESDAY -15.1 Reteach/ Quiz -Read 15.2 and complete outline/ assessment -Watch "The Great Depression and Keynesian Economics" THURSDAY -Review 15.2 assessment -15.2 Reteach and create poster. -15.2 Quiz -Watch "Amazing Animated Film on the Debt and Deficit" -Fiscal Policy: A Two Act Play FRIDAY -Read 15.3 and complete outline/ assessment -Fiscal Policy: A Two Act Play -Watch "The Great Depression and Keynesian Economics" |
Spring 2015 Week 11 March 16-20
Chapter 14: Government Revenue and Spending /PFL Taxes
Standard 3: Understand the allocation of scarce resources in societies through analysis of individual choice, market interaction, and public policy
Evidence Outcome d: Compare and contrast different types of taxing. Topics to include but not limited to progressive, regressive, and proportional taxes Standard 4: Design, analyze and apply a financial plan based on short and long term goals (PFL) Evidence Outcome c: Describe factors affecting take-home pay Evidence Outcome d: Identify sources of personal income and likely deductions and expenditures as a basis for a financial plan Evidence Outcome e: Describe legal and ethical responsibilities regarding tax liabilities
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MONDAY
-Chapter 14 Preassessment -Watch "Your Tax Dollars at Work" -Read 14.1 and complete outline -Complete 14.1 assessment questions (1,2,3,5,7 & 8) -Taxes: Is the Progressive Tax Fair? TUESDAY -Reteach 14.1 -14.1 Quiz -Watch "Taxation Nation" -Read 14.2 and complete outline -14.2 Assessment Questions 1-5 and 7-10 -Taxes: Is the Progressive Tax Fair? WEDNESDAY -Interpreting Taxes on a Paycheck -Reteach 14.2 -14.2 Quiz -Read 14.3 and complete outline -14.3 Assessment Questions THURSDAY -Reteach 14.3 -14.3 Quiz -Preparing a 1040 EZ -Tax Schedule -Develop a Federal Budget p.443 FRIDAY -Budget Explained -Chapter 14 Test |
Spring 2015 Week 10: March 9-13
Chapter 7: Market Structure
Market Structure Lesson
-Standard 3: Understand the allocation of scarce resources in societies through analysis of individual choice, market interaction, and public policy -Evidence Outcome B: Analyze the role of competition within different market structures. Topics to include but not limited to pure competition, monopolistic competition, oligopoly, and monopoly Economic Analyst Simulation -Standard 2: Economic policies affect markets -Evidence Outcome b: Recognize the interaction between foreign and domestic economic policies ADDITIONAL RESOURCES -Economic Analyst Simulation -Market Structure Review -To Merge or Not to Merge? Simulation -Innovation Continues to Drive Market Competition -Nobel Prize Economics. Watch video and read article. Discuss how Jean Tirole's work relates to our Market Structure lessons.
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MONDAY
-Chapter 7 Pre-Assessment -Read 7.1 and create Ch. Survey -7.1 Assessment questions -Will Deregulation Ultimately Lead to Big Box Banks? TUESDAY -7.1 Reteach -7.1 Quiz -Watch "Monopoly" -Read 7.2 and complete outline -7.2 Assessment questions -Read and discuss "Monopolizing Beer" WEDNESDAY -7.2 Reteach -7.2 Quiz -Read 7.3 and create Ch. Survey -7.3 Assessment questions -Monopoly and Competition Simulation THURSDAY -7.3 Reteach -7.3 Quiz -Watch "Lemonade War" -Read 7.4 and complete outline -7.4 Assessment questions -Market Structure Candy Simulation FRIDAY -7.4 Reteach -Chapter 7 Assessment -Chapter 7 Exam |
Spring 2015 Week 9: March 2-6
Market Failures/Supply & Demand
Standard 3: Understand the allocation of scarce resources in societies through analysis of individual choice, market interaction, and public policy
Evidence Outcome b: Analyze the role of competition within different market structures. Topics to include but not limited to pure competition, monopolistic competition, oligopoly, and monopoly ADDITIONAL RESOURCES -Why the Price of Filling Up Has Been Going Down -Market Failure -Market Failure video |
MONDAY
-Read 3.3 (pp. 84-91) & complete Ch. Survey -Complete "3.3 Vocab. Review " -3.3 assessment questions (collaborative) -Understanding How Economist Use Negative Numbers TUESDAY -Watch "Externalities: When a Potato Chip is Not Just a Potato Chip" -Watch "Playing Without Protection: Solving Football’s Concussion Crisis" -3.3 Quiz -Supply and Demand: Lessons from Toy Fads -Read 4.1 & complete Ch. Survey WEDNESDAY -Watch "Supply and Dance Man" -4.1 assessment questions (collaborative) - "What is Demand" - Demand for a New Source of Liquid Fuel -Ford Motor's Bold New Move THURSDAY -Indiana Jones demand & supply -Read 5.1 & complete Ch. Survey -5.1 assessment questions (collaborative) -What is Supply -Penelope, Archie and REMI FRIDAY -Supply & Demand Quiz -Scholastic "Pumped Up" |
Spring 2015 Week 8: February 23-27
Literacy Design Curriculum Research Paper
Objective: Analyze the role of government within different economies. Topics to include but not limited to command socialism, communism, and market capitalism. Compare and contrast economic systems in terms of their ability to achieve economic goals
Essential Questions: What are the features of an ideal mixed economy? After reading informational texts, editorials, and an interactive info-graphic write an essay that compares the characteristics of market and command economies and argues what combination of characteristics would be most effective for the United States today . Be sure to support your position with evidence from the texts. Standard 1: Productive resources – natural, human, capital – are scarce; therefore, choices are made about how individuals, businesses, governments, and societies allocate these resources Students can: 1) Analyze the relationships between economic goals and the allocation of scarce resources 2) Explain how economic choices by individuals, businesses, governments, and societies incur opportunity costs Standard 2: Economic policies affect markets Students can: 1) Give examples of the role of government in a market economic system 2) Analyze how positive and negative incentives influence the economic choices made by individuals, households, businesses, governments, and societies |
MONDAY
-Schoology.com code # ZMWZ7-D99ZN -Snow Day TUESDAY -Schoology.com code # ZMWZ7-D99ZN -TSCD mini lesson -Task 8 Review sample essays WEDNESDAY -Schoology.com code # ZMWZ7-D99ZN -Task 9 Develop Outline THURSDAY -Schoology.com code # ZMWZ7-D99ZN -Task 10 Rough Draft FRIDAY -Schoology.com code # ZMWZ7-D99ZN -Task 11 Peer Editing Rough Draft HOMEWORK: Due Monday: Print out final draft round 1 |
Spring 2015 Week 7: February 16-20
Literacy Design Curriculum Research Paper
Objective: Analyze the role of government within different economies. Topics to include but not limited to command socialism, communism, and market capitalism. Compare and contrast economic systems in terms of their ability to achieve economic goals
Essential Questions: What are the features of an ideal mixed economy? After reading informational texts, editorials, and an interactive info-graphic write an essay that compares the characteristics of market and command economies and argues what combination of characteristics would be most effective for the United States today . Be sure to support your position with evidence from the texts. Standard 1: Productive resources – natural, human, capital – are scarce; therefore, choices are made about how individuals, businesses, governments, and societies allocate these resources Students can: 1) Analyze the relationships between economic goals and the allocation of scarce resources 2) Explain how economic choices by individuals, businesses, governments, and societies incur opportunity costs Standard 2: Economic policies affect markets Students can: 1) Give examples of the role of government in a market economic system 2) Analyze how positive and negative incentives influence the economic choices made by individuals, households, businesses, governments, and societies |
MONDAY
-No School TUESDAY -Schoology.com code # ZMWZ7-D99ZN -Socratic Seminar Minimum Wage -Task 5 Step 1 Reading Strategies -Task 5 Step 2 Summarizing WEDNESDAY -Schoology.com code # ZMWZ7-D99ZN -Task 5 Step 3 Easybib -Task 6 Note Annotation THURSDAY -Schoology.com code # ZMWZ7-D99ZN -Task 6 Note Annotation FRIDAY -Schoology.com code # ZMWZ7-D99ZN -Review thesis sample resource -HOMEWORK: Task 7 Thesis Development |
Spring 2015 Week 6: February 9-13
Literacy Design Curriculum Research Paper
Objective: Analyze the role of government within different economies. Topics to include but not limited to command socialism, communism, and market capitalism. Compare and contrast economic systems in terms of their ability to achieve economic goals
Essential Questions: What are the features of an ideal mixed economy? After reading informational texts, editorials, and an interactive info-graphic write an essay that compares the characteristics of market and command economies and argues what combination of characteristics would be most effective for the United States today . Be sure to support your position with evidence from the texts. Standard 1: Productive resources – natural, human, capital – are scarce; therefore, choices are made about how individuals, businesses, governments, and societies allocate these resources Students can: 1) Analyze the relationships between economic goals and the allocation of scarce resources 2) Explain how economic choices by individuals, businesses, governments, and societies incur opportunity costs |
MONDAY
-Present globalization research -Schoology.com code # ZMWZ7-D99ZN -Task 1 Scoop. it TUESDAY -Schoology.com code # ZMWZ7-D99ZN -Task 2 Step 1 Discussion WEDNESDAY -Schoology.com code # ZMWZ7-D99ZN -Task 2 Step 2 Project Engagement -Task 3 Task Analysis THURSDAY -Schoology.com code # ZMWZ7-D99ZN -Task 4 Rubric Analysis & presentation FRIDAY -No School |
Spring 2015 Week 5: February 2-6
Chapter 2 Economic Systems
Objective: Analyze the role of government within different economies. Topics to include but not limited to command socialism, communism, and market capitalism. Compare and contrast economic systems in terms of their ability to achieve economic goals
Essential Questions: What are the features of an ideal mixed economy? After reading informational texts, editorials, and an interactive info-graphic write an essay that compares the characteristics of market and command economies and argues what combination of characteristics would be most effective for the United States today . Be sure to support your position with evidence from the texts. Standard 1: Productive resources – natural, human, capital – are scarce; therefore, choices are made about how individuals, businesses, governments, and societies allocate these resources Students can: 1) Analyze the relationships between economic goals and the allocation of scarce resources 2) Explain how economic choices by individuals, businesses, governments, and societies incur opportunity costs Student Sample for Capitalism Two Views
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MONDAY
-Review NYTimes articles (find clues to determine economic system) -Watch China's Ghost Cities (find clues to determine economic system) -Complete 2.3 Assessment questions, 1-5 individually and 7-10 in groups, page 57 -2.3 Quiz TUESDAY -Watch Crash Course Globalization I -Read and outline 2.4 -Complete "Capitalism Two Views" -Globalization Research Project (due Friday) WEDNESDAY -Watch Crash Course Globalization II -Complete 2.4 Assessment questions, 1-5 individually and 7-10 in groups, page 6 -2.4 Quiz THURSDAY -Chapter 2 assessment questions 1-15 -Globalization Research Project (due Friday) FRIDAY -Chapter 2 Exam -Introduce LDC |
Spring 2015 Week 4: January 26-30
Chapter 2 Economic Systems
Chapter 2 Online Resources
Standard 3 : Understand the allocation of scarce resources in societies through analysis of individual choice market interaction, and public policy. Analyze the role of government within different economies. Topics to include but not limited to command, socialism, communism, and market capitalism
Objective: Explain how traditional, command, market, and mixed economies answer the three fundamental economic questions. Essential Questions: How does a society decide how to use its scarce resources to meet unlimited wants? What economic systems provide the most economic and political freedom? Why do some economic systems provide more wealth than others? Skills: Collaboration, analyzing and inferring information from text
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MONDAY
-Introduce Ms. Thompson's Research -Chapter 2 pre-assessment -Watch World Economic Systems -Read and outline 2.1 (Economic Systems) TUESDAY -Complete 2.1 Assessment questions 1-5 & 7-10 , page 41 -2.1 Quiz -Complete China vs. US WEDNESDAY -Watch Cuba Command Economy -Read and outline 2.2 (Command) -Complete "North Korea Blocks a Market Economy" and "in-text citation questions" THURSDAY -Paper Airplanes/Paper Chain Simulation -Complete 2.2 Assessment questions, 1-5 individually and 7-10 in groups, page 47 -2.2 Quiz -Watch Capitalism v Socialism FRIDAY -Read and outline 2.3 (Market Economies) -Review Circular Flow Model |
Spring 2015 Week 3: January 19-23
Chapter 1 Economic Way of Thinking
Chapter 1 Quizlet
Standard 3 : Understand the allocation of scarce resources in societies through analysis of individual choice market interaction, and public policy. Analyze the role of government within different economies. Topics to include but not limited to command, socialism, communism, and market capitalism
Objective: Explain how traditional, command, market, and mixed economies answer the three fundamental economic questions. Essential Questions: How does a society decide how to use its scarce resources to meet unlimited wants? What economic systems provide the most economic and political freedom? Why do some economic systems provide more wealth than others? Skills: Collaboration, analyzing and inferring information from text
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MONDAY
-No school TUESDAY -Read 1.4 use "Chapter Survey" reading strategy -Chapter 1.4 PowerPoint -Trading Cocoa Simulation WEDNESDAY -1.4 Assessment Questions 1-5 & 7-10 -Chapter 1 Assessment Questions (pp 34 & 35 1-4 & 7-11) -Trading Cocoa Simulation THURSDAY -Review Assessment Questions -Chapter 1 Test FRIDAY -Watch Documentary |
Spring 2015 Week 2: January 12-16
Chapter 1 Economic Way of Thinking
Chapter 1 Quizlet
Standard 1 : Productive resources – natural, human, capital – are scarce; therefore, choices are made about how individuals, businesses, governments, and societies allocate these resources
Objective: Explain how choices are influenced by incentive and utility. Understand that the "choice" not made becomes a trade- off and that trade-off has an opportunity cost. Explain how economist use cost benefit analysis grids to analyze choices. Essential Questions: Why do economist use economic models? What is efficiency and underutilization? What is the law of increasing opportunity cost? Skills: Collaboration, analyzing and inferring information from text Chapter 1 additional resources: 1.2 Reading Study Guide Incentives Matter video. Explain why???? Watch "Good Time or Good Grade Opportunity Cost" |
MONDAY
Allocating Scarce Resources Lesson and Simulation TUESDAY -Snow Day WEDNESDAY -Allocating Scarce Resources Lesson and Simulation -What is Opportunity Cost? THURSDAY -Read 1.2 use "Chapter Survey" reading strategy -Chapter 1.2 PowerPoint -Choose a decision you have to make soon and create a "Decision Making Grid" similar to the one on page 15. -Law of Diminishing Marginal Utility simulation FRIDAY -Complete 1.2 assessment questions, 1-5 individually and 7-10 in groups, page 17 -1.2 Quiz -Complete Analyzing Economic Situations -HOMEWORK Adam Smith reading |
Spring 2015 Week 1: January 5-9
Chapter 1 The Economic Way of Thinking
Chapter 1 Online Resources
Standard 1 : Productive resources – natural, human, capital – are scarce; therefore, choices are made about how individuals, businesses, governments, and societies allocate these resources
Objective: Understand how scarcity requires choices by both individuals and society. Evaluate the role of trade-offs and opportunity cost in making economic choices Essential Questions: What is scarcity? What are the four factors of production? Skills: Collaboration, analyzing and inferring information from text
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MONDAY
-No School TUESDAY -John Green's "Open Letter to Students" -1st Day Procedures -Student interviews WEDNESDAY -Pre-assessment test Chapter 1 -Online textbook access -Read 1.1 use "Chapter Survey" reading strategy THURSDAY -Chapter 1.1 PowerPoint -Complete Assessment questions, 1-5 individually and 7-10 in groups, page 11. -Quiz 1.1 -Economics in Practice P.11 FRIDAY -Candy Bar Four Factors of Production -Simulation "Start a Business" p.35 -Discuss "Analyzing Cause and Effect", page 10 -Create a similar graphic organizer from page 10 for the article "Age of Scarcity." |
SPRING 2014 May 19 - 22 Finals Week
Quizlet review final
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MONDAY
-Review chapter 17 -Quizlet review chapter 17 TUESDAY -Chapter 17 Exam WEDNESDAY -Review for final -Quizlet review final THURSDAY -Final |
May 12-16 International Trade
Chapter 17
STANDARD 1: Productive resources – natural, human, capital – are scarce; therefore, choices are made about how individuals, businesses, governments, and societies allocate these resources
OBJECTIVE: Explain the issues and institutions related to international trade ADDITIONAL RESOURCES: Crash Course Globalization I and Globalization II |
MONDAY
-Read 17.2 -In groups complete assessment on page 525. Questions 1-5 and 7, 8, 9, or 10 TUESDAY -Read 17.2 -In groups complete assessment on page 525. Questions 1-5 and 7, 8, 9, or 10 WEDNESDAY -Quiz 17.1 and 17.2 -Read 17.3 -In groups complete assessment on page 531 Questions 1-5 and 7,8, 9 or 10 THURSDAY -Read 17.3 -In groups complete assessment on page 531 Questions 1-5 and 7,8, 9 or 10 FRIDAY -Read 17.4 -In groups complete assessment on page 537 Questions 1-5 and 7,8, 9 or 10 |
May 5-9 Entrepreneurship
Kickstarter
STANDARD 1: Productive resources – natural, human, capital – are scarce; therefore, choices are made about how individuals, businesses, governments, and societies allocate these resources
OBJECTIVE: Identify influential entrepreneurs and describe how they have utilized resources to produce goods and services |
MONDAY
-Kickstarter Presentations TUESDAY -Kickstarter Presentations WEDNESDAY -Kickstarter Presentations -Pretest Chapter 17 THURSDAY - Watch video clip -Read 17.1 -In groups complete assessment on page 519. Questions 1-5 and 7,8,9,or 10 FRIDAY -Read 17.1 -In groups complete assessment on page 519. Questions 1-5 and 7,8,9,or 10. |
April 28 - May 2 Entrepreneurship
Kickstarter
STANDARD 1: Productive resources – natural, human, capital – are scarce; therefore, choices are made about how individuals, businesses, governments, and societies allocate these resources
OBJECTIVE: Identify influential entrepreneurs and describe how they have utilized resources to produce goods and services |
MONDAY
-Day 1 Entrepreneurship Student Journal TUESDAY -Day 2 Entrepreneurship Student Journal WEDNESDAY -Day 3 Entrepreneurship Student Journal THURSDAY -Day 4 Entrepreneurship Student Journal FRIDAY -Day 5 Entrepreneurship Student Journal |
April 21-25 Personal Financial Literacy & Economic Theory
Genirevolution.org
STANDARD 2: Standard 2
Economic policies affect markets
OBJECTIVE: Explain competing economic theories that influence economic policy STUDENTS CAN: Identify government activities that affect the local, state, or national economy. Give examples of the role of government in a market economic system |
MONDAY
-Watch "The Great Depression and the Keynesian Revolution" and create a blog post TUESDAY -Watch "The Great Depression and the Keynesian Revolution" and create a blog post WEDNESDAY -Read New Yorker article "The Return of Karl Marx." THURSDAY -Complete Google Doc. "Was Marx Right?" FRIDAY -Genirevolution |
April 14-18 Personal Financial Literacy & Economic Theories
Genirevolution.org
OBJECTIVE: Acquire the knowledge and economic reasoning skills to make sound financial decisions (PFL)
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MONDAY
-No School TUESDAY -Watch Ted Talk "What Will Future Jobs Look Like?" and respond to blogpost WEDNESDAY -Genirevolution THURSDAY -Watch Boom and Bust and answer questions FRIDAY -Watch Boom and Bust and answer questions |
April 7-11
Personal Financial Literacy
Genirevolution.org
OBJECTIVE: Acquire the knowledge and economic reasoning skills to make sound financial decisions (PFL)
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MONDAY
-Listen "Why Everybody Who Doesn’t Hate Bitcoin Loves It" A Freakonomics Radio Podcast -Respond to blogpost dated 4/6 (Mission 1) TUESDAY -Listen "Why Everybody Who Doesn’t Hate Bitcoin Loves It" A Freakonomics Radio Podcast -Respond to blogpost dated 4/7 (Bitcoin) WEDNESDAY -Respond to blogpost dated 4/8 (Mission 2) -Genirevolution Mission 1,2,& 3 THURSDAY -Genirevolution Mission 1,2,& 3 FRIDAY -Genirevolution Mission 1,2,& 3 -Respond to blogpost dated 4/9 (Mission 3) -Car Shopper Exercise |
March 24-28
Personal Financial Literacy
Genirevolution.org
OBJECTIVE: Acquire the knowledge and economic reasoning skills to make sound financial decisions (PFL)
STUDENTS CAN: Define saving. Identify reasons why people save, Distinguish between simple and compound interest, Apply the formula for calculating simple interest, Apply the rule of 72 to determine how much time it takes for a saved amount to double. |
MONDAY
-Lesson 1: Why Save? -Introduce Genirevolution.org TUESDAY -Register at Genirevolution.org Code for 1A Economics: b3e7e2 (both classes use this code -Complete mission 1 at Genirevolution.org WEDNESDAY -Lesson 2: Invest in Yourself THURSDAY-Genirevolution.org FRIDAY -Genirevolution.org |
March 17-21
Literacy Design Curriculum Writing Project: Inequality for All
Entrepreneurship
Objective: Evaluate multiple sources in order to write an argumentative essay that addresses questions relating to economic mobility.
Standard 1: Productive resources – natural, human, capital – are scarce; therefore, choices are made about how individuals, businesses, governments, and societies allocate these resources Students can: 1) Analyze the relationships between economic goals and the allocation of scarce resources 2) Explain how economic choices by individuals, businesses, governments, and societies incur opportunity costs Standard 2: Economic policies affect markets Students can: 1) Give examples of the role of government in a market economic system 2) Analyze how positive and negative incentives influence the economic choices made by individuals, households, businesses, governments, and societies Standard 3: Understand the allocation of scarce resources in societies through analysis of individual choice, market interaction, and public policy |
MONDAY
-Watch video as a class. Discuss consequences. -Day 24 Inequality for All LDC TUESDAY -Watch video as a class, discuss -Day 25 Inequality for All LDC -Complete "Entrepreneurship #1" lesson for extra credit WEDNESDAY - Day 26 Inequality for All LDC -Complete "Entrepreneurship#2" lesson for extra credit THURSDAY -Day 27 Inequality for All LDC -Personal Financial Literacy FRIDAY -Day 28 Turn in final draft -Personal Financial Literacy |
March 10-14
TCAPLiteracy Design Curriculum Writing Project: Inequality for All
Objective: Evaluate multiple sources in order to write an argumentative essay that addresses questions relating to economic mobility.
Standard 1: Productive resources – natural, human, capital – are scarce; therefore, choices are made about how individuals, businesses, governments, and societies allocate these resources Students can: 1) Analyze the relationships between economic goals and the allocation of scarce resources 2) Explain how economic choices by individuals, businesses, governments, and societies incur opportunity costs Standard 2: Economic policies affect markets Students can: 1) Give examples of the role of government in a market economic system 2) Analyze how positive and negative incentives influence the economic choices made by individuals, households, businesses, governments, and societies Standard 3: Understand the allocation of scarce resources in societies through analysis of individual choice, market interaction, and public policy |
MONDAY
-Day 22 Inequality for All LDC TUESDAY -TCAP WEDNESDAY - TCAP THURSDAY - TCAP FRIDAY -Day 23 Inequality for All LDC |
March 3-7
Inequality For All
Objective: Evaluate multiple sources in order to write an argumentative essay that addresses questions relating to economic mobility.
Standard 1: Productive resources – natural, human, capital – are scarce; therefore, choices are made about how individuals, businesses, governments, and societies allocate these resources Students can: 1) Analyze the relationships between economic goals and the allocation of scarce resources 2) Explain how economic choices by individuals, businesses, governments, and societies incur opportunity costs Standard 2: Economic policies affect markets Students can: 1) Give examples of the role of government in a market economic system 2) Analyze how positive and negative incentives influence the economic choices made by individuals, households, businesses, governments, and societies Standard 3: Understand the allocation of scarce resources in societies through analysis of individual choice, market interaction, and public policy |
MONDAY
-Day 17 Inequality for All LDC TUESDAY -Day 18 Inequality for All LDC WEDNESDAY -Day 19 Inequality for All LDC THURSDAY -Day 20 Inequality for All LDC FRIDAY -Day 21 Inequality for All LDC |
February 24-28 LDC Inequality For All
Objective: Evaluate multiple sources in order to write an argumentative essay that addresses questions relating to economic mobility.
Standard 1: Productive resources – natural, human, capital – are scarce; therefore, choices are made about how individuals, businesses, governments, and societies allocate these resources Students can: 1) Analyze the relationships between economic goals and the allocation of scarce resources 2) Explain how economic choices by individuals, businesses, governments, and societies incur opportunity costs Standard 2: Economic policies affect markets Students can: 1) Give examples of the role of government in a market economic system 2) Analyze how positive and negative incentives influence the economic choices made by individuals, households, businesses, governments, and societies Standard 3: Understand the allocation of scarce resources in societies through analysis of individual choice, market interaction, and public policy |
MONDAY
-Day 12 Inequality for All LDC TUESDAY -Day 13 Inequality for All LDC WEDNESDAY -Day 14 Inequality for All LDC THURSDAY -Day 15 Inequality for All LDC FRIDAY -Day 16 Inequality for All LDC |
February 17-21 LDC Inequality For All
Objective: Evaluate multiple sources in order to write an argumentative essay that addresses questions relating to economic mobility.
Standard 1: Productive resources – natural, human, capital – are scarce; therefore, choices are made about how individuals, businesses, governments, and societies allocate these resources Students can: 1) Analyze the relationships between economic goals and the allocation of scarce resources 2) Explain how economic choices by individuals, businesses, governments, and societies incur opportunity costs Standard 2: Economic policies affect markets Students can: 1) Give examples of the role of government in a market economic system 2) Analyze how positive and negative incentives influence the economic choices made by individuals, households, businesses, governments, and societies Standard 3: Understand the allocation of scarce resources in societies through analysis of individual choice, market interaction, and public policy |
MONDAY
-No School TUESDAY -Day 8 Inequality for All LDC WEDNESDAY -Day 9 Inequality for All LDC THURSDAY -Day 10 Inequality for All LDC FRIDAY -Day 11 Inequality for All LDC |
February 10-13 LDC Inequality for All
Objective: Evaluate multiple sources in order to write an argumentative essay that addresses questions relating to economic mobility.Standard 1: Productive resources – natural, human, capital – are scarce; therefore, choices are made about how individuals, businesses, governments, and societies allocate these resources
Students can: 1) Analyze the relationships between economic goals and the allocation of scarce resources 2) Explain how economic choices by individuals, businesses, governments, and societies incur opportunity costs Standard 2: Economic policies affect markets Students can: 1) Give examples of the role of government in a market economic system 2) Analyze how positive and negative incentives influence the economic choices made by individuals, households, businesses, governments, and societies Standard 3: Understand the allocation of scarce resources in societies through analysis of individual choice, market interaction, and public policy |
MONDAY
-Day 4 Inequality for All LDC TUESDAY -Day 5 Inequality for All LDC WEDNESDAY -Day6 Inequality for All LDC THURSDAY -Day 7 Inequality for All LDC FRIDAY -No school |
February 3-7 Chapter 14 Government Revenue and Spending
Quizlet Review
Standard 2: Economic policies affect markets
Students can: Analyze how government activities influence the economy. Topics to include but not limited to: taxation Objective: Explain how government uses taxation to raise revenue in order to provide public goods. |
MONDAY
-Chapter 14 Review Quizlet -Classzone Review TUESDAY -Chapter 14 Test WEDNESDAY -Day 1 Inequality for All LDC THURSDAY -Say 2 Inequality for All LDC FRIDAY -Day 3 Inequality for All LDC |
January 27-31 Chapter 14 Government Revenue and Spending
Chapter 14.3 Quizlet
Standard 2: Economic policies affect markets
Students can: Analyze how government activities influence the economy. Topics to include but not limited to: taxation Objective: Explain how government uses taxation to raise revenue in order to provide public goods. |
MONDAY
-Quiz 14.2 -Study Guide 14.3 TUESDAY -Quiz (2a) 14.2 -14.3 Outline WEDNESDAY -Balance the Federal Budget THURSDAY -14.3 Study Guide FRIDAY -14.3 Quiz -14.4 Outline |
January 20-24 Chapter 14 Government Revenue and Spending
Chapter 14.2 Quizlet
Standard 2: Economic policies affect markets
Students can: Analyze how government activities influence the economy. Topics to include but not limited to: fiscal policy Objective: Explain how government uses taxation to raise revenue in order to provide public goods. |
MONDAY
-No School TUESDAY -Review Graphic Organizer p.410 -Complete Section 1 Study Guide HOMEWORK: Read 14.2 WEDNESDAY -Quiz 14.1 -Complete 14.2 Outline THURSDAY -Review Graphic Organizer p.420 -In groups read 1) Progressive Consumption Tax 2) We Need a Progressive Consumption Tax 3) A Progressive Conumption Tax? 4) Pro-Growth Tax Reform Can be Progressive FRIDAY -Presentations -14.2 Study Guide HOMEWORK: Read 14.3 |
January 13-17th Chapter 14 Government Revenue and Spending
Chapter 14.1 Quizlet
Standard 2: Economic policies affect markets
Students can: Analyze how government activities influence the economy. Topics to include but not limited to: fiscal policy Objective: Explain how government uses taxation to raise revenue in order to provide public goods. Additional Resources: Khan Academy: Taxes and Inelastic Demand Taxes and elastic demand Alternative Bitcoin assignment: Watch video and read this article. Provide a two paragraph summary. Past Student Bitcoin Presentations |
MONDAY
-Complete Bitcoin Presentations. Please review the rubric TUESDAY -Bitcoin Presentations. for Bitcoin presentation. Please review the rubric WEDNESDAY -"Question Only" think-pair-share THURSDAY -"Pre-Read" Chapter 14 -Join Ms. Thompson Economic's Quizlet for Chapter 14 -Complete 14.1 Outline FRIDAY -Complete 14.1 Outline HOMEWORK: Finish Outline |
January 6-10 Bitcoin Currency
Standard 2: Economic policies affect markets
Students can: Analyze how government activities influence the economy. Topics to include but not limited to: fiscal policy Objective: Describe the role of government in stabilizing the economy Additional Resources: Bitcoin Demystified part 1 Bitcoin Demystified part 2 Bitcoin Demystified part 3 Bitcoin Mining Bitcoin Explained Mining for Bitcoins in Ireland The True Value of a Bitcoin Bitcoin Risk: An Empirical Study FAQ |
MONDAY
-No School TUESDAY -Watch Bitcoin Video -As a class read NYTimes article "Much Ado About Bitcoins" WEDNESDAY -In groups answer Google doc. questions for Bitcoin presentation. Please review the rubric THURSDAY -Career Fair FRIDAY -In groups answer Google doc. questions for Bitcoin presentation. Please review the rubric |
December 16-20 Finals Week
Study Guide Link
Use Quizlet and Search for wnthompson43
Standard 2: Economic policies affect markets
Students can: Analyze how government activities influence the economy. Topics to include but not limited to: monetary policy Objective: Describe the role of the Federal Reserve in stabilizing the economy Additional Resources: Interactive Review
Mid-term essay questions: Choose one
1) You sit on the Board of Governors and need to make decisions regarding the US economy. The United States has 5% unemployment and 10% inflation. What type of monetary policy would you implement? Explain the rational that supports using specific monetary tools and the expected outcome. 2) Imagine that you own a prosperous business and are thinking of expanding. The Fed has started to buy bonds, and the federal government has cut personal income taxes and has increased government spending. Explain what effects you think these actions will have on the economy. Based on these effects, decide whether or not you will expand your business. State your decision and give reasons for it. |
MONDAY
-Outline 16.4 Homework: Assessment questions 1-5 and 7,8 TUESDAY -Review questions WEDNESDAY -Final Review THURSDAY -Final Essay FRIDAY -Final Multiple Choice Test
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December 9-13
Chapter 16: Federal Reserve and Monetary Policy
Standard 2: Economic policies affect markets
Students can: Analyze how government activities influence the economy. Topics to include but not limited to: monetary policy Objective: Describe the role of the Federal Reserve in stabilizing the economy Additional Resources: Interactive Review Khan Academy Fractional Reserve Banking How will the Fed's tapering effect you? Test |
MONDAY
-Review Current Events -Outline 16.2 TUESDAY -Review 16.2 WEDNESDAY -Current event -In Plain English: Making Sense of the Federal Reserve THURSDAY Outline 16.3 Homework: 16.3 Assessment 1-5 and 7-9 FRIDAY -Review Assessment 16.3 |
December 2-6
Chapter 10: Money and Banking
Chapter 16: Federal Reserve and Monetary Policy
Standard 2: Economic policies affect markets
Students can: Analyze how government activities influence the economy. Topics to include but not limited to: monetary policy Objective: Describe the role of the Federal Reserve in stabilizing the economy Additional Resources: 1) In plain English: Making Sense of the Federal Reserve 2) Short term effects of monetary policy 3) http://sffed-education.org/chairman/ 4) This American Life's Giant Pool of Money 5) Khan Academy |
MONDAY
-Chapter 10 Assessment questions. Including: online summary and 1-13 TUESDAY -Review Outline Google Doc. -Review questions and reteach activities WEDNESDAY -Chapter 10 Exam THURSDAY -Watch Econ Lowdown Fed Explained Central Bank -Complete Google Doc. Chapter 16 Section 1 Homework: Complete section 1 assessment questions 1-5 FRIDAY -Review Questions -Quiz -Watch Econ Lowdown Fed Explained Inflation Homework: TSCD paragraph |
November 18-22 Chapter 10: Money and Banking
Section 2: The Development of US Banking
Section 3: Innovations in Modern Banking
Standard 2: Economic policies affect markets
Students can: Analyze how government activities influence the economy. Topics to include but not limited to: monetary policy Objective: Explain how banking developed in the US and identify US banking institutions Additional Resources: Chapter 10 Interactive Review History of Central Banking |
MONDAY
-Complete Google Doc. Chapter 10 Section 2 Homework: Complete Section 2 Assessment Questions 1-5 and 8, 9 TUESDAY -Review questions -Quiz WEDNESDAY -Complete Google Doc. Chapter 10 Section 3 Homework: Complete Section 3 Assessment Questions 1-5 and 7,8 and 9 THURSDAY -Review questions -Quiz FRIDAY: -Case Study Housing Boom and Bust -In groups answers questions on pages 312-313 |
November 12-15 Chapter 10: Money and Banking
Section 1: Money, Its Functions and Properties
Standard 2: Economic policies affect markets
Students can: Analyze how government activities influence the economy. Topics to include but not limited to: monetary policy Objective: Understand the role of money in the economy. Additional Resources: Chapter 10 Interactive Review Electric Money |
MONDAY
-No School TUESDAY -Watch Equilibrium Video -Complete Economic Lowdown course. Read conclusion and complete post-test WEDNESDAY -Complete Google Doc. Cheaper Chickens Seen in Record Corn Cutting Costs: Commodities THURSDAY -Complete Google Doc. Chapter 10 Sec. 1 -Listen to "This American Life: The Invention of Money's Prologue" HOMEWORK: Complete Section 1 Assessment Questions 1-5 and 7-9 FRIDAY: -Review Chapter 10 Sec. 1 -Quiz |
November 4-8 ECON Lowdown Supply and Demand On-Line Class
National Standard 7: Markets and Prices
A market exists when buyers and sellers interact. This interaction determines market prices and thereby allocates scarce goods and services Objective: Explain why prices for most goods and services are determined in markets by what economists call supply and demand. Essential Questions: What are the laws of supply and demand? |
MONDAY
-Read article from the Economist "Stimulus vs. Austerity" and answer questions on Google Docs. TUESDAY -ECON Lowdown supply and demand on-line class. Students log in here. Ms. Thompson will give you your username and password during class. WEDNESDAY -Complete Lesson 1 ECON Lowdown supply and demand on-line class. THURSDAY -Watch Demand Vide0 -Complete lesson 2 ECON Lowdown supply and demand on-line class FRIDAY -Watch Supply Video -Complete lesson 3 ECON Lowdown supply and demand on-line class - |
October 28-31 Balancing the Federal Budget
Standard 3:
Understand the allocation of scarce resources in societies through analysis of individual choice, market interaction, and public policy Objective: Explain why balancing the federal budgeting requires weighing substantial trade-offs among the benefits of government spending, the costs of taxation and debt, and the opportunity cost of pursuing some programs at the expense of others. Decisions about budgets require weighing these trade-offs in light of our national values and priorities, but they must also be informed by an economic analysis of their costs and benefits. Students Can: Ask good questions and make inferences. Analyze graphs, tables, and charts. Support positions with evidence. Essential Questions: Is balancing the budget good, and is debt and deficits inherently bad? |
MONDAY
-Peer edit rough draft TUESDAY -Balancing the Federal Budget WEDNESDAY -Balancing the Federal Budget THURSDAY -Formal debate about the future of America's economic system using essays and other research to defend market or command preferences on different topics (healthcare, welfare, education, taxes, etc.) FRIDAY -No School |
October 21-25 Literacy Design Collaborative "Comparing Economic Systems" http://contrastingeconomicsystems.weebly.com/
Standard 3:
Understand the allocation of scarce resources in societies through analysis of individual choice, market interaction, and public policy Objective: Analyze the role of government within different economies. Topics to include but not limited to command socialism, communism, and market capitalism. Compare and contrast economic systems in terms of their ability to achieve economic goals Essential Questions: What are the features of an ideal mixed economy? After reading informational texts, editorials, and an interactive info-graphic write an essay that compares the characteristics of market and command economies and argues what combination of characteristics would be most effective for the United States today . Be sure to support your position with evidence from the texts. |
MONDAY
-In groups evaluate sample essays by using translated rubric. Written responses will include 1) The score for the essay 2) Rubric categories strengths and weaknesses 3) Two sentences that give guidance to the author on ways to improve.
TUESDAY
-PLAN Test Wednesday -Develop thesis statement Thursday -Create outline Friday -Create rough draft |
October 14-17 Literacy Design Collaborative "Comparing Economic Systems" http://contrastingeconomicsystems.weebly.com/
Standard 3:
Understand the allocation of scarce resources in societies through analysis of individual choice, market interaction, and public policy Objective: Analyze the role of government within different economies. Topics to include but not limited to command socialism, communism, and market capitalism. Compare and contrast economic systems in terms of their ability to achieve economic goals Essential Questions: What are the features of an ideal mixed economy? After reading informational texts, editorials, and an interactive info-graphic write an essay that compares the characteristics of market and command economies and argues what combination of characteristics would be most effective for the United States today . Be sure to support your position with evidence from the texts. |
MONDAY
-Discuss "Denmark Thrives Despite High Taxes." - Watch and discuss "Wealth Inequality in America" HOMEWORK: Read "As Cuba Gives Capitalism a Try, Experts Ponder the Future." Complete strategies 1-3 TUESDAY -Discuss source about Cuba. As a class complete reading strategies 6-6 HOMEWORK: -Finish reading sources 7-9. Create a 25 world summary for each WEDNESDAY -Prioritize and organize notes by using template on note-cards. HOMEWORK: Complete a total of 10
THURSDAY
-Complete index card notes -Complete summaries for resources 7-9 FRIDAY
-No School |
October 7-11 Literacy Design Collaborative "Comparing Economic Systems" http://contrastingeconomicsystems.weebly.com/
Standard 3:
Understand the allocation of scarce resources in societies through analysis of individual choice, market interaction, and public policy Objective: Analyze the role of government within different economies. Topics to include but not limited to command socialism, communism, and market capitalism. Compare and contrast economic systems in terms of their ability to achieve economic goals Essential Questions: What are the features of an ideal mixed economy? After reading informational texts, editorials, and an interactive info-graphic write an essay that compares the characteristics of market and command economies and argues what combination of characteristics would be most effective for the United States today . Be sure to support your position with evidence from the texts. |
MONDAY
-Modeling reading strategies while reading "The Push for Universal Pre-K" TUESDAY -In groups create an outline and a 25 word summary WEDNESDAY -Discuss summaries -Active Reading of "President's Preschool Message is Misdirected" Cato Institute. Create an outline and summarize. THURSDAY -Active Reading of "President's Preschool Message is Misdirected" Cato Institute. Create an outline and summarize. FRIDAY -Active Reading and Note-Taking of "Denmark Thrives Despite High Taxes." -Active reading of "Should the U.S. Have a National Healthcare System?" The New York Times Upfront article. Use and complete reading strategy #5 (Evaluating an Argument) |
October 1-4 Literacy Design Collaborative "Comparing Economic Systems" http://contrastingeconomicsystems.weebly.com/
Standard 3:
Understand the allocation of scarce resources in societies through analysis of individual choice, market interaction, and public policy Objective: Analyze the role of government within different economies. Topics to include but not limited to command socialism, communism, and market capitalism. Compare and contrast economic systems in terms of their ability to achieve economic goals Essential Questions: What are the features of an ideal mixed economy? After reading informational texts, editorials, and an interactive info-graphic write an essay that compares the characteristics of market and command economies and argues what combination of characteristics would be most effective for the United States today . Be sure to support your position with evidence from the texts. |
TUESDAY
-Review Ch. 2 exam WEDNEDSAY -Socratic Seminar -Introduce LDC (1A) THURSDAY -Introduce LDC (2A) FRIDAY -Analyze LDC rubric -Develop reading strategies |
September 23-27 Chapter 2 Introduction to Economic Systems
Standard 1 : Productive resources – natural, human, capital – are scarce; therefore, choices are made about how individuals, businesses, governments, and societies allocate these resources
Objective: Explain how traditional, command, market, and mixed economies answer the three fundamental economic questions. Essential Questions: How does a society decide how to use its scarce resources to meet unlimited wants? What economic systems provide the most economic and political freedom? Why do some economic systems provide more wealth than others? Skills: Collaboration, analyzing and inferring information from text Chapter 1 additional resources: Chapter 2 on-line textbook resources Watch, "Circular Flow Model" -Khan Academy, "Globalization."and "Globalization 2" |
MONDAY
-Watch Khan Academy, When Capitalism isn't so Great, -Homework: Complete assessment questions P. 63 1-5 TUESDAY -Review 2.4 powerpoint -Review for Chapter Test, handout
WEDNESDAY
-Chapter 2 Assessment questions, Complete online summary, questions 1-8 and 11-14 THURSDAY -Chapter 2 Test FRIDAY -Homecoming |
September 16-20 Chapter 2 Introduction to Economic Systems
Standard 1 : Productive resources – natural, human, capital – are scarce; therefore, choices are made about how individuals, businesses, governments, and societies allocate these resources
Objective: Explain how traditional, command, market, and mixed economies answer the three fundamental economic questions. Essential Questions: How does a society decide how to use its scarce resources to meet unlimited wants? What economic systems provide the most economic and political freedom? Why do some economic systems provide more wealth than others? Skills: Collaboration, analyzing and inferring information from text Chapter 1 additional resources: Chapter 2 on-line textbook resources Khan Academy," 20th Century Capitalism and Regulation in the US." Watch, "Circular Flow Model" |
MONDAY
-Read ch. 2 sec. 1 -Complete assessment questions 1-5 and 7-8, on page 41 TUESDAY -Quiz 2.1 -Watch Khan Academy, "Communism" -Read 2.2 -Complete assessment questions 1-5, on page 47 WEDNESDAY -Review p.77 -Watch Khan Academy,"Capitalism and Socialism" THURSDAY -Quiz 2.2 -Read 2.3 -Define key terms -Homework 2.3 study guide
FRIDAY
-Review 2.3 Study Guide -Watch, "Circular Flow Model" -Watch Khan Academy, When Capitalism isn't so Great," -Homework: Read 2.4 |
September 9-13 Understanding World Economic History
Standard 2 World History : The key concepts of continuity and change, cause and effect, complexity, unity and diversity over time
Students can: Investigate causes and effects of significant events in world history. Analyze the complexity of events in world history Objective: Explain how world history can be viewed from an economic perspective Essential Questions: Why are pre-modern living standards so different than modern day? Skills: Collaboration, analyzing and inferring information from text, oral and written communication skills. TSCD Rubric:
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MONDAY
-Chapter 1 Test Tuesday -Read "Understanding World History." WEDNESDAY -Take notes on "Understanding World History" THURSDAY -Write TSCD paragraph answering the following prompt: "Understanding World Economic History," compares pre-modern and modern peoples' economic condition. What were modern peoples' key advantages. FRIDAY -Write TSCD paragraph answering the following prompt: Explain the arguments presented in, "Understanding World Economic History," that explain why significant economic growth didn't happen until after 1800.
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September 3-6 Chapter 1 Sec. 3 Analyzing Production Possibilities & Sec. 4 The Economist Toolbox
Standard 1 : Productive resources – natural, human, capital – are scarce; therefore, choices are made about how individuals, businesses, governments, and societies allocate these resources
Objective: Demonstrate how and why economist use economic models. Understand how and why economist use statistics, charts, tables, and graphs. Compare micro and macro economics. Contrast positive economics with normative economics Essential Questions: Why do economist use economic models? Skills: Collaboration, analyzing and inferring information from text Chapter 1 additional resources: Chapter 1 Web Review Khan Academy, "Increasing Opportunity Cost." |
THURSDAY
-Review 1.4 study guide FRIDAY -quiz 1.4 -Complete assessment questions on pages 34-35 questions 1-14. Include "online summary." |
August 26-30 Ch. 1 Sec. 2 Economic Choice Today: Opportunity Cost
Standard 1 : Productive resources – natural, human, capital – are scarce; therefore, choices are made about how individuals, businesses, governments, and societies allocate these resources
Objective: Explain how choices are influenced by incentive and utility. Understand that the "choice" not made becomes a trade- off and that trade-off has an opportunity cost. Explain how economist use cost benefit analysis grids to analyze choices. Essential Questions: Why do economist use economic models? What is efficiency and underutilization? What is the law of increasing opportunity cost? Skills: Collaboration, analyzing and inferring information from text Chapter 1 additional resources: Chapter 1 Web Review |
MONDAY
-review worksheet Scarcity: The Basic Economic Problem (pp. 3,4,&5) -1.1 quiz -1.2 PowerPoint Notes -Homework: read pages 12-16 and define key terms
TUESDAY
-finish PowerPoint -review 1.2 -Homework study guide 1.2 "Complete Economic Choice Today: Opportunity Cost" (pp. 13-15)
WEDNESDAY
-read Krugman article. 1) Summarize the article 2) Provide scenarios/examples regarding: scarcity, factors of production, incentive, utility, trade-offs, opportunity cost 3) What aspect of world history did Krugman include?
THURSDAY
-review study guide 1.2 "Economic Choice Today: Opportunity Cost" (pp. 13-15) -1.2 quiz -Watch Khan Academy, "Production Possibilities." -Homework: read 1.3 pages 18-22 FRIDAY -1.3 PowerPoint Notes
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August 19-23 Chapter 1 The Economic Way of Thinking Sec. 1 & 2
Standard 1 : Productive resources – natural, human, capital – are scarce; therefore,
choices are made about how individuals, businesses, governments, and societies
allocate these resources
Objective: Understand how scarcity requires choices by both individuals and society. Evaluate the role of trade-offs and opportunity cost in making economic choices Essential Questions: What is scarcity? What are the four factors of production? Skills: Collaboration, analyzing and inferring information from text |
MONDAY/TUESDAY
-Course introductions/expectations-Homework: Read pages 4,5, & 10 in textbook WEDNESDAY -In groups Create a similar graphic organizer for the article "Age of Scarcity." http://www.businessweek.com/articles/2012-07-26/the-age-of-scarcity THURDSDAY -Name Game -Interactive Notebook Expectations -Reading Strategies: Textbook Organization -Homework: Read ch. 1 sec. 1 FRIDAY -Candy Bar Factors of Production -1.1 PowerPoint Notes -Homework: Complete worksheet Scarcity: The Basic Economic Problem (pp. 3,4,&5)
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