Hon. Econ. Week of Jan. 9-13, 16-20

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Posted by cliftonj | Posted in Hon. Gov/Econ | Posted on January 3, 2017

econ-unit-1-study-guide vocabulary list, you need to print it and hand write all the definitions, it is due the day of unit 1 test

For extra help, you can watch these short videos on this website:http://www.econedlink.org/virtual-economics/?topic=Fundamental+Economics

 

Wednesday Jan. 11

LG: Compare and contrast different economic systems and explain how they answer the three basic economic questions of what to produce, how to produce, and for whom to produce.

  1. Collect syllabus
  2. Mark book forms
  3. Review key concepts- Production Resources and Resource Allocation
  4. Four Corners Activity- Opportunity Costs
  5. PowerPoint notes : Economic Systems
  6. Summary Time

Thursday Jan. 12

LG: Describe the roles of government in a market economy.

  1. Quiz PPT Note Lecture # 1
  2. Power point notes and video clips: Economic systems
  3. PowerPoint notes/videos on production possibilities.
  4. Summary Time

 

Friday Jan. 13

Pep Rally Schedule

LG: To be able to use economic models like production possibilities curves, marginal cost/marginal benefit tables, and production graphs to identify trade-offs, opportunity cost, and rational decision making criteria.

1.Quiz 2 Tuesday

2.PowerPoint notes/videos on production possibilities.

3.Production possibilities activities

4. Summary Time

 

Monday Jan. 16

MLK Jr. Holiday

 

Tuesday Jan. 17

LG: To be able to use economic models like production possibilities curves, marginal cost/marginal benefit tables, and production graphs to identify trade-offs, opportunity cost, and rational decision making criteria.

  1. PPT Notes Quiz 2
  2. Check PPC packet
  3. Production possibilities classroom experiment

 

Wednesday Jan. 18

 

LG: To be able to explain how specialization and voluntary exchange are beneficial to individuals, businesses, and countries. To be able to describe how government plays a role in the economy even when the economy leans toward a market system.

  1. PPT Notes Quiz 3
  2. PowerPoint notes/videos on Goods, Market Failure, and Role of Government
  3. Productivity/Specialization Activity or Goods and Services Activity
  4. Pass out Unit 1 Problem Set, check for accuracy tomorrow in class

 

Thursday Jan. 19

LG: To review Unit 1 concepts.

  1. Unit 1 Problems Set, checking in class for accuracy
  2. Complete and review vocabulary

HW: Study for test

 

Friday Jan. 20

LG: To assess understanding of Unit 1 concepts.

  1. Unit 1 Test
  2. Receive Unit 2 Vocabulary

 

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