Objective: We will understand the basic concepts behind economics (scarcity and unlimited wants) and how those affect individual decisions.
January 12
Objective: Understand scarcity and unlimited wants as economic concepts.
Bellringer: Blog 1/12
Activity 1-class overview
Activity 2-pretest on basic economic principles
Activity 3-discussion
Homework-reading on basics of economics (handout). Go over annotation expectations.
January 13
Objective: Understand the basic concepts behind economics, including types of resources.
Bellringer 1/13
Activity 1-using your list from the bellringer, make a list of all the resources ONE of those businesses uses.
Activity 2-continue notes on basic principles of economics
Activity 3-add key terms (p. 8) to vocabulary notes, including opportunity cost
January 14 PFL DAY
Objective: Understand the variables that affect take-home pay
Bellringer 1/14
Activity 1-Survey. Discuss survey results.
Activity 2-class economy assignments. Discuss average incomes, look at Department of Labor and other resources for determining average salaries for career fields.
Activity 3-Complete the worksheet: Calculating "take-home" pay. Answer the following questions at the bottom of your worksheet: What comes out of your check and why? What control do you have over your take-home pay?
Activity 4-introduction to financial goal-setting.
Activity 5-Wall Street Journal article on Keystone Pipeline (if time).
January 15
Objective: Demonstrate understanding of basic principles of economics.
Bellringer 1/15
Activity 1-Quiz (10 minute max)
Activity 2-Exercises 1-13 p. 8-9.
Homework: Reading and annotation-vocabulary needs to be added to the vocabulary section of your notebook as you go.
January 19th
Objective-students will understand how decisions made by individuals, countries, and companies incur opportunity costs.
Bellringer-blog 1/19
Activity-notes on production possibilities curve, opportunity cost, economic specialization, and trade.
January 20th
Objective-students will understand how decisions made by individuals, countries, and companies incur opportunity costs.
Bellringer-blog 1/20
Activity 1: go over take-home pay worksheet together to check math
Activity 2: notes on production possibilities curve and calculation of opportunity coast, gain from trade
Activity 3: practice problems on PPC and trade
January 21st
Students will learn how to develop a short-term and long-term financial plan.
Bellringer-blog 1/21
Activity 1-brainstorm monthly bills that adults pay
Activity 2-figure actual bills 10 years out
Activity 3-create a monthly budget
Activity 4-Why Save?
Notebooks will be checked today!
January 12
Objective: Understand scarcity and unlimited wants as economic concepts.
Bellringer: Blog 1/12
Activity 1-class overview
Activity 2-pretest on basic economic principles
Activity 3-discussion
Homework-reading on basics of economics (handout). Go over annotation expectations.
January 13
Objective: Understand the basic concepts behind economics, including types of resources.
Bellringer 1/13
Activity 1-using your list from the bellringer, make a list of all the resources ONE of those businesses uses.
Activity 2-continue notes on basic principles of economics
Activity 3-add key terms (p. 8) to vocabulary notes, including opportunity cost
January 14 PFL DAY
Objective: Understand the variables that affect take-home pay
Bellringer 1/14
Activity 1-Survey. Discuss survey results.
Activity 2-class economy assignments. Discuss average incomes, look at Department of Labor and other resources for determining average salaries for career fields.
Activity 3-Complete the worksheet: Calculating "take-home" pay. Answer the following questions at the bottom of your worksheet: What comes out of your check and why? What control do you have over your take-home pay?
Activity 4-introduction to financial goal-setting.
Activity 5-Wall Street Journal article on Keystone Pipeline (if time).
January 15
Objective: Demonstrate understanding of basic principles of economics.
Bellringer 1/15
Activity 1-Quiz (10 minute max)
Activity 2-Exercises 1-13 p. 8-9.
Homework: Reading and annotation-vocabulary needs to be added to the vocabulary section of your notebook as you go.
January 19th
Objective-students will understand how decisions made by individuals, countries, and companies incur opportunity costs.
Bellringer-blog 1/19
Activity-notes on production possibilities curve, opportunity cost, economic specialization, and trade.
January 20th
Objective-students will understand how decisions made by individuals, countries, and companies incur opportunity costs.
Bellringer-blog 1/20
Activity 1: go over take-home pay worksheet together to check math
Activity 2: notes on production possibilities curve and calculation of opportunity coast, gain from trade
Activity 3: practice problems on PPC and trade
January 21st
Students will learn how to develop a short-term and long-term financial plan.
Bellringer-blog 1/21
Activity 1-brainstorm monthly bills that adults pay
Activity 2-figure actual bills 10 years out
Activity 3-create a monthly budget
Activity 4-Why Save?
Notebooks will be checked today!