Here you will find the agenda for class
Econ Winter 2016
Week 1
Tuesday 1-26
1. Syllabus #1
2. School policies/Sos #2
3. Video - Cave-o-nomics www.wetheeconomy.com
4. Portfolio #3
5. Start Scavenger Hunt
- To get to know one another. Have an understanding of what the class is
Wednesday 1-27
1.Current Events
6. What is Economics #4
7. Share what you think it is #4
2. Bathroom Passes
3. Pre-Test - whole class
1. 1 positive and 1 negative - interview prep (if time)
- Show what their previous knowledge is of economics, both in a writing and a pre-test
Thursday 1-28
1. Current Events
2. Pre-test - unit 1
4. What is an Entrepreneur - my example
5. Definitions - Entrepreneur (land, labor, capital) - notes
2. Group assignment - being an entrepreneur
3. Present group work
- Demonstrate their basic econ knowledge on a pretest, define entrepreneur, land, labor, capital, scarcity, needs, and wants
Friday 1-29
1. Current Events
4. Quick check - land, labor, capital #7
5. Scarcity notes - include needs and wants
6. Where would you go? Opportunity Cost
2. Check for Binders/signatures
7. Definitions - Opportunity Cost
8. Decision making grid - how we make choices - opportunity costs
9. J.A. Worksheet – When opportunity cost knocks # 8
- demonstrate knowledge learned on a quick check - land, labor, and capital, define scarcity, needs, wants, and opportunity costs.
Monday 2-1
1. Current Events
5. Definitions – Production possibilities curves
6. Economics Skill Lab- Interpreting a production possibilities curve # 8
5. Check #8
2. 3 Key Economics Questions #9
2. 4 different types of Economies (definitions) – #9 - use the book
- Define and draw production possibility curves, discuss how the 4 types of economies answer the three key economic questions
Tuesday 2-2
1. Current Events
3. Skit - Present one of the 4 economic types in groups
4. Compare the different economic systems (econedlink.com assignment) – Computers #10
- Present one of the four types of economic systems, evaluate how the countries they are looking up answer the 3 main questions
Wednesday 2-3
1. Current Events
2. Compare the different economic systems (econedlink.com assignment) – Computers #10
3. Present what they found – go over as a class the different categories 10
4. Definitions – market, specialization, household
5. Circular Flow Chart
- evaluate how the countries they are looking up answer the 3 main questions, define market, specialization, and households
Thursday 2-4
1. Current Events
4. Look at a circular flow chart and draw it – Read section pg. 29 and 30
5. J.A. W.S. Understanding Circular Flow #11
6. Check circular flow sheet # 11
2. Read about Adam Smith pg. 33
- Draw the circular flow chart, read about Adam Smith and his big ideas
Friday 2-5
1. Current Events
2. Socialism, Communism, and Authoritarian definitions
3. Adam Smith and Karl Marx #12
3. Rank Economic goals
8. Pass out review sheet - no time to work on it #13
- Define socialism, communism, and authoritarian, compare and contrast Adam Smith to Karl Marx
Week 3
Monday 2-8
1. Current Events
3. Constitutional protection notes
2. Table – role of the consumer vs. role of the government #14
2. Check and go over Consumers vs. govt.
Tuesday 2-9
1. Current Events
2. What is GDP - notes
3. Look at graph on pg. 58 (GPD)
4. Talk about technology and the economy
5. What is a Public Good? - List of public goods - come up with this on board with the students
6. Whether a public good gets produced or not – use book, pg. 64
3. Review Sheet #17
Wednesday 2-10
1. Current Events
2. Quick check
2. Poverty Notes - providing a safety net
3. Review as a class - use white boards
Thursday 2-11
1. Current Events
3. America’s Big Economy – find the info on the computer #15
4. Review Sheet # 17
2. Put binders in order
Friday 2-12 ½ day - AM
1. Current Events
2. Unit One Test
3. Check Binder
4. Pre-test unit two
Week 4
Monday - 2-15-16
No school
Tuesday 2-16-16
1. Current Events
4. What is Demand
- Demand schedule and curve, Law of Demand pg. 81, Law of Diminishing Returns
4. Check Plotting demand curves
4. Shifts of the Demand Curve – notes
Revisit the pizza example but now with the view that the weather has changed
Then look at complements and substitutes
Wednesday 2-17-16
1. Current Events
2. Quick Check #20
5. What Causes a demand shift table #19
5. Beef Battle, pg 87
6. J.A. Worksheet – Changes in demand #21
2. Check Changes in Demand #21
3. Elasticity of Demand – notes
Thursday 2-18-16
1. Current Events
2. Finish Elasticity of Demand - notes
2. Factors that affect elasticity – read pg. 91 and 93-94 for this
4. Figuring out elasticity – pg. 92 practice
5. Determining Elasticity of Demand – math practice #22
Friday 2-19-16 Homecoming
1. CE
5. Check Determining Elasticity WS #22
3. Supply – notes
- Supply Schedule and Curve – pg. 103 and 105
2. Cost of production: read pgs. 108-113 up to the shutdown decision questions - 1-4 and 6 #23
Increasing Marginal Returns, Diminishing Marginal Returns, Negative Marginal Returns Figure 5.6, Production
costs - Fixed and Variable costs,
Week 5
Monday 2-22
1. Current Events
3.Supply quick check #24
6. Check questions 1-4, 6 #23
7. Write down - increasing and diminishing marginal returns and fixed, variable, and marginal costs
3. Example of the different costs together
4. The Shutdown Decision – read
5. Changes in Supply
Increases and decreases – pg. 117 notes
6. Government's influence on Supply – table #25
Tuesday 2-23
1. Current Events
2. Talk about table #25
3. Do baseball players make too much money? Pg.
4. Combining Demand and Supply = Equilibrium – notes
Students will create a graph showing equilibrium
5. Price Ceilings and Floors – notes
6. Changes in the Market Equilibrium – read pg. 134 and 135
Look at fig 6.5 and 6.6 together
7. Get Review Sheet #26
Wednesday 2-24
1. Current Events
2. Price Ceiling/Floor quick check # 27
3. What causes a change in the equilibrium?
5. Do a few examples together of it shifting
5. Look at picture on pg. 136, how have toys changed since you were little - if time
6. J.A. Worksheet – Market Clearing Price # 28
2. Check #28
2. Practice Test #29
Thursday 2-25
1. Current Events
2. Outline essay together
2. Read pg 139 - 144 and answer 1-4 and 6 answer questions 1-4 and 6 #30
3. Binder numbers up
Friday 2-26
1. Current Events
2. Check 1-4 and 6 #30
5. Students will fill out a worksheet dealing with incentive #31
2. Effects of Price during depression and war
6.Review as a class
Week 6
Monday 2-29
1. Current Events
2. Outline essay together
2. Read pg 139 - 144 and answer 1-4 and 6 answer questions 1-4 and 6 #30
3. Binder numbers up
Tuesday 3-1 Snow day
Wednesday 3-2 Snow Day
Thursday 3-3
1. Current Events
2. Check 1-4 and 6 #30
5. Students will fill out a worksheet dealing with incentive #31
2. Effects of Price during depression and war
6.Review as a class
Wednesday 3-2
1 Current Events
2. Unit two test
Thursday 3-3
1. Current Events
2. Unit 3 pre-test
3. Binder Check
2. Start Children’s Book (30 min)
Friday - 3-4-16 Career day
Week 7
Monday 3-7-16
1 Current Events
2. Unit two test
Tuesday 3-8-16
1. Current Events
2. Unit 3 pre-test
3. Binder Check
2. Start Children’s Book (30 min)
Wednesday 3-9-16
1. Current Events
5. Children’s books (20 min)
3. Perfect Competition - notes
Thursday 3-10-16
1. Current Events
2. Children’s books
4. Monopoly
3. Oligopoly
Friday 3-11-16
1. Current Events
2. work on children's books
2. Monopolistic Competition and Deregulation
Week 8
Monday 3-14
1. Current Events
2. Work on children's books
3. Business Structures - fill out table with notes
$. Get back SA and Essay part of test
Tuesday 3-15
1. Current Events
2. Last day to work on children's books
2. Go over unit two tests
3. Start Computer Assignment
2. Labor Market Trends - notes
Wednesday 3-16
1. Current Events
2. Present Children’s books
3. Changes in the labor force (group work)
Thursday 3-17
1. Current Events
2. Leftover presentations
2. Supply and Demand for labor notes
3. J.A. Worksheet – Wage Rates and Wage Differences
Friday - 3-18-16 - no school
Fall 2015
Week 1
Econ Fall 2015
Tuesday 9-8-15
1. Syllabus #1
2. School policies/Sos #2
3. Video - Cave-o-nomics www.wetheeconomy.com
4. Portfolio #3
5. Scavenger Hunt
Wednesday 9-9-15
1.Current Events
2. What is Economics #5
3. Share what you think it is
4. Bathroom Passes
5. Pre-Test - whole class and unit 1
6. 1 positive and 1 negative - interview prep
Thursday 9-10-15
1. Current Events
2. What is an Entrepreneur - my example
3. Definitions - Entrepreneur (land, labor, capital) - notes
4. Group assignment - being an entrepreneur
5. Present group work
6. Scarcity notes - include needs and wants
7. Where would you go? Opportunity Cost
Friday 9-11-15
1. Current Events
2. Check for Binders/signatures
3. Quick check - land, labor, capital #7
4. Definitions - Opportunity Cost
5. Decision making grid - how we make choices - opportunity costs
6. J.A. Worksheet – When opportunity cost knocks # 8
Week 2
Monday 9-14-15
1. Current Events
2. Check When opportunity cost knocks
5. Definitions – Production possibilities curves
6. Economics Skill Lab- Interpreting a production possibilities curve # 10
5. Check #10
2. 3 Key Economics Questions
3. 4 different types of Economies (definitions) – #11 - use the book
Tuesday 9-15-15
1. Current Events
3. 4 different types of Economies (definitions) – #11 - use the book
2. Skit - Present one of the 4 economic types in groups
5. Compare the different economic systems (econedlink.com assignment) – Computers #12
Wednesday 9-16-15
1. Current Events
5. Compare the different economic systems (econedlink.com assignment) – Computers #12
3. Present what they found – go over as a class the different categories
3. Definitions – market, specialization, household
Thursday 9-17-15 (Constitution Day)
1. Current Events
4. Look at a circular flow chart and draw it – Read section pg. 29 and 30
5. J.A. W.S. Understanding Circular Flow #14
6. Check circular flow sheet
2. Read about Adam Smith pg. 33
Friday 9-18-15
1. Current Events
2. Socialism, Communism, and Authoritarian definitions
3. Adam Smith and Karl Marx #12
3. Rank Economic goals
8. Pass out review sheet - no time to work on it #13
Week 3
Monday 9-21-15
1. Current Events
3. Constitutional protection notes
2. Table – role of the consumer vs. role of the government #15
2. Check and go over Consumers vs. govt.
3. America’s Big Economy – find the info on the computer #16
Tuesday 9-22-15
1. Current Events
2. What is GDP notes
3. Look at graph on pg. 58 (GPD)
4. Talk about technology and the economy
5. What is a Public Good? - List of public goods - come up with this on board with the students
6. Whether a public good gets produced or not – use book, pg. 64
3. Review Sheet #17
8. Personal Finance
Wednesday 9-23-15
1. Current Events
2. Quick check
2. Check W.S. from when sub was here
2. Poverty Notes - providing a safety net
4. Review Sheet # 17
Thursday 9-24-15
1. Current Events
2. Put binders in order
2. Review Sheet
3. Review as a class - use white boards
Friday 9-25-15
1. Current Events
2. Unit One Test
3. Check Binder
4. Pre-test unit two
Week 4
Monday 9-28-15
1. Current Events
4. What is Demand
Demand schedule and curve, Law of Demand pg. 81, Law of Diminishing Returns
2. J.A. Worksheet - Plotting demand curves #
4. Check Plotting demand curves
4. Shifts of the Demand Curve – notes
Revisit the pizza example but now with the view that the weather has changed
Then look at complements and substitutes
Tuesday 9-29-15
1. Current Events
2. Quick Check #20
5. What Causes a demand shift table #19
5. Beef Battle, pg 87
6. J.A. Worksheet – Changes in demand #23
2. Check Changes in Demand #23
3. Elasticity of Demand – notes
Wednesday 9-30-15
1. Current Events
2. Finish Elasticity of Demand - notes
2. Factors that affect elasticity – read pg. 91 and 93-94 for this
4. Figuring out elasticity – pg. 92 practice
5. Determining Elasticity of Demand – math practice #20
Thursday 10-1-15
1. CE
5. Check Determining Elasticity WS
3. Supply – notes
- Supply Schedule and Curve – pg. 103 and 105
2. Cost of production: read pgs. 108-113 up to the shutdown decision questions - 1-4 and 6
Increasing Marginal Returns, Diminishing Marginal Returns, Negative Marginal Returns Figure 5.6, Production
costs - Fixed and Variable costs,
Friday 10-2-15
1. Current Events
3.Supply quick check
6. Check questions 1-4, 6
7. Write down - increasing and diminishing marginal returns and fixed, variable, and marginal costs
3. Example of the different costs together
4. The Shutdown Decision – read
5. Changes in Supply
Increases and decreases – pg. 117 notes
6. Government's influence on Supply – table #25
Week 5
Monday 10/5/15
1. Current Events
3. Talk about table #25
2. Do baseball players make too much money? Pg.
3. Combining Demand and Supply = Equilibrium – notes
4. Students will create a graph showing equilibrium
2. Price Ceilings and Floors – notes
3. Changes in the Market Equilibrium – read pg. 134 and 135
4. Look at fig 6.5 and 6.6 together
Tuesday 10/6/15
1. Current Events
2. Price Ceiling/Floor quick check # 30
3. What causes a change in the equilibrium?
5. Do a few examples together of it shifting
5. Look at picture on pg. 136, how have toys changed since you were little - if time
6. J.A. Worksheet – Market Clearing Price # 31
2. Check #23
2. Practice Test
Wednesday 10-7-15
1. Current Events
2. Outline essay together
2. Read pg 139 - 144 and answer 1-4 and 6 answer questions 1-4 and 6
3. Binder numbers up
Thursday 10-8-15
1. Current Events
2. Check 1-4 and 6
5. Students will fill out a worksheet dealing with incentive
2. Effects of Price during depression and war
6.Review as a class
Friday 10-9-15
1 Current Events
2. Unit two test
3. Put binders in order
5. Introduce Children’s book #31 (10 min of work time about)
Week 6
Monday 10/12/15
1. Current Events
2. Unit 3 pre-test
3. Binder Check
2. Children’s Book (30 min)
Tuesday 10/13/15
1. Current Events
5. Children’s books (20 min)
3. Perfect Competition
Wednesday 10/14/15 - SAT pre-test
Thursday 10/15/15
1. Current Events
2. Children’s books
4. Monopoly
3. Oligopoly
Friday 10/16/15 - Homecoming
1. Current Events
2. work on children's books
2. Monopolistic Competition and Deregulation
Week 7
Monday 10/19/15
1. Current Events
2. Work on children's books
3. Business Structures - fill out table with notes
***Essential Question*** - 1.2.1 – What role do economic institutions (households, businesses, labor unions, and financial institutions) play in the functioning of a competitive market?
Tuesday 10-20-15
1. Current Events
2. Last day to work on children's books
2. Go over unit two tests
3. Start Computer Assignment #26 and #27
2. Labor Market Trends
***Essential Question*** - 1.4.1 – How does a change in public policy impact behavior in our roles as producers, consumers, workers, savers, and investors?
3. Changes in the labor force (group work)
Wednesday 10-21-15
1. Current Events
2. Present Children’s books
3. Changes in the labor force (group work)
5. On the way out or in the middle of class tell me what the requirements are to be part of the work force (call on students)
Thursday 10-22-15 - ½ day pm schedule
Friday 10-23-15 - no school
Week 8
Monday 10-26-15
1. Current Events
2. Leftover presentations
2. Supply and Demand for labor notes
3. J.A. Worksheet – Wage Rates and Wage Differences #28
4. Check wage rates
***Essential Question*** - 1.2.3 – How does investment in technology and human capital affect productivity and the market?
5. Wage discrimination notes
Tuesday 10-27-15
1. Current Events
6. Read organized labor (section 3) pg. 228
6. Answer questions 1-5 and 8
2. Check 1-5 and 8
3. 3. Money – Uses and Characteristics of it (notes)
3. Table – Banking before the Civil War #30 pg. 250 – add to list of formative assessments
4. Exit Slip – EEOC
Wednesday 10-28-15
1. Current Events
3. Quick Check - Three uses of money
3. Banking after the civil war notes
3. Banking today – group work
4. Present group work
Thursday 10-29-15
1. Current Events
4. Finish presenting group work in order of the book
2. Saving and Investing Notes
3. Types of Risk – table, pg. 274
2. Worksheet about bonds #34 (if needed)
5. Get Review sheet
Friday 10-30-15 - ½ day am schedule
1. Current Events
2. Check Bonds WS
3. Financial Asset Market – notes
4. Start the Stock Market – How stocks are traded
Week 9
Monday 11-2-15
1. Current Events
2. Check Bonds WS
3. Financial Asset Market – notes
4. What do you know about the stock market crash of 1929? - pair share
3. What happened in 1929?
5. Stock market video - wetheeconomy.com
Tuesday 11-3-15
1.Current Events
4. Start the Stock Market – How stocks are traded
3. Continue stock notes (start with share)
4. Primary source – The Great Depression, as I remember
2. Get binder in order
3. Review Sheet for unit 3
Wednesday 11-4-15
1. Current Events
5. Test strategies
3. Review as a class
2. Review Sheet
Thursday 11-5-15
1. Current Events
2. Unit 3 test
3. Binder Check
4. Unit 4 pre-test
4. Film on Debt - 20 short films you must see
Friday 11-6-15
1. Current Events
2. Library Assignment - #55
3. Pick Stocks #56, (1)
3. GDP – notes (start 4th unit)
Week 10
Monday 11-9-15
1. Current Events
2. Check Stocks
3. GDP – notes (start 4th unit)
3. Business Cycles
6. What keeps a business cycle going and why it is hard to predict
6. Start chap 12, sec 3
Tuesday 11-10-15
1. Current Events
2. Check Stocks (2)
4. Quick Check GDP and Business Cycle
3. Review Units 1,2, and 3 in groups
Wednesday 11-11-15
1. Current Events
2. Check Stocks (7)
4. Chapter 12, sec 3 1-5
5. Check questions
3. Measuring economic growth
4. Unemployment – webgraph (3 types)
Thursday 11-12-15
1. Current Events
2. Check Stocks
3. Michigan Unemployment – facts about it and how system works (Computers) #41
4. unemployment notes
Friday 11-13-15
1. Current Events
2. Check Stocks
4. Inflation – notes
3. Poverty Notes
6. Review main ideas
3. Review Sheet
Week 11
Monday 11-16-15
1. Current Events
2. Check Stocks (8)
4. Quick Check - unemployment, poverty, inflation
3. Review Sheet - as a class
Tuesday 11-17-15
1. Current Events
2. Check Stocks (8)
3. Unit 4 test
5. Unit 5 pre-test
Wednesday 11-18-15
1. Current Events
2. Check Stocks
3. Intro to Taxes
4. Progressive vs. proportional taxes poster
5. Present poster
Thursday 11-19-15
1. Current Events
2. Check Stocks (9)
3. Quick check - types of taxes
4. Read chapter 14, section 2
5. Answer questions 1-4 and 7 #43
3. Check questions 1-4 and 7
4. Federal Spending notes
Friday 11-20-15
1. Current Events
2. Check Stocks (10)
5. Split into groups – state and local budgets and taxes
3. Things to write down from state and local
4. Fiscal Policy - notes
Week 12
Monday 11-23-15
1. Current Events
2. Check Stocks (11)
We the economy - the second part of that movie about money
5. Fiscal Policy – 3 types of economies – Table
4. President Assignment
5 Start Presenting
Tuesday 11-24-15
1. Current Events
2. Check Stocks (12)
4. President Assignment
2. Finish presenting the President Assignment
Week 13
Monday 11-30-15
1. Current Events
2. Check Stocks
5. Budget Deficit and National Debt notes
- Go back to chapter 10 and refresh on the history of the The Federal Reserve
4. Review over last weeks stuff
6. Read Chapter 16, section 1. Questions 1-5
4. Check 1-5
Tuesday 12-1-15
1. Current Events
2. Check Stocks3. Individual review with me
5. Review sheet – Give it to them early, I don’t plan on spending much time on it today
6. Federal Reserve Functions – notes
3. Group work (monetary policy tools) #45
4. Present Group work
Wednesday 12-2-15
1. Current Events
2. Check Stocks
4. Monetary policy and Macro Stabilization notes
2. Review sheet
3. Put Binders in order
Thursday 12-3-15
1. Current Events
2. Finish putting binders together
3. Quick Check - entitlement
4. Review as a class
3. Did you know powerpoint
http://www.youtube.com/watch?v=d8W1WuxGniE
Friday 12-4-15 ½ day
PM
Week 14
Monday 12-7-15
1. Current Events
2. Test – Unit 5
3. Binder Check
2. Unit 6 pre-test
Tuesday 12-8-15
1. Current events
2. Go over unit 5 test
5. Why nations trade - notes
read about comparative and absolute advantage in book
3. Trade Barriers and Agreements (table) #70
4. Check table
Wednesday 12-9-15
1. Current Events
4. Discuss Trade agreements and what they do
3. Quick Check - comparative advantage
2. Read Chapter 17, section 3
3. Answer Questions 1-5 #49
4. Check questions
Thursday 12-10-15
1. Current Events
5. Write down a few important things about currency
6. Find a Exchange rate table to look at together #72
2. Video about development
2. Levels of Development - notes
3. Level of Development (computer assignment) #50
Friday 12-11-15
1. Current Events
3. Talk about levels of development assignment
3. Graph Stocks
6. Introduce the brochure
Week 15
Monday 12-14-15
1. Current Events
4. Issues in Development (group work)
5. Present group work
3. Financing Development (Notes)
3. Review Sheet (15 minutes)
4. Brochure
Tuesday 12-15-15
1. Current Events
4. Transitions in Russia and Transition in China (Read pgs. 491 and 493)
3. Review as a class
2. Brochure
Wednesday 12-16-15
1. Current Events
2. Unit 6 test
2. Brochure
Thursday 12-17-15
1. Current Events
2. Brochure
3. Budgets
Friday 12-18-15
1. Current Events
2. Present Brochure
3. Personal Finance
Happy Winter Break!
Week 16
Monday 1-4-16
1. Current Events
2. Brochure
3. Pass back papers
4. What do you want to do when you grow up? - powerpoint
Tuesday 1-5-16
1. Current Events
2. Finish Brochure
3. What do you want to do when you grow up? - powerpoint
2. Shake Hands
Wednesday 1-6-16
1. Current Events
3. Present Brochures
2. Powerpoint
3. Applications
Thursday 1-7-16
1. Current Events
3. Powerpoint
3. Write Resume
Friday 1-8-16
1. Current Events
3. Resume
4. A day with glass - video
2. Powerpoint
Week 17
Monday 1-11-16
1. Current Events
2. Get review sheet for exam
2. Finish and turn in Resume
3. Finish Powerpoint
4. Saving and investing
Tuesday 1-12-16
1. Current Events
2. Present Powerpoint
3. Look at salaries of different jobs
2. Credit and Debt
Wednesday 1-13-16
1. Current Events
2. Interview questions
3. Opening and Managing a Checking account
Thursday 1-14-16
1. Current Events
2. Taxes
3. Other important personal finance info
Friday 1-15-16
1. Current Events
2. Review Sheet
3. Things every student should know.