Lesson on Tuesday, November 13, 2018 (L45)

Today we worked on our Market Structures Project

Home Learning: Complete your project! 

Lesson on Friday, November 9, 2018 (L44)

Aim: Why do businesses in different industries experience varying degrees of competition in a market economy and what is the impact of that competition on consumers, society and the government?  

1. Bell Ringer:  Journal 41 – To what extend do you think government should be involved in the free enterprise economy? Defend your answer. 

Objectives: 

2. 1. Students will compare the basic characteristics of the four market structures (monopoly, oligopoly, monopolistic competition, pure competition). 

Agenda: 

1. 1. Bell Ringer (10 min) 

2. 2. Market Structures Quiz (10 min) 

3. 3. Students are to continue working on their "Market Structure Project"  

4. 4. Grade journals 31-40 

Home Learning:  

1. Continue working on the Market Structures Project 

2. Bring your Economics Text Book to class.

Lesson on Monday & Wednesday, November 5 & 7, 2018 (L43)

 Aim: Why do businesses in different industries experience varying degrees of competition in a market economy and what is the impact of that competition on consumers, society and the government?  

Bell Ringer:  Section 3 Review, 3 - 5 

Objectives: 

1. 1. Students will compare the basic characteristics of the four market structures (monopoly, oligopoly, monopolistic competition, pure competition). 

Agenda: 

1. 1. Bell Ringer (10 min) 

2. 2. Complete 'Price & Decision Making' Concept Map and Note-taking guide presentations. (rest of class)  

3. 3. Complete the note-taking guide as each group presents their designated topic. 

4. 
   
5. 4. INTRODUCE PROJECT 

Home Learning:  

1. Begin Market Structures Project 

2. Tomorrow's S/A response question: 

1. Choose one market structure covered in class. Describe the role of the seller(s), buyer(s), and how your chosen market structure compares to another market structure.    

1. Sellers (3pts) 

2. Buyers (3pts) 

3. Compare/Contrast market structures (4pts)

Lesson on Friday, November 2, 2018 (L42)

Aim: Why do businesses in different industries experience varying degrees of competition in a market economy and what is the impact of that competition on consumers, society and the government?  

Bell Ringer:  Journal 40 – Which agencies listed in the table are familiar to you? Which affect you directly? Why? Re: Figure 7.4 

Objectives: 

1. Students will compare the basic characteristics of the four market structures (monopoly, oligopoly, monopolistic competition, pure competition). 
2. 
   

Agenda: 

1. 1. Bell Ringer (10 min)  

2. 2. Current Events (10 min) 
3. 3. Negative Externalities & Market Failure  
   
   https://www.youtube.com/watch?v=nW0Gl_CFoJU 

3. 4. Begin 'Market Structures' Concept Map and Note-taking guide presentations. (rest of class)  

4. 5. Have students complete the note-taking guide as each group presents their designated topic. 
5. 
   

Home Learning: Complete Concept Map

Lesson on Thursday, November 1, 2018 (L41)

Aim: Why do businesses in different industries experience varying degrees of competition in a market economy and what is the impact of that competition on consumers, society and the government?  

Bell Ringer: Read p. 184 "Spotlight on the Economy" re: Lord of the Rings. 

Objectives: 

1. 1. Students will compare the basic characteristics of the four market structures (monopoly, oligopoly, monopolistic competition, pure competition). 

Agenda: 

1. Bell Ringer (10 min)  

2. Journal 39 – How does lack of competition increase prices for the consumer? (10 min)  

3. Have students work on a concept map about their assigned section of the Market Structures note-taking guide. (rest of class) 

****CONCEPT MAPS ARE DUE TODAY, NOT TOMORROW. I AM EXPECTING TO SEE THEM IN MY MAILBOX WHEN I WALK IN FRIDAY AT 7AM****

Home Learning:  

NO HW! =)

Lesson on Wednesday, October 31, 2018 (L40)

Aim: Why do businesses in different industries experience varying degrees of competition in a market economy and what is the impact of that competition on consumers, society and the government?  

Bell Ringer: Read "Profiles in Economics" re: Bill Gates (10 min) p.178   

Bell Ringer: CNN10 (current events) 

Objectives:  

1. 1. Students will compare the basic characteristics of the four market structures (monopoly, oligopoly, monopolistic competition, pure competition). 

Agenda: 

1. 1. Review vocabulary terms: Laissez-faire, market structure, perfect competition, imperfect competition, monopolistic competition, product differentiation, nonprice competition, oligopoly, collusion, price-fixing, monopoly, natural monopoly, economies of scale, geographic monopoly, technological monopoly, government monopoly. 

2. 2. Have students complete the note-taking guide (Market Structures) using their textbook (McGraw-Hill Economics Principles and Practices pp. 168-167193), online resources, or class notes as appropriate. (rest of class) 

Home Learning: Complete your designated section of the note-taking guide.