Lesson on Friday, August 31, 2018

Aim: Are the roles of the entrepreneur, the consumer, and the government in the free enterprise system equally important, or is one more important than the other?  

Bell Ringer: Journal 9 – Choose one of the economic and social goals named in this section. How might the ways in which this goal is met change over time? / Use section 2. 

Objectives 

1. Students will compare how the various economic systems (traditional, market, command, mixed) answer the questions: (1) What to produce? (2) How to produce?; and (3) For whom to produce?  

2. Students will identify and explain broad economic goals. 

3. Students will differentiate and draw conclusions about historical economic thought theorized by economists. 

Agenda: 

1. Bell Ringer (10 min)  

2. Concept Map and Economic Systems note-taking guide presentations. (rest of class)  

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

Home Learning: Journal 10 – What distinguishes socialism from communism? (Use figure 2.2) 

Lesson on Thursday, August 30, 2018

Aim: How might major economic and social goals in the United States change in your lifetime?  

Bell Ringer:  YouTube video: https://www.youtube.com/watch?v=G3PwnKEHoCg  (Economic & Social Goals) 

Objectives: 

1. 1. Students will compare how the various economic systems (traditional, market, command, mixed) answer the questions: (1) What to produce? (2) How to produce?; and (3) For whom to produce?  

2. 2. Students will identify and explain broad economic goals.  

3. 3. Students will differentiate and draw conclusions about historical economic thought theorized by economists. 

Agenda: 

1. 1. Bell Ringer (10 min)    

2.      Journal 8 – What major themes can you identify in the list of seven economic goals?  (10 min) 

3. 2. Have students work on a concept map about their assigned section of the What is Economics? note-taking guide. (rest of class) 

Home Learning: "On-the-Job Video Gaming" on page 47. Questions 1-2 on a loose leaf./ Complete note-taking guide and concept map. 

Lesson on Wednesday, August 29, 2018

Aim: How does an economic system help a society with deal with the fundamental problem of scarcity?  

Bell Ringer: YouTube video: https://www.youtube.com/watch?v=B43YEW2FvDs  

Traditional Economies: https://www.youtube.com/watch?v=rG0_uMt0lKQ   

Journal 7 – What are the advantages and disadvantages of a traditional economy? 

Objectives: 

1. Students will compare how the various economic systems (traditional, market, command, mixed) answer the questions: (1) What to produce? (2) How to produce?; and (3) For whom to produce?  

2. Students will identify and explain broad economic goals.  

3. Students will differentiate and draw conclusions about historical economic thought theorized by economists. 

Agenda:

1. Bell Ringer (10 min)

2. Complete the note-taking guide (Economic Systems) using your textbook (McGraw-Hill Economics Principles and Practices pp. 32-53), online resources, or class notes as appropriate. (rest of class) 

Home Learning: Complete your designated portion of the note-taking guide (Economic Systems). Use online resources.  

Lesson on Tuesday, August 28, 2018

Chapter 1 Quiz was given today. You have until Thursday 3:00 pm to make it up.

Lesson on Monday, August 27, 2018

Aim: What is scarcity and the Factors of Production?  

Bell Ringer: Journal 6 – What are two ways to increase productivity?  

Objectives: 

1. Students will use geographic terms and tools to explain differing perspectives on the use of renewable and non-renewable resources in, the United States and the world. 

2. Students will identify the factors of production and why they are necessary for the production of goods and services. 

Agenda: 

1. 1. Bell Ringer 

2. 2. Check “Spotlight on Economy”  

3. 3. Finish presentations 

4. 4. Video Clip https://youtu.be/_PKH2wtDT3E

5. 5. What Is Economic? Quiz-Quiz-Trade 

Home Learning: Study for tomorrow’s quiz.