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.

Lesson on Tuesday, October 30, 2018 (L39)

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  

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. Journal 38 – If Americans traditionally dislike monopolies, why do some monopolies exist today? What types of monopolies are they, and what are their characteristics? (10 min) 

3. 3. 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) 
4. 
   

Home Learning:  

1. Work on designated section of the NTG  

2. Section 2 Review: 2 – 4 / to be completed in the additional boxes located at the end of the NTG

Lesson Plan on Monday, October 29, 2018 (L38)

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:  Review Journal 37 

Objectives: 

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

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

Agenda: 

1. 1. Bell Ringer (10 min) 

2. 2. Introduce Chapter 7 (handout: assumptions) 

https://www.youtube.com/watch?v=9Hxy-TuX9fs  (Market Structures) (10/15 min) 

3. Assign groups. (5 min) 

4. 
   
5. 3. 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. Teachers may want to guide students through completing the notes, have students work in small groups, or independently. (rest of class) 
6. 
   

Home Learning:  

1. Work on designated section of the NTG Section 1 Review: 2 – 5 / to be completed in the additional boxes located at the end of the NTG

Lesson on Thursday, October 25, 2018 (37)

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: Review Previous Exam 

Objectives: 

1. 
   
2. 1. SS.912.E.1.6: Compare the basic characteristics of the four market structures (monopoly, oligopoly, monopolistic competition, pure competition).  

Agenda: 

1. 1. Bell Ringer (10 min) 

2. 2. Read page 10 on “Building Wealth” (5 min) 

3. 3. Journal 34 – Describe Compound Interest. (10 min) 

https://www.youtube.com/watch?v=wf91rEGw88Q  

4. 
   
5. 4. Read page 11-13  on “Building Wealth” (5 min) 

5. 5. Journal 35 – List and describe the different types of savings accounts. (10 min) 

https://www.youtube.com/watch?v=3QuYcbJUNSQ types of bank accounts.  

6. 
   
7. 6. Read pages 12-16 (15 min) 

7. 7. Journal 36 – What are the different types of bonds? (10 min) 

https://www.youtube.com/watch?v=IuyejHOGCro  

Home Learning:  

Journal 37 – What's the difference between a debit and credit card?  

https://www.youtube.com/watch?v=YnVDNeclMI8