Jan 29 - Feb 2

Monday:

1. Journal - Why is it not always best to make as much of something as you can?
2. DIGI Review
3. Notes – Demand Elasticity (Chap 4 section 3)
4. Elasticity of Demand Video Clip
5. A Market in Wheat Simulation
6. Elasticity of Demand Worksheet
7. Worksheet - Graphing “A Market in Wheat”/Supply and Demand (Movie Prices)
8. DIGI Questions

Tuesday:

1. Journal – Describe “demand elasticity” in your own words.
2. DIGI Review
3. Quiz on Determinants of S&D
4. Notes on Floors and Ceilings
5. Minimimum Wage (Stossel Econ Comes Alive)
6. Price Gouging  (Stossel 2007)
7. Price Controls Worksheet
8. Worksheet on Combining S&D/Changes in Market Equilibrium
9. DIGI Questions

Wednesday:

1. Vocab Quiz
2. Journal – Are price floors and ceilings ever a good idea?  Explain.
3. DIGI Review
4. Notes on Market Structures
5. High Priced Fashion (Stossel 2008)
6. Discuss project that starts tomorrow.  They should read about the three business types.
7. Perfect Competition/ Monopoly Worksheet
8. Monopolistic Comp/Oligopoly Worksheet
9. DIGI Questions

Thursday:

1. Journal - Are monopolies always bad? Explain.
2. DIGI Review
3. Brief Discussion on Sole Proprietorship/ Partnership/ Corporation
4. Small Group Project– Creating Business Types Graphic Organizer
5. Worksheets on Sole Proprietorship/Partnership/Corporation
6. Notebook Check Sheet
7. DIGI Questions

Friday:

1. Test
2. Notebooks Due

Updated Calendar

Here is a copy of the updated calendar for the Econ portion of the semester.

Honors Economics Calendar

Jan 22 - 26

Monday:

1. Journal - What are some problems with a Free Market Economy?
2. DIGI Review
3. Talk about how test is a different kind of question, not just memorization
4. Discussion on what “Studying is and isn’t”
5. Notes: American Free Enterprise
6. Stossel Video on “Public vs Private”
7. Stossel Video on “Unintended Consequences” (2008)
8. Worksheet – Chapter 3, Sections 1 & 2
9. Worksheet – Chapter 3, Sections 3 & 4
10. Work on Projects if time
11. DIGI Questions

Tuesday:

1. Test
2. Notebooks Due
3. Continue Working on Projects

Wednesday:

1. Journal - How do you think demand is related to price?
2. Turn in Website Project
3. Notes – Demand (Chapter 4 section 1 and 2)
4. Movie Demand worksheet
5. Determinants of Demand Group Work
6. DIGI Questions

Thursday:

1. Journal – Explain how complimentary and substitute goods affect demand differently. Use Examples.
2. DIGI Review
3. Notes – Supply
4. Stossel Video – Farm Subsidies (Stossel 2010)
5. Ethanol Subsidies (Stossel Making Econ Come Alive)
6. Determinants of Supply Group Work
7. Worksheet: Movie Supply
8. DIGI Questions

Friday:

1. Journal - How is working with “Supply” different from working with “Demand”?
2. DIGI Review
3. Notes – Equilibrium Price
4. Video Clip Supply and Demand
5. Stossel in the Classroom Clip – Costs of “Free” Healthcare
6. Equilibrium Price Group Work
7. Worksheet: Reasons for Changes in Supply/Demand
8. DIGI Questions

Jan 15-19

Monday:
MLK HOLIDAY

Tuesday:

1. Journal - What are some problems with a Free Market Economy?
2. DIGI Review
3. Talk about how test is a different kind of question, not just memorization
4. Discussion on what “Studying is and isn’t”
5. Notes: American Free Enterprise
6. Stossel Video on “Public vs Private”
7. Stossel Video on “Unintended Consequences” (2008)
8. Worksheet – Chapter 3, Sections 1 & 2
9. Worksheet – Chapter 3, Sections 3 & 4
10. Work on Projects if time
11. DIGI Questions

Wednesday:

1. Circular Flow Diagram
2. Marx vs Smith Diagram
3. Stossel Video on Innovation or Collaboration or Income Disparity (Stossel 2013)
4. Continue Working on Website Project

Thursday:

1. Test
2. Notebooks Due
3. Continue Working on Projects

Friday:

1. Journal - How do you think demand is related to price?
2. Turn in Website Project
3. Notes – Demand (Chapter 4 section 1 and 2)
4. Movie Demand worksheet
5. Determinants of Demand Group Work
6. DIGI Questions

Jan 8-12

Monday:
SNOW DAY

Tuesday:

1. Journal – What grade do you hope to get in this class? What are you prepared to do to get that grade?
2. Setting up "Notebooks"
3. Notes – Scarcity
4. Video Clip on Scarcity
5. Stossel Video on Oil Supplies (2007)
6. Entrepreneurship (Stossel 2012)
7. Scarcity and the Factors of Prod./Vocabulary Puzzle
8. “Did I Get It?” Questions

Wednesday:

1. Journal – Think of a job you might like to do for a career.  What are some of the factors of production for that job?
2. “Did I Get It?” Review
3. Notes – Opportunity Cost
4. Video Clip on Opportunity Cost
5. Cash for Clunkers (Stossel 2012)
6. Production  Possibilities Curve Worksheet
7. Scarcity and Opportunity Cost Worksheet
8. Did I Get It? Questions

Thursday:

1. Journal – What does “opportunity cost” mean?  What was the opportunity cost of you coming to class today?
2. DIGI Review
3. Review Yesterday’s Worksheets
4. Notes – Economic Questions, Goals and Values
5. Stossel Video – Is Life Getting Worse (Macro)
6. Earned Success (Stossel – 2012)
7. Allocating Dorm Rooms Worksheet
8. DIGI Questions

Friday:

1. Vocab Quiz
2. Journal - Which of the six economic goals is most important? Why?
3. DIGI Review
4. Notes – Economic Systems
5. Introduce Project (So they can prepare for tomorrow)
6. Stossel Video on “The Role of Freedom in Prosperity”
7. Stossel Video on “Economic Freedom in the US, Hong Kong and India
8. Cartoon/Economic Detective Worksheet
9. DIGI Questions

Jan 4-5

Thursday:

1. Syllabus/Classroom Expectations/Rules
2. Introductions
3. Thinking like an economist (T/F quiz)

Friday:

1.      Class Meeting Assembly

2.      Scarcity Game

3.      Ball Demonstration