Jan 28 - Feb 1

Monday:

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. Price Gouging  (Stossel 2007)
6. Price Controls Worksheet
7. Worksheet on Combining S&D/Changes in Market Equilibrium
8. DIGI Questions

Tuesday:

1. Journal – Are price floors and ceilings ever a good idea?  Explain.
2. DIGI Review
3. Notes on Market Structures
4. High Priced Fashion (Stossel 2008)
5. Perfect Competition/ Monopoly Worksheet
6. Monopolistic Comp/Oligopoly Worksheet
7. DIGI Questions

Wednesday:

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

Thursday:

1.     Journals – Which business type do you think is best?  Why?

2.     DIGI Review

3.     Finish working on Project

4.     Notebook Check Sheet

5.   DIGI Questions

Friday:

1                1. Test

2                2. Notebooks Due

Jan 21 - 25

Monday:
MLK Holiday

Tuesday:

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

Wednesday:

1. Journal – Explain how complimentary and substitute goods affect demand differently. Use Examples.
2. DIGI Review
3. Notes – Supply
4. Determinants of Supply Group Work
5. Worksheet: Movie Supply
6. DIGI Questions

Thursday:

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

Friday:

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

Jan 14-18

Monday:

1. Journal - Which of the six economic goals is most important? Why?
2. DIGI Review
3. Notes – Economic Systems
4. Stossel Video on “The Role of Freedom in Prosperity”
5. Stossel Video on “Economic Freedom in the US, Hong Kong and India
6. Cartoon/Economic Detective Worksheet
7. DIGI Questions

Tuesday:

1. Journal - What are some problems with a Free Market Economy?
2. DIGI Review
3. Notes: American Free Enterprise
4. Stossel Video on “Public vs Private”
5. Stossel Video on “Unintended Consequences” (2008)
6. Introduce Project (So they can prepare for tomorrow)
7. Worksheet – American Free Enterprise
8. DIGI Questions

Wednesday:

1. Vocab Quiz
2. Circular Flow Diagram
3. Stossel Video on Innovation or Collaboration or Income Disparity (Stossel 2013)
4. Circular Flow Worksheet
5. Marx vs Smith Comparison
6. Discussion on what studying is and isn’t
7. Begin Working on Website Project

Thursday:

1. Talk about how test is a different kind of question, not just memorization
2. NB Check Sheet
3. Stossel Video on “Foreign Aid”
4. Continue Working on  Project

Friday:

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

Jan 7-11

Monday:

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

Tuesday:

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

Wednesday:

1.     Class Meeting Assembly

2.     Pre-Test

3.     Scarcity Game

Thursday:

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

Friday:

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