Feb 25 - Mar 1

Monday:

1. Journal – Explain what Fiscal Policy is and how it works.
2. DIGI Review
3. Notes – Taxes
4. Stossel Video: Is Government Too Big (Macro)
5. Stossel Video: Government Growth (Macro)
6. Worksheets on Taxes
7. Yes, I Love Taxes Reading
8. DIGI Questions

Tuesday:

1. Journal – Explain where the federal government gets most of its revenue.  Is this a good thing?
2. DIGI Review
3. Debt vs. Deficit
4. Stossel Video: Federal Spending (2009)
5. Are We Heading Toward a Debt Crisis (Stossel – Making Econ Come Alive)
6. Debt Work
7. DIGI Questions

Wednesday:

1. Journal – Explain the difference between National Debt and National Deficit.  Which is worse?
2. DIGI Review
3. Notes on Federal Spending and State Taxes
4. Stossel Video on Pork Barrel Spending (Stossel Macroeconomics)
5. Video on Budget Cuts Visualization
6. Federal Spending/State Taxes Worksheet
7. Review/Cartoon Worksheet
8. DIGI Questions

Thursday:

1. Journal – Explain what the Federal Government spends most of its budget on.  Is that a good thing?
2. Fiscal vs Monetary Policy Quiz
3. Talk about old test questions
4. Work on Fed Brochure Project

Friday:

1. Journal – Explain what the Federal Government spends most of its budget on.  Is that a good thing?
2. DIGI Review
3. Notes on Absolute/Comparative Advantage
4. Video Clip on Comparative Advantage
5. Stossel Video “Does Outsourcing Hurt the U.S.” (Stossel Macroeconomics)
6. International Trade: Criticisms and Responses (Stossel – Making Econ Come Alive)
7. Worksheet on Absolute/Comparative Advantage
8. Learning to Trade Worksheet
9. DIGI Questions

Feb 11-15

Monday:
Monetary Policy Game

Tuesday:

1. Journal – What are the main tools of Monetary Policy?
2. Vocab Quiz
3. Work on Fed Brochure Project

Wednesday:

1. Journal – What are the main tools of Monetary Policy?
2. DIGI Review
3. Work on Fed Brochure Project
4. Review for Test

Thursday:

1. Test on Unit 3
2. Notebooks Due

Friday:

1. Journal – Explain the two tools that the Fed uses to maintain the economy.
2. Notes on Fiscal Policy
3. Video clip on Fiscal Policy
4. Stossel Video “Broken Windows” (Macro)
5. Worksheet on Fiscal Policy
6. DIGI Questions

Feb 4 - 8

Monday:

1. Journal – What do you know about our how our nation’s economy is really managed?  Explain who makes the decisions that really affect it?
2. Unemployment Scenarios
3. Notes – Unemployment
4. Stossel Video – Unemployed Steel Workers (Macro)
5. Worksheet on Unemployment
6. Unemployment Scenario/Writing Assignment
7. DIGI Questions

Tuesday:

1. Journal – Is unemployment always bad?
2. DIGI Review
3. Bag of Mystery
4. Notes – Inflation
5. Video clips: “Inflation”
6. Stoseel Clip – Gas Prices (Macro)
7. Inflation/Business Cycles
8. Economic Cartoons
9. DIGI Questions

Wednesday:

1. Journal - Why is inflation bad?
2. DIGI
3. World GDP Map
4. Notes – GDP
5. Video clips: “GDP” and “Real vs Nominal”
6. GDP/GDP Formula Worksheet
7. All About GDP
8. DIGI Questions

Thursday:

1. Journal – Explain how we can measure the “health” of a country’s economy.
2. DIGI Review
3. Notes – The Fed
4. Structure and Function of the Federal Reserve/Business Cycles
5. Chap 12 & 13 Crossword
6. DIGI Questions

Friday:

1. Journal - How is the Federal Reserve different than a “regular” bank?
2. DIGI Review
3. Creating Money Demonstration
4. Notes on Monetary Policy
5. Video clip on Monetary Policy
6. Discuss/Hand Out/Federal Reserve Brochure Project
7. Worksheet on Monetary Policy
8. Worksheet on Monetary Policy and Macrostabilization
9. DIGI Questions

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