Friday, September 13, 2019

Sep 16 - 20

Monday:
  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. Stossel Video “Does Outsourcing Hurt the U.S.” (Stossel Macroeconomics)
  5. Worksheet on Absolute/Comparative Advantage
  6. Learning to Trade Worksheet
  7. DIGI Questions
Tuesday:
  1. Journal - What is the difference between comparative and absolute advantage?
  2. DIGI Review
  3. Notes on Trade Barriers
  4. Win-Win Trading Game 
  5. Stossel Video on “Boycotts of Sweatshop Products” (Stossel Macroeconomics)
  6. Worksheet on Trade Barriers
  7. DIGI Questions
Wednesday:
  1. Journal – How are trade barriers good? How are they bad?
  2. Vocab Quiz
  3. DIGI Review
  4. Notes on Exchange Rates
  5. Worksheet on Exchange Rates
  6. Chap 17 Review Worksheet
  7. Notebook Checksheet
  8. Study Guide
  9. DIGI Questions
Thursday:
  1. Review for Test
  2. Finish Notebooks
Friday:
1. Test on Unit 4
2. Notebooks Due

Friday, September 6, 2019

Sep 9-13

Monday:
  1. Journal – Explain the two tools that the Fed uses to maintain the economy.
  2. Notes on Fiscal Policy
  3. Stossel Video “Broken Windows” (Macro)
  4. Worksheet on Fiscal Policy
  5. DIGI Questions
Tuesday:
  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
Wednesday:
  1. Journal – Explain what Fiscal Policy is and how it works
  2. Fiscal vs Monetary Policy Quiz
  3. Talk about old test questions
  4. Work on Fed Brochure Project
Thursday:
  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
Friday:
  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

Tuesday, September 3, 2019

Sep 2 - 6

Monday:

Labor Day Holiday

Tuesday:
  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. Discuss/Hand Out/Federal Reserve Brochure Project
  6. Worksheet on Monetary Policy
  7. Worksheet on Monetary Policy and Macrostabilization
  8. DIGI Questions
Wednesday:
  1. Journal – What are the main tools of Monetary Policy?
  2. Vocab Quiz
  3. Work on Fed Brochure Project
Thursday:
  1. Journal – What are the main tools of Monetary Policy?
  2. DIGI Review
  3. Work on Fed Brochure Project
  4. Review for Test
Friday:
  1. Test on Unit 3
  2. Notebooks Due

Friday, August 23, 2019

August 26 - 30

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. Inflation/Business Cycles
  7. Economic Cartoons
  8. DIGI Questions
Wednesday:
  1. Journal - Why is inflation bad?
  2. DIGI
  3. World GDP Map
  4. Notes – GDP
  5. GDP/GDP Formula Worksheet
  6. All About GDP
  7. 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. Discuss/Hand Out/Federal Reserve Brochure Project
  6. Worksheet on Monetary Policy
  7. Worksheet on Monetary Policy and Macrostabilization
  8. DIGI Questions

Friday, August 16, 2019

Aug 19 - 23

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. A Market in Wheat Simulation
  5. Elasticity of Demand Worksheet
  6. Worksheet - Graphing “A Market in Wheat”/Supply and Demand (Movie Prices)
  7. 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. Journal – Are price floors and ceilings ever a good idea?  Explain.
  2. DIGI Review
  3. Vocab Quiz
  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

Friday, August 9, 2019

Aug 12-16

Monday:
  1. Circular Flow Diagrams
  2. Circular Flow Worksheet
  3. Marx vs Smith Comparison
  4. NB Check Sheet
  5. Talk about test
  6. Begin Working on Website Project
Tuesday:
  1. Test
  2. Notebooks Due
  3. Continue Working on Project
Wednesday:
  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
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

Friday, August 2, 2019

August 5 - 9

Monday:
  1. Journal – Think of a job you might like to do for a career.  Describe the factors of production for that job?
  2. “Did I Get It?” Review
  3. Notes – Opportunity Cost
  4. Production  Possibilities Curve Worksheet
  5. Scarcity and Opportunity Cost Worksheet
  6. Did I Get It? Questions
Tuesday:
  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
Wednesday:
1.     Class Meeting Assembly
2.   Out of the Box Assignments and Notebook
2.     Pre-Test
3.     Scarcity Game

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