Economics – 11/19/12
I. Bellwork: Q&A
A. Page 231 Economic Analysis
B. Page 235 Economic Analysis
II. Objective:
- Analyze and evaluate the methods in which the government generates revenue.
III. Review: Taxes Video
IV. Discussion/Notes:
- Progressive, Regressive, and Proportional Taxes Interactive
- Types of Taxes Review Quiz
- Incidence of a tax/graphs pg 231
- https://www.thedailyshow.com/watch/thu-august-18-2011/world-of-class-warfare—warren-buffett-vs–wealthy-conservatives
- https://www.thedailyshow.com/watch/thu-august-18-2011/world-of-class-warfare—the-poor-s-free-ride-is-over
V. Notebook Work–
- Page 229 Criteria for Effective Taxes
- Copy and complete reading strategy diagram
VI. Classwork:
- Page 236 #2-8 Q&A
- Explain in a paragraph which category of tax you believe is the best to implement and generate revenue.
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