April, 2014
Economics – 5/01/14
I. Bellwork: Q&A Page 231 Economic Analysis Page 235 Economic Analysis II. Objective: Analyze and evaluate the methods in which the government generates revenue. Identify and classify the taxes as progressive, regressive, and proportional according to the methods implemented to generate revenue. III. Discussion/Notes: Progressive, Regressive, and Proportional Taxes Interactive– Types of Taxes Review Quiz […]
Economics – 4/30/14
I. Bellwork: Q&A- List 5 Government Regulatory Agencies and describe their functions (See Section 7-3) II. Objectives: Determine the meaning of words and phrases as they are used in a text. Identify and Explain: o Impact of taxes on the economy o Criteria for Effective taxes o Principles of Effective taxes o Three categories of […]
Economics – 4/29/14
I. Bellwork Q&A If a new bridge to Canada is built: Provide and explain an example of a negative externality. Provide and explain an example of a positive externality. II. Objective Identify the purpose of legislation which constrains the functions of business structures. Examine the role of the government and legislation in correcting market failures. […]
Economics – 4/28/14
I. Bellwork Q&A What is happening in the picture? Who is impacted? How are they impacted? Why do you believe this is being allowed? II. Objective: Identify common circumstances related to market failures and the impact externalities have on society. Evaluate various explanations for actions or events and determine which explanation best accords with […]
Economics – 4/17/14
I. Bellwork https://money.cnn.com/2014/04/14/news/economy/beef-prices/ Identify the two factors causing the price of beef to increase Demonstrate what is happening to the Supply & Demand Curves by using a graph. II. Objectives: Examine the importance of entrepreneurs in a market economy as they attempt to obtain capital and financing to support their endeavors. Demonstrate understanding of written, […]
Economics – 4/16/14
I. Bellwork: Q&A Page 165 19 a-c II. Objective: Chapter 6 Assessment: Analyze how prices change through the interaction of buyers and sellers in the market and the impact of price controls III. Turn in Chapter 6 Review Sheet IV. Classwork Discuss Chapter 6 iLearn Questions Page 165 #23 a-d 4th & 6th hour Supreme […]
Economics – 4/15/14
I. Bellwork Q&A A. Graph an example of a Price Floor Who benefits from it? What does it create (shortage/surplus)? Provide an example. B. Graph an example of a Price Ceiling. Who benefits from it? What does it create (shortage/surplus)? Provide an example II. Objectives: Analyze and provide examples of how price controls are practiced […]
Economics – 4/14/14
I. Bellwork Q&A Economics Analysis Pages 157, 158, and 159 (Hint find equilibrium) II. Objective Review and discuss principles and concepts as they relate to the determination of price. Analyze and provide examples of the practice of price controls. Evaluate various explanations for actions or events and determine which explanation best accords with textual evidence […]
Economics – 4/11/14
I. Bellwork Q&A Page 155 Examining the Newsclip 1-2 #3 What two industries are competing for polysilicon? II. Objective Evaluate various explanations for actions or events and determine which explanation best accords with textual evidence. Analyze the impact of a change in public policy (price ceilings and price floors) on consumers, producers, workers, savers, and […]
Economics – 4/10/14
I. Bellwork Q&A From a starting point of D & S What is the current equilibrium price? What is the new price if demand remains constant and supply increases to S2? What would be the new price if demand decreases to D1 and Supply increases to S2? What would be the price if demand remains constant […]