May, 2014

Economics – 5/30/14

I.  Bellwork:  Pgs 386-389 List the four characteristics of money. List the three functions of money. Explain the difference between M1 & M2. II. Objective: Examine the history of modern day banking the creation of the Federal Reserve Identify duties of the Federal Reserve and how it uses monetary policy as a means to achieve […]

Economics – 5/29/14

I.  Bellwork Q&A  (See chart below) Country Unemployment Rate % of Average Wage Received in Unemployment Benefits Length of Time Benefits Are Paid       U.S. 4.6% 48% 6 months Japan 4.2% 51% 1 year France 9.7% 58% 2 years Germany 10.4% 36% 5 years Source: The World Factbook, 2007. Which country had the highest unemployment benefits […]

Economics – 5/28/14

I. Bellwork Page R53 1-4 Q&A II.  Objective: Students will review and apply concepts and principles relating to the three major economic indicators. Integrate and evaluate multiple sources of information presented in diverse formats in order to address a question or solve a problem. III. Understand the importance of Economic Indicators 13 Free Enterprise Activities […]

Economics – 5/27/14

I.  Bellwork Examining the NewsClip 1-2 Q&A P.360 P 365 What type of inflation is the father discussing in the cartoon? II. Objective Apply the criteria for being unemployed and using various scenarios classify different types of unemployment including frictional, structural, and cyclical. Evaluate various explanations for actions or events and determine which explanation best […]

Economics – 5/22/14

I.  Bellwork: Why the Fed Worries Inflation Is too Low Based upon the article:  Summarize what the Fed is planning to do, the methods they will employ, and the reason the Fed believes this action is necessary. II. Objective Analyze the circumstances behind the various type of inflation that have occurred over  time. Provide an […]

Economics – 5/21/14

I.  Bellwork: Q&A Based upon the graph, explain in detail what happened between 2007-2011. How would you categorize as happening during the time that is shaded.  Explain why. II. Objective: Identify how inflation is measured, the causes of inflation, and its impact on the economy. III.  Discuss 13-2 Inflation pages 361-367 Inflation Video Inflation – […]

Economics – 5/20/14

I.  Bellwork: Page 351 Q&A A.  Why does the U.S. import fruit? B.  Analyzing the Issue 1-2 II. Objective Explain and identify  the stages of the business cycle and events leading up to and following the Great Depression III.  Videos (Macro) Episode 23: Business Cycles Figure 13.1 Business Cycles IV.  Notebook – Copy and label […]

Economics – 5/19/14

I. Bellwork: List 3 limitations of GDP and provide an example for each. P. 322-323 II. Objective: Examine factors that contribute to income inequality and programs that have been implemented to reduce poverty. Integrate and evaluate multiple sources of information presented in diverse formats and media in order to address a question or solve a […]

Economics – 5/16/14

I.  Bellwork: Q&A Identify each as being included or not included in the GDP of the United States. A car built in Michigan and shipped to Brazil A car made by Ford in Mexico TV made in China Buying lunch at Fordson A Toyota made in Tennessee A partially completed house A freeway II. Objective […]

Economics – 5/15/14

I.  Bellwork: Explain at least two ways you can tell if the economy is doing well. II.  Objective Explain how economic growth is measured using GDP and GNP Determine the meaning of words and phrases as they are used in a text. III.  Federal Budget Simulation (15 summative points)-On iLearn -Due Monday IV. Discussion on […]

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