Economics – 9/24/14

I.  Bellwork

• Page 38  Figure 2.1  Economic Analysis Q&A
• Page 40  Figure 2.2 Economic Analysis Q&A

II.  Objective:

• Identify and apply the achievement of economic goals which are used to evaluate economic performance.
• Integrate information from diverse sources, both primary and secondary, into a coherent understanding of an idea or event, noting discrepancies among sources.

III Review Section 2.1

• 2.1 Flashcards
•  Descriptions of Economic Systems

IV.  Discussion : 2-2 Evaluating Economic Performance pgs. 43-46

A.  Notebook Work:  Economic Goals & Examples.

• Create a Tree Map and  with examples for each goal from the text

B.  Application of Economic Goals

• Economic Freedom & Quality of Life
• Minimum Wage – History &  States
• Michigan Lemon Law
• Right of Rescission
• Doctor Zhivago Comes Home

V.  Classwork:  Exit Ticket – Q&A

1. Today, I learned about……..
2. The thing I found the most interesting was…………..
3. The Economic Goal I believe is the most important is………….because……….
4. The Economic Goal I believe is the least important is………….because……….

Economics F2014