December, 2014

Economics – 12/19/14

I.  Bellwork :  Q&A What is the topic of the graph? What do the x-axis and y-axis represent? What are some observations you can make based on the graph? What do you foresee happening about 5 years from now? II.  Objective: Explore the benefits and disadvantages associated with production (GDP) and consumption in a a market/capitalistic […]

Economics – 12/18/14

I.  Bellwork:  Business Week News Clip Page 346  Q&A Summarize the article. ( 3-4 sentences) What words or phrases identify the author’s point of view? Do you believe income inequality is a problem in our society?  Explain why or why not.. II.  Objective Analyze the stages in the business cycle, their impact on the economy, […]

Economics – 12/17/14

I. Bellwork: Four Square:  GPI offers useful counterpoint to GDP 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 problem. III. Review GDP Basics […]

Economics – 12/16/14

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 – 12/15/14

I.  Bellwork: Explain at least two ways you can tell if the economy is doing well. II.  Objective Explain the components of GDP and how economic growth is measured using GDP Determine the meaning of words and phrases as they are used in a text. III.  Discussion on GDP GDP Background Notes Video GDP REAL […]

Economics – 12/12/14

I.  Bellwork Q&A A. NCAA Athletes Should Not Be Paid – US News & World Report Identify and list three reasons the author provides for not paying student athletes. What does the author conclude? Do you agree or disagree with the author’s conclusion? Explain II.  Objective- Utilize a variety of prewriting strategies to generate, focus, […]

Economics – 12/11/14

I.  Bellwork 1.  Explain the symbolism used in the cartoon. 2.  Explain the main point of the cartoon. II.  Objective- Integrate information from diverse sources, both primary and secondary, into a coherent understanding of an idea or event, noting discrepancies among sources. Evaluate authors’ differing points of view on an issue by assessing the authors’ […]

Economics – 12/10/14

I.  Bellwork: Examine the top 5 types of federal expenditures in Figure 10.2 on page 269. Classify each as to whether they are entitlement or nonentitlement programs. (Hint:  see the definition for entitlement) II.  Objectives Demonstrate and apply an understanding of the various aspects of fiscal policy (spending and taxation) and its impact on society. […]

Economics – 12/09/14

I.  Bellwork: Q&A Describe how symbolism is used in the cartoon Describe the irony of this cartoon.. What is the main message this cartoon is attempting to communicate? Do you agree with the message? Explain   II.  SWBAT: stabilize to deficit to 60% or less of GDP by 2024 by cutting expenditures and raising revenue […]

Economics – 12/08/14

I.  Bellwork: Q&A Page 282-283 Create a Circle Map – Attempts to Reduce the Debt & Deficit ( Examples > 5) Explain if any of these attempts have been successful? II.  Objective: Review and discuss the issues involving government expenditures and the budget. Determine the central ideas or information and provide an accurate summary that […]

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