Economics – 5/27/15

I.  Bellwork:

Four Square:  GPI offers useful counterpoint to GDP

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’ claims, reasoning, and evidence.

III. Review GDP Basics

1. Which of the following would be included and excluded from the GDP of the United States?
2. Baking a cake for your mother
3. Clothes bought at a resale shop
4. Limousine service for homecoming
5. Money from illegal gambling
6. Washing your dishes
7. A car made in Detroit and sold in Canada
8. A processor to make a new computer
9. The U.S. Gov’t buying a Russian helicopter

IV.  iLearn 12-1 Test – Ends Thursday @ 4:30 pm

V.  Senior Final Tomorrow – Study

• Look over Review Sheet
• Complete the Post Test on iLearn

VI.  Should College Athletes Be Paid?

• ESPN 30 For 30 Sole Man 6 : Sonny, Ed and the NCAA
• Stossel Video: Should We Pay College Athletes?
• V.  Page 167 Analyzing the Issue

A.  Notebook: Construct Double Bubble:  Thinking Map (Should College Athletes Be Paid? Yes & No) Based upon Reading & Video

Economics W2015