Economics – 1/21/16

I. Bellwork
• Describe the symbolism in the cartoon.
• Explain the author’s message.

globalization and free trade

II.  Objective:

  • Analyze how the decisions made by a country’s central bank (or the Federal Reserve) impact a nation’s economy and international trade
  • Determine the central ideas or information of a economic cartoon; describe the symbolism and provide an accurate summary that makes clear the relationships among the key details and ideas.

III. Discussion Topics

A.  Tight and Easy Monetary Policy

B.  Complete the table below:

  How is it created? Impact on Imports Impact on Exports Impact on the Balance of Trade
Strong Dollar        
Weak Dollar        

C.  Monetary Policy Flash Cards

IV.  Classwork:

A.  Construct a Cause & Effect Map based on the information in the table above:

B.  Using pages 402-407 Construct 8 multiple choice questions- Circle correct answers

V.  Summative Homework: Due Monday Not Extra Credit

  1. Select the link:  https://sffed-education.org/chairman/
  2. Read and follow the directions on how to play the game.
  3. When you win, hit CTRL & PRTSC to copy the screen.
  4. Paste it on a Word document
  5. Type a paragraph 4-6 sentences about the decisions you had to make, your strategy, and any problems you encountered.
  6. Print it off or email it to me. farhoua@dearbornschools.org

Scoring: 10 summative

  • Successful completing and copy of the screen. 5 pts
  • Typed Paragraph (4-6 sentences) about the decisions you had to make, your strategy, and any problems you encountered. 5 pts


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