Economics – 12/05/14

I.  Bellwork: Q&A

A.  Construct a formula which demonstrates what needs to happen to cause each of the following:

  1. Surplus
  2. Deficit
  3. Balanced Budget

B.  Explain the difference between the deficit and the debt.

II.  Objective:

  • Examine the issues surrounding taxation, spending, and the budget crisis.
  • Evaluate various explanations for actions or events and determine which explanation best accords with textual evidence
  • Integrate information from diverse sources into a coherent understanding of an idea or event

III.  10.1 & 10.2 iLearn Quiz closes Monday @ 8 am

IV.  Classwork

A.  D.C. Forgets About the Debt

B.   I.O.U.S.A.: Byte-Sized – The 30 Minute Version

  • 3-2-1 Write (Use Sentences)
    • (3 Things You Learned, 2 Things Interesting, 1 Things You don’t Understand or Have Questions About.
  • 1-paragraph: If you were in charge of the federal budget, what are some ways you would attempt to reduce the deficit?

V.  Chapter 10 Review– Test Tuesday (Chapters 9 & 10)


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