Economics – 12/09/14

I.  Bellwork: Q&A

1. Describe how symbolism is used in the cartoon
2. Describe the irony of this cartoon..
3. What is the main message this cartoon is attempting to communicate?
4. 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 in a simulation then reflect upon their decisions and the rationale behind them.
• Integrate and evaluate multiple sources of information presented in different formats in order to address a question or solve a problem.

III.  Budget Simulator | Committee for a Responsible Federal Budget

(30 summative points) –

• Stabilizing the deficit at 60% or less of GDP and submitting on iLearn – 10 pts
• Completing a detailed Budget Simulation Analysis for each category with clear rationale behind each decision. –16 pts
• Explain two of your most difficult budget decision on the simulation and explain why they were so difficult for you to make. – 4 points

IV.  Chapter 9 & 10 Test on Wednesday (Study)

• https://www.federalbudgetchallenge.org/pages/overview
• https://www.econedlink.org/national-budget-simulator.php

Economics F2014