Economics – 6/04/2015

 

I.  Bellwork

Which of the two measures listed below do you believe is the best for determining unemployment?  Explain.

II.  Objective:

• Students will review and apply concepts and principles relating to the three major economic indicators.
• Integrate and evaluate multiple sources of information presented in diverse formats in order to address a question or solve a problem.

III..  Chapter 13 Test What to know?

• Identify Business Cycle Phases
• Recession and Depression
• What events led to the Great Depression and what followed?
• Changes in the Economy after WWII
• Different Types of Inflation (Hyper, Creeping, Stagflation)
• Different Causes of inflation (Wage Price, Demand Pull, Cost Push, Monetary Policy)
• Deflation
• Inflation Winners & Losers
• How inflation impacts the economy?
• Identify those not included in the labor force
• Types of Unemployment and examples 13-3 Free Enterprise Activity 19  & yesterday’s links
• Economic Indicators from 13 Free Enterprise Activities 18

IV.  Chapter 13 iLearn Test

 

 

 

Economics W2015