Economics – 12/16/15

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.  Chapter 9 & 10 Test – Tomorrow

• Review iLearn quiz for Chapter 9
• Chapter 9 Notes
• Chapter 9 Flashcards
• Chapter 10 Review Sheet
• Your Chapter 10 Notes

IV.  Classwork

A.  D.C. Forgets About the Debt

• Four Square

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

• 1-paragraph: If you were in charge of the federal budget, what are some ways you would attempt to reduce the deficit? Be Specific about taxes and spending

V.  Chapter 10 Review– Due tomorrow for Extra Credit

Economics F2015