Economics – 9/11/18
I. Bellwork:
Adam Smith Division of Labor– Q&A – Work with table partner
- Explain any difficulties you have with the text. List words and phrases that are unfamiliar.
- What is the importance of the division of labor according to Adam Smith?
- What evidence/example does he use to make his point?
- What claim is Adam Smith is attempting to make regarding the division of labor?
II. Objectives
- Cite specific textual evidence to support analysis of primary and secondary sources, connecting insights gained from specific details to an understanding of the text as a whole.
- Create examples of economic decisions identifying trade-offs and opportunity costs while examining the impact they have on the decision making process.
III. Section 1-2 Flash Card Review
IV. Quiz 1.1 -1.2
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