Economics – 9/06/13
I. Bellwork : Question & Answer
- Explain what is happening in the picture and why it is occurring?
II. Objective
- Define economics and its fundamental principles
- CCSS.ELA-Literacy.RH.11-12.4 Determine the meaning of words and phrases as they are used in a text.
III. Discuss: The Fundamental Economic Problem pages 1-8
- Scarcity & Choice Video
- Factors of Production
- TINSTAAFL
IV. Notebook Work – Copy
V. Classwork:
- Page 5 Vocabulary (12)
- Guided Reading Activity1-1- Q&A
VI. Quick Review
https://www.flashcardmachine.com/p/Section11
VII. Ticket Out
- How confident are you that you know the concepts?
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