I.  Bellwork: Why the Fed Worries Inflation Is too Low Based upon the article:  Summarize what the Fed is planning to do, the methods they will employ, and the reason the Fed believes this action is necessary. II. Objective Analyze the circumstances behind the various type of inflation that have occurred over  time. Provide an […]

I.  Bellwork:   Based upon the graph, explain in detail what happened between 2007-2011.  How would you categorize the time that is shaded.  Explain why. II. Objective: Identify how inflation is measured, the causes of inflation, and its impact on the economy. III.  Discuss 13-2 Inflation pages 361-367 Business Cycle Inflation Video Inflation – Winners […]

I.  Bellwork: Page 351 Q&A A.  Why does the U.S. import fruit? B.  Analyzing the Issue 1-2 II. Objective Examine the stages of the business cycle and events of the Great Depression III.  Videos (Macro) Episode 23: Business Cycles Figure 13.1 Business Cycles IV.  Notebook – Copy and label V.  Section 12-1 Test – Ends […]

I. Bellwork: Which of the following would be included and excluded from the GDP of the United States? Baking a cake for your mother Clothes bought at a resale shop Limousine service for prom Money from illegal gambling Washing your dishes A car made in Detroit and sold in Canada A processor for a new […]

I.  Bellwork: Q&A Write the formula for GDP and identify what each letter represents. How are Net Exports determined? II. Objective Examine and discuss the components of GDP and alternative measures of determining economic growth. III. Think about your Economics Poster Board Project due 5/23 IV. Chapter 9 & 10 Retake: Today after school Bring […]

I.  Bellwork: Q&A Identify each as being included or not included in the GDP of the United States. A car built in Michigan and shipped to Brazil A car made by Ford in Mexico TV made in China Buying lunch at Fordson A Toyota made in Tennessee A partially completed house A freeway II. Objective […]

I.  Bellwork: Q&A Page 287 #37 Q&A II. Objective Explain how economic growth is measured using GDP and GNP Determine the meaning of words and phrases as they are used in a text. III.  Project- Economic Poster Board Project Think about your Economics Poster Board Project due 5/23/13 On Monday you must have a project proposal […]

I.  Bellwork: Explain in detail the negative impact crowding-out has on the economy.  What occurs when it is difficult for  private businesses and citizens to obtain financing? – 1 paragraph II. Objective: Apply understanding of the concepts and applications of governmental revenue generation and expenditures. Evaluate various explanations for actions or events and determine which explanation […]

I.  Bellwork: Q&A Page 279 Economic Analysis Page 280 Economic Analysis Page 282 Economic Analysis 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 III. Classwork  Chapter 9 & 10 Quick Review IV.  Tomorrow – Chapter […]

I.  Bellwork: Q&A Create a Double Bubble Map comparing State and Local spending – Page 273 II.  Objective: Examine the historical aspects and impact of the deficit and government spending. Evaluate various explanations for actions or events and determine which explanation best accords with textual evidence III. Wednesday – Chapter 9 & 10 Test Combined […]