I.  Bellwork A.   Which of the two measures listed below do you believe is the best for determining unemployment?  Explain II.Objectives Calculate the unemployment rate by interpreting and analyzing numerical data. Analyze various scenarios to Identify the type of unemployment involved. III.  Classwork 2.2 Unemployment Practice Module 12 & 13 Questions

I.  Bellwork:  Please, can someone brief the president on the unemployment rate?  What statement did President Trump make about unemployment?  Explain what the problem is with this statement. II.  Objectives Explain the 3 different types of unemployment and their causes Identify the factors that determine the natural rate of employment III.  Cause and Categories of […]

I.  Bellwork Kahoot – What is GDP? II.  Objectives Differentiate between real and nominal GDP Explain why real GDP is the appropriate measure of real economic activity III.  Discussion:  Interpreting Real GDP Pgs115-119 A.  What GDP Tells Us B.  Real GDP: A Measure of Aggregate Output Calculating Real GDP REAL GDP REAL vs. Nominal GDP […]

I.  Bellwork A. Explain the message of this cartoon? B. What is your opinion of the cartoon? II.   Objectives: Explain how economists use aggregate measures to track the performance of the economy Interpret the circular flow diagram of the economy Define and calculate GDP III.  Discussion/Notes A.  The Circular – Flow Model The Simple […]

I.  Bellwork Explain the symptoms of an economy that is doing poorly. II.  Objectives: Analyze the stages in the business cycle, their impact on the economy. Explain the 3 main economic goals in relation to the stages of the business cycle. III.  Introduction to Macro Economics Pages 10-15 A.  Analyze the Business Cycle (Macro) Episode […]

I.  Bellwork    A.   Google Classroom  – NetFlix Article II.  Objectives: Analyze, create models, and explain  (using data from PPCs or tables as appropriate) how specialization according to comparative advantage with appropriate terms of trade can lead to gains from trade. Create and explain (using graphs as appropriate) the relationship between the price of a good […]

I. Bellwork Summarize what happened and why? Explain the economic impact of the decision and provide your opinion A Luxury Dish Is Banned, and a Rural County Reels II. Objectives: Explain (using data from PPCs or tables as appropriate) how specialization according to comparative advantage with appropriate terms of trade can lead to gains from […]

I.  Bellwork Learning Goals on Google Classroom II.  Objectives Explain how scarcity and choice are central to the study of economics Differentiate between positive economics and normative economics Recognize when Economists agree and why they sometimes disagree Determine what makes macroeconomics different from microeconomics III.  Discussion/Overview:  Clifford PPT 1.1 Introduction A. Individual Choice Resources are Scarce […]

I.  Bellwork:  Based upon last semester in AP Micro Econ:     A.  Explain what you like and what you didn’t  like about the course. II.  Objectives: Review and discuss course procedures and objectives III. Important Dates Micro AP Exam May 13 – Noon Macro AP Exam May 14 – Noon Senior Finals/Last Days for Seniors […]