Economics F2016

Economics – 10/26/18

I.  Objectives: Q&A A. Provide an example of 3 fixed costs a business may have. B. Provide an example of 3 variable costs a business may have. II Objectives Construct and analyze the production function and other decision making models which are used to make business decisions. Determine the meaning and functions of words and phrases […]

Economics – 1/24/2017

I.  Bellwork A.  Questions & Answers – Section 16-2 List 5 ways trade can be restricted. 16-2 List and explain 6 reasons why countries restrict trade. 16-2 Distinguish between a protective and revenue tariff. 16-2 What was the Smoot-Hawley Act and explain its impact? 16-2 II.  Objectives: Interpret charts, graphs, and other economic models in […]

Economics – 1/20/17

I.  Bellwork A• Describe the symbolism in the cartoon. B• Explain the author’s message. II.  Objective: Analyze how the decisions made by a country’s central bank (or the Federal Reserve) impact a nation’s economy and international trade Determine the central ideas or information of a economic cartoon; describe the symbolism and provide an accurate summary […]

Economics – 1/19/17

I.  Bellwork Draw graph which illustrates demand-pull inflation. Provide a specific example of -demand-pull inflation Draw graph which illustrates cost-push inflation. Provide a specific example of cost-push inflation II.  Objective Identify how the Federal Reserve uses monetary policy as a means to achieve macroeconomic goals Construct a brace map describing the various monetary policies used […]

Economics – 1/18/17

I.  Bellwork: Q&A Which of the two measures listed below do you believe is the best for determining unemployment?  Explain.   II.  Objective: Students will review and apply concepts and principles relating to the three major economic indicators. Integrate and evaluate multiple sources of information presented in diverse formats in order to address a question […]

Economics – 1/17/2017

I.   Bellwork P. 365  Cartoon:  What causation of inflation is the father discussing? Explain your answer. P. 360 Examining the NewsClip 1-2 Q&A   II.  Objective Apply the criteria for being unemployed and using various scenarios classify different types of unemployment including frictional, structural, and cyclical. Evaluate various explanations for unemployment  and determine which explanation […]

Economics -1/13/17

I  .Bellwork: Q&A SAT Reading II.  Objective: Identify how inflation is measured, the causes of inflation, and its impact on the economy. Differentiate between the types and causes of inflation through discussion and construction of thinking maps. III.  Discuss 13-2 Inflation pages 361-367 Inflation Video Demand Pull and Cost Push Inflation Hyperinflation after World War […]

Economics – 1/12/17

I.  Bellwork :  Q&A What is the topic of the graph? What do the x-axis and y-axis represent? What are some observations you can make based on the graph? What do you foresee happening about 5 years from now?     II.  Objective Analyze the stages in the business cycle, their impact on the economy, and […]

Economics – 1/11/17

I.  Bellwork: SAT Reading II.  Objective: Examine factors that contribute to income inequality and programs that have been implemented to reduce poverty. Integrate and evaluate multiple sources of information presented in diverse formats and media in order to address the problem and impact of income inequality in American society. III. Review GDP Basics A.  Which […]

Economics – 1/10/17

I.  Bellwork: SAT Reading Questions II.  Objective Examine and discuss the components, merits, and shortcomings of GDP, as well as, alternative measures used to determine economic growth. Determine the central ideas or information and provide an accurate summary that makes clear the relationships among the key details and ideas. III. Chapter 9 & 10 Retake: […]

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