I.  Bellwork              Questions & Answers What is happening in the cartoon? Explain the point that is being made about communism? Explain the point that is being made about capitalism? II.  Objective: Review concepts and principles which focus on how economic systems allocate resources, the evaluation of economic performance, and the role of government in the […]

I.  Bellwork A.    Eminent Domain and Property Rights   Q&A What do you believe is the authors intent/message? Identify two restrictions under which the government must operate when exercising eminent domain authority. Explain the two qualities a public good must have. Explain why private property rights are important. Video: Eminent Domain and Property Rights II.  […]

I.  Bellwork : John Stuart Mill – The Role of Government A.  Question & Answer Find at least 4 words you do not know the meaning of and list them. Identify at least two areas of concern where John Stuart Mill promotes government serving a purpose? Explain at least one example he uses to support his […]

I.  Bellwork:  Complete a Four Square on the cartoon below II.  Objective:  Evaluate  differing points of view on the minimum wage by viewing, discussing and assessing various claims, reasoning, and evidence. Integrate information about the minimum wage from diverse sources, into a coherent understanding of an idea or event, noting discrepancies among sources in order to […]

I.  Bellwork: A.  Second Blighted Red Wings Arena Holdout Summarize the article. 3-4 sentences Explain what economic rights are conflicting? II.  Objective:  Integrate and evaluate multiple sources of information presented in diverse formats and media in order to address a question or solve a problem. Cite incidents in which conflicts result from the methods used […]

I.  Bellwork Page 38  Figure 2.1  Economic Analysis Q&A Page 40  Figure 2.2 Economic Analysis Q&A II.  Objective: Identify and apply the achievement of economic goals which are used to evaluate economic performance. Integrate information from diverse sources, both primary and secondary, into a coherent understanding of an idea or event, noting discrepancies among sources. […]

I. Bellwork   Read the article: Mohammed Bouazizi Guiding Question:  Does the government have a role in the economy? Identify:  Evidence – Importance – Claim II.  Objective Evaluate various explanations for actions or events and determine which explanation best accords with textual evidence. Identify the characteristics of command, traditional, and market economies and examine how […]

I.Bellwork Get a sheet of paper and prepare a MLA heading. II.  Objectives: Apply concepts and terminology related to scarcity, opportunity costs, and production functions Write informative/explanatory texts to examine and convey complex ideas, concepts, and information clearly and accurately through the effective selection, organization, and analysis of content. III. Turn in Review Sheet IV  […]

I.    Bellwork– A.  Compare the cartoon to the Circular Flow diagram Figure 1-3 on page 15 Q & A Describe how the diagrams differ? Explain the message of this cartoon? What is your opinion of the cartoon? II.  Objectives – SWD: how scarcity and opportunity costs are present in economic decisions by constructing a […]

I.  Bellwork: Follow the directions below: A.  Use a diagram (See your notes) to illustrate the trade-offs and opportunity cost below: If you had up to $100 to spend on only one product or service, make a list of at least 4 possible products or services you would consider purchasing with the $100. Now narrow the list […]