I. Bellwork: Create a bubble map describing/identifying various characteristics of a market economy.  (Use adjectives  in each bubble). 6 bubble minimum II.  Objective: ·         Examine ways in which economic performance is evaluated.   III.  Discussion : 2-2 Evaluating Economic Performance pgs. 43-46 IV.  Classwork: A.  Guided Reading 2.2 B.  Page 43 Vocabulary  (6) C.  Page […]

I.  Bellwork Page 40  Figure 2.2 Q&A Page 41 #2 II. Objective: Identify the characteristics of command, traditional, and market economies and examine how these are employed under different governmental systems III.  Classwork A.  2.1 guided reading IV Notebook Work A.  Video: Moscow on The Hudson ( Command Economy) What scenes in the video exemplify […]

I.  Bellwork II.  Objective ·         Identify the characteristics, advantages, and disadvantage of different economic systems III.  Chapter 2 Notes & Discussion IV.  Classwork 1.    2.1 guided reading 2.     Page 41(#4-#7) Q&A

I.  Bellwork Page 29 #30 Follow directions II.  Objective Take the Chapter 1 Exam III.  Turn in Notebooks  IV.  Classwork A.  Page 28 1-10 Write it out V.  Chapter 1 Test

I.  Bellwork Q&A Page 26 How did Gap, Inc. address the problem of consumers having to make choices? Which Gap, Inc, store carries the most expensive jeans? Which Gap, Inc, store carries the least expensive jeans? Based upon the graph, which GAP, Inc. store is the net sales leader?  Why do you think it is […]

I. Bellwork Page 18 – Adam Smith – Construct a Circle Map           List 6 or more things II.Objective Examine economic decisions and how economic models, such as the production possibilities frontier, are used in the decision making process. III. Classwork A. Page 19- Vocabulary (9) B. Economic Analysis Q&A Pg 21 Figure 1.6 Economic Analysis […]

I.  Bellwork: Reading Checks Q&A Pages 13, 14, 15, 17 II.  Objective: Demonstrate how scarcity and opportunity costs are present in economic decisions by constructing a production possibilities frontier graph. III.  Discussion Section 1-3 pages 19-22 A.  Difference between trade offs and opportunity cost B.  Short Video On Opportunity Costs/Trade Offs IV.  Notebook Work – […]

I.  Bellwork A.  Page 11 – Examining the News Clip 1-2 Q&A B.  #3 How much has Under Armour’s revenue increased from 2002 to 2005? II.  Objective Examine basic economic terms and concepts related to goods/services, paradox of value, and the flow of economic activity. III.  1-1 Quiz Closes @ Midnight today IV  Section 1-2 […]

I.  Bellwork   Reading Check Pages 6, 7, 9 & 10 Q&A II.  Objective Define economics and its fundamental principles III.  iLearn Section 1-1 Quiz due by Wednesday @ 12:00 am IV. View & Discuss A.  Real World Economics – Scarcity Video B.  Education_pays V.  Classwork   B. Page 10 Questions and Answer 2-6 VI.  […]

I.  Bellwork A.  What character trait do you believe is the most important for a person to possess?  Explain why. II.  Objective Define economics and its fundamental principles III.  Discuss The Fundamental Economic Problem pages 1-8 IV.  Notebook Work – Copy Scarcity illustration V.   Classwork:  Page 5 Vocabulary (12) Guided Reading Activity1-1