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? II.  Objective: Explore the benefits and disadvantages associated with production (GDP) and consumption in a a market/capitalistic economy. Evaluate differing points of view on an issue by […]

I.  Bellwork:  Business Week News Clip Page 346  Summarize the article. ( 3-4 sentences) What words or phrases express the author’s point of view? Do you believe income inequality is a problem in our society?  Explain why or why not. II.  Objective Analyze the stages in the business cycle, their impact on the economy, and fiscal […]

I.  Bellwork: Claim statement – Do you believe GDP is a useful measure of the economy? Provide evidence which supports your stance.       3-4 sentences 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 […]

I.  Bellwork: Q&A On Google Classroom 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 10 : Wednesday […]

I.  Bellwork: Describe at least two observations an individual may make to determine if the economy is doing well economically or not.   II.  Objective Discuss and explain why and how economic growth is measured using GDP Determine the meaning of words and phrases as they are used in the text through discussion and the […]

 I.  Bellwork Here’s What Would Happen If There’s a Government Shutdown in December Summarize the article (4-8 sentences). Why is the government shutting down?  What is the impact?  How can it be avoided? II Objectives: Integrate information from diverse sources, both primary and secondary, into a coherent understanding of an idea or event, noting discrepancies among […]

I.  Bellwork: Q&A A.  Explain the symbolism in this cartoon. B.  Explain the point that is being made. II.  Objectives Demonstrate and apply an understanding of the various aspects of fiscal policy (spending and taxation) and its impact on society. Integrate and evaluate multiple sources of information presented in different formats in order to address […]

  I. Bellwork: Q&A   A.Construct a formula which demonstrates what needs to happen to cause each of the following: Surplus Deficit Balanced Budget   B.  Explain the difference between the deficit and the debt. II. Objective: Examine the issues surrounding taxation, spending, and the budget crisis. Evaluate various explanations for actions or events and determine […]

I.  Bellwork: Q&A A.  List 3 examples of mandatory expenditures B.  List 3 examples of discretionary expenditures II.  Objective Distinguish between a surplus, a deficit, the national deficit, and national debt Examine the impact of deficits, surpluses, and the national debt on the private sector. Integrate information from diverse sources into a coherent understanding of […]

I.  Bellwork A.  https://www.thebalance.com/welfare-programs-definition-and-list-3305759 1.  Explain what each of the 6 major welfare programs in the article does. II.  Objectives: Distinguish between mandatory and discretionary spending Construct thinking maps to categorize spending as mandatory or discretionary Explain the current problem with government spending and revenue generation III.  Discussion The Story of Spending (History of Gov’t […]