I.  Bellwork– Page 28 Q&A #18, 22, 24 & 28 II.  Objective: Apply understanding of basic economic concepts such as scarcity, concepts such as the flow of economic activity, and decision making models used to demonstrate trade offs such as the production possibilities frontier. III.  Turn in Review Sheet IV.  Notebook Check tomorrow Review Notebook […]

I.  Bellwork Q&A Page 31 Analyzing the Issue 1-2 II.  Objective:  1.4.4 Examine governments role and impact on the economy as it relates to minimum wage. P3.3 Produce clear and coherent 6+1 essay justifying a decision on whether to increase the minimum wage law based upon discussion of the opposing views (bell work), videos, and […]

I. Bellwork A. Economic Analysis Write Questions &Answers Pg 21 Figure 1.6 Economic Analysis Pg 22 Figure 1.7 Economic Analysis (Start at Point B) Pg 22 Figure 1.8 Economic Analysis II. Objective Examine economic decisions and how economic models, such as the production possibilities frontier, are used in the decision making process. Determine the meaning […]

I.  Bellwork: A professional baseball team has only enough money to sign either one superstar or three young players. The superstar could help the team win the championship this year but would not be with the team long. The young players are talented but not yet ready for the major leagues. Questions & Answers 1.  […]

I.  Bellwork: 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 to the top two choices Now list the item or service you would purchase. By making your […]

I.  Bellwork : A.  Page 18 Write Questions & Answers What did Adam Smith conclude about the division of labor? What is government’s role in the economy according to Adam Smith? How did he believe the wealth of nations should be measured? II.  Objective Examine basic economic terms and concepts related to goods/services, paradox of […]

I.  Bellwork A.  Provide an example for each: 1. Land 2. Labor 3. Capital. II.  Objective Examine basic economic terms and concepts related to goods/services, paradox of value, and the flow of economic activity. Determine the meaning of words and phrases as they are used in a text III.   Quick Section 1-1 Review IV.  Section […]

I.  Bellwork Question & Answer Explain what is happening in the picture and why it is occurring. II.  Objective Define economics and its fundamental principles CCSS.ELA-Literacy.RH.11-12.4 Determine the meaning of words and phrases as they are used in a text. III.  Discuss:  The Fundamental Economic Problem pages 1-8 Scarcity & Choice Video Factors of Production […]

I.  Bellwork Critical Thinking Main Ideas  Q&A 1-5 Answer questions 1-5 Using iLearn II.  Objective Preview the economic concepts and principles which will be assessed throughout the semester by taking a Pre-test. CCSS.ELA-Literacy.RH.11-12.2 Determine the central ideas or information of a primary or secondary source III.  Discuss and Examine Blog features and iLearn IV.  Complete […]

I.  Bellwork Provide your own definition or an example for each Core Value listed below: Honesty Integrity Respect Responsibility Courtesy Citizenship II.  Objective Discuss classroom policies, procedures, and resources CCSS.ELA-Literacy.RH.11-12.2 Determine the central ideas or information of a primary or secondary source; provide an accurate summary that makes clear the relationships among the key details […]