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 […]

I.   Bellwork– 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 production […]

I.  Bellwork: Follow the directions below: A.  Use a diagram (See yesterday’s diagram) 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 […]

I.  Bellwork: Adam Smith Division of Labor– Q&A Explain any difficulties you have with the text. List words and phrases that are unfamiliar. What is the importance of the division of labor according to Adam Smith? What evidence/example does he use to make his point? What claim is Adam Smith is attempting to make regarding […]

I.  Bellwork :  Economics_Kidney dialysis For each Letter (Case), you must explain why or why you didn’t choose each person for treatment. – List the letter and Explain your decision. Count off – Get into Groups – Discuss & Analyze each case then come to a Group Decision Summarize if your choices may have changed […]

I.  Bellwork Enrichment Chapter 1- Questions & Answers II.  Objective Examine basic economic terms and concepts related to goods/services, paradox of value, and the flow of economic activity. Summarize the author’s main point and identify evidence/examples used in the excerpt. III.  Blog and iLearn Basics Discussion IV.  Section 1-2 Notes and Discussion: Pages 12-16 A.  Terms […]

I.  Bellwork: If you were stranded on an island by yourself list 3 things that would be essential for you to have in order to survive. Explain why you would choose each thing. II.  Objective Determine the meaning of words and phrases as they are used in a text. Using examples, explain how scarcity, choice, […]

I.  Bellwork:  A.  Enroll in the iLearn Economics Course https://moodle.dearbornschools.org/login/index.php   Enrollment Key: Economics   B. Complete and Submit the Learning Style Activity on iLearn II.  Objective Complete a learning style survey, summarizing the results, of the survey, and assessing the survey’s validity. Access iLearn to become familiar with the course site and take a […]

I.   Bellwork A. Construct a Circle Map – What is Economics? List at least 6 words/phrases in the circle II.   Objective Discuss and examine various classroom policies and procedures in order to have a successful semester. Describe and discuss the characteristics of economics by constructing a circle map using prior knowledge, an article, and video. […]