{"id":10907,"date":"2015-02-04T22:13:34","date_gmt":"2015-02-05T03:13:34","guid":{"rendered":"http:\/\/iblog.dearbornschools.org\/farhoud\/?p=10907"},"modified":"2015-02-09T22:28:46","modified_gmt":"2015-02-10T03:28:46","slug":"economics-2052015","status":"publish","type":"post","link":"https:\/\/iblog.dearbornschools.org\/farhoud\/2015\/02\/04\/economics-2052015\/","title":{"rendered":"Economics 2\/05\/2015"},"content":{"rendered":"<p>I.\u00a0 <strong>Bellwork:<\/strong><\/p>\n<ol>\n<li>If you had up to $100 to spend on <strong>only<\/strong> <strong>one<\/strong> product or service, make a list of at least 4 possible products or services you would consider purchasing with the $100.<\/li>\n<li>Now narrow the list to the top two choices<\/li>\n<li>Now list the item or service you would purchase.<\/li>\n<li>By making your selection, what are some of the things you would sacrifice <strong><span style=\"text-decoration: underline;\">related<\/span> to the next best product<\/strong> or service you gave up? So, do not list the product you gave up.<\/li>\n<\/ol>\n<p>II.\u00a0 <strong>SWD the ability to:<\/strong><\/p>\n<ul>\n<li>Create examples of economic decisions identifying trade-offs and opportunity costs while examining the impact they have on the decision making process.<\/li>\n<li>Integrate and evaluate multiple sources of information\u00a0 in order to address a question or solve a problem.<\/li>\n<\/ul>\n<p><strong>III.\u00a0 \u00a0\u00a0\u00a0\u00a0 Trade offs &amp; Opportunity Costs Explained<\/strong><\/p>\n<ul>\n<li><strong>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/strong><a href=\"https:\/\/www.reffonomics.com\/TRB\/chapter1\/opportunitycost.swf\"><strong>https:\/\/www.reffonomics.com\/TRB\/chapter1\/opportunitycost.swf<\/strong><\/a><\/li>\n<li><a href=\"https:\/\/www.economist.com\/blogs\/graphicdetail\/2014\/06\/daily-chart-1\">https:\/\/www.economist.com\/blogs\/graphicdetail\/2014\/06\/daily-chart-1<\/a><\/li>\n<\/ul>\n<p>IV.\u00a0 <strong>Notebook Work \u2013\u00a0 <\/strong><strong>Copy Diagram<\/strong><\/p>\n<p><a href=\"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-content\/uploads\/sites\/151\/2012\/09\/Trade-Off-Illustration.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-medium wp-image-8193\" src=\"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-content\/uploads\/sites\/151\/2012\/09\/Trade-Off-Illustration-300x83.jpg\" alt=\"Trade Off Illustration\" width=\"300\" height=\"83\" srcset=\"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-content\/uploads\/sites\/151\/2012\/09\/Trade-Off-Illustration-300x83.jpg 300w, https:\/\/iblog.dearbornschools.org\/farhoud\/wp-content\/uploads\/sites\/151\/2012\/09\/Trade-Off-Illustration.jpg 564w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><\/p>\n<p>V.\u00a0 <strong>Notebook Check Tomorrow<\/strong><\/p>\n<p>VI.\u00a0 <a href=\"https:\/\/moodle.dearbornschools.org\/login\/index.php\"><strong>Complete Section 1-1 &amp; 1-2 Quiz on iLearn<\/strong><\/a><\/p>\n<p><strong>VII. Classwork:<\/strong><\/p>\n<ul>\n<li>READ: <a href=\"https:\/\/www.contentextra.com\/bacconline\/bacContentFiles\/EconomicFiles\/Worksheets-PDF\/Worksheet14RationalBehavior.pdf\">Worksheet 1.4 Rational Behavior<\/a><\/li>\n<li><strong>Write questions &amp; Answers 1-3<\/strong><\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>I.\u00a0 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 [&hellip;]<\/p>\n","protected":false},"author":176,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[70],"tags":[],"class_list":["post-10907","post","type-post","status-publish","format-standard","hentry","category-economics-w2015"],"_links":{"self":[{"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/posts\/10907","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/users\/176"}],"replies":[{"embeddable":true,"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/comments?post=10907"}],"version-history":[{"count":0,"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/posts\/10907\/revisions"}],"wp:attachment":[{"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/media?parent=10907"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/categories?post=10907"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/tags?post=10907"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}