{"id":11989,"date":"2016-01-07T21:37:35","date_gmt":"2016-01-08T02:37:35","guid":{"rendered":"http:\/\/iblog.dearbornschools.org\/farhoud\/?p=11989"},"modified":"2016-01-07T21:56:15","modified_gmt":"2016-01-08T02:56:15","slug":"economics-1082016","status":"publish","type":"post","link":"https:\/\/iblog.dearbornschools.org\/farhoud\/2016\/01\/07\/economics-1082016\/","title":{"rendered":"Economics &#8211; 1\/08\/2016"},"content":{"rendered":"<p>I.\u00a0 Bellwork :\u00a0 Q&amp;A<\/p>\n<p><a href=\"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-content\/uploads\/sites\/151\/2014\/12\/01_real_gdp_2007-2014.jpg\" rel=\"attachment wp-att-10744\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter  wp-image-10744\" src=\"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-content\/uploads\/sites\/151\/2014\/12\/01_real_gdp_2007-2014.jpg\" alt=\"01_real_gdp_2007-2014\" width=\"579\" height=\"428\" \/><\/a><\/p>\n<ol>\n<li>What is the topic of the graph?<\/li>\n<li>What do\u00a0the x-axis and y-axis represent?<\/li>\n<li>What are some observations you can make based on the graph?<\/li>\n<li>What do you foresee happening about 5 years from now?<\/li>\n<\/ol>\n<p><strong> II.\u00a0 Objective:<\/strong><\/p>\n<ul>\n<li>Explore the benefits and disadvantages associated with production (GDP) and consumption in a a market\/capitalistic economy.<\/li>\n<li>Evaluate differing points of view on an issue by assessing the authors\u2019 claims, reasoning, and evidence.<\/li>\n<\/ul>\n<p><strong>III. GDP and Fiscal Policy (Cause &amp; Effect)<\/strong><\/p>\n<p><strong> IV.\u00a0 Classwork<\/strong><\/p>\n<p>A. <a href=\"https:\/\/youtu.be\/R5Gppi-O3a8?list=FLRqhgwnDmxfxTiCxr05OK3Q\"><strong>Power of the Market \u2013 The Pencil<\/strong><\/a><\/p>\n<ul>\n<li><strong>3-5 Sentence Summary<\/strong><\/li>\n<li>Explain the example used and what the main points Milton Friedman was attempting to make.<\/li>\n<\/ul>\n<p>B.\u00a0 <a href=\"https:\/\/youtu.be\/9GorqroigqM?list=FLRqhgwnDmxfxTiCxr05OK3Q\"><strong>Story of Stuff<\/strong><\/a><\/p>\n<ul>\n<li><strong>6-8 Sentence Summary<\/strong><\/li>\n<li>Explain the examples used in the video and the points made about each step in the materials economy. Relate this to GDP (production of goods and services).<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>I.\u00a0 Bellwork :\u00a0 Q&amp;A What is the topic of the graph? What do\u00a0the x-axis and y-axis represent? What are some observations you can make based on the graph? What do you foresee happening about 5 years from now? II.\u00a0 Objective: Explore the benefits and disadvantages associated with production (GDP) and consumption in a a market\/capitalistic [&hellip;]<\/p>\n","protected":false},"author":176,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[75],"tags":[],"class_list":["post-11989","post","type-post","status-publish","format-standard","hentry","category-economics-f2015"],"_links":{"self":[{"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/posts\/11989","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=11989"}],"version-history":[{"count":0,"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/posts\/11989\/revisions"}],"wp:attachment":[{"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/media?parent=11989"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/categories?post=11989"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/tags?post=11989"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}