{"id":13531,"date":"2017-02-02T19:59:10","date_gmt":"2017-02-03T00:59:10","guid":{"rendered":"http:\/\/iblog.dearbornschools.org\/farhoud\/?p=13531"},"modified":"2017-02-02T19:59:10","modified_gmt":"2017-02-03T00:59:10","slug":"economics-20317","status":"publish","type":"post","link":"https:\/\/iblog.dearbornschools.org\/farhoud\/2017\/02\/02\/economics-20317\/","title":{"rendered":"Economics &#8211; 2\/03\/17"},"content":{"rendered":"<p><strong>I.\u00a0 Bellwork:<\/strong><\/p>\n<p>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.<\/p>\n<p><strong> II.\u00a0 Objective<\/strong><\/p>\n<ul>\n<li>Construct \u00a0thinking maps which demonstrate and explain the concepts of scarcity and the factors of production.<\/li>\n<\/ul>\n<ul>\n<li>Using examples, explain how scarcity, choice, opportunity costs affect decisions that households, businesses, and governments make in the market place<\/li>\n<\/ul>\n<p><strong>III.\u00a0 Discuss:\u00a0 The Fundamental Economic Problem pages 1-8<\/strong><\/p>\n<ul>\n<li><a href=\"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-content\/uploads\/sites\/151\/2014\/09\/Economics-Lesson_1_Powerpoint-1.pdf\">Economics Lesson_1_Powerpoint-1<\/a><\/li>\n<li><a href=\"https:\/\/www.youtube.com\/watch?v=yoVc_S_gd_0&amp;feature=share&amp;list=PL336C870BEAD3B58B\">Scarcity<\/a> &amp; Choice Video<\/li>\n<li>Needs &amp; Wants<\/li>\n<li>Factors of Production<\/li>\n<li>TINSTAAFL<\/li>\n<\/ul>\n<p>IV.\u00a0 <strong>Notebook Work \u2013 <\/strong>Create Thinking Maps<\/p>\n<ol>\n<li><a href=\"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-content\/uploads\/sites\/151\/2013\/01\/Scarcity.jpg\"><strong> Scarcity Figure 1.1 \u2013 Flow Map<\/strong><\/a><\/li>\n<li><a href=\"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-content\/uploads\/sites\/151\/2014\/02\/Factors-of-roduction.jpg\"><strong>Factors of Production Figure 1.2 \u2013 Tree Map<\/strong><\/a><\/li>\n<\/ol>\n<p><strong>V.\u00a0 <\/strong><strong>Classwork<\/strong>:<\/p>\n<ul>\n<li>Page 5 Vocabulary (12)<\/li>\n<\/ul>\n<p>VI.\u00a0 <strong>Quick Review: <\/strong><a href=\"https:\/\/www.flashcardmachine.com\/p\/Section11\">https:\/\/www.flashcardmachine.com\/p\/Section11<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>I.\u00a0 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.\u00a0 Objective Construct \u00a0thinking maps which demonstrate and explain the concepts of scarcity and the factors of production. Using examples, explain how [&hellip;]<\/p>\n","protected":false},"author":176,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[83],"tags":[],"class_list":["post-13531","post","type-post","status-publish","format-standard","hentry","category-economics-w2017"],"_links":{"self":[{"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/posts\/13531","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=13531"}],"version-history":[{"count":0,"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/posts\/13531\/revisions"}],"wp:attachment":[{"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/media?parent=13531"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/categories?post=13531"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/tags?post=13531"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}