{"id":9877,"date":"2014-02-05T23:55:42","date_gmt":"2014-02-06T04:55:42","guid":{"rendered":"http:\/\/iblog.dearbornschools.org\/farhoud\/?p=9877"},"modified":"2014-02-06T22:38:34","modified_gmt":"2014-02-07T03:38:34","slug":"economics-20614","status":"publish","type":"post","link":"https:\/\/iblog.dearbornschools.org\/farhoud\/2014\/02\/05\/economics-20614\/","title":{"rendered":"Economics &#8211; 2\/06\/14"},"content":{"rendered":"<p><b>I.\u00a0 Bellwork:<\/b><\/p>\n<ol start=\"1\">\n<li>If you had up to $100 to spend on <b><span style=\"text-decoration: underline;\">only<\/span><\/b><span style=\"text-decoration: underline;\"> <b>one<\/b><\/span><b> <\/b>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 related to the next best product or service you gave up?<\/li>\n<\/ol>\n<p><b>II.\u00a0 SWD the ability to:<\/b><\/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><b>III.\u00a0 \u00a0\u00a0\u00a0\u00a0 Trade offs &amp; Opportunity Costs Explained<\/b><\/p>\n<p><b>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <a href=\"https:\/\/www.reffonomics.com\/TRB\/chapter1\/opportunitycost.swf\">https:\/\/www.reffonomics.com\/TRB\/chapter1\/opportunitycost.swf<\/a><\/b><\/p>\n<p><b>IV.\u00a0 Notebook Work &#8211; <\/b><\/p>\n<p style=\"padding-left: 30px;\"><b>A.\u00a0 Copy Diagram<\/b><\/p>\n<p>\u00a0<a href=\"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-content\/uploads\/sites\/151\/2012\/09\/Trade-Off-Illustration.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-full wp-image-8193\" alt=\"Trade Off Illustration\" src=\"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-content\/uploads\/sites\/151\/2012\/09\/Trade-Off-Illustration.jpg\" width=\"564\" height=\"157\" srcset=\"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-content\/uploads\/sites\/151\/2012\/09\/Trade-Off-Illustration.jpg 564w, https:\/\/iblog.dearbornschools.org\/farhoud\/wp-content\/uploads\/sites\/151\/2012\/09\/Trade-Off-Illustration-300x83.jpg 300w\" sizes=\"auto, (max-width: 564px) 100vw, 564px\" \/><\/a><\/p>\n<p style=\"padding-left: 30px;\">\u00a0<b><b>B<\/b>.\u00a0 Example Trade Offs and Opportunity Cost of Going to School<\/b><\/p>\n<p><b>V.\u00a0 Notebook Check Tomorrow<\/b><\/p>\n<p><b>VI.\u00a0 Go to Media Center for the Quiz<\/b><\/p>\n<ul>\n<li>Complete Section 1-1 &amp; 1-2 Quiz on iLearn<\/li>\n<\/ul>\n<p>V.\u00a0 Extra Credit &#8211; Participation Signature<\/p>\n<ul>\n<li>Write down one of the questions on the list and respond to it using 2-4 sentences.\n<ul>\n<li><a href=\"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-content\/uploads\/sites\/151\/2014\/02\/Survey-Questions-Nail.doc\">Survey Questions <\/a><\/li>\n<\/ul>\n<\/li>\n<\/ul>\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":[63],"tags":[],"class_list":["post-9877","post","type-post","status-publish","format-standard","hentry","category-economics-w2014"],"_links":{"self":[{"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/posts\/9877","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=9877"}],"version-history":[{"count":0,"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/posts\/9877\/revisions"}],"wp:attachment":[{"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/media?parent=9877"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/categories?post=9877"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/tags?post=9877"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}