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Coach Magee |
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Free Enterprise
May 14-18 Mon-check final study guide Tues- go over final study guide Wed- 7th hr exam Thurs- 5th & 6th hr exam Fri- 3rd & 4th hr exam
May 7-11 Mon- politcal cartoons Tues- Sole proprietorship, partnership, corporation worksheet Wed- work on final study guide Thurs- work on final study guide Fri- work on final study guide.
April 30- May 4 Mon- Ch 16 sect 3 notes Tues- Ch 16 sect 4 notes Wed- Ch 16 review worksheets Thurs- Ch 16 vocab test Fri- Ch 16 test
April 10-13 Tues- Chapter review worksheets Wed- Ch 6 sect 3 questions Thurs- Ch 6 Test Fri- Ch 7 Vocabulary Activity
March 26-30 Mon- Ch 6 sect 1 notes Combining supply and demand Tues- Graphs on excess supply and excess demand Wed- Ch 6 sect 2 notes- changes in market equilibrium Thurs- Ch 6 sect 3 notes- the role of prices Fri- Ch 6 vocab test
Feb 27- March 2 Mon- Economic cartoon worksheet and crossword puzzle Tues- Ch 4 Test Wed- Give students 9 weeks study guide Thurs- work on study guide Fri- check study guide & go over correct answers for study guide.
Feb 13-17 Mon- Ch 4 sect 1 understanding demand- explain the law of demand. Understand how the substitution effect and the income effect influence decisions. Tues- Group Activity- Make a skit illustrating the law of demand Wed- Ch 4 sect 2 shifts of the Demand Curve- Understand the difference bw a change in quantity demanded and a shift in the demand curve. Identify the determinates that create changes in demand and that can cause a shift in the demand curve. Explain how the change in the price of one good can effect demand for a related goood. Thurs- Ch 4 Sect 1 & 2 worksheet. Fri- Ch 4 sect 3- Elasticity of Demand- explain how to calculate elasticity of demand. Identify factors that affect elasticity. Explain how firms use elasticity and revenue to make decisions.
Feb 6-10 Mon- Ch 3 sect 4 notes- Providing a Safety Net Tues- Ch 3 vocab test Wed- Ch 3 sect 3 & 4 worksheet Thurs- Ch 3 test Fri- Ch 4 vocab activity
Jan 30-Feb 3 Mon- Ch 3 sect 1 notes Benefits of Free Enterprise- Explain the basic principles of the US free enterprise system. Identify the role of the consumer in the US free enterprise system. Describe the role of the govt in the US free enterprise system. Tues- Make illustration of the basic principles of Free Enterprise Wed- Ch 3 sect 2 notes-Promoting Growth and Stability- Explain how the govt tracks and seeks to influence business cycles. Analyze how the govt promotes economic strength. Analyze the effect of technology on productivity. Thurs-Ch 3 sect 1 & 2 worksheet Fri- Ch 3 sect 3 notes- Providing Public Goods- Identify examples of public goods. Analyze market failures. Evaluate how the govt allocates some resources by managing exteranalities.
Jan 23-27 Mon- Ch 2 sect 3 & 4 notes- Centrally planned economies & mixed economies. Notes Tues- Ch 2 sect 3 & 4 multiple choice questions for test Wed- Ch 2 vocab test Thurs- Ch 2 Test Fri- Ch 3 vocab acitivity
Jan 17-20 Mon- MLK day Tues- Ch 2 Vocab Activity Economic systems Wed- Ch 2 sect 1 notes- Answering the 3 economic questions Thurs- Ch 2 sect 2 notes- The Free Market Fri- Ch 2 sect 1 & 2 worksheet
Jan 9-13 Mon- Chapter Review worksheet sect 1 and 2 Tues-Discuss production possiblity curves notes. Students will draw a production possibility curve involving potatoes and t-shirts Wed- Section 3 review worksheet Thurs- Ch 1 vocab test Fri- Ch 1 test Jan 3-6 Tues- Introduction to Free Enterprise. Discuss classroom expectations, rules, procedures, and supplies needed for the class. Wed- Vocabulary activity for Chapter 1 Thurs- bellringer- List items that you think may be scarce or can become scarce in certain situations. For instance during a hurricane, drought, or oil spill. Class Discussion on why scarcity and choices are basic problems of economics. Explain the role of entrepreneurs. Notes/handout. Fri- bellringer- choose 5 vacation destinations but you can only choose 1. Describe what you had to give up to choose 1 over the others- trade off. class discussion describing why ever decision involves a trade off. Explain the concept of opportunity cost. Notes/ handout.
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