IF YOU ARE ABSENT be sure to check BOTH!!
UNIT: Economic Thinking
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Learning Targets for the Unit:
I CAN…connect economics to daily life.
I CAN...compare the basics of micro- & macro- economics.
I CAN...explain the core principles of economic thinking.
Essential Question(s) for the Unit:
How can I think like an economist?
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COLOR KEY: DOCUMENT/WEBSITE LINK SUMMATIVE ASSESSMENT TURNED IN/POINTS TAKEN DUE DATE
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Date
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Assignment/Activity
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Description/Directions
(select above for unit folder with assignments)
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Due Date
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1/28
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Pre-Test
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UWRF administered a Pre-Test on basic economic principles
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1/26
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Intro to Economics
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1. Clip from Freakonomics (Can you pay a 9th grader to get good grades?)
2. Discuss "incentives" and economic decision making
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1/27
&
1/29
&
1/30
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"Couch Potatoes" Activity
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1. Introduce "mystery" that needs to be solved: "Given we are a nation that values health and "thinness," why are Americans growing increasingly overweight?"
-make a prediction & write it down
-what do we know? (we understand the importance of health, healthy food is usually more expensive than unhealthy food, more people are working in less physically -strenuous and safer jobs, more leisure-time activities are less-active in nature)
2. Read "Student Activity"
-create a "note-taking" strategy
-read & take notes
-answer questions at the end
3. In small groups, go over answer together (add/change answers using a different color pen)
4. Go over & discuss as a class - share our findings about the "mystery"
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WED
1/28
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1/29
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Economic Way of Thinking
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1. Complete the worksheet for the reading
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FRI
1/30
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2/2
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Economic Impact of the Super Bowl Article
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1. CLOSE read the article (using symbols & notes in the margin)
2. In small groups, complete the APPARTS (tool for analyzing documents)
3. (2/3 ) Go over CLOSE read article & APPARTS sheet as a class (THINKING LIKE AN ECONOMIST)
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2/3
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Super Bowl Commercials (1/2 wkst)
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1. Complete 1/2 sheet worksheet
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WED
2/4
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2/4
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Section 1 (Scarcity) & Section 3 (Analyzing Production Possibilities) Reading Assignment
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SECTION 1
PART 1:
· As you read, take notes as shown on pg. 4
PART 2:
· Answer “Application” question A on pg. 5
· Answer “Application” question B on pg. 7
· Answer “Application” question C on pg. 9
PART 3:
· Complete Section 1 Assessment Questions #1-5 on pg. 11
SECTION 3
PART 1:
· As you read, take notes as shown on pg. 18 (there is a typo, it is supposed to say “3”)
PART 2:
· Answer “Application” question A on pg.19
· Answer “Application” question B on pg. 21
· Answer “Application” question C on pg. 22
PART 3:
· Complete Section 1 Assessment Questions #1-5 on pg. 23
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THURS
2/5
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2/5
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Economic Principles
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1. In small groups, create a rough draft for your assigned economic principle (titled, simplified definition & picture to "show" it in action)
2. When rough draft if okayed, complete the final draft & turn in
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2/5
&
2/10
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Vocabulary Squares
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1. Complete the vocabulary chart for your assigned word (all four boxes finished) - make sure that the completed boxes help not only YOU, but other people to understand the meaning of your vocab word
2. Share your vocabulary square with the rest of the class - students will complete their smaller vocab squares shared by their classmates
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MON
2/9
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2/9
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Enigmas (mysteries)
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Given a set of data, explain which economic principle answers the enigma (mystery) and why. Do one example together as a class and do one on your own.
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2/10
2/11
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Scarcity & Factors of Production
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1. Think about a "pretend" business you want to start. List EVERY single thing you can think of that you would need to run this business. Write these down and bring to class tomorrow.
2. In class go over Section 1 (scarcity & factors of production) assignment
  3. Using your homework (list of what you need to start your business), sort your list into "Land, Labor & Capital (both physical & human) - add more as you complete this assignment |
WED 2/11
THURS 2/12 |
| 2/12 2/13 2/16 | Production Possibilities | 1. Go over Section 3 assignment & "lecture" production possibilities 2. Simulation - Country "Technologea" decides how many smartphones & tablets it will produce - See graphic below for an overview of the simulation & notes you should have on your worksheet NOTES FOR PRODUCTION POSSIBILITIES FRONTIER - Country of Technologea simulation  3. Simulation (part 2) - rulers and protractors NOTES FOR PRODUCTION POSSIBILITIES FRONTIER - rulers & protractors simulation   | ----- |
| 2/17 | Test Review | Select Here for Test Reviews from study guide (easier to read) | |
| 2/18 | TEST | 1. Multiple Choice & Matching test (you CAN use your notes) | |
| 2/19- 2/20 2/23 | Entrepreneurs | 1. John Stossel video, wkst & discussion 2. Post-video questions 3. Entrepreneur from the past assignment - complete notes on wkst (wikipedia is okay, but canNOT be your only source - write your sources down) Website Resources: | FRI 2/20 TUES 2/24 |
Daily Activities
Most activities/assignments listed here are explained & detailed in the chart above.
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JANUARY 26-30, 2015
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Monday (Jan. 26)
1. Watch & discuss "Freakonomics" - clip about paying students for good grades
Tuesday (Jan. 27)
1. Introduce "Couch Potatoes" Activity
2. Work time on activity
2. Work time on activity
Wednesday (Jan. 28)
1. Pre-Test - UWRF
Thursday (Jan. 29)
1. Small group discussion of assignment
2. Work time on "Economic Way of Thinking" wkst
2. Work time on "Economic Way of Thinking" wkst
Friday (Jan. 30)
1. Go over & discuss first assignment
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February 2 - 6 2015
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Monday (Feb.2)
1. Why is the Economic Impact of Super Bowls so Controversial - CLOSE read article
2. In small groups complete the APPARTS chart
2. In small groups complete the APPARTS chart
Tuesday (Feb.3)
1. Go over CLOSE read article & APPARTS document
2. Work on Super Bowl Ad assignment
2. Work on Super Bowl Ad assignment
Wednesday (Feb.4)
1. Turn in Super Bowl Ad assignment
2. In small groups, create a rough draft to represent your assigned principle
3. Work time on Section 1 & 3 Reading Assignment
2. In small groups, create a rough draft to represent your assigned principle
3. Work time on Section 1 & 3 Reading Assignment
Thursday (Feb.5)
1. Complete the final copy of the principle "poster" & turn in
2. For your assigned vocab word, complete the "vocabulary chart" - make sure it is not only helpful for you, but for others to understand also
2. For your assigned vocab word, complete the "vocabulary chart" - make sure it is not only helpful for you, but for others to understand also
Friday (Feb.6)
NO SCHOOL for students!!
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FEBRUARY 9-13, 2015
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Monday (Feb. 9)
1. Economic Enigmas
Tuesday (Feb. 10)
1. Vocabulary squares - expert group & share for the class
2. Homework = list everything you would need to start a business due: Wed
2. Homework = list everything you would need to start a business due: Wed
Wednesday (Feb. 11)
1. Finish vocabulary squares
2. Go over assignment
3. Take your list (homework above) and sort into land, labor & capital - add more as you create these new lists due: Thurs
2. Go over assignment
3. Take your list (homework above) and sort into land, labor & capital - add more as you create these new lists due: Thurs
Thursday (Feb. 12)
1. Turn in "Factors of Production" assignment
2. Go over Section 3 assignment & lecture: Production Possibilities
2. Go over Section 3 assignment & lecture: Production Possibilities
Friday (Feb. 13)
1. Simulation for Production Possibilities Frontier - Country of Technologea (smartphones and tablets)
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FEBRUARY 16-20, 2015
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Monday (Feb. 16)
1. Simulation for Production Possibilities Frontier - rulers and protractors
Tuesday (Feb. 17)
1. Go over answers for simulation
2. Review for test
2. Review for test
Wednesday (Feb. 18)
1. UNIT 1 TEST
Thursday (Feb. 19)
1. John Stossel video clip: Entrepreneurs in America - fill out front of wkst
2. Complete back side of wkst due: friday
2. Complete back side of wkst due: friday
Friday (Feb. 20)
1. go over back side of wkst
2. Entrepreneur from the past notes
2. Entrepreneur from the past notes
