UNIT: Economic Growth (GDP)
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Learning Targets for the Unit:
I CAN…calculate gross domestic product (GDP).
I CAN...explain how and why GDP would be calculated as both nominal and real.
I CAN...differentiate between the expenditure and income approach for calculating GDP and explain reasons for using both.
I CAN...list the limitations of GDP in evaluating economic growth.
I CAN...identify factors that influence GDP.
I CAN...describe other output and income measures.
I CAN...analyze how economic growth is measured.
I CAN...explain “capital deepening” and how it contributes to economic growth.
I CAN...analyze how saving and investment are related to economic growth.
I CAN...explain the impact of population growth, government and foreign trade on economic growth.
I CAN...identify the causes and impact of technological progress.
Essential Question(s) for the Unit:
What does GDP show us, and not show us, about the nation’s economic situation?
How does the economy grow?
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COLOR KEY: WEBSITE/REVIEW VIDEO LINK SUMMATIVE ASSESSMENT CLASS NOTES 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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Chapter 12 Section 1
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1. Read Chapter 6 Section 1
2. Complete the table on pg. 307 as you read.
3. After reading complete #3-10 on pg. 314.
4. Lecture Notes & practice wkst
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Tues
5/19
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Chapter 12 Section 3
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1. Read Chapter 6 Section 3
2. Complete the table on pg.323 as you read.
3. After reading complete #3-11 on pg. 330.
4. Lecture Notes & practice wkst
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Tues
5/19
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5/19
5/21
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Vocabulary
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1. Define each of the vocabulary words from Sections 2 & 3 in your own words.
2. Schematic Mapping - using the above vocabulary words (printed on green paper), cut them out and organize them based on their relationship to one another.
-You have to use each word at least one time
-You may use words more than once
-Create a graphic organizer using the words and showing their relationship to one another
-Fill in the “map” with connectors and brief descriptions (to SHOW the actual relationship) using markers/colored pencils
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Wed
5/20
Tues
5/26
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Test
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Daily Activities
Most activities/assignments listed here are explained & detailed in the chart above.
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May 18 - May 22, 2015
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Monday (May 11)
1. Work GDP Reading Assignment
Tuesday (May 12)
1. Go over answers for reading assignment in small groups
2. Start vocab - define terms into your own words (due: Wed)
2. Start vocab - define terms into your own words (due: Wed)
Wednesday (May 13)
1. Lecture Notes & wkst for Section 1
2. Complete wkst for tomorrow
2. Complete wkst for tomorrow
Thursday (May 14)
1. Go over answers to wkst (calculating nominal & real GDP)
2. Vocabulary - schematic mapping (alone or in small groups)
2. Vocabulary - schematic mapping (alone or in small groups)
Friday (May 15)
2. Finish Vocabulary Schematic Mapping - due: Tues
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May 25 - May 29, 2015
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Monday (May 25)
No School - Memorial Day
Tuesday (May 26)
1. Discuss vocab schematic maps with classmate
2. Turn in Vocab Assignment
3. Lecture notes & discussion - GDP and history (Section 2)
2. Turn in Vocab Assignment
3. Lecture notes & discussion - GDP and history (Section 2)
Wednesday (May 27)
1. Complete Section 2 wkst & go ove
2. Lecture notes & discussion - growing the economy
2. Lecture notes & discussion - growing the economy
Thursday (May 28)
1.
Friday (May 29)
1.
