Buford High School CURRICULUM CALENDAR
COURSE: Economics
SEMESTER: Semester 1 and 2
TEACHER(S): Cheryl Whigham
WEEK
Week 1
DAY
CONCEPT
OBJECTIVES
Wednesday, 8/7
Syllabus and
explain outline of
course
Explain class
expectations, outline of
course, syllabus




Class expectations and outline of course
PPT - Agenda
What is Economics
Go over syllabus
Thursday, 8/8
Pre-Test
Resources &
Scarcity
Define scarcity and give
examples of productive
resources

Opportunity Costs
and Factors of
Production
Identify factors of
production and give
examples of opportunity
costs
Intro/Review: Why is Economics considered a
"social science"
Take Pre-Test
PPT - 1 - What is Scarcity (including vocabulary)
Intro/Review: What is scarcity and explain why
scarcity exists.
GCEE clip on scarcity, opportunity costs and factors
of production (resources)
Group Activity: Show what you know - Identify
examples of land, labor, capital, and
entrepreneurship
Friday, 8/9
INSTRUCTIONAL STRATEGIES





WEEK
Week 2
DAY
Monday, 8/12
CONCEPT
Production
Possibilities Curve
(PPC)
OBJECTIVES
INSTRUCTIONAL STRATEGIES

Draw and explain how
the PPC shows
opportunity costs


Tuesday, 8/13
Production
Possibilities Curve


Demonstrate their
understanding of the
PPC

1
Intro/Review: What resources are used to produce
a bicycle? Name at least five resources and explain.
PowerPoint on vocab. related to PPC, opportunity
costs, cost-benefit analysis.
In pairs of 2, students will create PPC graphs, and
explain how opportunity costs are shown on their
graphs
Intro/Review: What is a rational economic decision?
Groups will present their PPCs and, using correct
terminology, explain how opportunity costs is
shown/measured on the PPC
Explain points on the PPC that show inefficient use
STANDARDS
(CCGPS, GPS, AP)
SSEF1


SSEF1a,
SSEF1b
SSEF1a, SSEF1b,
SSEF1c and
SSEF1d
STANDARDS
(CCGPS, GPS, AP)
SSEF2a
SSEF2b
SSEF2a, SSEF2b
Buford High School CURRICULUM CALENDAR
COURSE: Economics
SEMESTER: Semester 1 and 2
TEACHER(S): Cheryl Whigham
of resources, efficient use of resources, and one
area that is unattainable.
Wednesday, 8/14
Thursday, 8/15
Specialization
Three basic
economic
questions every
economy should
answer
Give examples of how
individuals and
businesses specialize

Explain how the three
basic economic
questions are answered
in a market, command,
and mixed economy







Friday, 8/16
WEEK
Week 3
DAY
Monday, 8/19
Tuesday, 8/20
The role of
government
CONCEPT
OBJECTIVES
Productivity and
its relationship to
inputs and
outputs
Explain investment in
equipment and
technology and their
relationship to economic
growth
Standards SSEF1 through
SSEF6a,b,c
Review for Unit 1
test

Explain the difference
between goods and
services and how they
are affected by
regulation/deregulation


Intro/Review: What does the line of the PPC
represent?
PPT - Specialization, including vocabulary
Activity: "Division of Labor" using paper activity
Vocabulary (voluntary trade, assembly line
production, efficiency, productivity - how are they
all similar) - Discussion
Intro/Review: How does specialization make an
economy more efficient?
Show GCEE clip on how the three basic economic
questions are answered
PPT - rational economic decision making - answering
the basic economic questions
Using chart, students will identify characteristics of
each type of economy (market, command, mixed).
Intro/Review: Explain at least three benefits of a
free enterprise system or a market economy.
PPT - Guided Notes (explain vocabulary related to
the role of government,
Activity 2-4
INSTRUCTIONAL STRATEGIES




2
Intro/Review: How do nations become more
productive (think -PPC and unattainable point)
PPT - Investing in technology, education, and
economic growth
Benefits of competition - Venn diagram (Section 2-2)
Intro/Review: Draw the PPC and explain how you
would show opportunity cost, inefficient use of
resources, efficient use of resources, and
SSEF3a, SSEF3b
SSEF4a, SSEF4b,
SSEF5a, SSEF6a, b,
c
STANDARDS
(CCGPS, GPS, AP)
SSEF5a, SSEF5b,
FFEf6a,b
SSEF1a, SSEF5a,b,
SSEF6a, b, c
Buford High School CURRICULUM CALENDAR
COURSE: Economics
SEMESTER: Semester 1 and 2
TEACHER(S): Cheryl Whigham
Wednesday, 8/21
Unit 1 Test
Unit 1 Test
Thursday, 8/22
Begin Unit 2 microeconomic
Concepts
Explain the flow of
resources, goods, and
money using the circular
flow of economic
activity

Define Law of Demand
(Microeconomic
Concepts)

Friday, 8/23
WEEK
Week 4




DAY
Monday, 8/26
Tuesday, 8/27
Law of Demand
CONCEPT
Law of Demand
Law of Demand




OBJECTIVES
unattainable points on the PPC
Study Guide and Unit 1 vocabulary
Discussion, Question and answer
Unit 1 Test - Standards SSEF1a through SSEF5b
When Finish test, Draw and Label circular flow
Intro/Review: What is the difference between the
factor market and the product market?
PPT - Lecture role of households, firms, factor
market and product market
Function of money as a medium of exchange
SSEMI1a,b
Intro/Review: What is meant by Demand in
economics?
PPT - Law of Demand and determinants of Demand
Copy and give own examples of the Determinants of
Demand
SSEMI2a
INSTRUCTIONAL STRATEGIES
Explain the difference
between change in
demand and change in
quantity demanded

Show, on a demand
graph, the difference
between a change in
demand and a change in
quantity demanded





3
SSEF1a - SSEF6c
Intro/review: What has to occur to impact demand
for a product?
PPT and GCEE - Lecture: Demand and Supply
In pairs, students will create demand graphs
showing the difference between change in demand
and change in quantity demanded
Intro/Review: What are the determinants of
demand and how do they impact the demand
graph?
Finish graphs in pairs
Presentations - students will present their graphs,
explaining a cause in demand and a cause that
results in change in quantity demanded.
STANDARDS
(CCGPS, GPS, AP)
SSEMI2a,
SSEMI2b,
SSEMI2c, SSEMI2d
SSEMI2a,
SSEMI2b,
SSEMI2c, SSEMI2d
Buford High School CURRICULUM CALENDAR
COURSE: Economics
SEMESTER: Semester 1 and 2
TEACHER(S): Cheryl Whigham
Wednesday, 8/28
Law of Supply

Define law of Supply


Thursday, 8/29
Law of Demand
and Law of Supply



Incorporate law of
demand and law of
supply and graph price
ceilings and price floors
Intro/Review: Who is impacted by a change in
supply
PPT - Change in supply, change in quantity supplied,
and determinants of supply - guided notes
Pairs - Give examples of determinants of supply and
how they impact the supply curve
Intro/Review: What are the demand determinants?
Students will add the supply curve to their graphs
Presentations - explain the impact of change in
supply and change in quantity supplied on their
graphs and show equilibrium. SSEMI2a, SSEMI2b,
SSEMI2c, SSEMI2d
SSEMI2a,
SSEMI2b,
SSEMI2c, SSEMI2d
SSEMI2a,
SSEMI2b,
SSEMI2c, SSEMI2d
Friday, 8/30
Professional
Learning
Early Release
WEEK
Week 5
DAY
Monday, 9/2
Tuesday, 9/3
Wednesday, 9/4
Thursday, 9/5
Friday, 9/6
WEEK
DAY
CONCEPT
OBJECTIVES
INSTRUCTIONAL STRATEGIES
STANDARDS
(CCGPS, GPS, AP)
LABOR DAY HOLIDAY
 Law of Demand and Law of Supply - Explain law of demand and law of supply - Intro/Review: Define and give an example
of income effect : Terminology related to demand and supply, including equilibrium, demand elasticity - Supply
Determinants SSEMI2a, SSEMI2b, SSEMI2c, SSEMI2d
Law of Supply and Demand determinants - Explain law of supply, law of demand, price ceilings and price floors - EQ: What is meant
by government intervention? Give examples - Lecture: Price ceilings and price floors - Vocabulary related to price ceilings and price
floors (SSEMI2a, SSEMI2b, SSEMI2c, SSEMI2d)
Intro Activity: Draw a demand curve, label a price ceiling and label a price floor - Group Student activity - price ceiling/price floors What causes a shortage, what causes a surplus - give examples of each (SSEMI2a, SSEMI2b, SSEMI2c, SSEMI2d, SSEMI3a, b, c.)
Law of Demand, Law of Supply, Demand Elasticity, Price ceilings and price floors: Intro activity: Give examples of items that are
inelastic and items that are elastic. Explain. 2. Activity 6-1 - Go over. 3. Complete practice activity - demand, supply, equilibrium,
price ceilings, and price floors,
CONCEPT
OBJECTIVES
INSTRUCTIONAL STRATEGIES
4
STANDARDS
Buford High School CURRICULUM CALENDAR
COURSE: Economics
SEMESTER: Semester 1 and 2
TEACHER(S): Cheryl Whigham
Week 6
Monday, 9/9
Business and
Market structures

Identify characteristics
of the three types of
business structures



Tuesday, 9/10
Business and
Market structures

Identify the
characteristics of the
four types of market
structures


Wednesday, 9/11
Performance Essay
ENGLISH &
FINE ARTS
Begin review of
Unit 2: Supply,
Demand, Circular
Flow, Bs and Mkt.
Structures

Continue Types of
Business and Market
Structures and begin
review of Unit 2 for Unit
2 Test


Thursday, 9/12
Friday, 9/13
Review Unit 2
Unit 2 Test


Circular Flow, Demand,
Supply, Price ceilings,
Price floors, Business
and Market Structures






Circular Flow, Demand,
Supply, Price ceilings,
Price floors, Business
5
Intro Activity: Cause and Effect
(demand/supply/prices/
substitutes/complements)
Class Discussion
PPT - Lecture: characteristics of types of
business structures
Complete chart/foldable - characteristics of sole
prop, partnership, and corp.
Intro activity: Give one advantage and one
disadvantage of each of the legal forms of bs.
PPT - and guided practice - completing chart of
characteristics of each form of business
structure.
Writing activity - Paragraph - similarities and
difference of business organizations (adv and
disadv. of each)
Intro Activity: Give one example of each type of
market structure and explain.
Review the advantages and disadvantages of
business organizations (using foldable students
created)
Review demand and supply determinants and
effects of each on the graphs
Unit 2 Study Guide
Intro activity: draw a demand/supply graph and
show a price ceiling, price floor and equilibrium
Discuss
PPT Review Game
Study Guide
Q&A
Unit 2 Test
When finish test, complete Macroeconomic
(CCGPS, GPS, AP)
SSEMI2a, SSEMI2b,
SSEMI2c, SSEMI2d,
SSEMI3a, b, c
SSEMI4a,b,c
SSEMI4a,b,c
SSEMI1a,b
SSEMI2a, SSEMI2b,
SSEMI2c, SSEMI2d,
SSEMI3a, b, c
SSEMI4a,b,c
SSEMI1a,b
SSEMI2a, SSEMI2b,
SSEMI2c, SSEMI2d,
SSEMI3a, b,c
SSEMI4a,b,c
SSEMI1a,b
SSEMI2a, SSEMI2b,
SSEMI2c, SSEMI2d,
Buford High School CURRICULUM CALENDAR
COURSE: Economics
SEMESTER: Semester 1 and 2
TEACHER(S): Cheryl Whigham
and Market Structures
WEEK
Week 7
Benchmark
#1
DAY
Monday, 9/16
ELECTIVES
Tuesday, 9/17
ENGLISH
Wednesday, 9/18
MATH
activity (Micro vs. Macro)
CONCEPT
OBJECTIVES
Begin Unit 3
Measuring
economic growth
Economic Growth - How
is the Consumer Price
Index calculated and
what does it measure

Determine how
GDP is calculated
How does GDP measure
the health of an
economy? What is
included/what is
excluded

Unemployment

Measuring
economic growth
INSTRUCTIONAL STRATEGIES









Thursday, 9/19
SCIENCE
Review for
Benchmark 1
Fundamentals of Econ
and Microeconomic
Concepts
Friday, 9/20
SOCIAL STUDIES
Benchmark 1
Fundamentals of Econ
and Microeconomic
Concepts
SSEMI3a, b,c
SSEMI4a,b,c
Intro/Review: What is economic growth and how is it
measured?
class discussion
PPT & GCEE clip - Measuring the economy (Lecture)
Calculate Consumer Price Index
STANDARDS
(CCGPS, GPS, AP)
SSEMA1
Intro: How do we determine whether people are
spending more money in an economy or whether the
prices have increased?
PPT - Lecture - Gross Domestic Product
Identifying intermediate goods vs. final goods
Complete Lesson 2, Act. 12, Parts A, B, and C, identifying
what is counted in GDP
SMEA1a,b,c,d,e,f
Intro/Review: Explain the difference between GDP and
CPI
PPT - types of unemployment/who is and who isn't
counted in the unemployment rate
Students will distinguish between cyclical, structural, and
frictional unemployment
Calculate how unemployment is measured
SMEA1a,b,c,d,e,f

Intro Activity: Difference between PPC and
Supply/Demand Graphs
 Class review
 Questions/Answers over B-1 study guide
Benchmark 1
6
SSEMI1a,b
SSEMI2a,
SSEMI2b,
Buford High School CURRICULUM CALENDAR
COURSE: Economics
SEMESTER: Semester 1 and 2
TEACHER(S): Cheryl Whigham
SSEMI2c,
SSEMI2d,
SSEMI3a, b,c
SSEMI4a,b,c,
SMEA1a.b.c.d.e.f
WEEK
Week 8
DAY
Monday, 9/23
Tuesday, 9/24
CONCEPT
Economic Growth
Economic Growth
OBJECTIVES
INSTRUCTIONAL STRATEGIES

Calculate CPI, GDP and
Unemployment




Analyze how CPI, GDP,
and unemployment
measure the health of
an economy


Wednesday, 9/25
Graduation
Writing Test
Aggregate
Demand (AD) and
Aggregate Supply
(AS)

What causes an increase
or a decrease in
Aggregate Demand and
Aggregate supply



Thursday, 9/26
The Business
Cycle

Define and desribe the
stages/phases of the
business cycle

7
Intro/Review: What are the 3 leading economic
indicators and what does each measure?
Calculate CPI, GDP, Unemployment rate
Explain the difference between nominal vs real GDP
Foldable: types of unemployment
Intro/Review: Explain cyclical, frictional, and
structural unemployment and give one example of
each.
Reading: Economic Outlook - written activity:
explain how the economic indicators play a role in
reporting.
Create a flip chart describing how economic growth
is measured (include formulas for calculating each)
Intro/Review: What determines a nation's standard
of living?
PPT - Aggregate demand/Aggregate supply
Draw and label an Aggregate Demand graph - Show
Aggregate Supply curve
Show and increase in AD and a decrease in AD
(explain each0
Intro Activity/Review: What are events that can
cause changes in aggregate demand and Aggregate
supply?
PPT: Business Cycle Terms and drawing of Business
cycle (what happens in the economy at each
phase/stage of the business cycle)
STANDARDS
(CCGPS, GPS, AP)
SMEA1a,b,c,d,e,f
SMEA1a,b,c,d,e,f
SSEMA
SSEMA1e
Buford High School CURRICULUM CALENDAR
COURSE: Economics
SEMESTER: Semester 1 and 2
TEACHER(S): Cheryl Whigham


Friday, 9/27
Homecoming
Early Release
The business cycle

Students will test their
understanding of the
business cycle


WEEK
Week 9
DAY
Monday, 9/30
Tuesday, 10/1
Wednesday, 10/2
Thursday, 10/3
CONCEPT
The business cycle
Economic
Indicator quiz and
Types of Taxes
Types of Taxes
Review for Unit 3
Test
OBJECTIVES
Students will draw the business cycle and label each
phase, and label what is happening with CPI, GDP
and unemployment at each phase.
Business Cycle vocabulary
Intro/Review: What phase of the business cycle is
unemployment the highest? Why?
Business Cycle/Economic Indicator Worksheet
(group activity)Business cycle/inflation/AD/AS
Go over worksheet in class (each group will prepare
to present a section)
INSTRUCTIONAL STRATEGIES

Identify GDP,CPI, and
Unemployment and
determine effects on
business cycle



Demonstrate
understanding of
economic indicators and
then distinguish
between three types of
taxes.
Explain progressive tax,
proportional tax, and
regressive tax







Macroeconomic
Concepts


8
Intro/Review: What are the three leading economic
indicators and explain what each measures.
Groups will present their section of the economic
indicator worksheet
Review: Identify types of unemployment
Intro: Name at least three types of taxes that
individuals have to pay.
Economic indicator quiz
PPT - Types of Taxes
Foldable: Progressive tax, proportional tax, and
regressive tax (explain and give examples of each)
Intro/Review: What are the four characteristics of a
"good" tax??
Activity: Chapter 14, Section 1 - What are taxes
Study Guide to begin review of Unit 3 test.
Intro: Q&A (each student will write down questions
they have over unit for clarification)
Go over questions
go over study guide for Unit 3
STANDARDS
(CCGPS, GPS, AP)
SSEMA1
a,b,c,d,e,f
SSEMA1a,b,c,d,e,f
SSEMA1a,b,c,d,e,f
SSEMA1a,b,c,d,e,f
Buford High School CURRICULUM CALENDAR
COURSE: Economics
SEMESTER: Semester 1 and 2
TEACHER(S): Cheryl Whigham
Friday, 10/4
WEEK
Week 10
DAY
Monday, 10/7
Unit 3 Test



Assessment of
Measuring economic
growth
CONCEPT
OBJECTIVES
Tools of Monetary
Policy (Begin Unit
4)
Describe the
organization of the
Federal Reserve System
INSTRUCTIONAL STRATEGIES




Tuesday, 10/8
The Federal
Reserve
Wednesday, 10/9
Performance Essay
SOCIAL STUDIES &
CTAE
Thursday, 10/10
Written
Performance Essay
Friday, 10/11
Contractionary vs.
Expansionary
Policy (monetary
policy vs. fiscal
policy
Federal Reserve
Responsibilities vs.
How does the Federal
Reserve use monetary
policy to promote price
stability? (Fed Tools)
Assessment
Intro: What is the Federal Reserve?
Video (14 min. The Fed Today)*approval
with Guided notes/questions to complete.
go over guided notes/questions from video
Clarify vocabulary from video
STANDARDS
(CCGPS, GPS, AP)
SSEMA2a,b,c
Reserve computer lab for students to complete "The
Federal Reserve" activity
SSEMA2a,b,c
Written performance essay
SSEMI2
How does the Federal
Reserve promote price
stability through the
tools of monetary
policy vs. role of
government to
promote price stability

What is money





9
SSEMA1a,b,c,d,e,f
Q&A
Unit 3 test
When finish test, begin vocabulary for unit 4
Intro/Review: What are the three tools of
monetary policy?
Class discussion
Handout - Go over expansionary vs.
contractionary policy - How each tool is used
to promote price stability
Federal Reserve Comic Book - Monetary
Policy - Student activity: Identify Fiscal
policy tools vs. monetary policy tools
Intro: What is money?
PPT - What is money - characteristics and
functions
SSEMA2
SSEMA
Buford High School CURRICULUM CALENDAR
COURSE: Economics
SEMESTER: Semester 1 and 2
TEACHER(S): Cheryl Whigham


WEEK
Week 11
DAY
Monday, 10/14
Tuesday, 10/15
Wednesday, 10/16
PSAT and
College Fair
Thursday, 10/17
Fall Festival
Early Release
CONCEPT
Monetary Policy
vs. Fiscal Policy
Role and functions
of the Federal
Reserve and the
use of Fiscal Policy
OBJECTIVES
Morton AP book: Activity 34 - Analyze how
well each item in the activity would perform
the function of money in today's economy
Compare and Contrast M1 and M2
INSTRUCTIONAL STRATEGIES
FALL HOLIDAY!
Professional Learning Day (Student Holiday)
Explain the
 Intro/Review: What are the tools of
government's taxing
monetary policy vs. the tools of fiscal policy?
and spending decisions
How would each use their tools to control
(fiscal tools) vs. the
inflation/control recession
Teds tools
 Discussion - using tools to expand economy
vs. contract economy (monetary vs. fiscal)
 Think/Pair Share - monetary policy vs. fiscal
policy - How each tool would be used in
scenarios given.
 Study Guide for Unit 4
Compare and contrast
 Intro/Review: Identify functions of money based
monetary policy vs.
on scenarios given.
fiscal policy
 Students will write a reflection explain what they
have learned in this unit. Share with others.
 Tools of Fiscal Policy - Activity 30, Lesson 8
Morton book - Part A and Part B (pg. 503/504)
 Check for understanding/clarification
Friday, 10/18
Professional
Learning
Early Release
10
STANDARDS
(CCGPS, GPS, AP)
SSEMA2,SSEMA3
SSMEA2,SSEMA3
Buford High School CURRICULUM CALENDAR
COURSE: Economics
SEMESTER: Semester 1 and 2
TEACHER(S): Cheryl Whigham
WEEK
Week 12
DAY
Monday, 10/21
CONCEPT
Review for unit 4
test
OBJECTIVES
INSTRUCTIONAL STRATEGIES

Monetary Policy, Fiscal
Policy, Money


Tuesday, 10/22
Review for Unit 4
Test
Monetary Policy, Fiscal
Policy, Functions and
characteristics of money
Wednesday, 10/23
Unit 4 Test
, Monetary Policy, Fiscal
Policy, Functions and
characteristics of money
Thursday, 10/24
International
Trade (Begin Unit
5)
What are trade
barriers?
Comparative and
Absolute Advantage
Identify different types
of trade barriers
Intro/Review: Give examples of how the
government would use fiscal policy if their concern
is inflation. What tools would the federal reserve
use? Explain
Go over student explanations
Students will draw a scenario, answer, then explain
to class - check for understanding/clarification of
monetary and fiscal policy tools
Q&A
Unit 4 Test
When finish test, Complete vocabulary for International
Trade
Q&A
Unit 4 Test
 When finish test, Complete vocabulary for
International Trade
 )





11
Intro: Why do nations trade?
PPT - Explain comparative advantage and absolute
advantage; answer the question: why do nations
trade
Pairs: Activity: determining comparative advantage
vs. absolute advantage. (check for understanding of
terminology
Intro/Review: scenario (handout) Individual class
assignment for intro: Identify comparative
advantage vs. absolute advantage
Work in pairs: Given examples, students will
STANDARDS
(CCGPS, GPS, AP)
SSEMA2, SSEMA3
SSEMA2, SSEMA3,
SSEIN1
SSEIN1
SSEIN1 and
SSEIN2
Buford High School CURRICULUM CALENDAR
COURSE: Economics
SEMESTER: Semester 1 and 2
TEACHER(S): Cheryl Whigham

Friday, 10/25
WEEK
Week 13
Benchmark
#2
DAY
Begin Review for
Benchmark 2
CONCEPT
Monday, 10/28
ELECTIVES
Review for
Benchmark 2
Tuesday, 10/29
SOCIAL STUDIES
Benchmark
Fundamentals of
Economics,
Microeconomic
Concepts,
Macroeconomic
Concepts, Monetary
Policy, Fiscal Policy,
Money and International
trade





identify if the problem is embargo, quota,
standards, or subsidies
Go over trade barrier identification activity
Intro/Review: What is a rational economic decision
Study Guide
Think/Pair/Share: Create a demand/supply graph, show
change in quantity demanded and change in demand
(also supply)
Think/Pair Share: What is the difference between a
demand/Supply graph and a PPC
Class time to work on study guide and ask questions
OBJECTIVES
INSTRUCTIONAL STRATEGIES
Fundamentals of
Economics,
Microeconomic
Concepts,
Macroeconomic
Concepts, Monetary
Policy, Fiscal Policy,
Money and International
trade
Assessment
Intro/Review: Explain the difference between monetary
policy and fiscal policy
Go over intro question
Go over study guide
Discussion
Q&A
Benchmark 2
12
SSEF1 through
SSIEN2
STANDARDS
(CCGPS, GPS, AP)
SSEF1 thru SSEIN2
Buford High School CURRICULUM CALENDAR
COURSE: Economics
SEMESTER: Semester 1 and 2
TEACHER(S): Cheryl Whigham
Wednesday, 10/30
ENGLISH
International
Trade

Explain the difference
between protectionist,
and globalist views.



Thursday, 10/31
MATH
Trading Blocs



Explain NAFTA, EU, AND
ASEAN

Friday, 11/1
SCIENCE
Trading blocs



Explain NAFTA, EU, and
ASEAN


WEEK
Week 14
DAY
Monday, 11/4
CONCEPT
International
Trade Vocabulary
and Exchange
Rates
OBJECTIVES
Intro/Review: Comparative vs. Absolute advantage
problem
PPT - Go over why some oppose trade and others
promote trade.
Compare and contrast - work in pairs - create a
poster labeling globalist vs protectionist and
"Show what you know" - GA Coach page 92 - Go
over in class, reading answers.
SSEIN1, SSEIN2
Computer Lab Assignment
EQ: What are trading blocs and why do they exist?
Research EU, NAFTA, and ASEAN, explaining the
following:
Advantages/disadvantages, purpose, countries
involved, who is helped who is hurt,
powers/responsibilities, what conclusion can you
reach about each?
SSEIN2d
Computer Lab Assignment:
Continue trading bloc assignment:
Research EU, NAFTA, and ASEAN, explaining the
following:
Advantages/disadvantages, purpose, countries
involved, who is helped who is hurt,
powers/responsibilities, what conclusion can you
reach about each?
International Trade Vocab quiz Monday, 11/4
SSEIN2d
INSTRUCTIONAL STRATEGIES

Apply international
trade vocabulary
And calculate exchange
rates


13
EQ: What are exchange rates and how do
fluctuations effect trade?
International trace vocab. Quiz
PPT - fluctuations in exchange rates and how they
STANDARDS
(CCGPS, GPS, AP)
SSEIN2
Buford High School CURRICULUM CALENDAR
COURSE: Economics
SEMESTER: Semester 1 and 2
TEACHER(S): Cheryl Whigham

Tuesday, 11/5
Exchange rates


Explain how the
currency in one nation
affects trade with others



WEEK
Week 15
Wednesday, 11/6
Performance Essay
MATH &
FOREIGN LANG
Review unit on
International
Trade
Review for Unit test International Trade
Thursday, 11/7
Unit 5 Test
Friday, 11/8
Begin Unit 6
Personal Finance
Assessment International Trade
Decision making personal spending and
saving choices
DAY
Monday, 11/11
CONCEPT
Spending, Saving,
and Investing
affect trade
Student Activity - (Morton book - Activity 53 Part A)
Exchange Rates
Intro/Review: Calculation activity
Review: Go over Morton exchange rate activity
from previous day
Student Activity (Morton book) Activity 53 Part B
Go over Activity 53 Part B
International Trade Unit study guide to be given to
students
Intro/Review: What potentially happens to trade when the
US currency depreciates relative to other nations' currency?
Go over Intro/Review
Review study guide answers - (Pairs)
Go over study guide
International Trade Unit Assessment
If finish test, can begin Personal Finance Vocab.
 Intro: Explain the importance of rational economic
decision making related to spending and saving.
Discuss.
 PPT - Into to Personal Finance (Fed reserve PPT Why is Money Important?) class activity - answer
questions at end of PPT
 "Show What You Know" Activity - Coach EOCT bookCreate a "financial goals sheet"
 Personal Finance Vocab check
OBJECTIVES
INSTRUCTIONAL STRATEGIES

Saving options

14
Intro/Review: List types of saving and investing
options discussed on Fed PPT - Why is Money
Important"
Discuss
SSEIN2
SSEIN1, SSEIN2
SSEIN1, SSEIN2
SSEPF1
STANDARDS
(CCGPS, GPS, AP)
SSEPF1, SSEPF2
Buford High School CURRICULUM CALENDAR
COURSE: Economics
SEMESTER: Semester 1 and 2
TEACHER(S): Cheryl Whigham

Tuesday, 11/12
Wednesday, 11/13
Personal Finance - The role of banks  Intro/Review - Interest rate calculation activity (simple interest vs. compound interest)
 PPT - Fed Reserve - The role of a bank
 Pair - Answer the "What do you know" section of PPT - Discuss/ compare answers
o SSEPF2
Thursday, 11/14
Impact of inflation on spending, and investing - Who benefits and who loses from inflation- Identify how interest rates and taxes
effect different income levels
 Intro/Review: Explain how interest rates effect difference income groups - Discuss
 Inflation: Causes and Effects
 GA Coach Book - Activity "Show What You Know" Complete the chart - compare answers with members of your group.
 Go over "Show What You Know"
o SSEPF 3
Understanding Investing - Investing
 Intro/Review: Explain two theories that cause inflation - Discuss
 PPT - Cont.- Fed Reserve - Investing/Interest Rates
 (Complete in pairs) Investment calculations - Activity from Economic simulations
 Go over simulations (if time permits)
o SSEPF 4
Friday, 11/15
WEEK
PPT - Fed Reserve - Personal Finance Investing- Why
students should understand Investing.
 Guided note taking
 Complete PPT Review sheet in pairs - compare and
contrast different types of saving/investing options
 Personal finance vocab check
Financial Institutions for Savings - Demonstrate understanding of interest rates - SSPEF
 Intro: Explain the difference between simple interest and compound interest
 Compare and contrast simple and compound interest by calculating each - Activity
 Go over calculations
DAY
CONCEPT
OBJECTIVES
INSTRUCTIONAL STRATEGIES
15
STANDARDS
(CCGPS, GPS, AP)
Buford High School CURRICULUM CALENDAR
COURSE: Economics
SEMESTER: Semester 1 and 2
TEACHER(S): Cheryl Whigham
Week 16


Monday, 11/18
Budgeting
Budgeting
Tuesday, 11/19
Workers
Earnings
Insurance
Wednesday, 11/20
Review
Review for Personal
Finance Test
Thursday, 11/21
Review and Test
Personal Finance Test
Q: List at least 2 reasons to prepare a budget.
Intro/Review: - Explain the shocks/surprises of costs
of items needed for activity - Discuss
 (Group Activity cont.)Using newspaper grocery sale
papers, etc., students will calculate costs to
determine the cost of a Thanksgiving meal given in
the guidelines of the assignment.
 Calculate costs compared to 2012 Thanksgiving meal
(according to assignment instructions)
Group comparisons on costs of items - who can save the
most?
 Intro/Review - Compare and contrast different
saving options discussed - go over
 Activity - Calculating workers earnings
 Differentiate between types of withholding taxes
 Intro/Activity: What is the purpose of
insurance?
 PPT – Types of Insurances
 Activity 5 – Identifying costs and benefits of
insurance
 Personal Finance Vocab check.
 Intro/Review: List and explain several personal
wealth creations strategies that lead to success. Discuss



Friday, 11/22
EOCT Prep
EOCT Prep
Intro/Review: Explain four-step saving plan from
Fed PPT - Discuss
Personal Finance Test
When Finish Test, begin Thanksgiving budget activity

THANKSGIVING BREAK!
16
SSEPF1
SSEPF6
SSEPF1, 2, 3, and
4, SSEPF6
SSEPF 1,2,3, and 4
SSEPF1, 2,3 and 4
Buford High School CURRICULUM CALENDAR
COURSE: Economics
SEMESTER: Semester 1 and 2
TEACHER(S): Cheryl Whigham
WEEK
Week 17
WEEK
Week 18
DAY
Monday, 12/2
CONCEPT
EOCT Prep
OBJECTIVES

Tuesday, 12/3
EOCT Prep
Begin Review
for EOCT
 Take practice
Test
Continue EOCT Review
Wednesday, 12/4
Performance Essay
SCIENCE &
HEALTH/PE
EOCT Prep
EOCT Study Guide .
Thursday, 12/5
EOCT Prep
Friday, 12/6
EOCT Prep
Demonstrate
understanding of the
Econ Standards
Demonstrate
understanding of the
Econ Standards
DAY
Monday, 12/9
Tuesday, 12/10
Wednesday, 12/11
Thursday, 12/12
Friday, 12/13
CONCEPT
EOCT Review
EOCT Review
EOCT Review
EOCT Review
EOCT Review
INSTRUCTIONAL STRATEGIES





Intro? What is meant by a rational economic
decision?
Quickly review the Econ Domains
Take Practice EOCT
Computer Lab
USA Testprep



Computer Lab
USA Testprep
Website review activities
STANDARDS
(CCGPS, GPS, AP)
SSEPF3
SSEPF4
SSEPF5a, SSEPF5b
EQ: Computer Lab – USA Testprep
Website review activities
SSEPF1 through 6
EQ: Explain the difference between monetary policy and
fiscal policy
Short quiz – EOCT Prep
Study Guide Review
SSEPF1 through 6
OBJECTIVES
INSTRUCTIONAL STRATEGIES
EOCT Review
ECOT Review
EOCT Review
EOCT Review
EOCT Review
17
STANDARDS
(CCGPS, GPS, AP)
Buford High School CURRICULUM CALENDAR
COURSE: Economics
SEMESTER: Semester 1 and 2
TEACHER(S): Cheryl Whigham
WEEK
DAY
Week 19
Benchmark
Week #3
Monday, 12/16
Tuesday, 12/17
Wednesday, 12/18
Thursday, 12/19
Friday, 12/20
CONCEPT
EOCT Review
OBJECTIVES
INSTRUCTIONAL STRATEGIES
EOCT Review
Semester Exams (Benchmark #3) – 7th Period
Semester Exams (Benchmark #3) – 1st & 2nd Periods
Semester Exams (Benchmark #3) – 3rd & 4th Periods
Semester Exams (Benchmark #3) – 5th & 6th Periods
End 1st Semester
18
STANDARDS
(CCGPS, GPS, AP)
Buford High School CURRICULUM CALENDAR
COURSE: Economics
SEMESTER: Semester 1 and 2
TEACHER(S): Cheryl Whigham
WEEK
Week 1
DAY
Monday, 1/6
Tuesday, 1/7
Wednesday, 1/8
Thursday, 1/9
Friday, 1/10
CONCEPT
Syllabus and
explain outline of
course
Pre-Test
Resources &
Scarcity
Opportunity costs
and factors of
production
Production
Possibilities Curve
(PPC)
OBJECTIVES
INSTRUCTIONAL STRATEGIES
Professional Learning Day (Student Holiday)
Explain class
 Intro: What is Economics - Discuss
expectations, outline of
 G over syllabus and class expectations
course syllabus
 Explain outline of course, EOCT, etc.
Define scarcity and give
 Intro/Review: Why is Economics considered a "social
examples of productive
science" - Discuss
resources
 Pre- PPT 1 - What is Scarcity (including vocabulary)
Identify factors of
 Intro/Review: What is Scarcity and explain why
production and give
scarcity exists.
examples of opportunity
 GCEE clip on scarcity, opportunity cists, and factors
costs
of production (resources)
 Group Activity: Show what you know - Identify
examples of land, labor, capital, and
entrepreneurship

Draw and explain the
points on the PPC


WEEK
Week 2
DAY
Monday, 1/13
Tuesday, 1/14
CONCEPT
Production
Possibilities Curve
Specialization
OBJECTIVES
Intro/Review: Identify resources that are used to
product a bicycle? Name at least 5 resources and
explain - Discuss
PPT - Vocab - related to the PPC, opportunity costs,
and cost-benefit analysis
In pairs, students will create PPC graphs and explain
how opportunity costs are shown on their graphs.
INSTRUCTIONAL STRATEGIES
Demonstrate
understanding of the
PPC

Give examples of how
individuals and


19
Intro/Review: What is a rational economic decision"
- Discuss
Groups will present their PPCs and, using corrected
terminology, explain how opportunity costs are
shown/measured on the PPC
Intro/Review - What does the line on the PPC
represent?
STANDARDS
(CCGPS, GPS, AP)
SSEF1
SSEF1a, SSEF1b,
SSEF1c, and
SSEF1d
SSEF1a - SSEF1d
SSEF1a and b
STANDARDS
(CCGPS, GPS, AP)
SSEF2a,b
SSEF3a and b
Buford High School CURRICULUM CALENDAR
COURSE: Economics
SEMESTER: Semester 1 and 2
TEACHER(S): Cheryl Whigham
Wednesday, 1/15
Three basic
economic
questions every
economy should
answer
businesses specialize



PPT - Specialization, including vocabulary
Activity: "Division of Labor" using paper activity
Vocabulary (voluntary trade, assembly line
production, efficiency, productivity - how are all
similar - Discuss
Explain how the three
basic economic
questions are answered
in a market, command,
and mixed economy

Intro/Review: How does specialization make an
economy more efficient?
Show GCEE clip on now the three basic economic
questions are answered
PPT - rational economic decision making - answering
the basic economic questions
Using chart, students will identify characteristics of
each type of economy (market, command, mixed)
Intro/Review: Explain at least three benefits of a
free enterprise system or a market economy
PPT - Guided notes (explain vocabulary related to
the role of government
Activity 2-4 (pairs)
Intro/Review: How do nations become more
productive (think - PPC and unattainable point)
PPT - Investing in technology, education, and
economic growth
Benefits of competition - Venn diagram (Section 2-2)



Thursday, 1/16
Friday, 1/17
WEEK
Week 3
DAY
Monday, 1/20
Tuesday, 1/21
The role of
government
Productivity and
its relationship to
inputs and
outputs
Explain the difference
between goods and
services and how they
are affected by
regulation/deregulation
Explain investment in
equipment and
technology and their
relationship to economic
growth
CONCEPT
OBJECTIVES
Review for Unit 1
test
Standards SSEF1 through
SSEF6a,b






INSTRUCTIONAL STRATEGIES



20
MLK HOLIDAY
Intro/Review: Draw the PPC and explain how you
would show opportunity cost, inefficient use of
resources, efficient use of resources, and
unattainable points on the PPC
Study Guide and Unit 1 vocabulary
Discussion, Question and answer
SSEF41 and b
SSEF5a,
SSEF6a,b,c
SSEF5a, SSEF5b,
SSEF6a,b
STANDARDS
(CCGPS, GPS, AP)
SSEF1a SSEF6a,b,c
Buford High School CURRICULUM CALENDAR
COURSE: Economics
SEMESTER: Semester 1 and 2
TEACHER(S): Cheryl Whigham
Wednesday, 1/22
Unit 1 Test
Unit 1 test
Thursday, 1/23
Begin Unit 2
(Microeconomic
Concepts)
Explain the flow of
resources, goods, and
money using the circular
flow of economic
activity
Define Law of Demand
(Microeconomic
Concepts)
Friday, 1/24
WEEK
Week 4
DAY
Monday, 1/27
Tuesday, 1/28
Wednesday, 1/29
Law of Demand
CONCEPT
Law of Demand
Law of Demand
Law of Supply









OBJECTIVES
Unit 1 Test - Standards SSEF1a - SSEF6c
When finish test, draw and label circular flow in
notes
Begin Unit 2 Vocabulary
Intro/Review: What is the difference between the
factor market and the product market?
PPT - Lecture - role of households, firms, factor
market and product market
Function of money as a medium of exchange
Intro/Review What is meant by Demand in
economics?
PPT - Law of Demand and determinants of Demand
Copy and give own examples of the Determinants of
Demand
INSTRUCTIONAL STRATEGIES
Explain the difference
between change in
demand and change in
quantity demanded

Show, on a demand
graph, the difference
between a change in
demand and a change in
quantity demanded

Define law of Supply






21
Intro/review: What has to occur to impact demand
for a product?
PPT and GCEE - Lecture: Demand and Supply
In pairs, students will create demand graphs
showing the difference between change in demand
and change in quantity demanded
Intro/Review: What are the determinants of
demand and how do they impact the demand
graph?
Finish graphs in pairs
Presentations - students will present their graphs,
explaining a cause in demand and a cause that
results in change in quantity demanded.
Intro/Review: Who is impacted by a change in
supply
PPT - Change in supply, change in quantity supplied,
SSEF1a - SSEF6c
SSEMI1a,b
SSEMI1a,b
SSEMI2a
STANDARDS
(CCGPS, GPS, AP)
SSEMI2a,
SSEMI2b,
SSEMI2c, SSEMI2d
SSEMI2a,
SSEMI2b,
SSEMI2c, SSEMI2d
SSEMI2a,
SSEMI2b,
SSEMI2c, SSEMI2d
Buford High School CURRICULUM CALENDAR
COURSE: Economics
SEMESTER: Semester 1 and 2
TEACHER(S): Cheryl Whigham

Thursday, 1/30
Law of Demand
and Law of Supply
Incorporate law of
demand and law of
supply and graph price
ceilings and price floors



Friday, 1/31
Law of Demand
and Law of Supply
Explain law of demand
and law of supply



22
and determinants of supply - guided notes
Pairs - Give examples of determinants of supply and
how they impact the supply curve
Intro/Review: What are the demand determinants?
Students will add the supply curve to their graphs
Presentations - explain the impact of change in
supply and change in quantity supplied on their
graphs and show equilibrium. SSEMI2a, SSEMI2b,
SSEMI2c, SSEMI2d
Intro/Review : Define and give an example of
income effect
Terminology related to demand and supply,
including equilibrium, demand elasticity
Supply Determinants
SSEMI2a,
SSEMI2b,
SSEMI2c, SSEMI2d
SSEMI2a,
SSEMI2b,
SSEMI2c, SSEMI2c
and d
Buford High School CURRICULUM CALENDAR
COURSE: Economics
SEMESTER: Semester 1 and 2
TEACHER(S): Cheryl Whigham
WEEK
Week 5
DAY
CONCEPT
OBJECTIVES
Law of Supply and
Demand
Determinants
Explain law of demand,
law of supply, price
ceilings and price floors

Tuesday, 2/4
Price ceilings and
price floors

Wednesday, 2/5
Performance Essay
ENGLISH &
FINE ARTS
Law of demand,
law of supply,
demand elasticity,
price ceilings and
p rice floors
Draw graphs showing
price ceilings, price
floors, what leads to
shortage, what leads to
surplus
Practicing
supply/demand graphs
and identifying key
components
Thursday, 2/6
Business and
Market Structures
Identify characteristics
of three types of
business
structures/organizations
Friday, 2/7
Business and
Market structures
Identify characteristics
of the types of business
organizations
Monday, 2/3
INSTRUCTIONAL STRATEGIES



Intro/Review: What is meant by government
intervention? - Discuss
PPT - Price ceilings and price floors
Vocabulary related to price ceilings and price floors
Surplus and Shortage
Intro/Review: Draw a demand curve, label a price
ceiling and label a price floor - discuss
 Group Activity - price ceilings/price floors
 Examples of what causes a shortage, examples of
what causes a surplus.
Intro/Review: Give examples of things that are considered to
be inelastic and items that are considered to be elastic discuss
Activity 6-1
Go over Activity 6-1
Complete practice activity in pairs - demand, supply,
equilibrium, price ceilings, and price floors
 Intro/review: Cause and Effect (demand, supply/
prices; substitutes/complements)
 Discuss intro assignment
 PPT - Lecture: characteristics of types of business
structures
 Complete chart/foldable - characteristics 0f sole
prop., partnership, and corp.
 Intro/review: Give one advantage and one
disadvantage of each of the legal forms of business
 PPT - and guided practice - completing chart of
characteristics of each from of market structure
 Writing activity - paragraph - similarities and
differences of business organizations
23
STANDARDS
(CCGPS, GPS, AP)
SSEMI2a SSEMI2d
SSEMI2a SSEMI3a,b,c
SSEMI2b SSEMI3c
SSEMI2a,b,c,d;
SSEMI3a,b,c;
SSEMI4a,b,c
SSEMI4a,b,c
Buford High School CURRICULUM CALENDAR
COURSE: Economics
SEMESTER: Semester 1 and 2
TEACHER(S): Cheryl Whigham
WEEK
Week 6
Benchmark
#1
DAY
CONCEPT
OBJECTIVES
Monday, 2/10
ELECTIVES
Market Structures
Identify characteristics
of the four types of
market structures
Tuesday, 2/11
SCIENCE
Review for
Benchmark 2
Wednesday, 2/12
SOCIAL STUDIES
Benchmark 1
Thursday, 2/13
ENGLISH
Unit 3 Macroeconomic
Concepts
Measuring
Economic Growth
Fundamentals of
Economics and
Microeconomic
Concepts
Fundamentals of
Economics and
Microeconomic
Concepts
Economic Growth - How
is the consumer price
index calculated and
what does it measure?
Friday, 2/14
MATH
Determine how
GDP is calculated
INSTRUCTIONAL STRATEGIES

Intro/Review: Explain the four types of business
structures from least competitive to most
competitive - Discuss.
 Begin Unit 2 Review
 Benchmark 2 study guide
 Intro/Review: Difference between PPC and
supply/demand graphs
 Class review
 Questions/Answers over B-1 study guide
Benchmark 1 Assessment (Will Include unit 1 and Unit 2)





How does GDP measure
the health of an
economy? What is
included/what is
excluded from GDP



WEEK
Week 7
DAY
Monday, 2/17
Tuesday, 2/18
CONCEPT
OBJECTIVES
Intro/Review: What is economic growth a and how
is it measured?
Class discussion
PPT & GCEE clip - Measuring the health of the
economy (Lecture)
Activity: Calculating the Consumer Price index
Intro: How do we determine whether people are
spending more money in an economy or whether
the prices have increased?
PPT - Lecture - GDP
Identifying intermediate goods vs. final goods
(Activity)
Complete Lesson 2, Activity 12, Parts A, B, and C,
what is counted and what is not counted in GDP
INSTRUCTIONAL STRATEGIES
Review for Econ Benchmark to be given Tuesday, February 18
Economics Benchmark Assessment
24
STANDARDS
(CCGPS, GPS, AP)
SSEMI4a,b,c
SSEF1 - SSEMIf4f
SSEF1 - SSEMIf4f
SSEMA1
SSEMA1a - f
STANDARDS
(CCGPS, GPS, AP)
Buford High School CURRICULUM CALENDAR
COURSE: Economics
SEMESTER: Semester 1 and 2
TEACHER(S): Cheryl Whigham
Wednesday, 2/19
Measuring
Economic Growth

Unemployment



Thursday, 2/20
Economic Growth

Calculate CPI. GDP, and
Unemployment



Friday, 2/21
Aggregate
demand (AD) and
Aggregate Supply
(AS)

What causes an increase
or a decrease in AD and
AS



25
Intro/Review: Explain the difference between GDP
and CPD - discuss
PPT - Types of unemployment/who is and who isn't
counted in the unemployment rate
Students will distinguish between cyclical, structural
and frictional unemployment
Calculate how unemployment is measured.
SSEMA1a - F
Intro/Review: What are the 3 leading economic
indicators and what does each measure?
Calculate CPI, GDP, unemployment
Explain the difference between nominal vs. real GDP
Foldable: types of unemployment
SSEMA1a - f
Intro/Review: What determines a nation's standard
of living?
PPT - Aggregate demand/aggregate supply
Draw and label and AD graph - Show Aggregate
supply curve
Show an increase in AD and a decrease in AD
(explain each)
SSEMA
Buford High School CURRICULUM CALENDAR
COURSE: Economics
SEMESTER: Semester 1 and 2
TEACHER(S): Cheryl Whigham
WEEK
Week 8
DAY
CONCEPT
OBJECTIVES
Monday, 2/24
The Business
Cycle
Define and describe the
stages/phases of the
business cycle
Tuesday, 2/25
The business cycle
Students will
demonstrate their
understanding of the
business cycle
Wednesday, 2/26
Performance Essay
SOCIAL STUDIES &
CTAE
Thursday, 2/27
Written
Performance
Written Performance
The business cycle
Identify GDP, CPI, and
Unemployment and
determine effects on
business cycle
Friday, 2/28
Economic
Indicator quiz and
types of taxes
INSTRUCTIONAL STRATEGIES

Intro/Review: What are events that can cause
changes in AD and AS.
 PPT - Business Cycle Terms and drawing of Business
cycle (what happens in the economy at each
phase/stage of the business cycle)
 Students will draw the business cycle and label each
phase, and label what is potentially happening with
CPI, GDP, and unemployment at each phase.
 Business cycle vocabulary
 Intro/Review: What phase of the business cycle is
unemployment the highest? Why? Discuss
 Business cycle/economic indicator worksheet (group
activity) Business cycle/inflation/AD/AS
 Go over worksheet in class (each group will prepare
to present a section)
Written Performance




Demonstrate
understanding of
economic indicators and
then distinguish
between three types of
taxes



26
Intro/Review: What are the three leading economic
indicators and explain what each measures
Groups will present their section of the economic
indicator worksheet
Review: Identify types of unemployment
Intro/Review: Name at least three types of taxes
that individuals have to pay.
Economic indicator quiz
PPT - Types of Taxes
Foldable: Progressive tax, proportional tax, and
regressive tax (explain and give examples of each)
STANDARDS
(CCGPS, GPS, AP)
SSEMA1e
SSEMA1 - f
SSEMI2
SSEMA1a - f
SSEMA1a - F
Buford High School CURRICULUM CALENDAR
COURSE: Economics
SEMESTER: Semester 1 and 2
TEACHER(S): Cheryl Whigham
WEEK
Week 9
WEEK
Week 10
DAY
Monday, 3/3
CONCEPT
Review for Unit 3
Test
OBJECTIVES
INSTRUCTIONAL STRATEGIES

Macroeconomic
Concepts


Intro: Q&A: (each student will write down questions
they have over unit for clarification)
Activity: Chapter 14, Section 1 - What are taxes
study Guide to begin review of Unit 3
Intro: Question??
Unit 3 Test
When finish test, begin vocabulary for unit 4
Tuesday, 3/4
Unit 3 Test
Assessment of
Macroeconomic
Concepts



Wednesday, 3/5
Unit 4 - Tools of
Monetary Policy
and The Federal
Reserve
Describe the
organization of the
Federal System


Thursday, 3/6
The Federal
Reserve
Friday, 3/7
Contractionary vs.
Expansionary
Policy (monetary
policy vs. fiscal
policy)
How does the Federal
Reserve use monetary
policy to promote price
stability? (Fed tools)
How does the Federal
Reserve promote price
stability through the
tools of monetary policy
vs. role of government
to promote price
stability
DAY
Monday, 3/10
CONCEPT
Federal Reserve
Intro: What is the Federal Reserve?
Video (14 min. The Fed Today)*Approval with
guided notes/questions to complete.
 Go over guided notes/questions from video
 Clarify vocabulary (H/) - Monetary Policy "info
sheet"
Reserve computer lab for students to complete "The Federal
Reserve" activity




OBJECTIVES
Intro/Review: what are the three tools of monetary
policy?
Class discussion
Handout - Go over expansionary vs. contractionary
policy - How each tool is used to promote price
stability
Federal Reserve Comic Book - Monetary Policy Student activity: Identify Fiscal policy tools vs.
monetary policy tools
INSTRUCTIONAL STRATEGIES

What is Money?
27
Intro: What is Money?
STANDARDS
(CCGPS, GPS, AP)
SSEMA1a - f
SSEMA1a - f
SSEMA2a,b,c
SSEMA2a,b,c
SSEMA2a,b,c
STANDARDS
(CCGPS, GPS, AP)
SSEMA
Buford High School CURRICULUM CALENDAR
COURSE: Economics
SEMESTER: Semester 1 and 2
TEACHER(S): Cheryl Whigham


Responsibilities

Tuesday, 3/11
Role and
Functions of the
Federal Reserve
and the use of
Fiscal Policy

Compare and contrast
monetary policy vs.
Fiscal policy


Wednesday, 3/12
Unit 4 Test
Monetary Policy, Fiscal
Policy, Money
Thursday, 3/13
Monetary Policy
Monetary Policy, Fiscal
Policy, Functions and
characteristics of Money









Friday, 3/14
PPT - What is Money - characteristics and functions
Morton AP Book: Activity 34 - Analyze how well
each item in the activity would perform the function
of money in today's economy - Discuss
Compare and contrast M1 and M2
Intro/Review: Identify functions of money based on
scenarios given
Students will write a reflection explaining what they
have learned in this unit. Share with others - discuss
Unemployment - book - Part A and Part B (pg.
503/504)
Check for understanding/clarification
Unit Study Guide
Question???
Unit 4 Test
Monetary/Fiscal Policy Vocab
Intro: Q&A
Give examples of how the government would use
fiscal policy if their concern is inflation. What tools
would the federal Reserve use? Explain
Go over student explanations
Students will draw a scenario, answer, then explain
to class - check for understanding/clarification of
monetary and fiscal policy tools
Professional Learning (Student Holiday)
28
SSEMA2, SSEMA3
SSEMA2,3
SSEMA2, SSEMA3
SSEIN1
Buford High School CURRICULUM CALENDAR
COURSE: Economics
SEMESTER: Semester 1 and 2
TEACHER(S): Cheryl Whigham
WEEK
Week 11
DAY
Monday, 3/17
CONCEPT
Unit 5 International
Trade
OBJECTIVES
INSTRUCTIONAL STRATEGIES


Comparative Advantage
vs. Absolute Advantage

Tuesday, 3/18
International
Trade

Identify different types
of trade barriers


Wednesday, 3/19
Performance Essay
MATH &
FOREIGN LANG
International
Trade

Explain the difference
between protectionist
and globalist views



Thursday, 3/20
Professional
Learning
Early Release
Trading Blocs



Explain NAFTA, EU, and
ASEAN

29
Intro: Why do nations trade?
PPT - Explain comparative advantage and absolute
advantage; answer the question: why do nations
trade
Pairs: Activity: determining comparative advantage
vs. absolute advantage. (check for understanding of
terminology)
STANDARDS
(CCGPS, GPS, AP)
SSEIN1
Intro/Review: scenario (handout) Individual class
assignment for intro: Identify comparative
advantage vs. absolute advantage
Work in pairs: Given examples, students will
identify if the problem is embargo, quota,
standards, or subsidies
Go over trade barrier identification activity
SSEIN1 and
SSEIN2
Intro/Review: Comparative vs. Absolute advantage problem
PPT - Go over why some oppose free trade and
others promote free trade.
Compare and contrast - work in pairs - create a
poster labeling globalist vs. protectionist and why
"Show what you know" GA Coach pg. 92 - Go over in
class, reading answers.
Computer Lab Assignment
EQ: What are trading blocs and why do they exist?
Research NAFTA, EU and ASEAN, explaining the
following:
Advantages/disadvantages, purpose, countries
involved, who is helped - who is hurt
power/responsibilities, what conclusion can you
reach about each?
SSEIN1, SSEIN2
SSEIN2
Buford High School CURRICULUM CALENDAR
COURSE: Economics
SEMESTER: Semester 1 and 2
TEACHER(S): Cheryl Whigham
Friday, 3/21
Professional
Learning
Early Release
WEEK
Week 12
Benchmark
#2
(Friday)
DAY
Trading Blocs
CONCEPT
Explain NAFTA, EU, and
ASEAN
Computer Lab Assignment:
Continue trading bloc assignment:
 Research NAFTA, EU and ASEAN, explaining the
following:
Advantages/disadvantages, purpose, countries involved, who
is helped - who is hurt, power/responsibilities, what
conclusion can you reach about each?
International trade vocab quiz reminder
OBJECTIVES
INSTRUCTIONAL STRATEGIES
Monday, 3/24
International
Trade and
Exchange rates
Apply International
trade vocabulary and
calculate exchange rates
Tuesday, 3/25
Exchange rates
Explain how the
currency in one nation
affects trade with others
Wednesday, 3/26
International
Trade Unit
Review
Review for International
Trade Unit Assessment
Thursday, 3/27
International
Trade Assessment
Personal Finance
International Trade
Assessment
Decision making -
Friday, 3/28

EQ: What are exchange rates and how do
fluctuations effect trade?
 International trade vocab.  PPT - fluctuations in exchange rates and how they
affect trade
 Student activity - (Morton book - Activity 53, Part A)
Exchange Rates
 Intro/Review: Calculation activity
 Review: go over Moron exchange rate activity from
previous day
 Student Activity (Morton book) activity 53, Part B
 Go over Activity 53, Part B
 International trade Unit Study guide to be given to
students
 Intro/Review: What potentially happens to trade
when the U.S. currency depreciates relative to other
nations currency?
 Go over Intro/Review
 Review study guide answers - (Pairs)
 Go over Study Guide
International Trade Unit Assessment
Begin vocab for Personal Finance
 Intro: Explain the importance of rational economic
30
STANDARDS
(CCGPS, GPS, AP)
SSEIN2
SSEIN1, SSEIN2
SSEIN1, SSEIN2
SSEPF1
Buford High School CURRICULUM CALENDAR
COURSE: Economics
SEMESTER: Semester 1 and 2
TEACHER(S): Cheryl Whigham
ELECTIVES
personal spending and
saving choices




WEEK
Week 13
Benchmark
#2
(Monday –
Thursday)
DAY
Monday, 3/31
MATH
CONCEPT
Begin Review for
Benchmark 2
Tuesday, 4/1
SCIENCE
Continue
Benchmark 2
Review
Wednesday, 4/2
SOCIAL STUDIES
Thursday, 4/3
ENGLISH
Benchmark 2
Assessment
Spending, Saving,
and Investing
decision making related to spending and saving.
Discuss
PPT - Intro to Personal Finance (Fed reserve PPT Why is Money important?) class activity - answer
questions at tend of PPT
"Show what your know" activity - Coach eOCT book
Create a "financial goals sheet"
Personal Finance Vocab check
OBJECTIVES
INSTRUCTIONAL STRATEGIES
Fundamentals of
Economics,
Microeconomic
Concepts,
Macroeconomic
Concepts, Monetary
Policy, Fiscal Policy,
Money and International
trade
Fundamentals of
Economics,
Microeconomic
Concepts,
Macroeconomic
Concepts, Monetary
Policy, Fiscal Policy,
Money and International
trade
Benchmark 2





Intro/Review: What is a rational economic decision
Study Guide
Think/Pair/Share: Create a demand/supply graph, show
change in quantity demanded and change in demand
(also supply)
Think/Pair Share: What is the difference between a
demand/Supply graph and a PPC
Class time to work on study guide and ask questions
Benchmark 2

Saving options

31
Intro/Review: List types of saving and investing
options discussed on FED PPT - Why is Money
Important"
Discuss
STANDARDS
(CCGPS, GPS, AP)
SSEF1 through
SSIEN2
SSEF1 - SSEIN2
SSPF1, SSPF2
Buford High School CURRICULUM CALENDAR
COURSE: Economics
SEMESTER: Semester 1 and 2
TEACHER(S): Cheryl Whigham




Friday, 4/4
Buford’s
Got Talent
Financial
Institutions for
Savings

Demonstrate
understanding of
interest rates


SPRING BREAK!
WEEK
Week 14
DAY
Monday, 4/14
CONCEPT
Personal Finance
OBJECTIVES

The Role of Banks
Wednesday, 4/16
Impact of
inflation on
spending and
investing
Who benefits and who
loses from inflation Identify how interest
rates and taxes effect
different income levels
Saving
Comparing various
investment options
Intro/Review: Explain the difference between
simple interest and compound interest
Compare and contrast simple and compound
interest by calculating each - activity
go over calculations
INSTRUCTIONAL STRATEGIES


Tuesday, 4/15
PPT - Fed Reserve - Personal Finance Investing - Why
students should understand investing
Guided note-taking
Complete PPT Review sheet in pairs - compare and
contrast different types of saving/investing options
Personal Finance vocab. check







32
Intro/Review: Interest rate calculation activity
(simple vs. compound interest)
PPT - Fed. Reserve - The Role of Banks
Pair - Answer the "What do you know" section of
PPT - Discuss/compare answers
Intro/Review Explain how interest rates impact
different income groups - Discuss
Inflation - Causes and Effects
GA Coach Book - Activity "Show What you Know"
Complete the chart - compare answers with
members of your group.
Go over "Show What You Know"
Intro/Activity: What is the difference between
stocks and bonds? - discuss
PPT - Fed - Investment Options
Activity 5 - Economic Simulations maximizing
Savings
SSPPF
STANDARDS
(CCGPS, GPS, AP)
SSEPF2
SSPF3
SSEPF2,3,4
Buford High School CURRICULUM CALENDAR
COURSE: Economics
SEMESTER: Semester 1 and 2
TEACHER(S): Cheryl Whigham
Thursday, 4/17
Friday, 4/18
Workers Earnings
Budgeting


Differentiate between
types of withholding
taxes



Developing short and
long term goals


WEEK
Week 15
DAY
CONCEPT
Monday, 4/21
Using credit
Tuesday, 4/22
Insurance
Wednesday, 4/23
Performance Essay
SCIENCE &
HEALTH/PE
Thursday, 4/24
Review for
Personal Finance
Test
Personal Finance
OBJECTIVES
Personal Finance Vocab check.
Intro/Review: Compare and contrast different
saving options discussed - go over
Activity: Calculating workers earnings
Differentiate between types of withholding taxes
Intro/Review; List and explain several personal
wealth creation strategies that lead to success Discuss
PPT - Fed - Creating Financial Stability - Guided
Notes
Review list of short and long term goals - class
discussion
INSTRUCTIONAL STRATEGIES
The costs and benefits of
using credit
Explain the costs and
benefits associated with
different types of
insurance
Intro: What is credit - advantages and disadvantages

33
SSEPF 1,2,3, 4,
SSEPG6
STANDARDS
(CCGPS, GPS, AP)
SSEPF3
SSEPF4

Intro: What types of insurance are you familiar
with?
Discussion
PPT - Insurance
Vocab related to insurance - (GA Coach activity)
Explain the difference between whole life insurance
and term life insurance
Study Guide for Personal Finance Test
Give EOCT study materials
Intro/Review: Scenario - using credit - calculating
least expensive options
Study guide Q&A - Personal Finance


Personal Finance Test
EOCT Study Guide
SSEPF1 - SSEPF6






Saving and Investing,
Insurance, Credit,
determining workers'
earnings, budgeting
Demonstrate
understanding of
Personal Finance
SSEPF6
SSEPF1 - SSEPF6
Buford High School CURRICULUM CALENDAR
COURSE: Economics
SEMESTER: Semester 1 and 2
TEACHER(S): Cheryl Whigham
Friday, 4/25
WEEK
Week 16
DAY
Monday, 4/28
Tuesday, 4/29
Wednesday, 4/30
Thursday, 5/1
Friday, 5/2
WEEK
Week 17
DAY
Monday, 5/5
Tuesday, 5/6
Wednesday, 5/7
Thursday, 5/8
Friday, 5/9
CONCEPT
Personal Finance
Review
Personal Finance
Test
EOCT Review
EOCT Review
EOCT Review
CONCEPT
EOCT Review
EOCT Review
EOCT Review
EOCT Review
EOCT Review
OBJECTIVES
Personal Finance
Review
Test
Prepare for Personal Finance Test
EOCT Review
EOCT Review
EOCT Review
EOCT Review
EOCT Review
EOCT Review
EOCT Review
EOCT Review
EOCT Review
EOCT Review
EOCT Review
Week 18
DAY
Monday, 5/12
Tuesday, 5/13
Wednesday, 5/14
Thursday, 5/15
Friday, 5/16
CONCEPT
EOCT Review
EOCT Review
EOCT Review
EOCT
INSTRUCTIONAL STRATEGIES
AP Exams
Monday, May 12 – AP Biology (AM) and AP Music Theory (AM)
Tuesday, May 13 – AP Government (AM) and AP Human Geography (PM)
STANDARDS
(CCGPS, GPS, AP)
EOCT Review
EOCT Review
EOCT Review
EOCT Review
EOCT Review
Career Pathways Testing
Tuesday, 5/6
Make-Up Exams As Needed
OBJECTIVES
EOCT Review
EOCT Review
EOCT Review
EOCT
STANDARDS
(CCGPS, GPS, AP)
ALL
Personal Finance Test
OBJECTIVES
AP Exams
Monday, 5/5 – AP Chem (AM), AP Enviro Science (AM), and AP Psych(PM)
Wednesday, 5/7 – AP Calculus (AM)
Thursday, 5/8 – AP English Literature (AM)
Friday, 5/9 – AP English Language (AM), AP Art (AM), and AP Statistics (PM)
WEEK
INSTRUCTIONAL STRATEGIES
INSTRUCTIONAL STRATEGIES
STANDARDS
(CCGPS, GPS, AP)
EOCT Review
EOCT Review
EOCT Review
EOCT
EOCTs
Thursday, 5/15 – Economics
Friday, 5/16 – 9th Lit & Comp, American Lit & Comp, & Analytic Geometry
34
Buford High School CURRICULUM CALENDAR
COURSE: Economics
SEMESTER: Semester 1 and 2
TEACHER(S): Cheryl Whigham
Wednesday, May 15 – AP US History (AM)
Thursday, May 16 – AP Macroeconomics (AM) and AP World History (AM)
WEEK
Week 19
Benchmark
#3
DAY
Monday, 5/19
Tuesday, 5/20
Wednesday, 5/21
Thursday, 5/22
Friday, 5/23
CONCEPT
(Other EOCTs will be given during Semester Exam periods.)
OBJECTIVES
INSTRUCTIONAL STRATEGIES
Senior Exams (Benchmark #3 – 4th, 5th, 6th, & 7th)
Senior Exams (Benchmark #3 – 1st, 2nd, & 3rd) / Semester Exams (Benchmark #3 – 7th)
Semester Exams (Benchmark #3 – 1st & 2nd)
Semester Exams (Benchmark #3 – 3rd & 4th)
Semester Exams (Benchmark #3 – 5th & 6th)
35
STANDARDS
(CCGPS, GPS, AP)