Economics, 4th six weeks, spring 2014 Donald R. Marshall M.Ed., room 1807 Date lesson/objective January 8 Introduction to class, textbooks, vocabulary for chapter 1, Using Line Graphs, Using Bar Graphs, Using tables and charts, determining mean and median, Use appropriate mathematical skills to interpret social studies information January 9 Primary and secondary sources 1, enrichment 1, critical thinking 1 Use appropriate mathematical and reading skills to interpret social studies information January 10 Texas Economy: general trends, government and industry, NAFTA, Oil and Gas, Southwest Airlines Understand the rights and responsibility of individuals and businesses in the free enterprise system January 13 Read/Discuss scarcity and the science of economics, textbook chapter 1 section 1 pages 5 – 10 Understand the basic principle of the U.S. free enterprise system January 14 Read/Discuss basic economic concepts, textbook chapter 1 section 2 pages 12 – 17 Understand the basic principle of the U.S. free enterprise system, circular flow chart January 15 Read/Discuss economic choices and decision making, textbook chapter 1 section 3 pages 19 – 25 Understand the basic principle of the U.S. free enterprise system January 16 student academic practice: Chapter 1 vocabulary quiz Students demonstrate knowledge of economics by correctly completing vocabulary quiz for chapter 1 January 17 student academic practice: chapter 1 essay questions Students demonstrate knowledge and writing skills by answering questions on economic principles January 21 Student academic practice: Chapter 1 section quizzes Students demonstrate knowledge of economic by correctly finding answers to various questions January 22 Student academic achievement: Chapter 1 exam Students demonstrate knowledge of economic principles by multiple choice exam Optional academic practice grade: page 29 Applying Economic Concepts # 1,2,3 January 23 review exam, video on economic systems. Math practice 1 trade- offs, primary and secondary sources 2 January 24 Read/Discuss economic systems, textbook chapter 2 section 1 pages 33 – 39 Students understand traditional, command, and market economic systems January 27 Read/Discuss evaluating economic performance, textbook chapter 2 section 2 pages 41 – 44 Understand the concept of scarcity and opportunity cost January 28 Read/Discuss capitalism, and economic freedom, textbook chapter 2 section 3 pages 46 – 51 Understand the role of individuals in the U.S. free market system January 29 Critical thinking 2: cause and effect in a market economy, Primary and Secondary sources 3 Understand the role of individuals in the U.S. free market system January 30 student academic practice: chapter 2 vocabulary quiz Students demonstrate knowledge of economic vocabulary through a quiz January 31 student academic practice: chapter 2 essay Students demonstrate knowledge and writing skills through an essay assignment February 3 student academic practice: chapter 2 section quizzes Students demonstrate knowledge of individual economic freedoms by finding answers February 4 student academic achievement: chapter 2 exam Students demonstrate knowledge by correctly answering questions Optional academic practice grade; page 54: Thinking Critically # 1,2,3 February 5 review exam, enrichment 3, critical thinking 3, and math practice 3 February 6 Read/Discuss forms of business organizations, textbook chapter 3 section 1 pages 57 – 66 Understand the rights and responsibility of businesses in a free enterprise system February 7 Read/Discuss business growth and expansion, textbook chapter 3 section 2 pages 67 - 73 Understand the rights and responsibilities of businesses in a free enterprise system February 10 Read/Discuss other organizations, textbook chapter 3 section 3 pages 75 – 79 Understand the rights and responsibilities of businesses in a free enterprise system February 11 student academic practice: chapter 3 vocabulary quiz Students demonstrate knowledge of business formation through a vocabulary quiz February 12 student academic practice: chapter 3 section quizzes Students demonstrate knowledge of business formation through finding answers on questions February 13 student academic achievement: chapter 3 exam Students demonstrate knowledge of business formations through a multiple choice exam Optional academic practice grade: page 83: Applying Economic Concepts # 1,2,4 February 14 review exam, Read/Discuss what is demand, textbook chapter 4 section 1 pages 89 – 93 Understand the interrelationship of demand and price February 17 Read/Discuss factors affecting demand, textbook chapter 4 section 2 pages 95 – 99 Understand the interrelationship of demand and price February 18 Read/Discuss elasticity of demand, textbook chapter 4 section 3 Understand the interrelationship of demand and price February 19 student academic practice: chapter 4 vocabulary quiz Students demonstrate knowledge of demand through a vocabulary quiz February 20 student academic achievement: chapter 4 exam Students demonstrate knowledge of demand through a multiple choice exam Optional academic practice grade: page 111: Applying Economic Concepts # 2,3 February 21 student make-up day