Harrison High School: Lesson Plans Week-At-A-Glance WEEK: 9 GOAL: Monday Essential Question: How do fiscal policy and monetary policy work together? Standard: SSEMA3 Tuesday Essential Question: What is the federal reserve Students will explain how the government uses fiscal policy to promote price stability, full employment, and economic growth. Students will explain how the government uses fiscal policy to promote price stability, full employment, and economic growth. SSEPF 3 SSEPF 3 Students will explain how changes in the monetary and fiscal policy can have an impact on an individual’s spending and saving choices. Students will explain how changes in the monetary and fiscal policy can have an impact on an individual’s spending and saving choices. Objectives: Objectives: Objectives: Objectives: Objectives: Students will be able to: -Describe the different types of actions and policies the government implements to stabilize the economy. -Explain the various concepts associated with macroeconomics Students will be able to: Students will be able to: -Explain how the government uses fiscal policy as a tool for achieving its economic goals. -Analyze Keynesian economic policy -Summarize problems created by the national debt. Students will be able to: . -Explain how the Federal Reserve uses three basic tools to implement monetary policy. -Understand why some policies are favored over others. -Understand how monetary policy works. -Describe two distinct approaches to monetary policy. Students will be able to: Describe the process of money creation. Discuss how the Federal Reserve serves the federal government. Understand why some monetary policy tools are favored over others. Students will be able to -Describe the 3 uses of money. -Understand the sources of money’s value. Describe development in banking during the 20th century -Explain the function of financial institutions. -Identify different types of financial institutions. Activities: Study guide for Unit III test Activities: Activities: Activities: Activities: Federal reserve activity Personal Finance Handbook Activity PowerPoint Review for unit III test Standard: SSEMA3 Wednesday Essential Question: What are the monetary policy tools used by the Federal Reserve? Standard: SSEMA2 Thursday Essential Question: What is money creation? Students will explain the role and functions of the Federal Reserve Students will explain the role and functions of the Federal Reserve Standard: SSEMA2 Friday Essential Question: What are the six characteristics of money? Standard: SSEPF1 Students will apply rational decision making to personal spending and savings choices. SSEPF2 Students will explain that banks and other financial institutions are businesses that channel funds from savers to investors. Worksheet on Federal Reserve Unit III Test Case Study: Banking, Monetary Policy, and the Great Depression HW- Chapter 16 Study Guide Video on Federal Reserve John Stossell Video *Template created by AVID.