ECONOMICS
MONDAY
9/14
DAY 2
READING: TEXT: pgs. 13-28
CLASS: INTRODUCTION NOTESBASIC THINKING
ACT: 1) SCARCITY ACT
WEEK OF 9-14-15
FRIDAY
9/18
DAY 2
READING: TEXT: pgs. 21-33
CLASS: FACTORS OF PRODUCTION
ACT: FACTORS WS
PPC ACT.
LANGUAGE:
WEDNESDAY
9/16
DAY 2
READING: TEXT: pgs. 13-28
CLASS: ECONOMIC decision-making
ACT: “Magic of markets” distribution
act.
2) ERP APPLICATION ASSIGNMENT
CLASS OBJECTIVES:
2) DESCRIBE PROCESS IN MAKING
AN ECONOMIC DECISION?
3) EXPLAIN THE BASIC
CONSIDERATIONS OF DECISIONMAKING
4) APPLY DECISION-MAKING
PROCESS TO REAL WORLD. ( WHAT
TO DO AFTER HIGH SCHOOL?)
1) LISTEN TO NOTES ON ECONOMIC
REASONING PRINCIPLES.
2) PARTICIPATE IN ACTIVITY IN
EXCHANGE
3) DESCRIBE EXAMPLES OF ERP’s FROM
NEWS SOURCES
LANGUAGE:
1) LISTEN TO NOTES ON DECISION
MAKING PROCESS
2) DEFINE DAILY VOCAB.
3) PARTICIPATE IN DECISIONMAKING ACTIVITY
VOCAB:
TRADE-OFF
INCENTIVES
OPPORTUNITY COST
ECONOMIZE
SCARCITY
ECONOMIICS
VOCAB:
COST BENEFIT ANALYSIS
MARGINAL COST
MARGINAL BENEFIT
EFFICIENCY
INEFFICIENCY
ECONOMIC GROWTH
1) STUDENTS WILL TAKE NOTES ON
FACTORS OF PRODUCTION AND THEIR
RETURNS
2) STUDENTS WILL COMPLETE
FACTOR OF PRODUCTION
WORKSHEET
3) STUDENTS WILL COMPLETE ESSAY
#1
VOCAB:
LAND/ RENT
LABOR / WAGES
CAPITAL / INTEREST
ENTREPRENEURSHIP / PROFIT
DAILY WORK:
PARKING DILEMMA @ CLACKAMAS
HS
DAILY WORK:
MAGIC OF MARKETS ACT.
DECSION-MAKING GRID ACT.
CLASS OBJECTIVES:
1) DESCRIBE THE PURPOSE FOR
ECONOMIC SYSTEMS/ ECONOMICS.
2) EXPLAIN BASIC ECONOMIC
REASONING PRINCIPLES
3) DEMONSTRATE UNDERSTANDING OF
SCARCITY AND ERP’s BY APPLYING TO
REAL WORLD.
OBJECTIVES:
CONTENT:
1) IDENTIFY THE FACTORS OF
PRODUCTION
2) IDENTIFY RETURNS FROM
FACTORS OF PRODUCTION.
3) DESCRIBE AND ILLUSTRATE A PPC
GRAPH.
LANGUAGE:
DAILY WORK:
FACTORS WORKSHEET
PPC WS