ECONOMICS
FOR THE WEEK STARTING 3/3/14
MONDAY
DAY 2
3/3
TUESDAY
DAY 1
3/4
WED.
Day 2
3/5
THURSDAY
Day 1
3/6
FRIDAY
Day 2
3/7
CLASS:
1. Simulation: The
Magic of
Markets
1. Notes: American
Free Enterprise
System:
CLASS:
CLASS:
CLASS:
CLASS:
CLASS OBJECTIVES:
CLASS
OBJECTIVES:
Unit 1 Foundations of
Economics Test
1. Notes: American Free
Enterprise System
2. Study for Unit 1 Test
1. Define basic
principles of free
enterprise
system
2. Explain why the
government may
intervene in
market place
CLASS OBJECTIVES:
CLASS
OBJECTIVES:
CLASS OBJECTIVES:
VOCAB:
VOCAB:
1. Define basic principles
of free enterprise system
2. Explain why the
government may
intervene in market
place
3. Identify examples of public
goods
3. Identify examples of
public goods
4. Analyze Market Failures
4. Analyze Market
Failures
VOCAB:
Public Goods
Free Rider
Market Failure
VOCAB:
VOCAB:
Public Goods
Free Rider
Market Failure
Positive/Negative
Externalities
PRACTICE:
Read Ch. 3 (Sec. 1-2;
pages. 49-59
Positive/Negative Externalities
PRACTICE:
PRACTICE:
Read Ch. 3 (Sec. 3-4; pgs. 59-69
Unit 1 Test on Friday
PRACTICE:
PRACTICE: