Lesson plan /Soroko January 4 - 8, 2016
Objective:
Students will be introduced to and understand the basic aspects and terminology of economics
Method:
Through the integration of NMSSSS and NMCCSS, the students will read the district assigned text, review online resources, power point presentations, participation and lecture while applying accommodations for specific IEPs and
ELls
Assessment:
Teacher observations, informal assessments (Kahoot, Socratic dialogue, in class games), formal assessments (PARCC format) and written responses
Monday, 01.04.2016: Staff development, no classes
Tuesday, 01.05.2016:
Entry task: What is an economy?
Return semester 1 material and organize folders, review lesson plan, bills and students read 351-357
Vocabulary: (get these in your folder)

factors of production

capital

consumption

opportunity cost
 scarcity
Exit task: How does land affect a society’s economy?
NMSSSSEcon., C.S. IV, Benchmark 4-A, p. s. 1, 4, 4-B, 3, 4
NMCCSSELA-LITERACY.RH.11-12.7
Wednesday, 01.06.2016:
Entry task: List the factors of production and give an example of each.
Students read 358 -361 with the Random Student Selector (RSS)

Lesson plan /Soroko January 4 - 8, 2016
Vocabulary: (get these in your folder)

Quantity

Technology
Exit task: In your own words, what is opportunity cost? Give an example.
HOMEWORK – Vocabulary page 363

Traditional Economy

Command Economy

Market Economy

Profit

Invest

Free Enterprise

Capitalism

Mixed Economy
NMSSSSEconomics, C.S. IV, Benchmark 4-A, p. s. 1, 4,
NMCCSSELA-LITERACY.RH.11-12.7
Thursday, 01.07.2016:
Entry task:
Why do rich and poor nations face the problem of scarcity?
Students read 363-369 /
Exit task:
Who answers the basic questions in a command economy?
NMSSSSEconomics, C.S. IV, Benchmark 4-A, p. s. 1, 4,
NMCCSSELA-LITERACY.RH.11-12.7
Friday, 01.08.2016:
Entry task: Name the types of economies.
Vocabulary Quiz

Lesson plan /Soroko January 4 - 8, 2016
Milton Friedman film
Exit task: Describe the differences in how basic economic decisions are made in these three types of economies: traditional, command, and market.
NMSSSSEconomics, C.S. IV, Benchmark 4-A, p. s. 1, 4,
NMCCSSELA-LITERACY.RH.11-12.7