Name: Mr. Ralston Date: 02/23/15 Length of Lesson: 1 week Content Area: Econ/Gov
LESSON TOPIC (Module, if applicable):
Students will review their lesson on supply and demand, we will continue to graph. Students will begin a lesson on how prices are determined. We will discuss supply and demand determines prices. Students also will create and explain a budget for when they move out of Mom's house.
BIG IDEAS:
(Content standards, assessment anchors, eligible content) objectives, and skill focus)
Assessment Anchors - R11A.1.1 Apply voc.
R11A1.4 Identify and explain main ideas
Standards/Eligible content: 5.3.12C, 5.3C.C
UNDERSTANDING GOALS (CONCEPTS):
Students will understand:
Students will understand how supply and demand together determine prices.
Students will understand how prices are set by using the supply and demand curves together. Students will understand the basics at creating a monthly budget.
VOCABULARY:
Equilibrium Price, Intersect, Inventory, Shortage, Surplus
ESSENTIAL QUESTIONS:
How does supply and demand together determine prices? How are prices set by using the supply and demand curves together?
What is a surplus and how is it caused? What is a shortage and
how is it caused?
STUDENT OBJECTIVES (COMPETENCIES/OUTCOMES):
Students will be able to:
SWBAT explain how supply and demand together determine prices. SWBAT create a monthly budget that will help prepare them to live independently after graduation.
SWBAT demonstrate their understanding of shortage and surplus by comparing and contrasting the two.
PERFORMANCE TASK: Students will be assessed on the completion of the vocabulary. Students will write short answer responses to the material and questions discussed and read in class. Notes completed in their composition books will be awarded points. Students will create graphs to demonstrate supply and demand curves. Formal assessment participation assessed. Budget planning will be introduced as in class activities.
FORMATIVE ASSESSMENTS:
Open Ended Questions
Summarizing Main Ideas
Thumbs Up
INSTRUCTIONAL
PROCEDURES:
Do Now;
Mini Lesson:
Guided Practice:
Independent Practice:
Summations/Formative Assessments:
Reflections:
-Do Now
-Ch. 5 reading and discussion, examining graphs when supply and demand come to together.
-Activity to compare and contrast supply and demand, different effects on the
Economy will be focused on.
-Budget planning, students will be given a certain amount of money and plan for their monthly expenses of independent living.
MATERIALS AND
RESOURCES:
INTERVENTIONS:
-1-on-1 instruction
-lectures
-handouts,
-composition books
-textbook, organizer chain,
Internet access, word wall vocabulary
-small group
-repetition
-reminders to stay on task
-extended time for activities when needed
ASSIGNMENTS:
Assignments not completed in class will be homework.

-New vocabulary will be introduced/review old vocabulary
-Short current events discussed daily.
-Economic cartoons will be examined and discussed.
Students will look for meanings in the drawings and apply them to daily life.
-Short readings for
Valentines Day will be done and summarized.