Economics Weekly Monday Tuesday 9/1 9/2 First Day of School 9th grade only Wednesday Thursday Friday 9/3 -Intro Cards 4 -Wants v. Needs -Syllabus and class overview -Simulation: Unequal Resources 5 -Introduce and Begin Reading: The Power of Markets (Naked Economics) -Thinking Like an Economist 8 -Activity: Scarcity and Abundance 9 HW: Brown Bag assignment 10 -Due: Brown Bag Assignment -Survivor: Economics Style Vocab: Opportunity Cost -Activity: To Choose or Not To Choose -Vocab: Choices, Alternatives, Benefits, Costs 15 16 -Quiz: Economic Terms 17 -Broad Social Goals of Economic Systems -Documentary Excerpts: Freakanomics -Introduce Concept in Action Assignment -Vocab: Trade-offs -Debrief Vocab: Scarcity, Resources 11 -Due: The Power of Markets Reading & Questions. -Discussion 12 -Activity: Rules Influence Economic Behavior -Quiz Review -Brown Bag Activity: Efficiency vs. Inefficiency Vocab: Trade, Utility, Efficiency, Market Economy, Command Economy 18 -First Economic Model: The Production Possibilities Frontier -Vocab: Production Possibilities Frontier 19 -Second Economic Model: The Circular Flow of Economic Activity –Economics in Action 22 -Due: Concept in Action #1 23 -Introduce Stock Market Game – downstairs lab 29 Supply. Demand, and the Market 30 Due: Market Watch #1 7 Due: Market Watch #3 26 Test: Basic Economic Concepts 2 Demonstration: Diminishing Marginal Utility 3 Lecture: Introduce the Law of Supply Lecture: Introduce the Law of Demand Practice Demand 8 9 Due: Economics By Example (3,4) Activity: How Markets Allocate Resources HW Reading: Economics by Example. Chapters 3,4 Activity: Picturing and Calculating Elasticity 10/1 Market Equilibrium Practice Review: TOEISS and STORES Practice: Supply and Demand together Due: Market Watch #2 13 25 (per 1-6) Review -Work Time: stock market Simulation: The Market 6 Warm Up: Review Supply 24 -The Stock Market Today Practice 10 No School Discuss Concept in Action #2 work time HW: Concept in Action #2 14 A 15 (1/2 day) 16 B 17 C Assembly PSAT Elasticity practice Simulation: A Market for Kidneys HW: Concept in Action #2 -work time Hand out test review 20 21 A Practice Supply, Demand, and the Market: News Article Analysis 22 B 23 C 24 Economics Chapter 5. in class Due: Concept in Action #2 Graphing review Review Test: Supply, Demand and the Market 29 Modified B 30 1-6 31 GDP Nominal & Real GDP, Gross National Product, GDP Deflator No School for students Due: Market Watch #4 27 28 A Macroeconomics and the role of government Early Release Economic Indicators: Introduce GDP Due: Market Watch #5 11/3 -End of 1st Quarter 4A Due: Naked Economics Chapter 9 Questions 5B 6C 7 Model: AD/AS QDP Quiz Inflation Unemployment Social Studies Analysis Work Day: Turnitin.com CPI Research 11/12 A 11/13 B 11/14 C Unanticipated Inflation Finish Documentary AS/AD AS/AD Documentary: Business Cycle HW: Naked Economics Chapter 10 Discussion Begin project 11/10 11/11 Inflation: “Royalty for a Day” No School Documentary: Business Cycle Due: Essay 11/17 11/18 A Market Watch Check-in 11/19 B 11/20 C 11/21 Fiscal Policy Due: Naked Economics Chapter 10 Federal Reserve Go over Demand & Supply test Go over AS/AD answers Hand out study guide Monetary Policy Intro: Federal Reserve 11/24 11/25 11/26 11/27 11/28 Staff Development Staff Development No School No School Thanksgiving No School 12/1 12/2 12/3 12/4 12/5 (Assembly) Macroeconomics Test Lecture: Types of Businesses & Purpose of Business Activity: Productivity, Diminishing Marginal Returns, and the Demand for Labor Review Market Watch check-in 12/8 12/9 A 12/10 Modified B Businesses and Their Costs Market Structures Day 2 Market Structure: Introduction & Activities Introduce Micro Business Analysis Project Documentary: Swoosh! Inside Nike HW: Read Productivity and Human Capital 12/11 (1-6) Practice: Businesses & Their Costs Business Analysis Work Time 12/12 (1-6) Due: Productivity and Human Capital Reading & Questions Discussion 12/15 12/16 A Due: Micro Business Analysis Project 12/17 B Business Analysis Presentations 12/18 C 12/19 Review No School For Students Mini-Test: Microeconomics Begin Presentations 1/5 1/6 Survey: Financial Values 1/7 1/8 1/9 Guest Speaker: Credit Guest Speaker: Financing College Activity: You’re on your own kid Credit Documentary: Maxed Out 1/12 1/13 Activity: Banks vs. Credit Unions Budgeting 1/14 1/15 1/16 Guest Speaker: Banking Market Watch: Reflection Final Review 1/21 1/22 1/23 Due: You’re on your own kid 1/19 1/20 No School: Martin Final Review Luther King Jr. Day (Macro & Micro Economics) Final (Basic Concepts & Supply and Demand)