Daily Class Activities
Tuesday, September 2nd: Receive class information sheet and go over it. Due for Wednesday: signed class information sheet and a new 100 page spiral notebook.
Wednesday, September 3rd: Give credit for the spiral notebook and collect the class information sheet. Learn about Economic current events over the last 35 years. Discuss the election and the effect that the economy will have on the choices of Americans. If absent, you should copy notes from a classmate. We discussed scarcity. Complete the attached sheet. Learn about and take notes on the three factors of production.
Thursday, September 4th : We discussed scarcity. Complete the attached sheet. Learn about and take notes on the three factors of production. Learn about opportunity cost. Receive a handout on opportunity cost. Complete upon return. Assign a textbook assignment: read pp 1-6, do questions 1-7 on page 6 and read pp 13-18 and do questions 1-5 on page 18.
Monday, September 8th: We stamped opportunity cost homework and bookwork. It must be in your spiral notebook. The period was separated into 3 parts. Part I, we went over homework and learned about Production Possibilities (get worksheet upon return). Part II, students told the class what to do and Part III, we voted what to do with 5 minutes of class time.
Tuesday, September 9th: The APs gave discipline talks for the first 50 minutes of class. Then, we completed part III of the period and then discussed the activity. We did a reading and wrote 6 notes on each of the systems. Then, we made a chart comparing the systems.
Thursday, September 11th: Stamp the 6 notes on each of the Economic Systems taken from the reading. Discuss the Government's production possibilities. Chart the positives, negatives, definitions and examples of the the three Economic Systems. Take a partner quiz. Play a game. Discuss the game. Homework: Read pp 78-83, do questions1-6 on 83.
Monday, September 13th: Stamp the demand homework. Play a game. Discuss the game. Homework: demand 2 things and be able to explain why they are true items you demanded.
Tuesday, September 14th: Review demand and share items. Learn about and graph demand. Practice demand. Homework: Read pp 85-88, answer 1-7 on page 88. Read pp 101-106, answer 1-6 on page 106.
Thursday, September 16th: Complete a demand worksheet. Learn about supply, read about supply and list the reasons for change in supply. Based on this, complete a supply worksheet.
Monday, September 22nd: Stamp the supply worksheet and reasons for change in supply. Go over both and graph supply and demand.
Tuesday, September 23rd: Read Chapter 6 sections 1 and 2 for graph understanding. Learn 6 types of graphs: shifting supply, shifting demand, surplus, shortage, price ceiling and price floor. Make questions in groups for each of the types.
Thursday, September 25th: Answer group questions. Receive review sheet and review. Play review game.
Tuesday, September 30th: Test #1. Turn in all work on check-off sheet. Work on: Read pp 151-154, list and explain the 4 rules for perfect competition. Answer questions 2-4 on page 154. Read 156-164, answer 1-4 on page 164. Read pp 166-171, answer 1-4 on page 171. Bring 4 items from home that is are examples of each of the 4 market structures- perfect competition, monopolistic competition, monopoly and oligopoly.
Wednesday, October 1st: Learn about market structures and share example items for perfect competition and monopolistic competition.
Thursday, October 2nd: Continue with market structures, sharing example items for oligopoly and monopoly.
Monday, October 6th: Learn about the stock market.
Tuesday, October 7th: Continue learning about the stock market. Complete a book assignment: Read pp 285-292. Define terms on pg 285. Answer questions 1-9 on pg 292. Read page 293 and answer questions 1and 2. Begin a computer assignment, complete for homework.
Thursday, October 9th: Go over the computer assignment. Learn how to invest in stocks and receive a stock trading sheet. Read an excerpt from Adam Smith's book on Capitalism called: The Wealth of Nations. Receive handout upon return and answer the following questions:
1. Define "invisible hand".
2. Review the rules for perfect competition. Which do you think is most significant and why?
3. How does the market control the problem of high prices?
4. How does the market ensure that everyone has a job? Explain.
5. Why do the butcher, the baker and the brewer provide us with dinner?
6. What 3 things do we get from Capitalism?
Compare the causing of the 1929 crash, the crash itself and the ensuing effect on banks to 2008's present crisis.
Monday, October 13th: Stamp stock tips and stock purchases. Teach how to sell and check stocks. Discuss capitalism.
Tuesday, October 14th: Stamp stocks. Review Capitalism. See a video on "Greed". Find flaws in the video that show bias. Read an outline of the Communist Manifesto and take notes. Review the process. Complete a comparison chart on Marx, Communism and Smith.
Thursday, October 16th: Learn about Keynes, Malthus and mercantilism. Complete the comparison chart for the remaining philosophers.
Monday, October 20th: Review for the Unit #2 exam.
Tuesday, October 21st: Take Unit #2 exam. Turn in all Unit #2 work. Work on book homework: Read pp 243: list and explain the 6 characteristics of money. Answer 1-5 on page 248.
Thursday, October 23rd: Go over the Unit #2 Exam. Stamp stocks and money homework. Go over the characteristics of money. Invent a new form of money in groups. Assign and begin work on defining all "green" terms on pages 258-264.
Tuesday, October 28th: Stamp stocks and green terms. Learn how to and complete the paying of bills. Begin discussing the platforms for Barack Obama and John McCain.
Thursday, October 30th: Stamp stocks. Continue discussing platforms for Barack Obama and John McCain. Assign the Measuring Economic Performance Unit Guide.
Monday, November 3rd: Stamp stocks and MEP Unit Guide. Begin learning about MEP.
Tuesday, November 4th: Stamp stocks and continue learning about MEP. Complete a sheet on business cycles and see what keeps a business cycle going.
Thursday, November 6th: Sell stocks and discuss election. Work on group business cycle. Homework: the unemployment section of the unemployment and inflation unit guide.
Wednesday, November12th: Pass back stocks, group business cycles and other papers. Discuss the types of unemployment and list many jobs. Homework: choose 3 jobs: Explain in a paragraph for each how each job could face each type of unemployment
Thursday, November 13th: Stamp unemployment paragraphs. Share paragraphs. Introduce inflation and talk about it in general terms. Homework: inflation portion of the guide
Monday, November17th: Stamp the inflation portion of the guide. Discuss the types and effects of inflation. Complete a worksheet (receive upon return) assessing both of these ideas. Homework: bring a calculator and finish the inflation sheet.
Tuesday, November 18th: Go over the inflation sheet. Learn all calculations- make-up upon return. Homework: Study for unit test #3- Thursday. All unit work will be due.
Thursday, November 20th: Turn in all unit work using the check off sheet. Take test #3.
Monday, December 1st: Complete bookwork on starting your own business.
Tuesday, December 2nd: Learn about how to start your own business. Be assigned the task of starting your own business. Present to the class on December 16th.
Thursday, December 4th: Complete a book assignment on taxes- pp 359-363- do 1-4 and pp 365-369- do 1-5. Discuss the types of taxes and ways of taxation.
Monday, December 8th: File your taxes on tax forms using instructions. Homework: read 371-374. Answer 1-4 and 6 on page 374. Define Social Security, Medicare, Medicaid.
Tuesday, December 9th: Begin learning about the Federal Budget.