Econ/Personal Finance: 1 st Nine weeks Thursday, August 14 (1005F) Lesson: Introduction Objective: Students will be introduced to Economics and
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1 Econ/Personal Finance: 1 st Nine weeks Thursday, August 14 (1005F) Lesson: Introduction Objective: Students will be introduced to Economics and Personal Finance Assignment: Classroom Procedures Friday, August 15 (1005F) Lesson: Pre-test Objective: Students will be given a pre-test of important concepts discussed in the course Assignment: Pre-test Monday, August 18 (1005F) Lesson: Chapter 1.1- What is a Free Market? Objective: Students will be able to explain the importance of free markets to consumers and businesses Assignment: Chapter 1.1 Practice Tuesday, August 19 (1005F) Lesson: Chapter 1.2- Goals of Free Markets Objective: Students will be able to identify the main principles of a free market system Assignment: Chapter 1.2 Practice Wednesday, August 20 (1005F) Lesson: Chapter 1.3- Types of Economic Systems Objective: Students will be able to describe how a mixed economy involves different types of systems Assignment: Chapter 1.3 Practice Thursday, August 21 (1005F) Lesson: Chapter 1 Review Objective: Students will be assessed over key concepts and terminology from chapter 1 Assignment: Chapter 1 Review Friday, August 22 (Computer Lab) Lesson: Introduction to Edgenuity/Introduction to Economics Objective: Students will analyze the impact of economics on daily life. Assignment: Introduction to Economics Quiz Monday, August 25 (Computer Lab) Lesson: Resources and Scarcity Objective: Students will explain the difference between exhaustible and renewable resources
2 Tuesday, August 26 (Computer Lab) Lesson: Answering the Three Economic Questions Objective: Students will be able to analyze the societal values that determine how a country answers the three economic questions Wednesday, August 27 (Computer Lab) Lesson: Opportunity Cost Objective: Students will be able to explain why all decisions have trade-offs and opportunity costs Assignment: Opportunity Cost Quiz (in class)/ Unit Test/catch-up at home (Due when you return 9/2) Thursday, August 28 (1005F) Lesson: Chapter 2.1- The Economists Toolkit Objective: Students will be able to explain why economists can disagree Assignment: Chapter 2.1 Practice Friday, August 29 (1005F) Lesson: Chapter 2.2- Opportunity Cost Objective: Students will Assignment: Chapter 2.2 Practice Monday, September 1 (NO SCHOOL- Labor Day) Tuesday, September 2 (1005F) Lesson: Chapter 2.3- Production Possibilities Curve Objective: Students will be able to interpret a production possibilities curve Assignment: Chapter 2.3 Practice Wednesday, September 3 (1005F) Lesson: Chapter 2 Review Objective: Students will be assessed key concepts and terminology from chapter 2 Assignment: Chapter 2 Review Thursday, September 4 (Computer Lab) Lesson: Economic Systems Objective: Students will be able to define capitalism
3 Friday, September 5 (Computer Lab) Lesson: Economic Systems and Daily LIfe Objective: Students will explain the challenges that various markets face, including unemployment and the wealth gap Monday, September 8 (Computer Lab) Lesson: Competition and Free Enterprise Objective: Students will explain how competition and free enterprise work together. Tuesday, September 9 (Computer Lab) Lesson: Technology and Economics Objective: Students will explain how technology has influenced production and consumption / catch-up at home on Edgenuity (Due when you return to school 9/15) Wednesday, September 10 (1005F) Lesson: CHAPTERS 1-2 TEST (from classroom notes) Objective: Students will be assessed over key concepts and terminology from chapters 1 and 2. This will be a closed book and note assessment. Assignment: Chapters 1-2 Test Thursday, September 11 (1005F) Lesson: Chapter 3.1- The Law of Demand Objective: Students will be able to understand the difference between an individual and a market demand curve Assignment: Chapter 3.1 Practice Friday, September 12 (1005F) Lesson: Chapter 3.2- Demand Curve shifts Objective: Students will be able to identify demand shifter variables that cause changes in demand Assignment: Chapter 3.2 Practice Monday, September 15 (1005F) Lesson: Chapter 3.3- Elasticity of Demand Objective: Students will explain how total revenue is related to price elasticity of demand Assignment: Chapter 3.3 Practice Tuesday, September 16 (1005F) Lesson: Chapter 3 Review Objective: Students will be assessed over key concepts and terminology from chapter 3 Assignment: Chapter 3 Review
4 Wednesday, September 17 (Computer Lab) Lesson: The Law of Demand Objective: Students will be able to describe the concept of demand Thursday, September 18 (Computer Lab) Lesson: The Law of Supply Objective: Students will be able to explain the concept of supply Friday, September 19 (Computer Lab) Lesson: Determining Market Prices Objective: Students will be able to explain how prices are used as signals in a market economy Monday, September 22 (Computer Lab) Lesson: Elasticity and Incentives Objective: Students will define elasticity and its influence on consumer behavior Tuesday, September 23 (Computer Lab) Lesson: Edgenuity- Supply, Demand, and Price Unit Test Objective: Students will be assessed over key concepts and terminology from Edgenuity unit Assignment: Catch-up/Unit Test (due when you return 9/29) Wednesday, September 24 (1005F) Lesson: Chapter 4.1- The Law of Supply Objective: Students will be able to explain the law of supply Assignment: Chapter 4.1 Practice Thursday, September 25 (1005F) Lesson: Chapter 4.2- Supply Curve shifts Objective: Students will be able to identify supply shifter factors that cause changes in supply Assignment: Chapter 4.2 practice Friday, September 26 (1005F) Lesson: Chapter 4.3- The Free Market Price Objective: Students will be able to analyze how changes to demand and supply affect the equilibrium price Assignment: Chapter 4.3 Practice
5 Monday, September 29 (1005F) Lesson: Chapter 4.4- Role of Government Objective: Students will discuss government regulation and deregulation in the U.S. Assignment: Chapter 4.4 Practice Tuesday, September 30 (1005F) Lesson: Chapter 4 Review Objective: Students will be assessed key concepts and terminology from chapter 4 Assignment: Chapter 4 Review Wednesday, October 1 (Computer Lab) Lesson: Profit Objective: Students will explain the difference between profit and revenue Thursday, October 2 (Computer Lab) Lesson: Comparative and Absolute Advantage Objective: Students will analyze how understanding comparative and absolute advantage helps producers Friday, October 3 (Computer Lab) Lesson: Market Structures and Competition Objective: Students will define monopolies and their impact on the market / catch-up at home (due Friday October 10) Monday, October 6 (1005F) Lesson: Chapter 3-4 Test Review Objective: Students will review key concepts and terminology from chapters 3-4. Assignment: Study for test tomorrow Tuesday, October 7 (1005F) Lesson: Chapter 3-4 Test Objective: Students will be assessed over key concepts and terminology from chapters 3-4. This is a closed book/note assessment Assignment: Chapter 3-4 Test FRIDAY, OCTOBER 10 IS THE LAST DAY TO HAND IN MISSING WORK INCLUDING EDGENUITY Wednesday, October 8 (Computer Lab) Lesson: Introduction to Macroeconomics Objective: Students will describe the concepts that shape macroeconomics
6 Thursday, October 9 (Computer Lab) Lesson: Economic Growth Objective: Students will explain how GDP can be used to measure economic growth Friday, October 10 (Computer Lab) Lesson: The Business Cycle Objective: Students will identify the stages of the business cycle Monday, October 13 SCHOOLS CLOSED FOR STUDENTS Tuesday, October 14 Last Day of 1st Nine Weeks (Computer Lab) Lesson: Inflation and Stagflation Objective: Students will compare and contrast inflation and stagflation. Students will also complete the unit test/catch up on Edgenuity at home. Due when you return to school Monday, October 20.
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