Your Textbook Link: Economics: Principles and Practices by Gary E. Clayton
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Class Links
Day 1 - Learning About An Occupation
United States Dept. of Labor - Occupational Outlook Handbook. Index
Introducing Economics Basic Concepts - You Tube Video 14 min.
Day 2 - Basic Economic Concepts
Day 3 - Economic Choices and Decision Making
Day 4 - Vocabulary Challenge, Round Robin and Quizzes sections 1-3
Day 5 - Test over Chapter 1 Concepts and Vocabulary
Day 6- Minimum Wage work and essay
Day 7 - Command, Market, and Traditional Economies
Day 8 - Economic Growth and Development
Day 9 - Open Questioning, Vocabulary Challenge Matches, Case Study: The Home Depot. Examining Super Bowl Commercials with Analyzing the Impact Questions. Quiz p. 41 #2, p. 46 - #4, #5, p. 53- significance of free enterprise and voluntary exchange.
Day 10 - Vocabulary Review, Vocabulary Challenge Matches, Pirating Intellectual Property, Forms of Business Organizations, Sole Proprietorships.
Day 11 - Vocabulary Review, Pocket Monkey Discussion, Sole Proprietorships review, Partnerships, and current events.
Day 12 - Vocabulary Challenge, Partnerships, Corporations, Computer Lab - What an Apple Watch Would Do, Current Events Articles.
Day 13 - Vocabulary Ladder, Corporations, Entrepreneur Spotlight, Computer Lab-
Summarize the article below and answer the question in a minimum of 40 words and a maximum of 50. Under 40 is an F, over 50 is an F. - Due Wed. Feb. 20, 2013.
Day 14 - Brief Review and Test over Chapter 2 and section 3.1
Day 15 - Vocabulary Review for 4.1 and Law of Demand video. Also - completed four entrepreneur presentations.
Day 16 - Vocabulary Review for 5.1 and three entrepreneur presentations. Reviewing questions about reading and videos from the Khan Academy.
Day 17 -- NPR new cast and current event quick quiz. In-depth reading and discussion of chapter 5 section 1. We will be doing 20 minutes of question/answer on chapter 6 section 1 prior to taking the 4.1/5.1/6.1 test during our next class.
Day 18 - Test on 4.1, 5.1, and 6.1 - OGT Reduced Schedule Day.
Day 19 - Test results evaluated. TED talk by Amanda Palmer: The Art of Asking. Preview of Chapter 12. - OGT Reduced Schedule Day. Only 50 minutes of class time.
Day 20 - 12.1 lecture and reading, two vocab challenges - OGT Reduced Schedule Day.
Day 21 - Full Vocabulary Review, Vocabulary Challenge for 12.1 and 12.2, Video clips on GDP from Khan Academy.
Circular Flow of Income and Expenditures
Parsing Gross Domestic Product
More on Final and Intermediate GDP Contributions
Day 22 - Vocabulary Review for 12.1, 12.2, 12.3 - Vocabulary Challenge Round 11 - Critical Reading Questions for sections 12.1, 12.2, 12.3.
Day 23 - Cyprus Debt Crisis Explained - Test on Chapter 12.
Day 24 - Inflation work in the computer lab. Took ten items that a student recently purchased and looked at the cost over the past ten years. Introduced the idea of the inflation calculator.
Day 25 - The Business Cycle broken down into detail and examined the impact of human emotions on the cycle. Worked on vocabulary for business cycle, fluctuations of the business cycle, and inflation.
Day 26 - Vocabulary Challenge Round 12, Business Cycle Quiz, Inflation Overview, What is Inflation?, Inflation Data, Consumer Price Index.
Day 27 - Round Robin for Chapter 13. Test over Chapter 13. Collected Inflation surveys of costs of items purchased and their inflation rates over a five year period, and ten year period.
Day 28 - History of Money video, Very Short History of U.S. Monetary Policy, Work in the computer lab on Why Gold, History of Money, How Money Works. Finished with silent reading on Chapter 14 section 1. Be ready to be quizzed over the section assessment questions at the end of Chapter 14.1
Day 29 - Economics Current Events/News from NPR. Vocabulary Challenge (Round 15), Modern Marvels - The U.S. Mint.
Day 30 - Vocabulary Match Game, Vocabulary Challenge (Round 16), Monetary and Fiscal Policy Video, The Importance of an Independent Central Bank - National Economic Education Video Contest, 2011 First Place Winner.
Day 31 - Round Robin over Chapter 14. Test over Chapter 14.
Day 32 - Read Carefully 15.1 Macroeconomics Equilibrium. Built graphic organizers explaining aggregate supply and aggregate demand factors. Khan Academy Video Market Equilibrium.
Day 33 - Two Hour Delay for teacher in-service, vocabulary challenge round 17, Changes in Market Equilibrium.
Day 34 - Breakdown of Gas Prices, Short Run of Oil Prices, Vocabulary Challenge Round 19.
Day 35 - Vocabulary Challenge Rounds 20 and 21. Round Robin Quiz on Chapter 15, Best Buy Case Study pp. 434-435.
Day 36 - Vocabulary Challenge Tournament Round 1 of the winner's bracket and round 1 of the non-winner's bracket. 15.3 Economics and Politics concepts.
Day 37 - Vocabulary tournament (get to the final four), Planet Money Podcast- Why Lebron James is Underpaid.
Day 38 - Vocabulary Tournament Finals - Exam Review - Stocks and Bonds Exam question ideas.
Day 39 - FINAL EXAM - Collect Books
Course Outline
Fundamental Economic Concepts
Economics Defined
Economic Systems and Decision Making
Business Organizations
Microeconomics: Prices and Markets
Demand
Supply
Prices and Decision Making
Market Structures
Economic Institutions and Issues
Employment, Labor, and Wages
Sources of Government Revenue
Government Spending
Financial Markets
Macroeconomics: Performance and Stabilization
Macroeconomic Performance
Economic Instability
Money, Banking, and the Fed
Economic Stabilization Policies
The Global Economy
International Trade
Developing Countries
Global Economic Challenges