|
Thursday August 16, 2007
Obj: Introductions, Incentives
- schedules
- course overview
- notes on three types of incentives
- introduction game
Friday
August 17, 2007 Obj: Getting to know more about each other, Preview concepts:
scarcity, means of production/labor, investments…
1. Agree upon a mission statement and class goals.
2. Unit 1 Overview goes out
3. View “Scarcity” taking notes on the three elements of scarcity
4. Who wants a Hershey Kiss? 1 Available,
Many Wants. "The Economic problem of Scarcity" refer back to the 3 elements of scarcity
5. Begin the Economics Play “There is no such thing as a free lunch”
6. Define: Economics is the study of choice individuals and society face tradeoffs Wants and needs
7. Candy bar activity (Choosing is Refusing) Wants>Available
= Scarcity (Choice)
8. Pick a volunteer. Pick between the
two candy bars. The one you want requires you to grade papers for me for a week. You choose the other now? Why? People
respond to incentives
9. Volunteer. Which candy bar do you like? Ask another person? Switch their choices
and watch them trade. People trade to benefit themselves. Economic problems affect individuals at this level all the way up to global levels.
Monday August 20, 2006 Obj: Getting to know more about each other, Preview concepts: scarcity,
means of production/labor, investments
1. Students will create a poster in their team of
3 representing each person’s idea of the American Dream 15 minutes
3. Present your poster to the class with explanation
4. Assign short essay
5. Unit 1 Overview goes out
Tuesday August 21, 2006 Obj: What is economics, scarcity, Opp Cost, incentives, economic way
of thinking
1. Unit 1 overview as we go through
the play keep track of your vocabulary
2. View the scarcity video and
Define scarcity : The condition that exists because human wants exceed the
capacity of available resources to satisfy those wants and list 3 elements of scarcity
3. Who wants a Hershey Kiss? 1 Available, Many Wants. "The Economic problem
of Scarcity" refer back to the 3 elements of scarcity
4. Define: Economics is
the study of choice individuals and society face tradeoffs Wants and needs.
5. Read "No Such Thing as a Free
Lunch"
6. Candy bar activity (Choosing
is Refusing) Wants>Available = Scarcity (Choice)
7. Make a list of all decisions
you made this morning. Choose two and think about what you gave up. What other options did you have? Opportunity Cost: The best alternative to your choice. The number one option
given up when making a choice
8. Pick a volunteer. Pick between the two candy bars. The one you want requires
you to grade papers for me for a week. You choose the other now? Why? Perople respond to incentives: Moral Social Monetary
9. Volunteer. Which candy bar do you like? Ask another person? Switch their choices and watch them trade. Voluntary Exchange: People trade to benefit themselves. Economic
problems affect individuals at this level all the way up to global levels.
10. Economic
Way of Thinking: Framework allowing you to analyze solutions to each economic problem.
11. Go to the Lab
Wednesday Aug.
22, 2006 Obj: Scarcity, Opp cost, Economic way of thinking, economic systems,
1. Tardy quiz
2. Economic Way of Thinking: Framework allowing
you to analyze solutions to each economic problem.
3. Warm up: List
in one column things you would buy with a $100 gift. In a second column the things
you would buy if you had a second $100/col. 2 are the opp cost
4. scarcity the dreaded disease
Thursday Aug. 23, 2006
1. semester pre-test
Friday Aug.
24, 2006 Obj: Means of Production
1. Read handout on factors of production “3.1”
“Ahooga”
2.
View the clip on “Productive Resources” for notes
4.
classroom production activity production possibility curve
5.
Production possibility curve/ means and resources of production
Monday Aug.
28, 2006 Obj: Prod Poss Curve, means of prod.
1. Quiz review
2. Graph the numbers on our board
3. Law of increasing opportunity cost: Obtaining more of a good in equal amounts requires giving up even larger amounts of the alternative good.
Inside
frontier: unemployed resources or resources used inefficiently
Expanding frontier: occurs when resources are increased
or technology allows for their
4. read page 6 to selves. What
is point A, x, y, b. Complete workbook page 7
|
