ECONOMICS SCHEDULE 2017
UNIT I: Economic Concepts
The AP
Gov’t and Politics/Economics Course begins with topic of basic economic
concepts that are used in the study of economics. The main question presented
will simply be: “ What is Economics?” We will look at
the different economic systems: Market, Traditional, and Command and we will
discuss the different types of business organizations and economics
institutions.
Unit One Objectives: Students understand common economic terms and
concepts and economic reasoning.
1. Examine the causal relationship between scarcity and the need for choices
2. Explain opportunity cost and marginal benefit and marginal cost
3. Distinguish the difference between monetary and non-monetary incentives and
how changes in incentives cause
changes in
behavior.
4. Identify the purpose of economics and the different economic schools of
thought.
5. Evaluate the role of private property as an incentive in conserving and
improving scarce resources, including
renewable and
non-renewable natural resources
6. Analyze the role of a market economy in establishing and preserving
political and personal liberty (e.g., through the
works of Adam Smith).
Unit activities will include:
Lectures: Meaning of Economics/Scarcity, Why Government?
Economic Systems, Prominent Economists Philosophers
Discussions: Opportunity Cost
Writing/Analysis: Frequent FRQs
Group Projects: Scarcity Sim.
Simulations: Scarcity, Circular Flow Activity
Videos clips: (Many)
|
DATE |
CLASSWORK |
HOMEWORK |
|
FRI 8/18 |
Class
Intro Get
Books Go
over Syllabus (#1) Binder
Info (#2) School
Run Like a Business (#3) |
·
Review Course Syllabus (#1) and get singed and
returned (along with Movie Permission) due Wed/Thu ·
Read Textbook pgs. 1-5 (but may need to read further
to help with the SSG HWK) ·
Print Unit I Schedule (#4) (This Page!) and place
behind first divider. Binder Check Thu ·
Complete Pg. 1&2 in Student Study Guide (SSG) (#5) |
|
TUE 8/22 |
Scarcity
Activity Envelopes (~40 minutes) Lecture
What is Economics (#6) Factors
of Production Practice (5min) (#7) Start
Lecture Basic Economic Concepts (#6) |
·
Read pgs. 5-14, and 22 ·
Complete pg. 3&4 in Student Study Guide (SSG)
(#8) ·
Be sure to get your rules, and Golden Rods signed
and turned in for next class due Thu ·
Prep binders- they will be checked! |
|
THU. 8/24 |
Finish
Basic Economic Concepts Check
Binders Lecture
Basic Economic Concepts (#6) (up to Opportunity Costs) Opportunity
Costs Activity Candy in powerpoint slides
(5minutes) Reading
on Babe Ruth article (class set) Continue
Lecture Intro Economics: Economic Choices and Decision Making (#6) Stop
on Slide 13 Opportunity
Cost Scenarios (#9) |
·
Complete pgs. 5-7 in SSG (#10) ·
Read Chpt 2 by Quest ·
Here is the Unit
1 Studyguide (#) |
|
MON. 8/28 |
Lecture
and Opportunity Cost W/S (#9) *Comparative
Advantage Lecture (addendum) Comparative
Advantage Activity w/dumplings vs. cookies (#11) Finish
Lecture on PPC PPF (#6) PPC
practice problems W/S (#12) |
·
Do: pgs. 8-9 in SSG (#13) ·
Finish reading Chpt. 2 by
test Quest 9/1. |
|
WED. 8/30 |
Mr.
Thompson School Rules Presentation (20 minutes) Mini
Lecture: Economic Systems (#6) (35 minutes) Role of Entrepreneur Case
Example: Bloomberg Game Changers JayZ video (25
minutes) Shark
Tank Info (5 minutes) (#14) |
·
Read Economic
Schools of Thought (#15) ·
Study for Quest: Here is the Unit
1 Studyguide
(#18) |
|
FRI. 9/1 |
Review
for Quest (30 minutes) -
Game -
GO
Over FRQ Info Packet (#16) Practice
FRQ (#) (35 minutes) (#17) |
·
Study for Quest: Here is the Unit
1 Studyguide (#18) ·
Unit I Powerpoints: |
|
MON.
9/4 |
LABOR
DAY- NO SCHOOL! |
·
Study for Quest |
|
WED. 9/6 |
QUEST
(40 minutes) Go
Over Shark Tank (#14) (30 minutes) |
·
Read pgs. 31-35 ·
Print out Unit
II Schedule and place behind Unit II divider (#19) |