DAILY LESSONS AND ASSESSMENTS
LEARNING ASPIRATIONS: The focus of these lessons is content knowledge and critical thinking.
Demand (Topic 2.1)
Supply and Equilibrium and Market Welfare (Topics 2.2 and 2.6)
Elasticities (Topics 2.3-2.5)
Role of Government and Market Efficiency (Topics 2.7-2.8)
International Trade and Public Policy (Topic 2.9)
RTI Day
INQUIRY
LEARNING ASPIRATIONS: The focus of these assessments is cultural competence, content knowledge, critical thinking, and creativity. The extension is specially designed for students interested in emphasizing growth in cultural competence.
INSTRUCTIONS: Go to Schoology and open the "Micro Unit 2 Inquiry Folder." Follow the instructions there about how to participate in today's discussion.
INQUIRY QUESTION: DOES THE MINIMUM WAGE HELP OR HURT FEMALE WORKERS, MINORITY WORKERS, AND THE POOR?
INQUIRY TEXTS
Watch: Poverty and the Power of the Living Wage (Tedtalk)
Read: How Much is an Hour Worth? The Battle Over the Minimum Wage (Peter Baker in The Guardian)
Listen (Optional): The Seattle Minimum Wage (Jacob Vigdor on EconTalk) and Low Wage Workers (Katherine Newman on EconTalk)
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EXTENSION (OPTIONAL)
If you found this unit interesting, you might want to watch the videos below.
Conspicuous consumption and Veblen Goods (Robert H. Frank in the New York Times)
Heilbroner on Adam Smith (Excerpt from The Worldly Philosophers)
For more on the magic of the market check out this video and poem by Russ Roberts.