Unit 1: Introduction to Economics
Module 1.1
Module 1.1
California Grade 12 Economics Standard: 1.1 Examine the causal relationship between scarcity and the need for choices.
- Assigned seats + folder labels + Syllabus + syllabus quiz +
- Note-taking and discussion guided by PowerPoint Presentation
- Start Decision-Making grid activity in groups of 3-4
- Homework:
- Signed Syllabus
- Acquire a designated Economics binder
Module 1.2
Module 1.2
California Grade 12 Economics Standard: 1.1 Examine the causal relationship between scarcity and the need for choices.
Objective: Students will examine the relationship between their choices [in the face of scarcity] and their core values.
Objective: Students will examine the relationship between their choices [in the face of scarcity] and their core values.
- Finish Decision-Making grid activity in groups of 3-4
- Finish notetaking from Module 1.1 slideshow.
- Complete Quizizz over initial vocabulary.
- Civic Mirror Inquiry Parts 1-2 using the student manual as a source.
- Homework:
- this worksheet and this NY Times article "Your Spending Choices Often Reflect Your Values" (start in class and finish for homework)
- Acquire a binder dedicated to Economics and organize your binder according to the binder checklist.
Module 1.3
Module 1.3
California Grade 12 Economics Standard: 1 Students understand common economic terms and concepts.California Grade 12 Economics Standard: 1.2 Students explain opportunity cost.
Objective #1: Students will be able to identify whether factors of production fall under the category of land, labor, capital or entrepreneurship.Objective #2: Students will be able to understand a Production Possibilities Frontier.
Objective #1: Students will be able to identify whether factors of production fall under the category of land, labor, capital or entrepreneurship.Objective #2: Students will be able to understand a Production Possibilities Frontier.
- Take notes on the factors of production (presentation at right)
- Practice identifying the differences between land, labor, capital, entrepreneurship using the worksheet provided.
- Get to know you Bingo.
- Homework [Sunseri's class]:
- Complete the sections of the Unit Study Guide which have been covered so far in class.
- Study for vocabulary quiz (tomorrow).
- Homework [Martinez' class]:
- Complete this worksheet
- Study for vocabulary quiz.
02 Factors of Production and Opportunity Costs
Module 1.4
Module 1.4
California Grade 12 Economics Standard: 1 Students understand common economic terms and concepts.California Grade 12 Economics Standard: 1.3 Students can explain opportunity cost.
Objective #1: Students will be able to identify opportunity costs as communicated on a production possibilities frontier (PPF).Objective #1: Students will be able to identify marginal costs and marginal benefits of certain decisions.
Objective #1: Students will be able to identify opportunity costs as communicated on a production possibilities frontier (PPF).Objective #1: Students will be able to identify marginal costs and marginal benefits of certain decisions.
- Take notes on the Production Possibilities Frontier (see second half of Factors of Production ppt in Module 1.3)
- Practice reading a PPF (1st page of this worksheet).
- Take notes on how to identify the opportunity costs from a PPF.
- Practice identifying the opportunity costs from a PPF (2nd page of this worksheet).
- Practice understanding the meaning of opportunity costs in context using this worksheet
- Review for vocabulary quiz tomorrow. (Quizizz)
- Review for vocabulary quiz tomorrow. (Quizlet Live)
- Go over Binder list. Remind of binder deadline.
- Review answers to Civic Mirror Inquiry Parts 1-2
Homework:
- Study for Quiz tomorrow. (Quizlet)
Module 1.5
Module 1.5
California Grade 12 Economics Standard: 1 Students understand common economic terms and concepts.California Grade 12 Economics Standard: 1.3 Students can explain opportunity cost.
Objective #1: Students will be able to identify opportunity costs as communicated on a production possibilities frontier (PPF).Objective #1: Students will be able to identify marginal costs and marginal benefits of certain decisions.
Objective #1: Students will be able to identify opportunity costs as communicated on a production possibilities frontier (PPF).Objective #1: Students will be able to identify marginal costs and marginal benefits of certain decisions.
- Take quiz.
- PPF word problems (goes with this article)
- Pass out papers & go over Binder list. Remind of binder deadline.
- Name Civic Mirror Country
- Civic Mirror Inquiry Parts 3-4 (Homework if unfinished) using the manual as a source.
Module 1.6
Module 1.6
California Grade 12 Economics Standard: 1 Students understand common economic terms and concepts.California Grade 12 Economics Standard: 1.3 Identify the difference between monetary and non-monetary incentives .
Objective #1: Students will be able to differentiate between monetary & non-monetary incentives as well as positive and negative incentives.Objective #2: Students will be able to differentiate the 3 economic basic questions that every society has to answer.
Objective #1: Students will be able to differentiate between monetary & non-monetary incentives as well as positive and negative incentives.Objective #2: Students will be able to differentiate the 3 economic basic questions that every society has to answer.
- Quiz Factors of Production and PPF (KS)
- Notetaking in Study Guide: Incentives
- Comprehension quiz over Incentives on Chromebook via Google Classroom.
- Notetaking in Study Guide: Economic Questions
- Economic Questions Quizizz
- Homework: Worksheet on incentives & economic questions
03 Incentives monetary nonmonetary positive negative
Module 1.7
Module 1.7
California Grade 12 Economics Standard: 1.5 Analyze the role of a market economy in establishing and preserving political and personal liberty.
Objective #1: Students will be able to describe the 3 archetypes of economic systems in their purest (though theoretical, non-existent) forms: traditional, market, & command
Objective #1: Students will be able to describe the 3 archetypes of economic systems in their purest (though theoretical, non-existent) forms: traditional, market, & command
- Notetaking in Study Guide: Economic Systems
- Quizizz on Economic Systems (NM)
- Watch "Setting Up Civic Mirror" video (in Edpuzzle)
- Log in to Civic Mirror
- Change Civic Mirror password.
- Name family members.
- Upload properly formatted (according to video) profile picture.
- Homework: Watch the following
- How to purchase goods & services video (in Edpuzzle)
- How to rent a home video (in Edpuzzle)
- If you own a property, watch the video designed for the property you own. The videos are provided on this page.
Module 1.8
Module 1.8
California Grade 12 Economics Standard: 1.1. Examine the causal relationship between scarcity and the need for choices.
Objective #1: Students will be able to apply the concepts of scarcity and the need for choices to a hybrid online-interactive real-world simulation.
Objective #1: Students will be able to apply the concepts of scarcity and the need for choices to a hybrid online-interactive real-world simulation.
- Practice Run of Civic Mirror.
Module 1.9
Module 1.9
Objective #1: Students will review for the Unit test.
Quizlet: Vocabulary Review Tool
Quizlet: Vocabulary Review Tool
Quizizz Review:
Module 1.10
Module 1.10
Objective #1: Students will analyze the outcomes of their fellow citizens' economic choices during the Civic Mirror Practice Run.
Objective #2: Students will be able to identify some criteria used to compare the relative well-being of countries.
Objective #2: Students will be able to identify some criteria used to compare the relative well-being of countries.
- Take the test.
- Complete the Post Practice Run Civic Mirror Inquiry (Part 5)
- Begin "In Command of the Economy" Civic Mirror Inquiry Part 6
Post-Test Civic Mirror Activities
Post-Test Civic Mirror Activities
Module 1.11
Module 1.11
Objective #1: Students be able to apply their PPF skills to make development decisions for their Civic Mirror country
Objective #2: Students be encouraged to take ownership of their simulated country for the purpose of creating as real-life a simulation environment as possible for the remainder of the term.
Objective #2: Students be encouraged to take ownership of their simulated country for the purpose of creating as real-life a simulation environment as possible for the remainder of the term.
- Complete the "In Command of the Economy" Civic Mirror Inquiry Part 6
- Develop National Identity for the Civic Mirror country.