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Economics

Learning Goals -  By the end of this unit students will:

1. Explain and apply economic vocabulary and concepts.
2. Compare and contrast each of the economic philosophies.
3. Apply the concepts of supply and demand to interpret economic possibilities.
4. Distinguish between fiscal and monetary policy.
5. Analyze and evaluate current events.

Class Assignments                                                                                             Homework

August 17
1 Basic Economic Concepts and Terms                                                         Chs 1-3* 
2 Economic Reasoning / Economic Philosophies 
3 Demand Ch 4 
4 Demand                                                                                                                 Journal Entry #1 

August 24
1 Supply                                                                                                              
Ch 5 

2 Supply / Demand 
3 Supply / Demand 
4 Macroeconomics (notes available for download)

August 31
1 Macroeconomics                                                                                         
Chs 12-13 

2 Macroeconomics 
3 Fiscal and Monetary Policy                                                                     
Chs 14-16 

4 Policy                                                                                                              Journal Entry #2 

September 7
1 Labor Day Holiday 
2 Policy
3 Review 
4 UNIT EXAM (NEW DAY)

*Chapters are from
Economics: Principles in Action available in the library.
Current Event #1 
Contrasting Viewpoints: Is the Cash for Clunkers program (CARS) a legitimate use of government funds?

Current Event #2: 

http://www.washingtonpost.com/wp-dyn/content/article/2009/08/30/AR2009083002654.html?hpid=topnews


Read article and answer the question...As of Sunday, 304 Congressmen have yet to have or schedule town meetings.   The simple question is - should members of Congress be obligated to garner constituent input on the issue of health care reform?



RESOURCES:

Bureau of Engraving:    http://www.bep.treas.gov/  

National Debt Calculator:    http://www.brillig.com/debt_clock/

Consumer Price Index:     http://www.bls.gov/cpi/

Federal Reserve: http://www.federalreserve.gov/

Inflation Calculator: http://www.westegg.com/inflation/

Congressional Budget Office: http://www.cbo.gov/

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Barbra Langmaid,
Aug 19, 2009, 5:11 PM
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Barbra Langmaid,
Aug 19, 2009, 5:11 PM
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Barbra Langmaid,
Sep 4, 2009, 1:20 PM
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Barbra Langmaid,
Sep 2, 2009, 9:26 AM
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Barbra Langmaid,
Sep 2, 2009, 9:26 AM
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