This packet can be turned in on the 14th at the school when you pick up your next packet, or you can send a pic of each page to my email.
The district webpage for distance learning is https://www.acpsd.net/Page/41750
Some of the material we HAVE been over, and some we HAVE NOT been over. Do your best, just like homework in class i expect you to just put what you believe is the right answer and we will go over it eventually. Email me at email@example.com if you have a question that you absolutely must ask. Stay safe.
1/15 First day of 2nd semester- Economics- Go over classroom rules & give out parent letter. Discuss scarcity and the primary resources that we use. Define vocabulary 1-37.
1/16 Do Guided reading 1 section 1 Scarcity & the science of economics
1/17 When you run into me in Kroger 5 years from now, & 10 years from now what are you going to be doing? (What, why, where) & what do you want to be in your eulogy when you die at 80 years old? 3 paragraphs
1/18 Go over sec 1 (need, want, scarcity, Economics, paradox of value) Talk about these things in the context of local businesses and what do they think is the most important. How do you determine what is a want or need. 4 things that set the poverty line in the U.S. Assign section 2
1/22 Choices! 1-2 section Talk about MLK quote "Not environment, not heredity, but personal response is the final determining factor in our lives, and herein lies our area of responsibility." 3 questions each society must answer, 4 items in the scope of economics. Discuss resources (durable, non-durable, idle) capital goods. Opportunity cost & difference between it and trade-offs.
1/23 Quiz on Chapter 1 section 1 scarcity, questions societies face, & scope of economics. 1-3 Economic models Production possibilities
1/24 Discuss trade-offs and specialization Crash course #2. Comparative advantages of trades. Pay scale and investing in human capital. Advantages of job shadowing before choosing profession
1/27 Do 1.3 Economic Models (division of labor, specialization, and Talk about Circular Flow & discuss real-world example in Aiken)
1/28 Chapter 1 Written test review and Finish up section 3 Using Economic Models
1/29 Kahoot review & Semester pre-test
1/30 Chapter 1 Scarcity & Science of Econ Test Chapter 2 Vocab for Economic Systems
1/31 Talk about coronavirus and u.s life expectancy as compared with other developed countries.
2/3 Check 2-1 & Discuss Super Bowl ads and sign up for How the Market works game.
2/4 Class day totally devoted to researching with stock to buy and going over how to use the HTMW website & personal profile. End of the game is 5/8 and each student gets $10K and must make at least 30 trades for 100 test grade. Top 5 in each class gets 100. Top 5 overall gets 100.
2/5 Discussion of the first 2 types of pure economies Assign 2-1
2/6 Go over 2-1 and check for completion. Assign 2-2 and discussion of market economy
2/7 Go over 2-2 and discussion of mixed economies and the lack of pure economies in the world.
2/11 Guidance dept gives mid-year review in cafeteria 1-3 and media center 4-5
2/12 Quiz on sections 1 & 2 ( 3 types of economies)
2/13 Discussion of Soviet Union of the 80's and how the economic systems of the 2 superpowers played such a major political role.
2/14 Discussion of vocabulary and concentration on the Great Depression and how New Deal & WWII lifted economy
2/18 written Test Review on Ch2
2/19 Kahoot on types of economies and review quizlet
2/20 Chapter 2 Types of economies test
2/21 Stock market day
2/24-25 Illustration from any of the major concepts of Chapters 1 & 2 ( 4 factors of Prod, scope of econ, adv & dis of 3 economies, types of goods, circular flow illustration)
2/26 finish up illustration
2/27 Ch 3 voc and short discussion of free enterprise/capitalism
3/2 Work on 3-1 & 3-2 worksheets. Reinforce that no one can talk so as to take away a personal choice.
3/3 Discuss 5 characteristics of free enterprise/capitalism 5 major characteristics of free market/ capitalism and a modern-day example of each. 3-1 review
3/4 Discuss 5 benefits of free market/capitalism and modern day examples and review 3-2
3/5 Discuss the disadvantages of the free market and modern day examples and assign 3-3
3/6 Quiz on characteristics, benefits, & disadvantages of the free market
3/9 Discussion of the impact of coronavirus and what could possibly be the repercussions if our world has a pandemic.
3/10 Oral review of the disadvantages of a free market/capitalist economy
3/11 Kahoot on Free Enterprise and howthemarketworks.com stock market game
3/12 Chapter 3 Test of Free enterprise economy
3/13 senior breakfast and stock market game
Supply and Demand