Download Civics and Economics

Civics and Economics
Day 50 combo
Goal 8.01
Essential Questions:
8.01 How does a market economy protect consumers?
• 8.01 What are the advantages and disadvantages to consumers when the government intervenes in the economy?
• 8.01 Why might a nation choose one economic system over another?
Major Concepts: Change, Power, Influence
Minor Concepts: Competition, Markets, Price, Globalization
Factual Content
(Markets/Competition)
(Globalization)
Buyers and sellers
Multinational
Monopoly
Conglomerates
Oligopoly
Competitive market
Mergers
Horizontal merger
Vertical merger
Conglomerates
Civics and Economics
Day 51 combo
Goal 8.02
Essential Questions:
8.01 How does a market economy protect consumers?
• 8.01 What are the advantages and disadvantages to consumers when the government intervenes in the economy?
• 8.01 Why might a nation choose one economic system over another?
Major Concepts: Change, Power, Influence
Minor Concepts: Competition, Markets, Price, Globalization
Factual Content
(Mixed Market)
Private property
Voluntary exchange
Patents
Copyrights
Productivity
Specialization
Division of Labor
Efficiency
(Free Enterprise)
Goals for Free Enterprise
Security
Equity
Freedom
Full employment
(COMBO LESSON) New 12/14/2011
Starting the Lesson
Students will view a short video on saving money followed by discussion.
Presentation
Students will view a power point on Free Enterprise and the Business Cycle & discuss Supply & Demand.
Guided Practice/Independent Practice
Students will complete a goal 8.02 worksheet on ownership & intellectual property.
Independent Practice
Make car advertisements, trace how competing dealerships entice potential buyers to their brands and products.
Evaluation
Students will construct their own circular flow model.
Closure
Students will complete their classroom exit cards and answer the following questions: What did I learn? What did I not understand?
What do I need to review? Word Wall (blinds)
Civics and Economics
Day 52
Goal 8.03
Essential Questions:
• 8.03 How would a disruption in any segment of the circular flow of economic activity impact the other parts?
• 8.03 How does the capitalist system of economic exchange promote economic interdependence?
• 8.03 What impact does government regulation have on the circular flow model?
Major Concepts: Change, Power, Influence
Minor Concepts: Competition, Markets, Price, Globalization
Factual Content
(Markets)
(Economic Activity/Exchange)
Factor Market (household)
Circular flow model
Product Market (business)
Wages
Salary
Economic interdependence
Starting the Lesson
Bell Ringer Review
Presentation
Students will view a power point on the Business Cycle
Guided Practice/Independent Practice
Students will fill in a graphic organizer on types of businesses & the US banking system
Evaluation
Students will answer questions on Supply and Demand.
*if time/ Word Wall
Closure
Students will complete their classroom exit cards and answer the following questions: What did I learn? What did I not understand?
What do I need to review?
Civics and Economics
Day 53
Goal 8.04
Essential Questions:
• 8.04 How does the government affect supply and demand schedules in the U.S. economy?
• 8.04 Why do consumers choose substitute goods and how do these goods impact price?
• 8.04 What factors affect a household’s disposable income?
Major Concepts: Change, Power, Influence
Minor Concepts: Competition, Markets, Price, Globalization
Factual Content
(Demand)
(Influences on Supply/Demand)
Demand Curve
Personal income
Demand schedule
Disposal income
(Supply)
Complimentary goods
Supply curve
Substitute goods
Supply schedule
Equilibrium/Market price
Starting the Lesson
Bell Ringer Review
Presentation
Students will view a power point on Competition & fill in the blanks on their notes.
Guided Practice/Independent Practice
Students will review economic vocabulary by creating their own Word Wall terms.
Evaluation
Students will take an Economic Systems test.
Closure
Students will complete their classroom exit cards and answer the following questions: What did I learn? What did I not understand?
What do I need to review?
Civics and Economics
Day 54
Goal 8.05
Essential Questions:
8.05 What are the pros and cons of wage and price controls and what affect do these have on the economy?
• 8.05 How do consumers and markets react to both shortages and surpluses?
• 8.05 What role does the government play when either a shortage or surplus of goods and services exists?
Major Concepts: Change, Power, Influence
Minor Concepts: Competition, Markets, Price, Globalization
Factual Content
(Price Change)
Inflation
Surplus
Deflation
Shortage
Wage and price control
Consumer Tastes
Interest rates
Minimum wage
Starting the Lesson
Bell Ringer Review
Presentation
How do Corporations raise capital? notes
Guided Practice/Independent Practice
Trade & Investment worksheet/ Graphic Organizer
Evaluation
Word Wall Terms
Closure
Students will complete their classroom exit cards and answer the following questions: What did I learn? What did I not understand?
What do I need to review?
Civics and Economics
Day 55
Goal 8.04
Essential Questions:
• 8.04 How does the government affect supply and demand schedules in the U.S. economy?
• 8.04 Why do consumers choose substitute goods and how do these goods impact price?
• 8.04 What factors affect a household’s disposable income?
Major Concepts: Change, Power, Influence
Minor Concepts: Competition, Markets, Price, Globalization
Factual Content
(Demand)
(Influences on Supply/Demand)
Demand Curve
Personal income
Demand schedule
Disposal income
(Supply)
Complimentary goods
Supply curve
Substitute goods
Supply schedule
Equilibrium/Market price
Starting the Lesson
Bell Ringer Review
Presentation
Students will be given an oral review of material we have gone over.
Evaluation
Students will take their choice of an essay test or multiple choice test for Goal 8 CE.
Closure
Students will complete their classroom exit cards and answer the following questions: What did I learn? What did I not understand?
What do I need to review?