Today in History: HMS Hood sunk by KMS Bismarck - (1941)

 

Quote: "Don't let schooling interfere with your education." - Mark Twain  

 

Objective: Same

 

1) Work on Finals Presentation (Per. 2,4,5,6)

2) Study Key Terms for Final (Per. 3) 

Today in History: The Federal Republic of West Germany is announced. - (1949)

 

Quote: "There is no sadder sight than a young pessimist." - Mark Twain     

 

Objective: Same as Monday

 

1) Continue work towards finals.

 

 

Today in History: Truman sends aid to Turkey and Greece. - (1947)

 

Quote: "A man who carries a cat by the tail will learn something he can learn in no other way." - Mark Twain    

 

Objective: Explain the components of total cost.

 

1) Collect Module 15 work

2) Collect p. 180, 182 & 183 work

3) Key Terms p. 33,75, 76, 103, 142, 143 and 180. (Basis for Final)

Today in History: First bombing raid on Hanoi. - (1967)

 

Quote: " Strategic planning is worthless - unless there is first a strategic vision." - John Niasbitt 

 

Objective: Explain the components of total cost.

 

1) Finish and collect Module 15

2) Read p. 180 and answer the four questions

3) Review key terms on p. 181

4) Add Self-Assessment p. 182-183 to p. 180 questions.  

Today in History: Charles Lindbergh crosses the Atlantic. - (1927)

 

Quote: "I've had enough publicity for fifteen lives." - Charles A. Lindbergh  

 

Objective: Explain the components of total cost.

 

1) Collect "Did You Get It?" Questions p. 170-177

2) Do Module 15 p. 178-179

Today in History: Brown vs Board of Education ends segregation. - (1954)

 

Quote: "Segregation has no place in the educational system." - Richard Dawkins 

 

Objective: Explain the components of total cost.

 

1) Continue reading p. 174-177

2) Add p. 175, 176 and 177 (Did You Get It?) to yesterday's work. 

3) Collect work tomorrow

Today in History: U.S. spy plane is shot down over Russia. - (1960)

 

Quote: "If it had not been for the Cold War, neither Russia nor America would be sending people into space." - Zbigniew Brzezinski 

 

Objective: Explain the components of total cost.

 

1) Read p. 170-174

2) Answer 'Did You Get It,' questions p. 170, 172, 173, 174.  (6 questions total)

 

Today in History: U.S. prepares for the Battle of Midway. - (1942)

 

Quote: "A cauliflower is just a cabbage with a college education." - Mark Twain 

 

Objective: Same

Today in History: The Berlin blockade is ended. - (1949)

 

Quote: "As a free man, I take pride in the words 'Ich bin ein Berliner.'" - John F. Kennedy (35th U.S. President)

 

Objective: Explain the components of total cost.

 

1) Read p. 170-172

2) Finish Module 15 work p. 163, 165-166

3) Collect work

Today in History: The Siege of Khe Sanh ends with a U.S. victory. - (1968)

 

Quote: "The Vietnam War soured President Johnson's legacy." - Gene Green (American politician)

 

Objective: Explain the components of total cost.

 

1) Finish and collect p. 163, 165-166.

2) Read Module 15 p. 167-170.

3) Key Terms: Define

       A) Short Run

       B) Long Run 

Today in History: Germany invades the Low Countries - (1940)

 

Quote: "There is nothing impossible to him who will try." - Alexander the Great 

 

Objective: Explain the concept and Law of Supply

 

1) Answer the Did You Get It? question on p. 163.

2) Do the Module 14 Review p. 165 and 166.  Add this to question from p. 163.

3) Collect Work

Continue on with Reading assignments from Monday.

Today in History: Germany surrenders to the Allies - (1945)

 

Quote: "Only our individual faith in freedom can keep us free." - Dwight D. Eisenhower - 34th U.S. President

 

Objective Explain the Concept and Law of Supply

 

1) Read p. 161-164 from text.

2) Answer the 'Did You Get It?' Question on p. 163.

3) Save Work

 

It's Saturday - Relax

Today in History: The Battle of the Coral Sea ends in a tie. - (1942)

Teacher Absent - Continue with reading Assignments

Teacher Absent - Continue with reading

Today in History: Russian Army captures Berlin. - (1945)

 

Quote: "Only the dead have seen the end of war." - George Santayana 

 

Objective: Explain the concept and Law of Supply.

 

1) Finish reading p. 153-155

2) Finish "Did you get it?" questions.

3) Add Review questions p. 156-157 (All work due tomorrow)

Today in History: Battle of the Coral Sea begins. - (1942)

 

Quote: "Scratch one flattop." - Naval aviator after sinking the Japanese carrier Shoho.

 

Objective: Explain the concept and Law of Supply.

 

1) Read text p. 153-155.

2) Elasticity of Supply

3) Answer the "Did you get it?" questions on p. 148, 151, 153 & 154

 

Today in History: Greece surrenders to German Army. - (1941)

 

Quote: "Never, never, never give-up."  - Winston Churchill 

 

Objective: Explain the concept and Law of Supply

 

1) Collect p. 142-145 work

2) Read text p. 148-151

      a) The Law of Supply

      b) Profit

      c) Quantity Supplied

Today in History: Henri Petain arrested for leading the Vichy French government under the Germans. - (1945)

 

Quote: "There are no extraordinary men... just extraordinary circumstances that ordinary men are forced to deal with." - Admiral William F. Halsey 

 

Objective: Show how Economics measures the sensitivity of quantity demand.

 

1) Do Chapter 4 Review p. 142-145.

2) Read text p. 146-150.  

Today in History: U.S. and Soviet troops meet at the Elbe River. - (1945)

 

Quote: "I shall return!" - General Douglas MacArthur 

 

Objective: Show how economics measures the sensitivity of quantity demand.

 

1) Finish p. 138-139

2) Collect work

3) Read p. 139-141

Armenian Genocide Rememberence Day

Today in History: The Red army enters the outskirts of Berlin. - (1945)

 

Quote: "History shows there are no invincible armies." - Joseph Stalin 

 

Objective: Show how Economics measures the sensitivity of quantity demand.

 

1) Read text p. 134-137

     A) Elasticity

     B) Total Spending

     C) Total Demand

2) Do Module 12 Review exercise p. 138 and 139 (on paper.)

3) Work due Tuesday.

Today in History: Adolf Hitler is born. - (1889)

 

Quote: "We think too much and we feel too little." - Charlie Chaplin (The Great Dictator) 

 

Objective: Show how Economics measures the sensitivity of quantity demand.

 

1) Review Measuring Elasticity

2) Read text p. 133-134. (take notes)

Today in History: Warsaw Ghetto uprising begins. - (1943)

 

Quote: "When you're going through Hell, keep going." - Winston Churchill  

 

Objective: Show how Economics measures the sensitivity of quantity demand.

 

1) Review Key Terms on board. - Define them and answer the question: What 5 factors make demand elastic? - Collect work

2) Review Table 12.1 p. 130

3) Read text p. 131-132: Measuring Elasticity p. 131-132

Today in History: Doolittle Raid on Tokyo. - (1942)

 

Quote: "I can now tell you that the raid on Tokyo was launched from our new secret base in Shangri La." - Franklin D. Roosevelt 

 

Objective: Show how Economics measures the sensitivity of quantity Demand.

 

1) Collect Module 11 Work.

2) Read text p. 127-130 Elasticity of Demand

3) Review Key Terms 

 

Continue work from Friday - Collect tomorrow.

Today in History: Abraham Lincoln is assassinated. - (1865)

 

Quote: "Sic Semper Tyrannus." - John Wilkes Booth

 

Objective: Identify what shifts the demand curve to the left or the right.

 

1) Read text p. 121-124.

     A) Substitutes

     B) Compliments

2) Do the Module 11 exercise on p. 125 and 126 of text.

3) Collect work no later than Monday  

Today in History: German troops capture Belgrade, Yugoslavia. - (1941)

 

Quote: "The truth is found when men are free to pursue it." - Franklin D. Roosevelt (32nd U.S. President)

 

Objective: Identify what shifts the demand curve to the left or the right.

 

1) Read Shifts of the Demand Curve p. 117-121 of text.

     A) Shift of the Demand Curve

     B) Change in the Quantity Demanded

     C) Normal Goods

     D) Inferior Goods

2) Video - The Demand Curve.

3) Finish reading.

Today in History: Franklin D. Roosevelt dies before the end of World War II. - (1945)

 

Quote: "I have nothing to offer but blood, toil, tears, and sweat." - Winston Churchill 

 

Objective: Describe the Law of Demand and the role of substitution and income effect.

 

1) Handout - Factors Affecting Demand - Review (Put in Notes)

2) Work on Module 10 Review and Assessment. Text p. 115 & 116

3) Collect Work

Today in History: Anschluss is approved in Austria. - (1938)

 

Quote: "Germany will either be a world power, or not be at all." - Adolf Hitler 

 

Objective: Describe the Law of Demand and the role of substitution and income effect. 

 

1) Make-up Chapter 3 Review. - Collect work.

2) Read text p. 108-110.

     Law of Demand

     Substitution Effect

     Income Effect

Today in History: President Reagan is shot. - (1981)

 

Quote: "The future doesn't belong to the faint-hearted.  It belongs to the brave." - Ronald Reagan (40th U.S. President)

 

Objective: Recognize six common decision making mistakes.

 

1) Text p. 100-101 - Assessment Review - Complete

2) Work on p. 102-105

       a) Headline Economics p. 102 - Read

       b) Do Chapter 3 Review and Assessment p. 103-105.

3) Collect work.

 

Quote: "America lost face with the debacle of the Vietnam War." - Tiny Tim (comedian, singer)

 

Objective: Recognize six common decision making mistakes. 

 

1) Same as yesterday.

Today in History: Three-Mile Island nuclear disaster. - (1979)

 

Quote: "A nuclear-power reactor is just a fancy way of boiling water." - Leslie Dewan (nuclear engineer)

 

Objective: Recognize six common decision making mistakes.

 

1) Review Key Ideas Chapter 3

2) Text p. 100-101 Assessment Review

3) Chapter 3 Review and Assessment Test Thursday.

Today in History: The Great Alaskan Earthquake - (1964)

 

Quote: "Part of life is learning to survive." - Anon. 

 

Objective: Recognize six common decision making mistakes.

 

1) Read p. 96-99 Mistakes People Make.

2) TedEd

Today in History: The Black Death (Plague) begins. - (1345)

 

Quote: "Everybody wants to go to heaven, but nobody wants to die." - Anon.

 

Objective: Recognize six common decision making mistakes.

 

1) Collect Handouts

2) Collect p. 93 Review Work.

3) Intro to Behavioral Economics

4) Review Key ideas

       a) Behavioral economics.

       b) Status quo bias

 

Today in History: British evacuate Boston - (1776)

 

Quote: "Laws made by common consent must not be trampled on by individuals." - George Washington

 

Objective: Explain the requirements of Rational Decision Making

 

1) Turn in Handout #2

2) Complete Module 8 Review/Assessment on p. 93

3) Pep-Rally

Today in History: First liquid-fueled rocket is launched. - (1926)

 

Quote: "Fear connotes something that interferes with what you are doing." - John Glenn (astronaut)

 

Objective: Explain the requirements of Rational Decision making.

 

1) Continue work on Handouts - Set #2

2) Finish reading p. 86-92.  Use notebooks to take notes.

3) Quiz Tomorrow - Open Notes 

Today in History: Julius Caesar is assassinated. - (44 BCE)

 

Quote: "Et tu Brute?  Then fall Caesar." - William Shakespeare 

 

Objective: Explain the requirements of Rational Decision making.

 

1) Rational Decision Making - What are the requirements for this?

2) Continue reading text p. 86-92

3) Handouts - Work on 3.8.1 and 3.8.2

Today in History: Mikhail Gorbachev elected Soviet president. - (1990)

 

Quote: "If not me, who?  If not now, when?" - Mikhail Gorbachev (Last soviet president)

 

Objective: Explain the requirements of Rational Decision making.

 

1) Rational Decision Making - What are the requirements for this?

2) Continue reading text p. 86-92.

3) Handouts - Work on 3.8.1 and 3.8.2

Today in History: Czar Alexander II is assassinated in St. Petersburg. - (1881)

 

Quote: "Assassination is the extreme form of censorship." - George Bernard Shaw (author)

 

Objective: Understand how to weigh costs and benefits in financial decision making.

 

1) Chapter 3, Module 8 - Read in Class

2) Review Tests.

3) Review Key Ideas

Today in History: Turkish troops evacuate Bagdad. - (1917)

 

Quote: "Battle is a cacophony of disorder." - George S. Patton.

 

Objective: Understand how to weigh costs and benefits in financial decision making.

 

1) Quiz - Text p. 71

Today in History: USS Monitor vs CSS Virginia - (1862)

 

Quote: "War is a series of catastrophes which result in victory." -  Albert Pike 

 

Objective: Understand how to weigh costs and benefits in financial decision making.

 

1) Continue with chapter 3 module 7

2) Work on Handout #3

3) Quiz Tomorrow

Today in History: Suez Canal is reopened by Egypt. - (1957)

 

Quote: "Live life to the fullest and focus on the positive." - Matt Cameron 

 

Objective: Understand how to weigh costs and benefits in financial decision making. 

 

1) Chapter 3, Module 7

2) Opportunity cost worksheet (part II)

3) Finish both parts and submit work.

Today in History: Hitler reoccupies the Rhineland - (1936)

 

Quote: "What good fortune for governments that the people do not think." - Adolf Hitler

 

Objective: Understand how to weigh costs and benefits in financial decision making.

 

1) Chapter3, Module 7

2) Opportunity cost worksheet - in class (save for tomorrow)

Today in History: Stalin is replaced 1 day after death by Malenkov. - (1953)

 

Quote: "Death solves all problems.  No man... no problem." - Joseph Stalin

 

Objective: Understand how to weigh costs and benefits in financial decision making.

 

1) Read Text p. 79-80 intro.  (Chapter 3, Module 7)

2) Review and discuss Costs and Benefits (Text p. 81-85)

3) Key Terms: Opportunity Costs, Budgets, Budget Lines, Tradeoffs, Sunk Costs

4) Work on Handout #1.

Today in History: Charlie Chaplin's body is stolen. - (1978)

 

Quote: "In the end, everything is a gag." - Charlie Chaplin 

 

Objective: Explain the relationship among households, firms and markets.

 

1) Chapter 2, Module 6 - Modern Market Economy

2) Study pg. 62-71 of Text.

2) Key Terms: property right, household, firm, circular flow diagram, product market, factor markets, factor payments, public good, transfer payments.   

Today in History: The chemical structure of DNA is discovered. - (1953)

 

Quote: "Genes are like the story, and DNA is the language that story is written in." - Sam Kean (American author)

 

Objective: Examine Investment and Savings Strategies

 

1) Continue work on financial foundations.  

Today in History: Russia invades Ukraine - (2022)

 

Quote: "Ukraine must once again be revered and respected by its citizens as well as the East and the West." - Viktor Yushchenko - 3rd President of Ukraine 

 

Objective: Examine Investment and Savings Strategies

 

1) Film 

Block Schedule: No class.

Today in History: Russia invades Ukraine - (2022)

 

Quote: "The Constitution is the guide which I never will abandon." - George Washington (First U.S. President)

 

Objective: Examine investment and savings strategies.

 

1) Examine savings and financial planning.

2) Worksheets.

Today in History: Malcolm X is assassinated. - (1965)

 

Quote: "The future belongs to those who prepare for it today." - Malcolm X (activist)

 

Objective: Examine investment and Savings Strategies.

 

1) Examining Savings and Planning

2) Worksheets 

No School Today

Today in History: Michael Jordan is born. - (1963)

 

Quote: "The commander in the field is always right and the rear echelon is wrong, unless proven otherwise." - Colin Powell

 

Objective: Examine the four economic systems.

 

1) Finish film essay.

2) Continue review of Economic System.

 

 

Today in History: Stephen Decatur raids Tripoli and burns the USS Philadelphia. - (1804)

 

Quote: "It was the most daring act of the age." - Lord Admiral Horatio Nelson (British Admiral) 

 

Objective: Examine the four economic systems.

 

1) Comparing Economic Systems - Chapter 2 module 5

2) Use Graphic Organizers 

Today in History: USS Maine is sunk starting the Spanish-American War. - (1898)

 

Quote: "You provide the stories, I'll provide the war." - William Randolph Hearst (newspaper publisher)

 

Objective: Examine the four Economic Systems.

 

1) Comparing Economic Systems Chapter 2 Module 5.

2) Use Graphic Organizers.

 

 

Today in History: Captain Cook is killed in Hawaii. - (1779)

 

Quote: "Life is an adventure, not a package tour." - Eckhart Tolle (German teacher)

 

Objective: Examine the Four Economic Systems.

 

1) Comparing Economic System Chapter 2 Module 5

2) Use Graphic Organizers to examine the text.

Today in History: First all-Black professional basketball team formed - The New York Renaissance. - (1923)

 

Quote: "A people without the past knowledge of their history, origins and culture is like a tree without roots." - Marcus Garvey (activist)

 

Objective: Examine the four Economic Systems.

 

1) Comparing Economic Systems - Chapter 2 Module 5

2) Use Graphic Organizers in class.

Today in History: The Day the Music Died - Buddy Holly, Richie Valens and the Big Bopper are killed in a plane crash. - (1959)

 

Quote: "Death is very often referred to as a good career move." - Buddy Holly (singer/songwriter)

 

Objective: Understand the Key Economic Questions.

 

1) Continue work on Chapter 2 module 4

 

Today in History: The Treaty of Guadalupe-Hidalgo is signed ending the Mexican-American War. - (1848)

 

Quote: "The world has nothing to fear from military ambitions in our government." - James K. Polk (11th U.S. President)

 

Objective: Understand basic economic questions in both Capitalistic and Communistic nations.

 

1) Discuss reading Chapter 2 Module 4

2) Three Basic Economic Questions

3) Economic Goals

     A) Standard of Living

     B) Efficiency

     C) Equity

     D) Economic Security

     E) Economic Freedom

     F) Other Goals

Today in History: Germany launches 2nd Unrestricted submarine campaign against both allies and neutral countries. - (1917)

 

Quote: "The journey of a thousand miles begins with one step." - Lao Tzu (Chinese Philosopher)

 

Objective: Understand why economists use models.

 

1) Read Chapter 2, module 1 of text.  

2) Collect Survival Papers.  (10 minutes to finish)

Today in History: Charles I of England is executed for treason. - (1649)

 

Quote: "Ouch!" - Charles I (King of England) (Former head of the country)

 

Objective: Understand why Economic Models are used today.

 

1) Continue reading text p. 10-21

2) Review Key Terms.

Today in History: Amelia Earhart flies from Hawaii to California. - (1935)

 

Quote: "Never interrupt someone doing what you said couldn't be done." - Amelia Earhart (pioneer aviatrix) 

 

Objective: Explain the basics of Economics.  

 

1) Finish reading page 3-9 of text

2) Review corrected worksheet.

3) Quiz Friday

Today in History: President Truman warns of dangers of the Cold War. - (1952)

 

Quote: "I never gave anybody hell!  I just told the truth and they thought it was hell." - Harry Truman (33rd U.S. President)

 

Objective: Explain what Economics is.

 

1) Exchange Government Books for Economic Books

2) Discuss the purpose of Economic studies.

3) Comparison of Consumer Products.