Practice for your econ final!

Kahoot 1
Kahoot 2 
Kahoot 3

Week 18: I can give an example of progressive and regressive taxes.

Bellringer: Review RACE question in prep for final 10 min

Kahoot: Part 2 of 3 in prep for final 15 min

Reading from the Treasury -- summary  15 min

Task Cards -- Types of Taxes, Examples  15 min

Budget, Part 3 10 min

Calculate taxes of the given salary (income, ss, unemployment)

Calculate food for family of four and sales tax

Exit Slip Highlight the items on the budget that are essential and non-variable   5 min

Week 18: I can construct a zero-based budget. I can use a loan calculator.

Bellringer: Practice Question for Final 10 min

Kahoots: Practice for Final  20 min
https://play.kahoot.it/#/?quizId=2345972a-eadf-4858-ade1-51fb5a070ea8

Loans: Student, Home 15 min

Budget: Input monthly payment

Savings Goal: Trip to Europe 5 min

Review Exhibit Board and give Elevator speech 15 min

Exit Slip: Based on Balancing your personal budget, make recommendations to the national government on how to balance its budget.  5 min

Week 17: I can compare the national debt and budget to a personal budget. I can use a savings calculator and loan calculator. I can create a zero-based budget.

Bellringer: Sort National and Personal Debt/Deficit/Budget cards 5 min

Build Exhibit Board on Debt/Deficit/Budget 20 min

Elevator Speech 10 min

Loans: Car, Student, Home 15 min

Budget: Input monthly payment

Savings Goal: Trip to Europe 5 min

Exit Slip: Based on Balancing your personal budget, make recommendations to the national government on how to balance its budget.  

Week 17: I can define the national debt and its difference to the national deficit. I can predict how fiscal and monetary policy affect inflation, unemployment, and GDP.

1. Bellringer-5 minutes
2. Debrief Graffiti - 5 min
3. Visual summary Interp - 7 min
4. National Debt graph and Budget timeline
5. Reflection Question:  What is the relation of monetary policy to the budget?  What is the relation of fiscal policy to the budget?  5  min
6. Monetary or Fiscal sheet 20 min
7. Exhibit Board on Debt/Deficit/Budget 20 min
8. Elevator Speech 10 min

Week 16: I can distinguish between monetary and fiscal policy

Bellringer-5 minutes

• Finish Chair the Fed exercise-10 minutes
• Review monetary/fiscal chart-15 minutes
• Examples of monetary/fiscal anchor charts-10 minutes
• Expansionary and Contractionary chart-5 minutes
• Monetary and Fiscals example sheet-rest of period

Exit ticket-Explain monetary and fiscal policies as if you were talking to a 12 year old.-3 minutes. 

Week 16: I can explain fiscal policy effects

Bellringer:  Review attempt 1 for CFA #5  5 min  individual on paper

Tasks:

Expansionary and Contractionary Fiscal Policy (2 videos and discussion)  20 min, whole class, pair or small group discussion

Expansionary policy

Contractionary policy

Review

Hand Signals:  Contraction, Expansion, or Monetary?

Computer game: Chair the Fed -- balance economic indicators

Exit Slip:  Attempt #2 CFA  15 min

Week 16 I can identify Fiscal and monetary policies

Bellringer:  CFA #5  15 min  individual on paper

Tasks:

Defining Fiscal Policy (2 videos and discussion)  20 min, 

What is Fiscal Policy?

Essential Q video

Page 1 WarmUp

Hand Signals:  M and F? 10 min

Computer game: Fiscal ship -- balance the budget 20 min

Exit Slip:  Index card  Fiscal policy is the government’s use of spending and taxes to influence the economy. How do you think the federal government’s fiscal policy directly affects you? Cite activities from today to support your answer. 5 min

Week 15: I can identify the structure and functions of the Federal Reserve

Bellringer-5 minutes Background of the Fed 15 min Different Views of the Federal Reserve - 20 minutes Short Answer Quiz (open book) 15 min Another View of the Fed Head -- Start with Quiz  10 min Exit ticket -  Can an economy manage without a Federal Reserve?  Why or why not?   5 minutes

Links for Today
Background on the Federal Reserve

EconEd Link on Federal Reserve Function 

Purpose of the Fed by the Fed

How does the Fed affect Monetary Policy?

Additional Source:  In Plain English

Week 15: I can explain trends in GDP, unemployment, and wages

Bellringer:  Forming Good Questions   
Compose 3 questions you would like to know about this idea.  15 min
Working Poor in Poverty       and     UBI animation.  

Task 1:  Real Income in US history worksheet -- MATH  25 min

I do/we do/you do

	2005	2010	2015
CPI	195.3	218.1	237
Min Wage	5.15	7.25	7.25
National Debt	7953	13562	18151
Population	295.5	309.3	320.9

Task 2: per Capita share of national debt  -- Math 15 min


Task 3  Discussion 10  -- 15 min     You must CITE evidence.  Any of the videos or activities in Module 10, GDP or Savings worksheet, and wetheeconomy videos count as evidence.  

1. Bring up three tabs to help you earn full points.Moodle.certell.org at Discussion 10
2. reimaginebooks.net at Elements 3.6, 3.7, and 3.8
3. Moodle.certell.org at Learning Overview

Exit Slip   Discussion 11 -- 5 minutes to answer from your current knowledge

Week 14: I can cite historical examples of wealth and income gaps. I can analyze why government anti poverty programs can be inefficient.

Tuesday 

Bellringer:  Another Opinion -- Income and Wealth Gap

Module 10 Assignment 10 One Question  15 min

TASK 1  Module 10 Element 3.7      25 min

Break it Down:  Answer this question for each section of text and video:  

How do government programs lead to inefficiencies in delivery?

Thursday

Bellringer:  Personal Savings in the US  10 min

TASK 1  Module 10 Element 3.8    20 min

Ratio:  Students will take one question from quiz to present answer from the video selections

View Videos on Inefficiency of AntiPoverty Programs 

and a video on Working Poor in Poverty 

Task 2  Quiz 10 -- answer on your own and SUBMIT    10 min

Task 3  Discussion 10  -- 15 min     You must CITE evidence.  Any of the videos or activities in Module 10, GDP or Savings worksheet, and wetheeconomy videos count as evidence.  

1. Bring up three tabs to help you earn full points.Moodle.certell.org at Discussion 10
2. reimaginebooks.net at Elements 3.6, 3.7, and 3.8
3. Moodle.certell.org at Learning Overview

Exit Slip Discussion 11 -- 5 minutes to answer from your current knowledge

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Task 3:  Real Income in US history worksheet -- MATH  25 min

I do/we do/you do

Exit Sip:  Watch the UBI animation.  Compose 3 questions you would like to know about this idea.  

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Week 13: I can compare how economic statistics are expected to affect each other.

Monday:  I can compare how economic statistics are expected to affect each other.

Task 1:  Quiz 9 15 min

Task 2:  Discussion 9 Post Module Answer  15 min

Task 3: Do Economic statistics affect each other?
CONSENSUS -- Discuss each question and agree on answers within group
Compare GDP with Unemployment using the charts and the questions.
Examine the Savings rate and answer the questions.

EXIT SLIP:  Answer on paper
Do GDP and unemployment directly impact each other?  Explain why and how.


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Wednesday:  I can identify 3 features of anti-poverty intervention programs.
Bellringer   Unit 4 Econ Indicators CFA 10 min

Task 1
Module 10  Pre Lesson Discussion Board 5 min
Use the RACE technique to show your current state of knowledge on this topic.

1. Students with last names beginning with A-G: Suppose points are taken away from all students who earn As and redistributed to those students who earn Fs. As a result, the A students end up with Bs and the F students end up with Ds. How would this redistribution affect the incentive of students to study and learn?
2. Students with last names beginning with H-N: Have anti-poverty income transfer programs reduced the poverty rate and improved the well-being of the poor? Why or why not?
3. Students with last names beginning with O-Z: Do you think central planners can direct sectors of the economy such as healthcare, energy, and education more efficiently than markets? Explain your response.

TASK 2  Current Statistics on Savings/GDP/Unemployment 
Review answers from Monday
Use the worksheet from Monday, extend the data to the present day by using FRED  20 min

Reflection 5 min Comparing the GDP and the Savings rate, does capital deepening affect the GDP?  DOES IT AFFECT UNEMPLOYMENT?  Short term vs long term?

TASK 2  Module 10 Element 3.6 Inefficiencies of Scale  
Slice of Life 10 video clip  7 min
Reading into Graphic Organizer -- 4 sections 25 min
Relate reading back to discussion questions

EXIT SLIP    Another Opinion -- Income and Wealth Gap
Relate back to discussion questions

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Friday
Bellringer
Module 10 Assignment 10 One Question  5 min

TASK 1  Module 10 Element 3.7 20 min
Review Discussion Questions
Video Clips and discussion (if you are absent, you need to read the text)

TASK 2  Module 10 Element 3.8 20 min
Preview Quiz Questions
Video Clips and discussion (if you are absent, you need to read the text)
Reading into Graphic Organizer -- 4 sections 25 min

Task 3 Quiz 10

Exit Slip  Finish Discussion 10 -- You must CITE evidence.  Any of the videos or activities this week count.  

Week 13: I can explain how government policy affects economic indicators.

Monday:

Bellringer: Quiz Prep:  Pass out quiz questions (sans multiple choice answers) from Quiz 9 on paper to two teams of students and have them use the outline and text to find answers.   10 min

Task 1:  Share out answers from Bellringer.  10 min

Task 2:    eBook 3.5 Series of Video Clips on Government Policies  Pause after each video to BREAK IT DOWN and apply to Discussion post questions 10 min

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Start here on Monday, October 30

Task 3:  Unit 4 Econ Indicators CFA 10 min

Task 4:  Quiz 9 15 min

Exit Slip:  Discussion 9 Post Module Answer  15 min

Week 12: I can explain the government's position in the market flow of the economy. Why doesn't Government just fix the Economy?

Fri:   I can explain the government's position in the market flow of the economy. 

                    Why doesn't Government just fix the Economy?

Bellringer:  Critique Reflection: 

Critique a Post from Module 2  15 min

Task 1  Individual students will pick one other student's post to critique and rewrite correctly,  20 min

 Task 2:   Use the RACE method and write a Pre Discussion Post for module 9   10 min

 Task 3:  Student Leaders:  Use the Outline and Mark Text for Element 3.4.  Explain to Fellow students why it helps you to mark the words you mark.  15 min

 EXIT SLIP  Show Discussion Questions on PBoard.  Think/Pair/Share What info from the Outline would fit your question? 10 min

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Tuesday     I can explain how government protective functions affect the economy.

 Bellringer:  REDO Friday’s exit slip  Show Discussion Questions on PBoard.  Think/Pair/Share What info from the Outline would fit your question? 10 min

 Task 1:  eBook 3.4 Series of Video Clips on Government Policies  Pause after each video to BREAK IT DOWN 20 min

 Task 2: Student Leaders:  Use the Outline and Mark Text for Element 3.5.  Explain to Fellow students why it helps you to mark the words you mark.  15 min

 Exit Slip  Assignment 9  Two short answer questions to assess Video and Outline Comprehension and two questions to do quick research on government websites.  15 min

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Wednesday  I can define parts of the business cycle found in mixed market economy.

 Bellringer:   3.4 Text Section and Graphic Organizer  10 min

 Task 1:    eBook 3.5 Series of Video Clips on Government Policies  Pause after each video to BREAK IT DOWN and apply to Discussion post questions 20 min

 Task 2: Quiz Prep:  Pass out quiz questions (sans multiple choice answers) from Quiz 9 on paper to two teams of students and have them use the outline and text to find answers.  Share out answers.  10 min and 10 min

 Task 3:  Quiz 9 10 min

 Exit Slip:  Discussion 9 Post Module Answer  10 min