Monday, October 30, 2017

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.  

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