Monday, October 16, 2017

Week 11 on Monday: I can define and provide examples of Market Failures

Welcome to Module 08 Part 3: Economic Progress and the Role of Government.
Concepts and Topics: Protective and productive roles of government; Market failure: externalities; Market failure: monopoly; and Market failure: public goods

DO NOW (Bellringer)  Write an initial uneducated response to Discussion 8  (5 min)
First, use the reply button below and answer one question. Automatically earn 2 points for giving your first thoughts. No preparation is needed.
    1. Students with last names beginning with A-G: According to Thomas Jefferson, “A wise and frugal government, (is one) which shall restrain men from injuring one another, which shall leave them otherwise free to regulate their own pursuits of industry and improvements, and shall not take from the mouth of labor the bread it has earned.” Using your own words, explain what Jefferson meant.
    2. Students with last names beginning with H-N: The production of electricity through coal releases carbon into the environment.   If restrictions limit the use of coal in the production of electricity, who would be the major beneficiaries?  Who bears the costs?
    3. Students with last names beginning with O-Z: Which of the following are public goods?: an antimissile system surrounding Washington D.C., a fire department, Yellowstone National Park, and Disney World amusement park. Explain your choices. 
Task 1:  Learn the Material 

Read the Outline notes provided (alone, 10 min))
Watch the videos and discuss in class.  (together as a class, 20 min)
Listen to podcasts (choice, 10 min)

Task 2  Using the book, notes, and knowledge from video and podcasts
Do: Assignment 08  (10 min)


Wed:  

Review CSE 3.1    3.2     3.3 

Do: Quiz 08  (10 min)

Exit Slip
Do: Post Discussion 08  (10 min)  Conclude the module by returning to the discussion board. Earn up to 8 points for expanding your original answer using assigned learning resources. References to the assigned reading and one or more learning resources are required.



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Fri:  I can explain how government protective functions affect the economy.  I can expalin the government's position in the market flow of the economy.  I can define national debt and budget deficit. 

Bellringer:  Critique Reflection:  20 min
Return to your discussion posts for Modules 2 through 8.  Read my comments on how to get a better grade.  For each comment I made, write on your comment card: the date and time I posted and re-write your Post Discussion correctly.   2 points for each comment card. 

Task 1:   Use the RACE method and write a Pre Discussion Post or module 9   5 min

Task 2:  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

Task 3:  Watch/Read/Discuss:  Model think aloud for Video 1.  Model Reading for 3.4.  Discuss.  

Exit Slip: Assignment 9 Two short answer questions and two questions to look up info on internet.  



Wednesday, October 11, 2017

Week 10: I can identify 4 factors that the capital market needs to create wealth

Construct your own chart 15 min

Task 1: Review Sources of Economic Progress 2.6 in your Common Sense Economics eBook 
 Take a section of text and share out its main idea.   5 min

Discuss Videos 10 min

Task 2: Review Sources of Economic Progress 2.7 in your Common Sense Economics eBook 
 Take a section of text and pull out vocabulary and main terms   5 min

Discuss Videos 10 min

Task 3:  Use your notes from today and the eBook  Do: Quiz 07  15 min


Exit Slip   
Review Rubric for Post Discussions
Review the Feedback for previous Discussion posts.  DO NOT copy/paste answers from the internet.  
Do: Post Discussion 07 

Monday, October 2, 2017

Week 9: I can Identify basic characteristics of a monopoly. I can identify basic characteristics of an oligopoly.

Reminder: Schoolwide Late Deadline is this Thursday.

Bellringer:  Do: Quiz 06 15  MIN

Task 1: Review Sources 2.3, 2.4, and 2.5 in your Common Sense Economics eBook (pages 64-84 in the 3rd/2016 edition of the hardcover textbook).

Do: Post Discussion 06   Referring to the text or videos is required. 10 MIN

Task 2:  
Preview Questions in Assignment 7
Student leaders will present Elements 2.6 and 2.7 in your Common Sense Economics eBook (pages 84-103 in the 3rd/2016 edition of the hardcover textbook).


Do: Assignment 07

Exit Slip:  On an index card, explain why breaking up monopolies would increase competition?  Do you agree or disagree that government should prevent monopolies?


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Wed/Thur
Bellringer:  Monopoly vs Oligopoly: Can you tell them apart?

Task 1: Review Sources 2.3, 2.4, and 2.5 in your Common Sense Economics eBook (pages 64-84 in the 3rd/2016 edition of the hardcover textbook).  

Do: Quiz 07

Task 2.  Do: Post Discussion 07

Exit Slip CFA