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.
- 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?
- 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?
- 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.
