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