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.