August 8 2015
What can I do to be successful in Economics this year? What are the policies and procedures used in this classroom?
All Apply, as students will receive an introduction to the course.
I will also discuss the new warm up/ bell ringer/ kick off/ activator procedure.
Join my remind: @486743 to 81010
If student’s have Ipads they will do the following. Go to Rockmart High School's website. Click on Teacher's websites. Then click on Eubanks, Steven, this is my online classroom. Once you are here create an icon on your ipad. You may create one for my whole website or just my Economics website.
If no Ipads, students will only join remind, and I will begin introduction Powerpoint.
Students will receive a brief Powerpoint that describes me, and describes this course. Time will be spent going through the syllabus as well as discussing the expectations of Economics. Time will also be spent discussing how this website will be used.
Students will then complete an activity based on my classroom and the introduction Powerpoint.
Course Syllabus CLICK HERE
Introduction Powerpoint CLICK HERE
Introduction Activity CLICK HERE
We will go over the introduction activity.
Students will also be asked to indicate on a paper and turn in what their expectations for me are and one thing they would like to tell me about themselves. If Ipads are available this will be done on Socrative.
August 9 2015
What is economics?
I will provide directions for activator process. You will answer this question: What do you think of when you hear the term "economics"?
Students will be provided with a general introduction to Economics. What are the keys to economics? How do you define it?
Students will complete a work found in the Introduction to Economics Folder called "Can You Think Like an Economist?"
Students will open this PDF file and will import this into an app where they can edit this. They will submit this assignment to assure they know how to do this.
In these early days, printouts will be provided as needed until students receive Ipads.
Can you think like an economist CLICK HERE
How would you describe economics to someone who had never heard of economics? Be ready to put it in your own words.
August 10 2015
What is economics?
On a blank sheet of paper, answer the following question: Why did you come to school today? Think back to our discussion yesterday. This will allow me to explain how the notebooks will be used in this course.
Students will first be provided with a brief recap of what we discussed in our introduction to economics.
Students will access handout called "The Economic Way of Thinking" in the Introduction to Economics folder. In small groups students will be assigned one or two of the 9 topics, be asked to define them in an economics sense, and in their own words, and identify at least 2 real life examples. Students must have an image for each of the real life examples. Students will be instructed to put things in their own terms and in economic terms. Students will then present their findings. Students may work collaboratively on an Ipad or on paper.
In pairs students will put each of the 8 Economic Principles in their own words.
The Economic Way of Thinking CLICK HERE
Which of these 9 Ways of Economic Thinking do you relate to most? Which least?
August 11 2015
SSEF1 The student will explain why limited productive resources and unlimited wants result in scarcity, opportunity costs, and tradeoffs for individuals, businesses, and governments.
a. Define scarcity as a basic condition that exists when unlimited wants exceed limited productive resources.
b. Define and give examples of productive resources (factors of production) (e.g., land (natural), labor (human), capital (capital goods), entrepreneurship).
c. List a variety of strategies for allocating scarce resources.
d. Define opportunity cost as the next best alternative given up when individuals, businesses, and governments confront scarcity by making choices.
First some time will be spent explianing how classnotes will be used in this course. Class notes will also be located under the Activator.
The study of economics exists because of scarcity. Scarcity always exists and is the basic condition that exists when unlimited wants exceed limited productive resources. . Scarcity forces us to choose between various alternatives (trade-offs). All choices have costs (opportunity cost). Incentives guide our choices. Scarcity is NOT a shortage! A shortage can be fixed.
Trade-off are possible options that we can choose from when we face scarcity.
Opportunity Cost is the next best alternative given up when a choice is made.
Then, students will try to determine the difference between microeconomics and macroeconomics. We will fill out a brief T-chart to help with this activity.
Students will be introduced to the basic tools of understanding economics, including scarcity, trade offs, and oppurtunity. Lesson will relate back to discussion of choices in economics.
Students will be presented with a scenario where they will be grouped and asked to determine what items they would select if stranded on a deserted island. This will lead to a general discussion of scarcity, shortage, trade offs, and oppurtunity cost. Students will be able to fill out a graphic organizer for each of these key terms.
PDF is located in Unit 1 Fundamentals of Economics and is called Scarcity Trade Offs FOP Allocation 2015-2016.pdf. This may be imported into an app that allows it to be editted.
Scarcity Presentation CLICK HERE
Micro, Macro, Scarcity, and Choice Graphic Organizer CLICK HERE
Socrative closing/ Room Code 880cce2d