Monday, March 17

1. Monday, March 17 • Activities: • Phases interactive lecture • Start group activity. • Homework: • None! • Warm-up #6: What are the components of GDP?

2. Tuesday, March 18 • Activities: • Sit at the same group as you did yesterday. If you were absent, find an incomplete group to join. • Finish group activity. • Written conversation • Homework: • None! • Warm-up #7: Define frictional unemployment in your own words.

3. Wednesday, March 19 • Activities: • SSR • Factors interactive lecture • Homework: • Open-note quiz on Monday! • Warm-up #8: Mark buys a used washing machine at a yard sale. Does this count in GDP? Why or why not?

4. Thursday, March 20 • Activities: • Go over practices. • Inflation interactive lecture • Factors practice • Homework: • Open-note quiz on Monday! • TEST NEXT THURSDAY! • Warm-up #9: List the internal factors that can cause the business cycle change.

5. Friday, March 21 • Activities: • Chapter 9 reading notes • Homework: • Open-note quiz on Monday! • Ch. 9 RN due Wednesday! • Test on Thursday! • Warm-up #10: If businesses increase investment, then what will happen to the business cycle?

6. Monday, March 24 • Activities: • Open-note quiz • Fiscal policy reading and questions • Homework: • Ch. 9 RN due on Wednesday! • Test on Thursday! • No warm-up! Have a sheet of paper and your notes ready for the open-note quiz!

7. Tuesday, March 25 • Activities: • Business cycle in pictures activity • Homework: • Ch. 9 RN due tomorrow! • TEST ON THURSDAY! • Warm-up #11: If the economy is in a recession, how will the government use taxing and spending?

8. Wednesday, March 26 • Activities: • Turn in reading notes. • SSR • Go over factors practice. • Catch-up day: • Group activity from yesterday • Open-note quiz • Fiscal policy questions • Study for test. • Homework: • TEST MOVED TO FRIDAY! STUDY! • Warm-up #12 (turn in today): If the economy is experiencing inflation, how will the government use fiscal policy?

9. Thursday, March 27 • Activities: • Discuss what will be on the test. • Fed tutorial • Homework: • TEST TOMORROW! STUDY!!! Some of you need to do VERY well this nine weeks in order to graduate! • No warm-up.

10. Test – 36 MC/matching & 4 short answer • Notes: • Unemployment • GDP • Phases • Factors • Inflation • Handouts/activities: • Ch. 8 questions • Types of unemployment activity • What Counts in GDP? • Factors Affecting the Business Cycle • Fiscal Policy Questions (more info on next slide)

11. Fiscal Policy • Expansionary Fiscal Policy: • Used to increase spending during a recession • Increase government spending (creates jobs) • Decrease in taxes (increases consumer and business spending) • Contractionary Fiscal Policy: • Used to decrease spending if the economy is growing too quickly and/or experiencing inflation • Decrease government spending • Increase in taxes

12. Friday, March 28 • Activities: • TEST • Finish and turn in Fed tutorial. • Homework: • Bring LIGHT snacks on Monday and Tuesday! No messes! • None!

13. Monday, March 31 (EOC schedule) • Activities: • Reassessment information • Current Events information for 4th nine weeks • Inside the Meltdown video and questions • Homework: • Start your Current Events now! • Warm-up #1 (start a new sheet for Unit 4): What do you think caused the Great Depression?

14. Unit Three Reassessment (Regulars) • Remember: • You must have all notes and formative work completed and in your binder. See the overview sheet for specific information. • You must complete the re-teach. If you need help, come to tutorials. • You must attend a reassessment. You cannot be late! • Reassessment tutorial times (AM starts at 7:30 and PM starts at 3:40 – do NOT be late): • Monday, April 7– AM and PM • Tuesday, April 8 – PM • Wednesday, April 9 - AM

15. Tuesday, April 1 (EOC schedule) • Activities: • Finish video. • Finish Fed tutorial. • SSR • Homework: • Current Events!!! • Warm-up #2: What is unemployment like when the economy is in a recession?

16. Wednesday, April 2 • Activities: • Money and banking assignment • Homework: • Current Events! Do them early so you will be DONE! • No warm-up. Get a textbook.

17. Thursday, April 3 • Activities: • Money interactive lecture • Work on money and banking assignment. • Homework: • Money and banking assignment due at the beginning of the period tomorrow! • Warm-up #3: What is money?

18. Friday, April 4 • Activities: • Turn in money and banking assignment. • Money video and questions • Homework: • Work on your Current Events! • Don’t forget – reassessments next week! • Warm-up #4: Under what monetary standard does the U.S. currently operate?

19. Monday, April 7 • Activities: • Money and Banking 101 video • Banking interactive lecture • Homework: • Work on your Current Events! We will be in the computer lab on Thursday and Friday! • Warm-up #5: What is the difference between commodity money and fiat money?

20. Tuesday, April 8 • Activities: • History of Banking Activity • Homework: • Work on your Current Events! We will be in the computer lab on Thursday and Friday! • Warm-up #6: If banks increase reserves, what will happen to the amount of money created in the banking system?

21. Wednesday, April 9 • Activities: • SSR • History of Central Banking in the U.S. video • Finish activity from yesterday. • Homework: • Work on your Current Events! MEET in the computer lab SE 151 on Thursday and Friday! • No warm-up. Get out your book for SSR!

22. Thurs, Apr. 10 – Fri, Apr. 11 • SE 151 (computer lab) to work on Current Events. • No warm-up.

23. Monday, April 14 • Activities: • Federal Reserve interactive lecture • Homework: • Money, Banking and Fed test next Tuesday! • CURRENT EVENTS DUE MAY 7! • Warm-up #7: If the Federal Reserve increases the reserve ratio, what happens to the amount of money created in the banking system?

24. Tuesday, April 15 • Activities: • Finish Fed lecture. • Practice • Homework: • Money, Banking and Fed test next Tuesday! • Warm-up #8: Draw a money market graph showing what would happen to the money supply if the Fed buys bonds.

25. Wednesday, April 16 • Activities: • SSR • Review fiscal policy. • Policies chart • Homework: • Policies quiz on Friday! • Money, Banking and Fed test Tuesday! • Warm-up #9: If the economy is in a recession, how would the Fed use monetary policy?

26. Fiscal Policy • Expansionary Fiscal Policy: • Used to increase spending during a recession • Increase government spending (creates jobs) • Decrease in taxes (increases consumer and business spending) • Contractionary Fiscal Policy: • Used to decrease spending if the economy is growing too quickly and/or experiencing inflation • Decrease government spending • Increase in taxes

27. Thursday, April 17 • Activities: • Go over policies chart. • Policies review • Homework: • Policies quiz TOMORROW! • Money, Banking and Fed test Tuesday! • Warm-up #10: If the economy is experiencing inflation, how would the government use fiscal policy?

28. Friday, April 18 • Activities: • Policies quiz • Review • Homework: • Money, Banking and Fed test Tuesday! • Warm-up #11: Draw a correctly-labeled graph of the money market showing what happens when the Fed sells bonds.

29. Monday, April 21 • Activities: • Finish review – KEEP IT TO STUDY FOR YOUR TEST! • International Trade Assignment • Homework: • TEST TOMORROW! • International Trade Assignment due on Wednesday! • Warm-up #12 (turn in today): If the Fed buys bonds, what will happen to the money supply?

30. Tuesday, April 22 • Activities: • TEST! • Work on international trade assignment. • Homework: • International trade assignment due tomorrow at the beginning of the period! • No warm-up!

31. Wednesday, April 23 • Activities: • Turn in international trade assignment. • Milton Friedman video and questions • Homework: • Current Events due TWO WEEKS from today! Finish them early and turn them in!!! • SSR moved to Friday. • If you are missing a quiz and/or test, you will take it in class tomorrow. • Warm-up #1 (start a new sheet for Unit 5): The U.S. receives goods from Canada. Is this an export or an import for the U.S.?

32. Thursday, April 24 • Activities: • Reassessment info • Milton Friedman video and questions • Homework: • CURRENT EVENTS DUE MAY 7! • Warm-up #2: When the U.S. imports a good, where does the payment for that good go?

33. Unit Four Reassessment (Regulars) • Remember: • You must have all notes and formative work completed and in your binder. See the overview sheet for specific information. • You must complete the re-teach. If you need help, come to tutorials. • You must attend a reassessment. You cannot be late! • Reassessment tutorial times (AM starts at 7:30 and PM starts at 3:40 – do NOT be late): • Monday, April 28 – AM and PM • Tuesday, April 29 – AM and PM

34. Friday, April 25 • Activities: • Trade Basics interactive lecture • SSR • Homework: • CURRENT EVENTS DUE MAY 7!!! • No warm-up!

35. Monday, April 28 • Activities: • Foreign Exchange interactive lecture • Value of trade questions • Homework: • CURRENT EVENTS DUE NEXT WEDNESDAY! • Warm-up #3: Nations X and Y have the same amount of resources. Nation X can produce 10 bananas, and Nation Y can produce 15 bananas. Who has the absolute advantage in bananas?

36. Tuesday, April 29 • Activities: • Trade balance and trade barriers interactive lecture • International Institutions Activity • Homework: • CURRENT EVENTS DUE NEXT WEDNESDAY! • Warm-up #4: The U.S. dollar appreciates compared to the Canadian dollar. What does that mean for a Canadian traveling to the U.S.?

37. Wednesday, April 30 • Activities: • SSR • International institutions activity • Homework: • CURRENT EVENTS DUE ONE WEEK FROM TODAY! • Warm-up #5: The U.S. government limits how many pounds of grapes enter the U.S. What type of trade barrier is this?

38. Thursday, May 1 • Activities: • 3rd period – community survey • NAFTA and EU readings and questions • Homework: • CURRENT EVENTS DUE ON WEDNESDAY! • Warm-up #6: It takes more euros to buy a U.S. dollar. Which currency appreciated?

39. Friday, May 2 (substitute) • Activities: • Video: Joined at the Hip • Homework: • CURRENT EVENTS DUE ON WEDNESDAY!

40. Monday, May 5 (sub) • Activities: • Chapter 18 questions • Homework: • CURRENT EVENTS DUE ON WEDNESDAY!

41. Tuesday, May 6 • Activities: • Case study – due at the end of the period! • Finish Chapter 18 questions. • Homework: • CURRENT EVENTS DUE TOMORROW! THEY MUST BE COMPLETE WHEN YOU ARRIVE! • No warm-up!

42. Wednesday, May 7 • Activities: • I will call you up to turn in Current Events. DO NOT PUT THEM ON MY DESK. • SSR • Catch-up day • Any makeup work • Chapter 18 questions • Case study • Homework: • Open-note quiz on Friday! • TEST NEXT TUESDAY! • No warm-up!

43. Thursday, May 8 • Activities: • Trends in Trade interactive lecture • Test review • Homework: • Open-note quiz tomorrow! Today’s notes will NOT be on the quiz. • TEST ON TUESDAY! • Warm-up #7: Nation X gives up 5 apples for each banana produced. Nation Y gives up 10 apples for each banana produced. Which nation has the comparative advantage in bananas?

44. Friday, May 9 • Activities: • Open-note quiz • Test review • Homework: • TEST ON TUESDAY! • Warm-up #8: Describe one argument that supports protectionism.

45. Monday, May 12 • Activities: • Current Events reassessment info • Video • Homework: • TEST TOMORROW! • Any late Current Events not turned in by 3:45pm will need to be completed during tutorials! • Warm-up #9 (turn in today): Which nation is the largest trading partner of the U.S.?

46. Current Events Reassessment • You must find two NEW articles on your own. • Bring the two NEW articles and your old graded Current Events with you to tutorials. • You will complete a new, handwritten Current Events project during tutorial times. • You will attend tutorials as many times as needed to complete the project. • You have until 4:00pm on Wednesday, May 21 to complete the reassessment. • Tutorials (am starts at 7:40; pm ends at 4:00): Today – PM Tomorrow – AM & PM Wednesday – AM & PM Monday through Wednesday (the 19th through the 21st) – AM & PM

47. Tuesday, May 13 • Activities: • TEST – you need a sheet of paper and something to write with. • Homework: • None! • No warm-up!

48. Wednesday, May 14 • Activities: • SSR (test and quiz for absent people) • Personal finance vocabulary • Homework: • Turn in economics textbooks on May 30 – NOT any earlier! • Warm-up #1 (start a new sheet for Unit 6): What is the purpose of a budget?

49. Thursday, May 15 • Activities: • Reassessment information • Personal finance literacy quiz • Personal finance interactive lecture • Finish vocabulary. • Homework: • Reassessment on Wednesday! • Turn in economics textbooks on May 30 – NOT any earlier! • Warm-up #2: What happens to borrowing/taking out loans when interest rates are high?

50. Unit Five Reassessment (Regulars) • Remember: • You must have all notes and formative work completed and in your binder. See the overview sheet for specific information. • You must complete the re-teach. If you need help, come to tutorials. • You must do the reassessment. You cannot be late! • Reassessment will be in class on Wednesday, May 21!