Lesson on Wednesday, March 21, 2018

Aim: Why is corporate structure so important to economic growth?  

Bell Ringer: Review Journal 18 

Objectives: 

1. Students will compare different forms of business organizations. 

Agenda: 

1. 1. Bell Ringer (10 min)  

2. 2. Complete Concept Map and Business Organization note-taking guide presentations. (rest of class)  

3. 3. Have students complete the note-taking guide as each group presents their designated topic. 

Home Learning: Study for Chapter 3 exam (April 2, 2018) / "Building Wealth" pages 4-9 

Short Answer Response Questions on April 2nd Chapter 3 Exam:

1. What are the possible benefits and drawbacks of multinationals to their host countries?

2. What is the difference between a general partnership and a limited partnership?

3-5. Use the terms charter, stock, stockholder (or shareholder) and dividend to describe the functions of a corporation. 2 points per term (used correctly) (4 in total)

Note: there's an extra term, so you can choose to use any three of the four.

Lesson on Tuesday, March 21, 2018

Aim: Why is corporate structure so important to economic growth?

Bell Ringer: https://www.youtube.com/watch?v=svEG3kwmuRg

And https://www.youtube.com/watch?v=OGg9K1wymWk

and

https://www.youtube.com/watch?v=hBw2fx4WYS4


Objectives:
1. Students will compare different forms of business organizations.

Agenda:

1. Bell Ringer (10 min)
2. Grade and review HW (5 min)
3. Journal 17 – What is a Conglomerate and Multinational cooperation?
4. Complete Concept Map and Business Organization note-taking guide presentations. (rest of class)
5. Have students complete the note-taking guide as each group presents their designated topic.

Home Learning: Journal 18 – Describe the difference between Horizontal and Vertical Integration. "Building Wealth" page 7

Lesson on Wednesday, March 14, 2018

Aim: Why is corporate structure so important to economic growth?

Bell Ringer: Journal 15 – What does a budget allow you to do and how can you develop a budget?

Objectives:
1. Students will compare different forms of business organizations.

Agenda:
1. Bell Ringer (10 min)
2. Analyze Figures 3.1, 3.2, and 3.3 (5 min)
3. Have students work on a concept map about their assigned section of the What is Economics? note-taking guide. (rest of class)

Home Learning: Complete your designated section of the note-taking guide. Journal 16 – Section 1 Review #3. Draw the diagram and complete it.

Lesson on Tuesday, March 13, 2018

Aim: Why is corporate structure so important to economic growth?

Bell Ringer: Building Wealth pop quiz:

1. What are assets?
2. What are liabilities?
3. What is net worth?
4. Form an equation to calculate your net worth.

Objectives:
1. Students will compare different forms of business organizations.


Agenda:
1. Bell Ringer (10 min)
2. Have students complete the note-taking guide (Economic Systems) using their textbook (McGraw-Hill Economics Principles and Practices pp. 60-83), online resources, or class notes as appropriate. Teachers may want to guide students through completing the notes, have students work in small groups, or independently. (rest of class)

Home Learning: Building Worth pages 4-5

Lesson on Monday, March 12, 2018

Aim: Why is corporate structure so important to economic growth?  

Bell Ringer: Building Wealth Page 1 

Objectives: 

1. 1. Students will compare different forms of business organizations. 

Agenda:  

1. Bell Ringer (10 min)  

2. Review Economic Systems Exam (10 min)  

3. Introduce Chapter 3 (10 min)  

4. YouTube video: https://www.youtube.com/watch?v=aKkcggE7SRw  and https://www.youtube.com/watch?v=V0Noy8j9ft8  (10 min)  

5. Journal 14 – Using a T-Chart, list the advantages and disadvantages of sole proprietorship while watching the 2nd video. 

Home Learning: "Building Wealth" page 2-3 Review: https://www.youtube.com/watch?v=7aYipxNeJCE

Chapter 2 Quiz/Test Study Guide

• Know all economic systems: market, command, traditional, mixed.
• How are prices of goods and services determined in a Command Economy?
• Who is primarily responsible for making economic decisions in a market economy?
• What type of economy does the United States have?
• Voluntary exchange
• Specialization
• Economic Interdependence
• Examples of economic and social goals

S/A Questions

• Identify the five major disadvantages of a Command Economy
• Explain who makes economic decisions in a Market Economy
• Describe the advantages and disadvantages of a Mixed Economy 
• What distinguishes socialism from communism? 
• Describe two economic and social goals and how each relate to you

TEST DATES:

Period 1: Thursday, March 8

Period 5: Friday, March 9

Lesson on Wednesday, March 7, 2018

Aim: Are the roles of the entrepreneur, the consumer, and the government in the free enterprise system equally important, or is one more important than the other?  

Bell Ringer: Review Journal 10 

Objectives: 

1. Students will compare how the various economic systems (traditional, market, command, mixed) answer the questions: (1) What to produce? (2) How to produce?; and (3) F7or whom to produce?  

2. Students will identify and explain broad economic goals.  

3. Students will differentiate and draw conclusions about historical economic thought theorized by economists. 

Agenda: 

1. Bell Ringer (10 min)  

2. Concept Map and Economic Systems note-taking guide presentations. (rest of class)  

4. Have students complete the note-taking guide as each group presents their designated topic. 

Home Learning: Journal 11 – Explain who makes economic decisions in a market economy.  

Journal 12 – Describe the advantages and disadvantages of a mixed economy. 

Lesson on Tuesday, March 6, 2018

Aim: Are the roles of the entrepreneur, the consumer, and the government in the free enterprise system equally important, or is one more important than the other?  

Bell Ringer: Journal 9 – Choose one of the economic and social goals named in this section. How might the ways in which this goal is met change over time? / Use section 2. 

Objectives 

1. Students will compare how the various economic systems (traditional, market, command, mixed) answer the questions: (1) What to produce? (2) How to produce?; and (3) For whom to produce?  

2. Students will identify and explain broad economic goals. 

3. Students will differentiate and draw conclusions about historical economic thought theorized by economists. 

Agenda: 

1. Bell Ringer (10 min)  

2. Concept Map and Economic Systems note-taking guide presentations. (rest of class)  

4. Have students complete the note-taking guide as each group presents their designated topic. 

Home Learning: Journal 10 – What distinguishes socialism from communism? (Use figure 2.2) 

Lesson on Monday, March 5, 2018

Aim: How might major economic and social goals in the United States change in your lifetime?  

Bell Ringer:  YouTube video: https://www.youtube.com/watch?v=G3PwnKEHoCg  (Economic & Social Goals) 

Objectives: 

1. SS.912.E.1.3: Compare how the various economic systems (traditional, market, command, mixed) answer the questions: (1) What to produce? (2) How to produce?; and (3) For whom to produce?  

2. SS.912.E.2.1: Identify and explain broad economic goals.  

3. SS.912.E.3.6: Differentiate and draw conclusions about historical economic thought theorized by economists. 

Agenda: 

1. 1. Bell Ringer (10 min)    

2.      2. Journal 8 – What major themes can you identify in the list of seven economic goals?  (10 min) 

3. 3. Have students work on a concept map about their assigned section of the What is Economics? note-taking guide. (rest of class) 

Home Learning: "On-the-Job Video Gaming" on page 47. Questions 1-2 on a loose leaf./ Complete note-taking guide and concept map.