Lesson Pacing Guide
Plan For The Week of: October 31, 2016
Name:
Jenn Sporer
Topic:
Period 4: Honors/Dual Enrollment Economics
Essential Questions:
*Explain why the Law of Demand can only work in a Free Market Economy?
* How does Ceteris Paribus affect a Demand Curve and/or a shift in the Demand Curve?
*What changes can take place in the long term to affect Demand?
*Describe the relationship between elastic, inelastic, luxuries and necessities with regard to demand.
Goals:
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Daily Bell Ringer (Brain Buster) to get kids thinking outside of the box (advanced problem solving)
Daily Current Events Discussion based off of the BBC One Minute World News & Business Reports, Daily News
headlines on Fox News, CNN, ABC, NBC, etc. and a look at “This Day in History” on the History Channel
Update on the 2016 US Presidential Election campaigns, debates, voter registrations, speeches, rallies, etc.
Go over the Chapter 3 Test – Corrections will be due on Wednesday
Collection of Weekly Current Events assignment & Presentations from Table 2 (Friday)
Collaborative 10 question table quiz on Current Events (Friday)
Assessment Prompts:
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Brain Busters 38-42 (Bell Ringers)
Analytical questions based on discussion of notes, text, Current Events, etc.
Chapter 4 Notes, Guided Reading & Review packet (due Thursday) and Reading Essentials packet
Current Event #9 due on Friday
Collaborative Current Events Table Quiz #9 of this week (Friday)
Key Vocabulary:
demand, Law of Demand, substitution effect, income effect, demand schedule, market demand schedule, demand
curve, ceteris paribus, normal good, inferior good complements, substitutes, elasticity of demand, inelastic, elastic,
unitary elastic, total revenue
Teaching Strategies:
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Review this week’s expectations
Offer new information
Facilitate class discussion
Reflective summary
Materials:
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BBC One-Minute World News & Business Reports (http://www.bbc.com/news/10462520)
“Economics: Principles in Action” 2007 Edition textbook ($71) & online access to this textbook at
www.pearsonsuccessnet.com.
Various video clips pertaining to content within Chapter 4: Demand (See website)
Collaborative 10 Question Quiz (#9) on Current Events of this week
Current Event #9: COLLINS TYPE III - FCA's: 4-5 sentence summary (3 pts.), 4-5 sentence reflection (3 pts.),
Perfect spelling & grammar (2 pts.) & Perfect APA bibliography (2 pts.)
Standards:
6.2.12.D. Predict how changes in supply and demand affect equilibrium price and quantity sold.
6.2.12.F. Evaluate the impact of private economic institutions on the individual, the national and the international
economy.
6.2.12.G. Evaluate various economic systems.
6.3.12.B. Assess the government's role in regulating and stabilizing the state and national economy.
6.3.12.D. Evaluate the role that governments play in international trade.