Jan. 3-4

Economics
DAILY LESSON PLAN
DATE: January 3, 2013
 
LESSON
Chapter 1 Section 1
PREBELL
Things that I need to survive are---
Things that I want include----
TSW
a.      Explain how wants and needs are different.
b.     Determine why scarcity faces all people at all times.
c.      Examine the four factors of production.
TTW
Discuss the importance of economics and how individuals are affected by the changes in the economy.
INDEPENDENT ASSIGNMENT
Chapter 1 Section 1 Worksheet
ENRICHMENT
Section 1 Guided Reading Assessment
CLOSURE
.Preview tomorrow’s lesson on tradeoffs.

Economics
DAILY LESSON PLAN
DATE: January 4, 2013
 
LESSON
Chapter 1 Section 2   Trade Offs
PREBELL
What do you think the term “Life is a series of trade-offs” means?
TSW
a.      Discuss the ways that trade-offs and opportunity costs are related.
b.     Detail how society’s trade-offs can be shown on a production possibilities curve.
TTW
Have students list recreational or purchasing choices that they have made recently. Have them identify the opportunity cost for each of these.
INDEPENDENT ASSIGNMENT
Chapter 1 Section 2 Guided Reading and Review
ENRICHMENT
Chapter 1 Section 2 Assessment
CLOSURE
.Summarize the day’s lesson and preview Section 3 on what economists do.