TODAY: Roses and Thorns,, Jeffery Tucker, (3rd Period)Teacher Text, Quick write,Continue, Labor Markets



Should a MAXIMUM wage be established? Explain your answer.

TODAY: Roses and Thorns,  Teacher Text, Continue Market Institutions, Quick write, Start Ch. 9 Labor Markets

Quick Write: Should the United States get rid of the Limited Liability Company legal status? Why?

TODAY: Roses and Thorns, Quick write, Continue Begin Market Institutions.

 Quick Write: How would corporate (and investor) decision making change if there was no "Limited liability?"

 Homework: Due next class period. Define and give an example of all the "Key Terms in chapter 9, pages 251,262, and 269. Answer questions 28, 29, 30, and 31 on pages 280 and 281.

TODAY:  Roses and Thorns, Quick write, iPencil, Begin Market Institutions.

Quick Write: What comes first, Supply or demand? Explain your answer.

TODAY:  Roses and Thorns, Vocab Poster Presentation, Test, Homework.


Homework: Due at the start of next class period.
     1. Define terms on page 247 Chapter 8 of Contemporary Economics.
     2. iPencil: Watch the video below. a. Summarize the importance of this video. Why does the author say "This is the key to understanding the world.""

TODAY:  Roses and Thorns, Test Prep

(Per 8 Seminar: Minimum Wage Laws)

DO NOW: be seated quietly 

- cell phone away or it goes to the office
- get out your notebook

VOCABULARY POSTER.

1. Decide who will fill the following roles in completing this project.

        a. Artist (Symbols)

        b. Lead Researcher (look to glossary, NB and other resources)

        c. Recorder (Writes on poster)

        d. Presenter (Presents and explains poster to class.)

2. Divide all the vocabulary for "Unit 2: The Market Economy" into 5 Categories.

       a. Each category must have a title.

       b. Each word can only be in one category.

       c. Each category must have a representative symbol.

3. You must make connections between three pairs of words that are from different categories. 

Draw a line from one word to another and write a brief description of the connection on the line

TODAY:  Roses and Thorns, Seating Chart, Quick Write, Seminar: Minimum Wage Laws, Quick Write 2: Cartoon Analysis. 
(Period 8: Finish Price Manipulation)

DO NOW: be seated quietly 

- cell phone away or it goes to the office
- get out your notebook

Quick Write: Should the minimum wage be raised, kept the same, or abolished?


Quick Write 2a: Write a caption for this cartoon.

Quick write 2b: Describe what the author is trying to say about the minimum wage in this cartoon. Do you agree?

Make-up Seminars, Portland Entrepreneur, and Jeff's Story & homework

Portland Entrepreneur Jeff's Story
Homework - Write a comment to this post responding to "Jeff" about his story. This comment should reflect what you have learned about the minimum wage. Due Friday, October 18th.

TODAY:  Roses and Thorns, Quick Write, Trade Game, "Market Exchange and Price Manipulation"

DO NOW: be seated quietly 

- cell phone away or it goes to the office
- get out your notebook

Quick Write: Briefly describe some ways that wealth can be created.

Homework: Read "Minimum Wage Laws", answer questions, and be ready for a seminar. 

(Due) 3rd Per, Thursday 10/17 

(Due) 5th, 7th, and 8th Friday 10/18

TODAY:  Roses and Thorns, Quick Write, Check Ch. 6 Homework, Finish "Supply", Begin Market Forces

DO NOW: be seated quietly 

- cell phone away or it goes to the office
- get out your notebook

Quick Write:

Turn to page 163 in "Contemporary Economics". Summarize (in a couple sentences) the sections on "Adam Smith's Invisible Hand" and "Market Exchange Is Voluntary". Add these to your vocab list.

TODAY:  Roses and Thorns,  Quick Write, Last Qiuz"Supply" Continued.

DO NOW: be seated quietly 

- cell phone away or it goes to the office
- get out your notebook

Quick Write:

Brainstorm a list of things that you think determine the price of a good or service.

Homework:  Chapter 6 (Due Wednesday,10/9 for 3rd period /     Thursday, 10/10 for 5th, 7th, and 8th) 

Define and describe an example of the following terms:                 Market Equilibrium, Surplus, Shortage, Transaction Cost,Disequilibrium, Price Floor, Price Ceiling, Consumer Surplus,Adam Smith's "Invisible Hand", Market Exchange           

Page 165: Complete all 6 questions

Page 182: Complete all 7 questions

TODAY:  Roses and Thorns, Pop Quiz. 

Quick Write, Serialized Questioning, The Last Word, Reflection, Grade Print-outs, More "Supply" if time

DO NOW: be seated quietly 

- cell phone away or it goes to the office
- get out your notebook

TODAY:  Roses and Thorns, Quick Activity,Change in Demand, Begin Supply, Homework.

DO NOW: be seated quietly 

- cell phone away or it goes to the office
- get out your notebook

•Turn to page 127 in the book and open your notebook to your chapter 4 homework. Work as a group to insure everyone at your table accurately completed #35. .

•In your group discuss what might make a good or service more inelastic. Examples Please. Be ready to share out.

Read "The Second Treatise of Government"

1. Highlight and take notes on the document focusing on the     question "What does it mean to own property?"

2. Be ready for seminar at the beginning of next class.

Mr. LaGreide & Mr. Lamson, Welcome!

TODAY:  Roses and Thorns, Quick Write,Revisit "Compute Elasticity of Demand", ?Demand Group Work? Homework.

DO NOW: be seated quietly 

- cell phone away or it goes to the office
- get out your notebook

How would elasticity of demand apply in the market for cigarettes or any other addictive good? Explain.

HOMEWORK Ch 5 1.Define and give an example of the Key Terms on pages 129, 138, and 145. 2.On pages 158 and 159 complete #29, #30, and #31

Mr. LaGreide & Mr. Lamson, Welcome!

TODAY:  Quick Write, Check Homework, Hand Back Quiz, DEMAND presentation

DO NOW: be seated quietly 

- cell phone away or it goes to the office
- get out your notebook, 

Quick Write: Turn to page 13 in "Contemporary Economics". Read the section "Normative Versus Positive Statements"

1. Summarize this comparison in one or two sentences.

2. Answer the following question:

    Is the broken window fallacy normative or positive in nature?     Explain.

Mr. LaGreide & Mr. Lamson, Welcome!

TODAY:  Quick Write, Check Homework, Intro to seminar reflection, Socratic Seminar, Homework "Demand"

Intro To "Broken Window"

DO NOW: be seated quietly 

- cell phone away or it goes to the office
- get out your notebook, 

Quick Write: 

      -Does war always mean the destruction of Wealth

Homework: Due at beginning of period

           Per. 3 Due Thurs. 9/26

           Pers. 5th, 7th, and 8th  Due Fri 9/27

Read Chapter 4 "Demand"

1. Define and give an example of the vocabulary words for        all three sections (Pages 99, 107, and 116)

2.Complete the directions for the "Applying Economic              Principles" items 34, 35, and 36 on page 127.

Mr. LaGreide & Mr. Lamson, Welcome!

TODAY:  Quick Write, Check Homework, Intro to seminar reflection, Socratic Seminar, Homework "Demand"

Intro To "Broken Window"

DO NOW: be seated quietly 

- cell phone away or it goes to the office
- get out your notebook, 

Quick Write: 

      -Does war always mean the destruction of Wealth

Homework: Due at beginning of period

           Per. 3 Due Thurs. 9/26

           Pers. 5th, 7th, and 8th  Due Fri 9/27

Read Chapter 4 "Demand"

1. Define and give an example of the key terms for        all three sections (Pages 99, 107, and 116)

2.Complete the directions for the "Applying Economic              Principles" items 34, 35, and 36 on page 127.

Mr. LaGreide & Mr. Lamson, Welcome!

TODAY:  Quick Write, Check Homework, Debrief "Lesson One", Serialized Questioning

Intro To "Broken Window"

DO NOW: be seated quietly 

- cell phone away or it goes to the office
- get out your notebook, 

Quick Write:

Do you agree or disagree with Hazlitt's ideas about about what makes a good economist? Explain. Use a specific example of a mistake a bad economist might make.

Homework Due at the beginning of the next class period.
 Read Ch. 2 and 3 of Economics In One Lesson and answer study questions and highlight what you find interesting. Be ready to contribute to small group discussion about "The Blessings of Destruction"and be able to sight evidence in the text.

TODAY: Present Posters, Quick Write, 1st open-note assessment, Economics In One Lesson Chapter One

DO NOW: be seated quietly 

- cell phone away or it goes to the office
- get out your notebook, 

Quick Write

Answer the following questions after watching this short video.

Which economic system is this video advocating?

What are the main arguments?

Write a personal response.

When you are done with your quiz..... finish the below as  homework if needed. Due Monday, Sept 22nd.

Write the answers the the "Economics in One Lesson" study guide in your notebook.

Highlight words that you do not know and write the definitions in your notebook.

TODAY:  Quick Write, 1st open-note assessment, Economics In One Lesson Chapter One

DO NOW: be seated quietly 

- cell phone away or it goes to the office
- get out your notebook, 

Quick Write

Answer the following questions after watching this short video.

Which economic system is this video advocating?

What are the main arguments?

Write a personal response.

When you are done with your quiz..... finish as homework if needed. Due Monday, Sept 22nd.
Write the answers the the "Economics in One Lesson" study guide in your notebook.
Highlight words that you do not know and write the definitions in your notebook.

TODAY:  Quick Write, Economic Systems mini project / poster

and presentation, 

UNIT ONE assessment Friday - Study your vocabulary
DO NOW: be seated quietly 

- cell phone away or it goes to the office
- get out your notebook, 

Quick Write

Technological innovation comes with unintended consequences.  Some people and some businesses win and some lose.  Write down three unintended consequences of the internet.

TODAY:  Quick Write, Begin Economic Systems mini project

DO NOW: be seated quietly 

- cell phone away or it goes to the office
- get out your notebook, 

Quick Write

Technological innovation can come - some would say always comes - with unintended consequences.  Some people and some businesses win and some lose.  Write down three unintended consequences of the internet.

TODAY:  Quick Write, Begin Economic Systems mini project

DO NOW: be seated quietly 

- cell phone away or it goes to the office
- get out your notebook, 

Quick Write

Is trade always good between countries?

Return to the Island of Mocha

TODAY:   Return to the Island of Mocha

DO NOW: be seated quietly 

- cell phone away or it goes to the office
- get out you notebook, 

After the first short video be prepared to share your answer the following questions:

What was the effect of war on the economy of Mocha?

How should the Mochans solve the problem of the price of wood?

Why would this video have been created by an oil company?

ISLAND OF MOCHA

TODAY:  Quick Write, Island of Mocha

DO NOW: be seated quietly 

- cell phone away or it goes to the office
- get out you notebook, 

Answer the following question:

(Review the terms we have explored in class) 
Does someone stranded on a desert island alone have to make economic decisions using these ideas? Explain.




Today we will be exploring more basic economics ideas using a series connected of animated videos. If you are absent please view the "Island of Mocha" videos and take notes using the "Island of Mocha Vocab and Questions"

TODAY:  Quick Write in two parts, Syllabus; including text info and Google Folder stuff

DO NOW:  be seated quietly 

- cell phone away or it goes to the office
- get out you notebook, 

- Fill in the blank and finish this statement 

Review the terms you defined in your notebook last week. 
You will listen to a poem. Describe which term, or terms this poem is about.






I spent my weekend _________________ . The opportunity-cost (what else I could have done) was______________.

Describe your cost-benefit analysis. (Why you made the choice you did.)

September 12th/13th

TODAY:  Quick Write, Intro presentation (If you were absent look to the  "1st Econ Presentation" to the right. and zoo exercise, Comparing terms (if time)

DO NOW:  be seated quietly 

- cell phone away or it goes to the office
- get out a piece of paper, write your name and today’s date at the top, 

- finish this statement (about 75-100 words please)

     Compare and contrast the two definitions of economics given below. (5 minutes) How are they the same, how might they be different.

Economics is the study of mankind in the ordinary business of life.

Economics examines how people use their scarce resources to satisfy their unlimited wants.

CLASSROOM GUIDELINES AND EXPECTATIONS:

S.L.A.N.T. – Sit up, Listen, Ask and answer questions, Nod yes or no, Track the speaker.

• Do assignments and homework; come to class ready to participate. 
• No cussing, no put-downs of other students or the teacher. 
• Hands to yourself, feet under your desk. 
• Pick up after yourselves before the class leaves. 
• Hand raising for recognition, no calling out, unless the teacher directs differently. 
• No cell phones out, no headphones, gaming, tablets or laptops unless directed to use them for class activity; if they’re out they will be confiscated.
• No students leaving their seats or leaving the classroom without requesting permission. 
• Use the restroom on your break, in between classes, or on your lunch. 
• No pencil sharpening during class-time; sharpened pencils are kept on the teacher’s desk; raise your hand if you need one, return it when class is over.

Mr. LaGreide & Mr. Lamson – Welcome!
TODAY:  goals, expectations, group work, homework

DO NOW:  be seated quietly 

- cell phone away or it goes to the office
- get out a piece of paper, write your name and today’s date at the top, 

- finish this statement (about 75-100 words please)

     "This semester in economics I want to learn..."  (5 minutes)

First Homework Assignment In Economics

Go to http://brokenwindow13.blogspot.com/

There are two parts to this assignment.
1. Write a comment to this post that answers the question below in a meaningful way.

2. comment on somebody else's comment. DUE Friday, September 6th.

Why are economists always talking about money and wealth?