Economics
Emergency Education Learning Resources (EELR's)
For student use from 3/13 - 4/10
From March 13-April 10, teachers are not permitted to post or teach any content that has not already been taught in class. This is a district-wide mandate and is in place due to equity issues. That being said, at least 1x per week, I will post Emergency Education Learning Resources (EELR's) that are relevant to Economics curriculum we covered from late January to early March (Chapters 1, 2, & 7). You can find the Economics enrichment activities below. Please reach out if you have any questions or comments! Online/virtual leaching & learning of 'Essential Learning' will begin April 20; see Essential Learning tab for more information.
Use of Microsoft Teams
These EELR's can be found & utilized on our newly activated Microsoft Team! If you haven't yet checked out our Team, you can do so by clicking here. Microsoft Teams can be accessed on your computer via web browser or the app, or on your phone via the app. Note: you must log into Microsoft Teams using your ISD email address.
Economics 5-Week Plan (in reverse chronological order)
Week of 4/6-4/12:
Week of 3/23-3/29:
Use of Microsoft Teams
These EELR's can be found & utilized on our newly activated Microsoft Team! If you haven't yet checked out our Team, you can do so by clicking here. Microsoft Teams can be accessed on your computer via web browser or the app, or on your phone via the app. Note: you must log into Microsoft Teams using your ISD email address.
Economics 5-Week Plan (in reverse chronological order)
Week of 4/6-4/12:
- Video: Watch this quick 4-minute video about the value of money! The value of money is determined by how much (or how little) of it is in circulation. But who makes that decision, and how does their choice affect the economy at large? Doug Levinson takes a trip into the United States Federal Reserve, examining how the people who work there aim to balance the value of the dollar to prevent inflation or deflation. Follow-up question: What's something you really want to learn about the Federal Reserve/money supply/currency/banking/etc this Semester? You can watch this video under the Videos channel of our Team, and respond to the follow-up question by clicking the little 'Reply' button on the post and sharing your ideas!
- Activity: Think back to Chapter 7: Demand and Supply. Recall: we can look at how the quantity demanded for a good is affected by the sales price, and the demand for a good is affected by the Determinants of Demand. Same for supply... the quantity supplied of a good is affected by the sales price, and the supply for a good is affected by the Determinants of Supply. Change in quantity demanded (or supplied) is shown by movement along the demand (or supply) curve. Change in demand (or supply) is shown by a shift of the entire demand (or supply) curve. That being said, let's use our knowledge about demand & supply and apply it to our current economic situation! You can find the Assignment with guiding questions on our Microsoft Team.
Week of 3/23-3/29:
- Video: Ok, technically we haven't gotten to the business cycles (this is where we learn about the ups & downs of the economy), but I'm certain you all know what a "recession" is (or have at least heard of the term before). This video is so relevant with the coronavirus outbreak affecting the United States and the global economy. Check it out! It's worth 5 minutes of your day. You can watch this video under the Videos channel of our Team, and respond to it by clicking the little 'Reply' button on the post and sharing your ideas!