February 26 to March 2 Chapter 4 Demand
Students will understand the Law of Demand and demand elasticity. Students will explain how demand helps societies determine Want, How, and For Whom to produce, Students will be able to name and explain the variables of demand and demand elasticity. Students will be able to apply the total expenditures test to determine product elasticity.
January 29 to February 5. Chapter 1 What is Economics?
Students will learn the concepts of Scarcity, the basic economic questions What, How, and for Whom to produce, and the factors of production, basic economic concepts, economic choices and decision-making.
NOTE I will be out of the classroom on Wednesday we will be watching a video over global economic issues.
January 4 to 27. 7 Habits of Highly Effective People.
Economics is the study of how people and organizations seek to meet their unlimited wants with the limited resources available to them. Too many people believe economics is about money it is not. To believe economic is about money is to believe that construction is about rocks! Rocks may be used in construction but they are only a tool and money is only a tool. The greatest resource we as humans have available to us is our own mental, physical, and emotional abilities and the relationships we build. The 7 habits will provide us with the tools to develop our abilities and cultivate those relationships.
Students will explore the fundamental principles of human effectiveness. These two weeks’ students will be expected to keep detailed notes over each of the 7 habits and engage is self-exploration of how they can work to take responsibility for their lives and build interdependent relationships.
The 7 Habits
Be Proactive, Begin with the end in mind, Put first things first, Think win win, Seek first to understand then to be understood, Synergize, Sharpen the Saw.
Students will be tested on the ability to draw and explain each part of the maturity continuum the three levels of dependence, private and public victories and each of the 7 habits.