Whoa! Days are due Monday, October 17th, meaning that we are nearly a quarter of the way through the school year. Thanks for continuing to give your all amid the accumulating work and stress. Here's what we worked on today:
- I can demonstrate an understanding of the basic principles of economics (KN 11).
- I can apply understanding of ideas and concepts to a new context or problem (CR 3).
- I can communicate and work effectively within a team or group (BLT 3).
- I can distinguish the major components of circular flow, and define producer, consumer, and factors of production.
- I can summarize and analyze a news article to demonstrate an understanding of the basic principles of economics.
- RAP: We opened 3rd period with a round of "speed dating" where we reviewed the major terms and concepts we've covered in class thus far, including: economics, production, consumption, the factors of production, circular flow, household, and firm. After "speed dating" with other students, we reviewed each term. Daily review like this will make sure we are not losing key understanding between classes, especially when we have long gaps such as Friday-Tuesday. In 5th and 7th period we finished our (disrupting) circular flow diagrams. While this is not assessed, this introduction to circular flow will be key to our understanding next week. Great work with the diagrams!
- Making Sense of Economics #2: I then returned students first Making Sense of Economics current events assignment and provided major feedback I uncovered while grading. In general students did a wonderful job of finding interesting articles and drawing connections between the articles and material learned in class. Students struggled, however, with summarizing the "economics" of their news articles. To address this, we reviewed another news article and I modeled how to construct a highly proficient summary. Students read through the news article, took notes, and began writing their own summaries. See my model notes here.
- Students ended class by finishing their summaries and beginning to think ahead about their upcoming Making Sense of Economics assignment.