President's Problem Day 4

Bellwork: What is one question that you want/need to answer in order to give the President an economic policy?

Objectives: Students will:

• Recognize that society has scarce resources to allocate among its members
• Recognize tradeoffs that result from government decision making
• Identify and understand key economic indicators
• Understand the economic effects of various monetary and fiscal policies
• Make informed decisions regarding the consequences of inflation and unemployment
• Interpret media reports about current economic conditions and explain how these conditions can influence decisions made by consumers, producers and government policy makers
• Describe the economic effects of changing levels of government spending, interest rates, taxes and/or the discount rate
• Demonstrate an understanding of unit concepts

Activity: President's Problem Project.

Homework: See Master Schedule for more details on homework

 

Absent? work on the project