Details
Pages
30 Pages
Subject
Economics
Languages
English
Product
Digital
Grade
10th, 11th, 12th
Resource Type
Activities, Assignments, Lectures
Standard
Not standard specific
Description
Description
Economics Foundations Guide
This unit is meant to introduce students to basic foundational concepts of Economics.
It acts as the groundwork to understand what Economics is and how economics can be seen in society. The unit begins with discussing scarcity, opportunity cost, and decision-making.
This leads to a look at how economic systems are set up and the decisions they require. Students learn about the basic economic questions and the three primary systems that are created.
This includes lessons on historical economic thinkers (Marx and Smith) and an introduction to Free Enterprise and its values (US economic values).
Economics Foundations Guide
1. OPPORTUNITY COST AND DECISION MAKING
ACTIVITY: OPINION PIECE RESPONSE
2. FACTORS OF PRODUCTION
3. ECONOMIC SYSTEMS - COMPARING ECONOMIES
FORMATIVE ASSESSMENT: CELL VISUAL
FORMATIVE ASSESSMENT: COMPARING ECONOMIES - ECONOMIC SYSTEMS
4. ECONOMIC THINKERS - MARX VS SMITH
ACTIVITY: HEALTH CARE SYSTEM
5. FREE ENTERPRISE VALUES
ACTIVITY/ASSESSMENT: FREE ENTERPRISE VALUES ARTICLE ANALYSIS
OPTIONAL: VIDEO ACTIVITY - HEALTHCARE AMERICA VS THE WORLD (PBS NEWS HOUR)
Unit Exam Included
Economics Foundations Guide
This unit is meant to introduce students to basic foundational concepts of Economics.
It acts as the groundwork to understand what Economics is and how economics can be seen in society. The unit begins with discussing scarcity, opportunity cost, and decision-making.
This leads to a look at how economic systems are set up and the decisions they require. Students learn about the basic economic questions and the three primary systems that are created.
This includes lessons on historical economic thinkers (Marx and Smith) and an introduction to Free Enterprise and its values (US economic values).
Economics Foundations Guide
1. OPPORTUNITY COST AND DECISION MAKING
ACTIVITY: OPINION PIECE RESPONSE
2. FACTORS OF PRODUCTION
3. ECONOMIC SYSTEMS - COMPARING ECONOMIES
FORMATIVE ASSESSMENT: CELL VISUAL
FORMATIVE ASSESSMENT: COMPARING ECONOMIES - ECONOMIC SYSTEMS
4. ECONOMIC THINKERS - MARX VS SMITH
ACTIVITY: HEALTH CARE SYSTEM
5. FREE ENTERPRISE VALUES
ACTIVITY/ASSESSMENT: FREE ENTERPRISE VALUES ARTICLE ANALYSIS
OPTIONAL: VIDEO ACTIVITY - HEALTHCARE AMERICA VS THE WORLD (PBS NEWS HOUR)
Unit Exam Included
Description Economics Foundations Guide This unit is meant to introduce students to basic foundational concepts of Economics. It acts as the groundwork to understand what Economics is and how economics can be seen in society. The unit begins with discussing... more
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