Economic Way of Thinking and Capstone Mysteries

Slides:



Advertisements
Similar presentations
The Next Best Alternative. Incentives are factors that encourage or discourage various types of behaviors, actions or activities. Changes in incentives.
Advertisements

Six Key Economic Principles: The Handy Dandy Guide 1. People choose. 2. People’s choices involve costs. Key idea: Opportunity cost 3. People respond to.
The Economic Way of Thinking
Standards TCH 347 Social Studies in the Elementary School Department of Education Shippensburg University Han Liu, Ph. D.
Economics.
Capstone: Exemplary Lessons for High School Economics.
UNDERSTANDING ECONOMICS IN UNITED STATES HISTORY A WORKSHOP SPONSORED BY: PRESENTED BY BRETT BURKEY FLORIDA ATLANTIC UNIVERSITY CENTER FOR ECONOMIC EDUCATION.
Why are we a nation of couch potatoes?
Economic Theory 1.2 Objectives: 1.Explain the goal of economic theory 2.Understand the role of marginal analysis 3.Explain how market participants interact.
Voluntary National Content Standards For Economics Presented by Joe Lockerd.
Why Are We A Nation of Couch Potatoes?
Couch Potato Mystery Economics Ms Ross 01/27/06. True/False Clues Few Americans know that exercising more and eating less can help many people become.
Using Economic Reasoning to Solve Mysteries. Economics in Action Lesson 3 ConceptsTEKS Choices ( 4) Economics. The student understands the basic principles.
THE GUIDE TO ECONOMIC THINKING
What do you think this book is about? How does it relate to Economics? Answer on pg. 12.
Economics 101. Economics  Is a Science that examines how goods and services are produced, sold, and used.  It involves how people, governments and businesses.
Chapter 17 International Trade. Random Stuff You Need to Know  Microeconomics-the study of the economic behavior and decision making of small units,
WHY ARE ADULTS PAID BIG BUCKS TO PLAY GAMES?. Guide to Economic thinking 1. People choose. 2. People’s choices involve costs. 3. People respond to incentives.
Unit 2 Lesson 6 Why did Communism collapse?. Why did Communism collapse? Background Information A communist economic system is one in which the state.
 Everyone has them  Basic- food, clothing, shelter ◦ But not satisfied with just the basics  Endless  Differ depending on where you live and who you.
McGraw-Hill/Irwin Copyright  2008 by The McGraw-Hill Companies, Inc. All rights reserved. ECONOMICS AND ECONOMIC REASONING Chapter 1.
Do now: Text the to the number
Capstone Features.
Chapter 1: The Economic Way of Thinking Section 2: Economic Choice Today: Opportunity Cost (pg.12-17)
Teens 2 lesson one making decisions presentation slides 04/09.
Economic Theory Influence of Enlightenment Thinking
Different World Economies
How do my personal financial decisions impact my success? Unit One
A New You: Health for Every Body
Welcome to your Senior Year!!
Principles of economics
McGraw-Hill/Irwin Copyright © 2013 by The McGraw-Hill Companies, Inc. All rights reserved.
Health 6 Notes Mrs. Heinz.
5 Themes of Social Studies
The Seven Principles of Economics
Economic Decision Making
EOC Review Questions from 12.1/12.2
Economic Terms.
Economic Reasoning: Why Are We A Nation of Couch Potatoes?
Spring Semester MCS Economics.
Unit #2 Microeconomics Introduction Activity
© 2017 McGraw-Hill Education. All rights reserved
The Next Best Alternative
AGENDA Turn in your homework (signed syllabus and getting to know you sheet) Last day to do this for full credit! Today: intro to economics – scarcity,
The Economic Way of Thinking
August 28th, 2014 AP Microeconomics
Economics Themes.
Decision Making.
Chapter 1 The Economic Approach.
Bell ringer # 1 How many choices do you make in a day? estimate.
Section 3 Role of Prices.
Teaching Economics.
Standard SSEF1 d. Define opportunity cost as the next best alternative.
Warm-up What does self-interest mean to you? How does it play a role in Economics?
Introduction to Microeconomics
The Economic Way of Thinking
Economic Systems American Government.
What is Economics?.
ECONOMICS AND ECONOMIC REASONING
Why do we need to exercise?
Unit 1: Economic Themes.
Financial Literacy Stater 2019
Decision Making.
American Economic Goals
Economics Chapter 3 Section 1.
Welcome to Financial Literacy
How do my personal financial decisions impact my success? Unit One
How do my personal financial decisions impact my success? Unit One
What do I do? How do I choose?
Statement of intent Key Stage: 5 Subject: Economics
Presentation transcript:

Economic Way of Thinking and Capstone Mysteries

An Economic Myth Myth Reality Economics is all about the money Economics is all about how people make choices. Economics is a way of thinking and understanding

Perspectives of the Social Science History Time and order of events explain causation. Geography Location, region, and resources explain causation. Economics? Let’s explore the basic assumptions of economics

Why Would Teachers Attend a Workshop on a Subject Most Teachers Love to Hate? Teachers are very busy people. They have: Lessons to plan Classes to teach Papers to grade Parent to see Meetings to attend And much more

Solving Economic Mysteries People choose. People’s choices involve costs. People respond to incentives in predictable ways. People create economic systems that influence individual choices and incentives. People gain when they trade voluntarily. People’s decisions have consequences that lie in the future.

Capstone Mysteries Unit 1 Why do an increasing number of Americans, the same people who admire the slim and slender look so often featured in the media, exercise too little and eat too much?

True or False Clues Few Americans know that exercising more and eating less can help many people become healthier. T or F? Exercise and a healthy diet are free T or F? In jobs that involve physical work, exercise is like a fringe benefits. T or F? The Price of food has been increasing. T or F? Passive modes of entertainment—like television and video games—are popular with many Americans. T or F. Common jobs in the past—in mining, farming, and manufacturing—were much safer than today’s jobs in technology , law, and finance. T or F?

Solving the Mystery Americans are going extra weight not because they are lazy or because of a sudden increase in the desire to eat fatty foods. Today many Americans have accepted the new jobs created in a market system that involve less exercise. Americans have traded thinness and some of the health benefits that came with strenuous, dangerous work to live longer and healthier lives The cost of physical activity has gone up, prompting people to make new choices regarding exercise.

Capstone Mysteries Unit 2 Unit 3 Unit 4 Why did the Soviet Union collapse? Unit 3 Why is it that people in diverse occupations, occupations that contribute in very different ways to the social good, earn such different incomes? Unit 4 How can people acting in their own self-interest contribute to the social good?

Capstone Mysteries Unit 5 Unit 6 Unit 7 Why hasn't the Endangered Species Act protected more critters? Unit 6 How can the unemployment rate increase at the same time the more people are getting jobs? Unit 7 Since international trade is a relatively small part of the American economy, why is there all the fuss over going global?