ECONOMICS: January 22 Learning Target: In order to understand the concept of economic growth, I will be able to identify the determinants of economic.

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ECONOMICS: January 22 Learning Target: In order to understand the concept of economic growth, I will be able to identify the determinants of economic growth. I will know I have it when I can accurately solve all scenarios depicting economic growth on the production possibilities diagram. Ch. 1, Lesson 3 (Day 1)—Using Economic Models (HO) --define economic growth and reasons for it (see p. 21) --upper right hand corner: place a point “B” in the correct place -watch using phones (pair up and share if needed) (www.youtube.com/watch?v=FwPiWz1a1Tw) -Note: video says “2” PPC shifters—Brown considers it to be 3 PPC shifters: quantity of resources, quality of resources, & technology --PPC practice scenarios (okay to work with partner) --more on resource quality: Does Education Pay? -analyze and comment on the 4 C’s: the Connections, the Challenges, the Concepts, and the Changes Closure: after answering the question, shift the curve inward toward the origin and explain what might cause that to happen Turn in: today’s paper Assignment: read Ch. 2, Lesson 1