How can you think like an economist? Who are you? Why are you here really? Where are you going? How are you going to get there?

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Presentation transcript:

How can you think like an economist? Who are you? Why are you here really? Where are you going? How are you going to get there?

Day 1: Table of Contents Page Pages 1-about 12 of student handouts begun Special Vocabulary terms Utility Scarcity Economics Quid Pro Quo Human Capital Academic Laziness Ceteris Paribus to be continued…

Student Interview (who are you?) Take notes on 5 General Areas Demographics Likes and Dislikes Academic Successes Future Plans Economic Interactions Notice how these match up to our Essential Questions!

Chapter 1 Notebook Guide Preview Questions: write down responses please 1 If you were to select between 2 almost identical items… 2 If you were to open a business similar to … 3. If you could change something in your daily …

Cafeteria Scenario: Respond in writing please … You came to school almost late, you had no breakfast, and bogus teachers wouldn’t let you violate school policy … The Master Chefs of the TR Cafeteria offered you some delectable choices …. Meder’s written response using the terms from special Vocabulary section…

Economic Acrostic Poem Human Capital Example Write your own using Template Turn it in Keep graded paper for future portfolio

What is Economics PPT Take notes writing down anything that you do not yet know. Introduction to the 7 Principles of Economic Thinking Distribute the Matrix (7 X # ) boxes for info

7 Principles of Economic Thinking PPT Posted on Web-Site Go Over in Class Complete Matrix (7 X 3) Tape into notebook

What do Economists do? Chapter 1.4 Worksheet Go over in class (Tape into Notebook) Look at Graph and Graphing Make Bar Graph of Line Graph Data Tape new graph into Notebooks

How to Survive Economics How to answer questions List of 6 Requirements What is question? Did you answer ? Single or multiple Q’s Quantify Qualify Does it make sense? How to Draw Graphs Neatness counts (ruler) Title Required Axes Labeled and #’d Proportion Counts Color often Helps

Head Scratching Situations that you know already exist. How can they be explained away? Use the 7 Principles we have learned Pick at least three that can help you answer Boil it down to the Best One to explain it away

Make your own Enigma Instead of completing the processing portion of your Chapter 1 Notebook Guide: Make your own Enigma Project Book Cover (4 -Parts Inside cover has 4 part Principles) Paper ( Must be typed)

Chapter 1 and Intro to my class test tomorrow Notebook will be graded Bring pencil, paper, and notebook Follow Testing Rules