3. We will not be using Cornell Note Taking Format Today! Big Idea for Today: TANSTAAFL “ There Aint No Such Thing as a Free Lunch!” as a Free Lunch!” Take one step at a time to success in Economics!

4. Please use a piece of scratch paper to answer the following Question: How does the teacher use examples from Star Wars to reinforce the following economic concepts of : Scarcity, Choices and exchange?

5. Group Members Names: ___________________________________________________ _________________________________________________________________________ How does the teacher use examples from Star Wars to reinforce the following economic concepts: (Please give specific examples and write a short paragraph for each): Scarcity: Choices: Exchange

6. Your group is building a new zoo. You have to decide what animals to have. Space is limited. You get 25 acres. Take 45 minutes to make your selections, based on the next slide. Each group will be given a copy of slide 3. Use pencil first in case you need to erase. Final draft quality! This is a “challenge” for points in contest and formative points in synergy. Be creative-add pictures/artwork if you have time

7. Lion - 2 acres Turkey - 1/10 acre Giraffe -1 acre Seal - 1/2 acre Camel - 1/2 acre Cheetah - 1 acre Cow - 1/3 acre Monkey - 1/2 acre Asian Elephant - 1 acre African Elephant - 1.5 acres Reptile House - 5 acres Hammerhead Shark - 1/2 acre Kangaroo - 1/2 acre Tiger - 1 acre Whales - 3 acres House of Birds - 5 acres

8. Lion - 2 acres; Turkey - 1/10 acre; Giraffe -1 acre; Seal - 1/2 acre; Camel - 1/2 acre; Cheetah - 1 acre; Cow - 1/3 acre; Monkey - 1/2 acre; Asian Elephant - 1 acre; African Elephant - 1.5 acres; Reptile House - 5 acres; Hammerhead Shark - ½ acre; Kangaroo - 1/2 acre; Tiger - 1 acre; Whales - 3 acres; House of Birds - 5 acres.

9. Two tigers Two seals Two Asian elephants Two monkeys To get you started here are some examples of what you might do! This would have taken care of 7 of the 25 acres. 18 more to go! Two camels R emember that 2 of each helps future zoo stock.

10. 6. What was the last animal to make the cut for your zoo? (Marginal Analysis) 7. What was the animal that just missed the cut for your zoo? (That animal is the “opportunity cost” [“opportunity lost”] 8. What animal did everyone in your group agree to include _________? Why? 9. What animal did everyone agree to exclude _________? Why? 10. Explain how this exercise relates to the follwing concepts: Scarcity, Tradeoffs, Opportunity Cost in a well written paragraph below:

11. “We Bought a Zoo!” Rubric (50 Points-Formative) EXCEEDING 5 PROFICIENT 4 PROGRESSING 3.5 EMERGING 3 Excellent group problem solving has taken place here with evidence shown on your grid. All 10 questions answered in detailed complete sentences. All group members participated Fully in this exercise. Good group problem solving has taken place here with evidence shown on your grid. All 10 questions answered in complete sentences. All group members participated Some group problem solving has taken place here with evidence shown on your grid. All 10 questions answered All group members participated-not equally. Incomplete task- group members had a difficult time coming to a consensus and completing problem solving activity. GROUP MEMBERS: _________________________________________________________