1. Period 1- take out a blank piece of paper and label it EUQ “Banking Saving and investment.” Add name, date, and period. Also, take out any notes you have for the past unit Group 1 Atkinson, Jenna N Hayat, Hawa Hahn, Gordon M Kauffman, Karen E Group 2 Young, Hope S Vargas-Perez, Melissa Henriquez, Angel Burns, Jillian L Group 3 Zaragoza-Chavez, Alexa Ge, Stella N Martinez-Coronado, Jeffr Hsu, Herbert Group 4 Stroud, Alexander J Osborne, Jamie T Chan, Jennifer C Chan, Matthew D Group 5 Doeden, Noah C Huang, Tiffany Gruspe, Megan M Chu, Isabella Y Group 6 Galicia, Gerardo Michaels, Rachel E Haggart, Alex A Walter, Steven C Group 7 Malo, Alexandra K Weyers, Grant M Sherpa, Punu Lamm, Nicholas M Group 8 Wilken, Charles F Comstock, William Tang, Kevin Gurumurthy, Greesan

2. Period 2- take out a blank piece of paper and label it EUQ “Banking Saving and investment.” Add name, date, and period. Also, take out any notes you have for the past unit Group 1 Ahrens, Alex W McMillan, Brandon M Ramirez-Simpson, Trezh Steck, Jeremy Group 2 Namyst, Daniel J Rodriguez, Karen Lee, Ian Walter, William R Group 3 Camacho-Perez, Liliana Robinson, Hannah Johnson, Devon S Uribe, Sarah L Group 4 Mazda, Tara Goldberg, Erin R Padaong, Jamaila Youlton, Michelle S Group 5 Fitzsimons, Elyse Chaverri-Smith, William Gallardo, Cristian Dempsey, Molly A Group 6 Topete-Medina, Antonio Keane, Connor Jiang, Elizabeth Athey, Hannah I Group 7 Alesandro, Jonathan S Garcia, Jose M Schneider, Maynard Lin, YuLun C Gerrior, Eleanor W

3. Period 4-take out a blank piece of paper and label it EUQ “Banking Saving and investment.” Add name, date, and period. Also, take out any notes you have for the past unit Group 1 Ashkenazi, Tom Ewing, Lauren A Librie, Dominic O Pun, Anthony Group 2 Choto, Tinashe Eder Waiblinger, Kirk S Goode, Kalvin J Group 3 Saldivar, Jose L Wilson, Heather A Young, Bryan A Kapp, Franklin S Group 4 Buhain, Mark Andrew S Salas-Vallejo, Carolina Bright, Cierra J Hughes, Jayme L Group 5 DeAngelis, Morgan E Tsoi, Samantha G Pilling, Andres B Melkonyan, Michael Group 6 Sherod, Ryan Ogaz, Patrick C Cortinas, Erik J Rose, Sophia M Group 7 Moreland, Christopher T Petti, Daniel J Dembner, Zachary W

4. 10/17- Homework! Agenda EUQ- Banking Savings and Investment Types of markets jigsaw Objectives- by the end of class you should be able to… Demonstrate your preparation for class Define and describe different market types

5. Unit 2.2 Banking, Saving & Investment EUQ response 1. How do individual deposits contribute to the circular flow of the economy? How are deposits an example of the ‘future consequences count’ principle? Advanced  explains how individual deposits create future consequences for both households and businesses  includes/uses mostly accurate and appropriate Banking, Savings or Investment terms from notes/ class Proficient  explains how individual deposits create future consequences for either households or businesses  includes/uses appropriate specific terms from guided reading and note taking packet or textbook  correctly explains aspects of the Circular Flow of the Economy Basic  does 1 of 3 proficient criteria Below Basic  does 0 of 3 proficient criteria

6. The Circular Flow of the Economy Factor Markets Individuals/ Consumers/ Households Businesses/ Firms/ Producers Product Markets $ Payments for factors $ Income from sale of factors (gross and net) Goods & Services $ Profit (gross and net) $ Consumer Spending Factors of Production Land, Labor, Capital Factors of Production Land, Labor, Capital Goods & Services Financial Institutions commercial loans investment, consumer loans savings, fees, % payments % payments, deposits, fees Essential Question: What is the relationship between competition and market structures in the circular flow of the economy?

7. Market Characteristics Type of Market # of Firms in the Industry Similar or different products Ability to Control Prices Ease of entering the industry Existence of non-price competition [leave this one blank] Pure Competition Monopolistic Competition Oligopoly Monopoly Copy the chart below into your notebook and make sure to leave space in the boxes so you can fill them in as you complete the assignment.

8. 1.Each member of the group will be responsible one of the four models of market structure that are described. Read about your market structure and fill in the chart. Be prepared to describe and explain your market structure to your group mates. 2.As a group be prepared to discuss your answers with the class. You must come up with at least 2 more examples of each market structure beyond the ones provided in the descriptions. You cannot use the same product only a different type: for example you cannot say tomatoes instead of cucumbers (they are both vegetables!).

9. 1.Share your information with each group member 2.You must come up with at least 2 more examples of each market structure beyond the ones provided in the descriptions. Grab a whiteboard and draw them

10. Market Structures & Competition Discussion Questions 1.Economists agree that it is better to have competitive industries in an economy than monopolies. Think of a competitive industry in this area such as fast food. What are some of the advantages of having competition in the fast food industry? Discuss prices, quality and amounts of goods available in your answer. 2.Think of a situation in which a monopoly may be better for the consumer. Specifically describe why this particular industry as a monopoly is better for the consumer.

11. What is a MARKET? Give an example. What is a difference between these two markets?