1. Welcome to your Senior Year!!
Find a seat somewhere that will help you be successful in this class!

2. AP MACROECONOMICS Take out a sheet of paper Syllabus
My expectations for this class:
1. Respect
2. Don’t be late
3. Come prepared and be on task
4. Follow all HCBOE policies
5. Be responsible for your grade

3. Procedures and Pet Peeves
Bathroom Procedure
Trash
Lining up at the door

4. AP MacroEconomics – What you need to know.
Grading scale:
Tests – 50% (AP content test with each unit plus 3-4 Milestone benchmarks)
Classwork – 30% (Problem Sets, practice work, EverFi, etc.)
Georgia Milestone (EOC) – 20%
Work that is turned in late will only receive half credit
I have a vested interest in how you do on the Georgia Milestone EOC– 100% proficient and distinguished rate (that’s an 80 or above)!!
Economics is common sense made difficult – if it was easy, there wouldn’t be a need for me nor this class!!
For every concept, apply it to something that you are familiar with, something you purchase, your job, your family, etc.

5. Economics Keys to Success – 100% proficient and distinguished rate on Milestone
Stay Organized
Study minutes a night – read and reread your notes
Get help early!!
Visit my teacher webpage/OneNote and look at the study guides, standards, reviews that are posted – study, study, study!

6. Don’t take my word for it…
Some of you have had me before and those who haven’t can ask and they’ll tell you one of two things:
1. Mr. Harris is cool, laid back, and you will learn a lot…OR
2. He’s extra, his class sucks and I hope something bad happens to him.
Either way, my purpose remains the same and yours should too…Get you across that stage in May as successfully as possible.

7. #BeTheGOAT Who is the greatest basketball player of all time?
What makes them the greatest of all time?
More than likely you named one of these guys:

8. What makes them so great?
Kobe Bryant
holds the record for most missed shots
Lebron James
ranked 2nd all time in losses in the NBA Finals
Michael Jordan
did not make the Varsity basketball team in high school
“I’ve missed more than 9000 shots in my career. I’ve lost almost 300 games. 26 times, I’ve been trusted to take the game winning shot and missed. I’ve failed over and over and over again in my life. And that is why I succeed.”
—Michael Jordan

9. What is the Point?
These guys are great because they do not shy away from failure, they embrace it and allow it to motivate them to be great.
It takes hard work and determination to overcome our failures. It doesn’t just happen because we show up or we hope we will do better.
Strive to be great, work hard to be great, give this year everything you have to #BeTheGOAT
What will this look like for you? Write down 2-3 behaviors that you know you are going to have to focus on.

10. Write your own definition of the word economics.
What is Economics?
Write your own definition of the word economics.
Today we are going to learn the six economic principles and apply them to answer: Why are we a nation of couch potatoes?

11. True/False
Few Americans know that exercising more and eating less can help many people become healthier
Exercise and a healthful diet are free
In jobs that involve physical work, exercise is like a fringe benefit
The price of food has been increasing
Passive modes of entertainment are popular with many Americans
Common jobs of the past were much safer than today’s jobs in technology, law and finance

12. Activity – Guide to Economic Reasoning
1. Read the provided article.
2. Write down each principle.
3. Underneath each principle, write down any vocabulary or descriptive information that would help you understand the principle.
4. Write down how the principle relates back to the question of the article.
Do this work individually – YOU need to understand each principle.

13. Six Economic Principles
1. People are rational decision makers – they seek to accentuate the benefits and diminish the costs with every decision
2. Every choice comes with a cost – TINSTAAFL. This cost is called the Opportunity Cost (the next best alternative use of one’s time, money or other resources)
3. Decisions are shaped by incentives – new Powerball prices
4. Economic systems – people create environments which effect decisions
5. Our market system is based on voluntary exchange (Example: Paper clip guy and Porsche kid)
6. Consequences lie in the future and can effect people’s decisions

14. Really Hardees….Really Hardees….Really?????

15. Why are we a nation of couch potatoes?
It is not because Americans are just plain lazy and prone to poor judgment, but because….
Americans today face a new set of choices, incentives, benefits and costs that shape their decisions!

16. Georgia Graduation Rate
2016 – The Graduation Rate in the State of Georgia was 79.4%
Using each of the six economic principles, answer the following question:
Why is the graduation rate in Georgia only 79.4%?