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ECONOMICS: November 3 Warm-up: See, Think, Wonder (see attached slide) -answer on notebook paper (complete sentences) --Review video:

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Presentation on theme: "ECONOMICS: November 3 Warm-up: See, Think, Wonder (see attached slide) -answer on notebook paper (complete sentences) --Review video:"— Presentation transcript:

1 ECONOMICS: November 3 Warm-up: See, Think, Wonder (see attached slide) answer on notebook paper (complete sentences) --Review video: Taxation Purpose & Types of Taxation Ch. 14, Lessons 1 & 2 Lecture Guide: Taxes (HO from earlier) Economics Learning Target #1 In order to understand how the federal government collects revenue, I will analyze the sources of federal government revenue. I will know I have it when I can list, explain, and place in rank order the major sources of federal government revenue. --conclude types of federal government revenue collection -miscellaneous taxes: excise, estate, and gift taxes; customs duties Ch. 14, Lesson 2 Reading Guide: Federal Budget (HO)--begin Economics Learning Target #2 In order to understand how the federal government spends revenue, I will analyze federal government finances. I will know I have it when I can: (1) list the steps in the federal budget process; (2) place in rank order the major categories of federal government spending; (3) explain the causes of budget imbalances; (4) differentiate between budget deficits and the national debt; and (5) explain the impact of the national debt and how it is financed. Assignment: read Ch. 14, Lesson 3 and Ch. 15, Lesson 1

2 Chapter 14, Lesson 2 (Day 1) Source: U.S. Bureau of Economic Analysis What do you see? What do you think about that? What does it make you wonder? I see I think I wonder Going forward 100% of lessons at Madison should include a learning goal that addresses the why, what, and how. Why are we learning this?  In order to… What will I do?  I will… How will I show you that I have learned it? I will know I have it when… Student learners should know what the goal is every day.  Remember, a learning goal should be more than something just written down on the board. Learning Target In order to understand how the federal government collects revenue, I will analyze the sources of federal government revenue. I will know I have it when I can list, explain, and place in rank order the major sources of federal government revenue.


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