1. ECONOMICS: October 30
Warm-up Draw a business cycle diagram. Then, predict how you think Real GDP and inflation are related. Learning Target
In order to understand the causes and consequences of instability in the U.S. economy, I will analyze how inflation affects the average consumer. I will know I have it when I can: (1) calculate change in prices given hypothetical CPIs; (2) graph and explain some causes of inflation; and (3) explain how some people get hurt by excess inflation. Ch. 13, Lesson 2 Student Lecture Guide (HO) --inflation & deflation terms --inflation target
--market basket & CPI
--main causes of inflation (see graphs) --negative consequences of inflation
Assignment Ch Test Review (HO from earlier)
Ch Test is TOMORROW (Warm-ups due TOMORROW: , 10-25, 10-26, 10-29, and 10-30)
(Review due TOMORROW for up to 10 bonus points on test!)
Have questions about the review? I will be in my room by 8:15 Wed.