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Helpful Links
Unit I
Reviews:
PPT or Text
Class Page
Current Event Sheet
e-mail
Dr.
Swanson
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Unit Schedule
| Date Due |
Pages |
Key Concepts |
9/3
Bring book to class |
8-15 |
- opportunity cost & trade offs and their use in
decision making
- the margin and thinking on the margin
- the use of production possibilities in decision making
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9/10
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23-27 |
- the three key economic questions
- the basic characteristics of traditional, command,
market, and mixed economies
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9/14
Bring book to class |
40-44 |
- The rise of mixed economies and the role laissez faire
- the cricular flow model
- Major economic goals of the United States
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9/16
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Current
Event #1 Articles are due |
9/17
Bring book to class |
57-60 |
- Tracking business cycles & promoting economic
strength
- the link between technology & productivity
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9/21
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67-70 |
- The Problem of poverty
- different types of redistribution programs and their
various goals
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9/24
Bring book to class |
310-316 |
- Phases of a business cycle
- key components of a business cycle
- major business cycles in U.S. History
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9/28
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338-343
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- the concept of purchasing power
- the different types of price indexes
- the causes and effects of inflation
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9/30
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Unit I Test |
Possible Test Essay Questions
You will need to respond
to one question from each group (2-3 paragraphs each)
Group A:
- Discuss the various types of national economy. Why have
market capitalism and democratic socialism emerged as the two most
popular forms?
- Discuss the causes of unemployment, inflation, and
poverty. What are some of the steps a society can take to combat
these problems?
Group B:
- Discuss each of the U.S.’ major economic goals and
explain how you would prioritize them.
- Discuss the relationship that exists between the
Government, Consumers, and Businesses. Give at least two examples of
situations that would cause a change in this relationship.
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