Unit 1 Question & Answer 🤯

🎯 Learning Targets

• Review economic concepts from Unit 1: The Market Economy

⏰ What We Did

• Student-led question and answer on Unit 1 Content

Unit 1 Review ⏪

🎯 Learning Targets

• Review economic concepts from Unit 1: The Market Economy

⏰ What We Did

• Individually reviewed for the Unit 1 Content assessment (Part I)

Unit 1 Review Game 🚨

🎯 Learning Targets

• Review economic concepts from Unit 1: The Market Economy

⏰ What We Did

• Played a review game from Lessons 1 through 6 to prepare for tomorrow's Unit 1 Content Assessment

Professional Development Day 🟢

Clintondale High School is closed today for students, while teachers are engaging in professional development. Classes will resume at 7:35 A.M. on Monday, April 28, 2025.
 

Lesson 6 Lesson Review 6️⃣

🎯 Learning Targets

• Review the key concepts covered in Lesson 6 of Economics

⏰ What We Did

• Began working on Lesson 6 Lesson Review (Due M 28 April 2025)

⚙️ Resources

• Lesson 6 Lesson Review (LR-6)

Assignment Passback and Review ❗️

⏰ What We Did

• Returned and discussed the answers to last week's "Computing Taxes" and "Working With Circle Graphs" in preparation for next week's Unit 1 Assessment

⚙️ Resources

• 2024 Instruction 1040 Tax Tables

Government and the Public 🗳

🎯 Learning Targets

• Explain how the government determines the public interest
• Identify the consequences that may result from government promotion of the public interest
• Describe how individuals and interest groups can affect government policies

⏰ What We Did

• Used the instructional notes from Lesson 6, Part 4: Government and the Public, to answer the following questions in complete sentences:

1. Define interest group and lobbyist.
2. What factors must the government weigh in trying to determine the public interest? Why might the public interest be difficult for the government to identify?
3. How can government regulation affect prices, services, profits, and productivity?
4. Describe how individuals and interest groups can influence government policy.

2025-2026 Scheduling and Xello ℹ️

Juniors were called down to schedule classes for next year and complete Xello career readiness.

Good Friday — No School ✝️

Clintondale High School is closed for Good Friday. Classes will resume on Monday, April 21, 2025, at 7:35 A.M.

MME Testing — M-STEP 💯

The M-STEP portion of the MME was administered during today's class

Economic Goals 🥅

🎯 Learning Targets

• Explain why the government regulates business
• Describe how the government works to provide public goods
• Explain how the government promotes individuals' well-being
• Describe how the government works to stabilize the economy

⏰ What We Did

• Continue playing Business Strategy, with "the government" (i.e., Mr. Carpenter) ensuring economic goals within the market ecosystem of Room 204

⚙️ Resources

• Business Strategy Central

💻 Homework

• Watch and take notes on Lesson 6, Part 4: Government and the Public, before class on Monday

Growth of Government 📊

🎯 Learning Targets

• Describe the factors that influence the growth of government
• Explain why government expenditures have increased over time
• Identify how federal, state, and local governments spend their money

⏰ What We Did

• Focusing on the increase in federal spending due to government growth discussed in Lesson 6, Part 2, examined a pie chart of federal expenditures for a given year

⚙️ Resources

• Working With Circle Graphs (A-10)

💻 Homework

• Watch and take notes on Lesson 6, Part 3: Economic Goals, before class tomorrow

Defining Fiscal Policy 💰

🎯 Learning Targets

• Explain the roles that taxes play in fiscal policy
• Describe the kinds of tax rates that governments set
• Identify the most profitable taxes

⏰ What We Did

• Watched and took instructional notes on Lesson 6, Part 1: Defining Fiscal Policy
  
• Calculated taxes when provided tax rates in given scenarios

⚙️ Resources

• Lesson 6 Instructional Notes
• Lesson 6, Part 1: Defining Fiscal Policy
• Computing Taxes (A-9)

💻 Homework

• Watch and take notes on Lesson 6, Part 2: Growth of Government, before class tomorrow

Business Strategy 💸

🎯 Learning Targets

• Engage in planned inquiries to describe and demonstrate how the economic forces of scarcity and opportunity costs impact individual and household choices

⏰ What We Did

• Continued playing "Business Strategy"

⚙️ Resources

• Business Strategy Central

MME Testing — ACT WorkKeys 💯

The ACT WorkKeys portion of the MME was administered during today's class

Business Strategy 💸

🎯 Learning Targets

• Engage in planned inquiries to describe and demonstrate how the economic forces of scarcity and opportunity costs impact individual and household choices

⏰ What We Did

• Continued playing "Business Strategy"

⚙️ Resources

• Business Strategy Central

MME Testing — SAT 💯

The SAT portion of the MME was administered during today's class

Binder Check #2 📚

⏰ What We Did

• Returned and discussed the answers to last week's "Understanding Market Equilibrium"
• Conducted the Q3 Economics binder check

Lesson 5 Lesson Review 5️⃣

🎯 Learning Targets

• Review the key concepts covered in Lesson 5 of Economics

⏰ What We Did

• Took a quiz on Lesson 5, Part 1: The Price System
• Began working on Lesson 5 Lesson Review (Due M 7 April 2025)

⚙️ Resources

• Lesson 5 Lesson Review (LR-4)

Managing Prices 💵

🎯 Learning Targets

• Explain why governments sometimes set prices
• Explain what governments try to accomplish through price floors, price ceilings, and rationing
• Explain what happens when governments manage prices

⏰ What We Did

• Continued playing "Business Strategy," incorporating content concepts into the game

⚙️ Resources

• Business Strategy Central

Determining Prices 🍻

🎯 Learning Targets

• Explain what market equilibrium is
• Explain how the price system handles product surpluses and shortages
• Explain how shifts in demand and supply affect market equilibrium

⏰ What We Did

• Using Prohibition of the 1920s and 1930s as a case study, examined the impact of the 18th Amendment on the supply and demand of both alcoholic beverages and grain

⚙️ Resources

• Understanding Market Equilibrium (A-8)

💻 Homework

• Watch and take notes on Lesson 5, Part 3: Managing Prices, before class tomorrow

The Price System 🏷

🎯 Learning Targets

• Explain the role of the price system
• Describe the benefits of the price system
• Describe the limitations of the price system

⏰ What We Did

• Watched and took instructional notes on Lesson 5, Part 1: The Price System
  
• Continued playing "Business Strategy"

⚙️ Resources

• Lesson 5 Instructional Notes
• Lesson 5, Part 1: The Price System
• Business Strategy Central

💻 Homework

• Watch and take notes on Lesson 5, Part 2: Determining Prices, before class tomorrow