Unit One
Basic Economic Concepts

Econ Book - BOOK

Stock Market Portfolio Template -

Classwork May 9-10


you will receive a copy of the chart. Type your answers onto the page and have them sent via email.

Classwork - May 1, 2013

1. Take online quiz. When finished make a pdf of the page and email it to Mr. J.

Quiz - QUIZ

2. After getting a copy of the chart from the substitute, follow directions and use the credit card simulator below. Turn in when finished.

Simulator - Credit Card Simulator


Outline of files for Webquest (PDF files just in case web pages do not open):

1. Credit Card Webquest (you will be given a hard copy of this) -
2. Task 1 Consumers -
3. PART 1 - Credit Card 101 -
4. PART 2 – How to find the best credit card for you -
5. Task 2 Credit Card Companies -
6. FRB Credit Card Fees -
7. Task 3 Government Regulation -
8. PART 1 – Watch the Full Program -
9. PART 2 – 7 Things to know -
10. Task 4 – Socratic Seminar Prep -

How Much $$$ Do You Make? -

December 18th PowerPoint -





Book Questions:
Questions -
Questions -
Questions -

Questions -
Questions -
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Questions -

Review -

Supply and Demand -


Positive/Negative Externatalities in school article -

Reading link - Pioneer Trail
- click "All About the Trail"
- Jumping off, Power, and any other that you think may help you.

City-Job-Housing Project -



Rent vs buying sites:

site 1
site 2
site 3

Economics Webquest 1

RESOURCES - These sights may help you with your webquest

  • A Pedestrian's Guide to the Economy: This site provides answers to many of the most asked, a few of the least asked, and some of the never asked questions about the economy. www.amosweb.com/cgi-bin/awb_nav.pl


Read and follow the steps below to gain knowledge to help you accomplish your task. Work cooperatively with your business partner as you learn about economics and how to be successful in the business world.

1. Visit this site to learn about Wants and Needs. Read this page first, then complete the online quiz.

Now that you understand the differences between wants and needs, visit this site to learn about Goods and Services. Don't forget to take the online quiz to check your learning.

2. You are on your way to becoming a successful entrepreneur. I hope you are getting some ideas on goods or services that you will be able to sell at the Spring Fling. People who make a good or provide a service are Producers. For example, a baker bakes cakes for others to enjoy. Consumers are people who pay for or use a good or service. When you buy the baker's cake, you are a consumer. A producer earns money or a profit when they sell their good or service for more money than it took to make it. When a producer spends more money preparing their good or service than they made when they sold it, it is called a loss. Go play Lemonade Stand to see if you have a profit or a loss as you produce and sell lemonade.

Print the Lemonade Stand worksheet .Record all of your data on your Lemonade Stand worksheet as you complete the activity.
Let's go to THE LEMONADE STAND and get started.

3. Quiz Time!! It is now time to test your economics knowledge.
Ask for the Economics Quiz. Complete the quiz and turn it in for a grade. When you have mastered the quiz, you may move on to learn more about economics.

4. You are definitely on your way to becoming the next Donald Trump. All entreprenuers must make difficult decisions in business. View the following page and complete the Cost-Benefit Analysis chart.

Lemonadestand game - Lemonadestand Game

Coffee Stand Game - Coffee Shop
Use this to answer questions -


interest calculator

· Lesson Presentation: Introduction to Micro Economics – PPT

· Lesson Presentation Part 2 – scarcity - PPT


· Lesson Presentation - opportunity cost – PPT -

· Economic Systems Models – PPT -


· Content Presentation - Circular Flow Model –

  • Now that you have learned about the circular flow model, let's hear from you regarding how you participate in the circular flow of money and resources in our economy!
  • Identify the last time you earned or were given money. If you have a job, discuss what you exchanged for the money payment you received. If you received money from your parents, what did they exchange for that money payment?
  • After you discuss your role or your family's role in the resource market, identify the last purchase you made. Who benefitted from that purchase? In other words, how did the money that you spent become income for other households?