ECONOMICS
LESSON TWO
Monday – Lecture: Incentives/Externalities
Tuesday – Vocab #1 & chapter 12 w/s
Wednesday – Video: “Resources & Scarcity”
Thursday – Farmers: lesson 1
Friday – Test A2
STATE STANDARD
Strand IV. Economic Perspective
Students will use knowledge of the production,
distribution, and consumption of goods and services to make personal and societal decisions about the use of scarce resources.
Standard
IV.I Individual and Household Choices
All students will describe and demonstrate
how the economic forces of scarcity and choice affect the management of personal financial resources, shape consumer decisions
regarding the purchase, use, and disposal of goods and services, and affect the economic well-being of individuals and society.