Econ and AP Macro First Week Lesson Plans

What

Econ and AP Macro First Week Lesson Plans

When

1/9/2025, 9:00 AM – 10:00 AM

Course Name: Economics and AP Macroeconomics

Wednesday
Standard(s):SSEF1: Explain why limited productive resources and unlimited wants result in scarcity, opportunity costs, and tradeoffs for individuals, businesses, and governments.

LT:I can give examples of how rational decision-making entails comparing the marginal benefits and the marginal costs of an action.

SC:I can explain and define a rational decision as well as give an example.
I can compare marginal benefits and marginal costs.
I can define marginal benefits and marginal costs as well as give examples of each

Lesson/Activity: First day introductions. Rules and Procedures. Get to know you activities
Resources:


Thursday
Standard(s):SSEF1: Explain why limited productive resources and unlimited wants result in scarcity, opportunity costs, and tradeoffs for individuals, businesses, and governments.

LT:I can give examples of how rational decision-making entails comparing the marginal benefits and the marginal costs of an action.

SC:I can explain and define a rational decision as well as give an example.
I can compare marginal benefits and marginal costs.
I can define marginal benefits and marginal costs as well as give examples of each

Lesson/Activity:PPT notes (Scarcity & Productive Resources). Zoo Activity
Resources:


Friday
Standard(s):SSEF1b. Define and give examples of productive resources (i.e., factors of production): natural resources (i.e., land), human resources (i.e., labor and human capital), physical capital, and entrepreneurship.

LT:I can explain why limited productive resources and unlimited wants result in scarcity, opportunity costs, and tradeoffs for individuals and businesses.

SC:I can identify each productive resource as it relates to businesses and individuals
Lesson/Activity: Factors of Production. Building a Car. CELL Drawing activity. Minimum Wage Budget