Econ 2/10 Weekly Lesson Plans

Week of: 2/10/25

*for additional curriculum information, please visit the district's resource High School Resource Guides  or Georgia Standards of Excellence

Personal Finance and Economics- Szokoly

Monday

2/10/25

Standard(s):SSEMI1 Describe how households and businesses are interdependent and interact through flows of goods, services, resources, and money.

LT:I can describe how households and businesses are interdependent and interact through flows of goods, services, resources, and money.

SC: I can define the law of DEMAND

I can describe the various determinants (shifters) of demand and illustrate on a graph how they can change equilibrium price and quantity

Lesson/Activity:

Opener- Activity- Circular Flow- Econoland

Pirate Prep

Notes- Introduction to Demand

Activity- Plotting Demand Curves

Vocabulary- Demand

Resources:PowerPoint, Note Sheet, Vocabulary, Google Classroom, Plotting Demand Sheet

Tuesday

2/11/25

Standard(s):SSEMI1 Describe how households and businesses are interdependent and interact through flows of goods, services, resources, and money.

LT:I can describe how households and businesses are interdependent and interact through flows of goods, services, resources, and money.

SC: I can define the law of DEMAND

I can describe the various determinants (shifters) of demand and illustrate on a graph how they can change equilibrium price and quantity

Lesson/Activity:

Pirate Prep

Notes- Demand Shifters & Elasticity of Demand

Activity- Joe’s Demand for Pizza

Vocabulary- Demand

Resources:PowerPoint, Note Sheet, Vocabulary, Google Classroom, Joe’s Demand for Pizza

Wednesday

2/12/25

Standard(s):SSEMI2 Explain how the law of demand, the law of supply, and prices work to determine production and distribution in a market economy.

LT:I can explain how the law of demand, the law of supply, and prices work to determine production and distribution in a market economy.

SC:   

a. I can define the law of supply.    

B. I can describe various determinants (shifters of supply and illustrate on a graph and how they change equilibrium price and quantity                                          

Lesson/Activity:

Opener- Elasticity of Demand

Pirate Prep

Notes- Intro to Supply

Quiz- Demand Vocabulary

Supply Vocabulary- Pick 2 Bonus- Illustrations- 2nd grade

Resources:PowerPoint, Note Sheet, Vocabulary, Google Classroom, Supply Vocabulary, Demand Quiz

Thursday

2/13/25

Standard(s):SSEMI2 Explain how the law of demand, the law of supply, and prices work to determine production and distribution in a market economy.

LT:I can explain how the law of demand, the law of supply, and prices work to determine production and distribution in a market economy.

SC:   

a. I can define the law of supply.    

B. I can describe various determinants (shifters of supply and illustrate on a graph and how they change equilibrium price and quantity                                          

Lesson/Activity:

Opener

Pirate Prep

Notes- Changes in Supply- Shifters, Elasticity, Supply and Demand at work, Equilibrium, Price floors and price ceilings 

Supply and Demand Graphing Practice

Supply Vocabulary- Pick 2 Bonus- Illustrations- 2nd grade

Resources:PowerPoint, Note Sheet, Vocabulary, Google Classroom, Supply Vocabulary, S & D practice sheet

Friday

2/14/25

Standard(s):SSEMI2 Explain how the law of demand, the law of supply, and prices work to determine production and distribution in a market economy.

LT:I can explain how the law of demand, the law of supply, and prices work to determine production and distribution in a market economy.

SC:   

a. I can define the law of supply and demand.    

B. I can describe various determinants (shifters of supply and illustrate on a graph and how they change equilibrium price and quantity                                          

Lesson/Activity:

Opener

Pirate Prep

Notes- Price Ceilings and Price Floors; Cost of Production

Activity- Marshmallow Towers

Supply Vocabulary- Pick 2 Bonus- Illustrations- 2nd grade

Resources:PowerPoint, Note Sheet, Vocabulary, Supply Vocabulary, marshmallows and toothpicks