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    This 5-day unit on choices in economics introduces students to key economic concepts like scarcity, opportunity costs, factors of production, and entrepreneurship. Students will participate in group activities, readings, and videos to define economics and explore how limitations like scarcity and income affect choices and trade-offs. Assessments include formative exit slips, comic strips, and questions, as well as a summative unit quiz to evaluate student understanding of the objectives.

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    This 5-day unit on choices in economics introduces students to key economic concepts like scarcity, opportunity costs, factors of production, and entrepreneurship. Students will participate in group activities, readings, and videos to define economics and explore how limitations like scarcity and income affect choices and trade-offs. Assessments include formative exit slips, comic strips, and questions, as well as a summative unit quiz to evaluate student understanding of the objectives.

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    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    18 views1 page

    Unit 1 Plan

    Uploaded by

    api-317012472
    This 5-day unit on choices in economics introduces students to key economic concepts like scarcity, opportunity costs, factors of production, and entrepreneurship. Students will participate in group activities, readings, and videos to define economics and explore how limitations like scarcity and income affect choices and trade-offs. Assessments include formative exit slips, comic strips, and questions, as well as a summative unit quiz to evaluate student understanding of the objectives.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 1

    Unit Title: Choices in Economics

    Dates: 5 days

    Essential Question(s):
    1. How does scarcity determine the
    choices that are made in economics?
    2. How do limitations on time and
    income affect our wants and needs?
    3. What risks and returns are
    characteristic of entrepreneurship?

    Objectives:
    1. Define economics,
    entrepreneurship, opportunity costs,
    and comparative advantage. .
    2. Explain the basic problem of
    scarcity and the resulting trade-offs that
    must be made.
    3. Explain and apply the four factors
    of production.

    Standards:

    Activities:

    Assessments:

    - Syllabus and procedures


    - Defining economics group activity
    - Economics Themes Bingo
    - Google Classroom reading
    assignment
    - Watch What is Economics?
    video
    - Read Scarcity poem
    - Scarcity narrative
    - Opportunity costs youtube videos
    - What makes an entrepreneur
    activity
    - Lebron James lesson

    Michigan HSCE
    E1 (1.1,1, 1.1.2)
    E4 (4.1.1)

    Formative - exit slips, comic strip, reading and


    activity questions
    Summative - Unit 1 quiz

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