Econ Alive! The Power to Choose Sample

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Program Contents

Unit 1 The Economic Fundamentals 1

An Economic Way of Thinking How can you think like an economist?

2

Economic Decision Making Why can’t you always get what you want?

3

Economic Systems Who or what decides what you get?

4

Gains from Trade How does trade make people better off?

Economic Inquiry: Improving a Country’s Economy

Unit 2 How Markets Work 5

Demand and Supply What are demand and supply, and what factors influence them?

6

Markets, Equilibrium, and Prices How do you know when the price is “right”?

7

Market Structures and Market Failures What happens when markets do not work perfectly?

Economic Inquiry: Examining Perfect Competition

Unit 3 Economic Institutions and Organizations 8

Money, Banking, Saving, and Investing How should you spend, save, and invest your money?

9

Entrepreneurs and Business Organizations How do entrepreneurs use their resources to start businesses?

10

Human Capital and the Labor Market Why is it important to develop your human capital?

Economic Inquiry: Creating a Business Plan

Unit 4 Economics of the Public Sector 11

Government and the Economy How should the U.S. government carry out its economic roles?

12 Taxes and Taxation Who and what should be taxed?

Economic Inquiry: Investigating the Impact of Excise Taxes

Unit 5 Measuring and Managing the Economy 13 Measuring the Economy How do economists measure a nation’s economic health?

14 Fiscal and Monetary Policy How do policymakers use fiscal and monetary policy to stabilize the economy?

Economic Inquiry: Growing the Economy

Unit 6 Globalization and the Global Economy 15 The United States and the Global Economy How do countries conduct trade in the global economy?

16 The Costs and Benefits of Globalization Do the benefits of globalization outweigh the costs?

Economic Inquiry: Understanding the Effects of Globalization

What makes TCI unique?

Econ Alive! The Power to Choose

Instills an Economic Way of Thinking

Micro and Macro Perspectives Are Presented Together in Each Lesson

Built to be a Semester-long Course

At a Glance Teaching Tips to help you deal with common economic misconceptions

Resources for Creating Financial Literacy: • The Power to Choose Readings • Applying Economics: A Toolkit for Personal Financial Literacy

Program Components I N T E R A C T I V E

S T U D E N T

N O T E B O O K

P L A C A R D

A

Government and the Economy

Political Cartoon A

TCI offers programs for elementary, middle, and high school classrooms.

How should the U.S. government carry out its economic roles?

V o c a b u l a r y

Role of Government

T e r m s

As you complete the Reading Notes, use these terms in your answers: regulation eminent domain regulatory agency merger

deregulation common resource government failure poverty rate

Summary

Social Studies Alive!

History Alive!

Example

Protecting property rights

Geography Alive!

Maintaining competition

Government Alive!

Protecting consumers, savers, and investors

Econ Alive!

Bring Science Alive!

Protecting workers

P R E V I E W

Write these three statements in your notebook. Then, write a sentence or two explaining whether you strongly agree, somewhat agree, somewhat disagree, or strongly disagree with each statement.

1. The government should increase taxes to expand programs for the elderly.

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Addressing externalities Providing public goods Cagle Cartoons / Pat Bagley, The Salt Lake Tribune, UT

Promoting economic stability

2. The government should ease up on regulations protecting the environment.

Discuss these critical thinking questions with your partner.

What are three interesting details in the cartoon?

What is causing the tainted food?

What role of government does this cartoon represent?

What might the cartoonist be saying about how the government is carrying out its role in this case?

Redistributing income

3. The government should break up existing monopolies.

Section 1 R E A D I N G

N O T E S

Create the matrix at the upper right in your notebook. For each role of government you read about, you will write a summary, and record at least one example of how the government carries out the role.

Bring Learning Alive!

1. Complete the entries in your matrix for “Protecting property rights.”

2. What did economist Charles Wheelan mean when he said, “Good government makes a market economy possible. Period. And bad government, or no government, dashes capitalism against the rocks.”? Do you agree or disagree? Why? 3. A pictoword is a symbolic representation of a word that shows its meaning. Create a pictoword for the term eminent domain.

Government and the Economy

© Teachers’ Curriculum Institute

1

© Teachers’ Curriculum Institute

Government and the Economy

1

Notebook Guides

Placards

Student Edition

Students engage with their learning by expressing their ideas, completing graphically organized notes, and developing personalized responses in their Interactive Student Notebooks.

Students analyze graphs, data sets, powerful images, and engaging primary sources printed on reusable placards.

The Student Text provides a rich knowledge base of economic concepts and guides students through their learning.

Vocabulary Development Chapter ______

Rate Your Knowledge

Follow these steps to rate your knowledge of the Key Content Terms.

Step 1: Use one spectrum for each Key Content Term. Rate your knowledge of each term by marking the appropriate place on the spectrum.

Below the spectrum, write anything you know about the term.

Step 2: Find out what others know about each term by asking another person (for example, a classmate, friend, parent, or teacher). Write down what you learn on the back of this sheet or on a separate sheet of paper.

Step 3: Find the definition of each term. Then, on the back of this sheet or on a separate sheet of paper, write a sentence that uses each term.

Term:

1

2

3

4

Unfamiliar

5 Very familiar

Term:

1

2

3

4

Unfamiliar

5 Very familiar

Term:

1

2

3

4

Unfamiliar

5 Very familiar

Term:

1 Unfamiliar

© Teachers’ Curriculum Institute

2

3

4

5 Very familiar

ELA/ELD Connections: Vocabulary Skills

11

Personal Financial Literacy

Teacher and Student Licenses

The Toolkit for Personal Financial Literacy provides easy-to-use resources that guide students through budgeting, saving, and planning their financial futures.

Lesson Guides, customizable assessments, video quizzes, learning games, and more are at your fingertips.

Universal Access TCI is designed to reach all of your learners. Here are some resources you can use in your classroom.

Reading Tools (Text to Speech) Digital text-to-audio, main ideas, and note taking tools support reading.

ELA/ELD Connections ELA/ELD Connections provide graphic organizers and worksheets to support learners who need additional guidance with reading and writing.

Differentiating Instructions Each lesson comes with modifications for English learners, learners reading and writing below grade level, learners with special education needs, and advanced learners.

Multimedia (Video with Closed Captioning) Rich videos and compelling images engage learners and help improve their understanding of content.

Lesson Outlines Provide extra support for English Language Learners by using this guide to outline notes.

Vocabulary Cards Students review important social studies terms with vocabulary flip cards.

Assessments TCI offers a variety of formative and summative assessments so you can gauge student progress through each lesson.

Lesson Game In a Lesson Game, students answer selected-response questions about the lesson.

Results are automatically tracked in your gradebook.

Notebook Monitor students’ progress in their notebooks as they go through the lesson and investigations.

Self Assessment A self-assessment asks students to gauge their understanding of key concepts at the beginning and end of a unit.

Processing An end-of-lesson processing assignment challenges students to synthesize and apply the information they have learned in a variety of creative ways.

Summative Assessment TCI’s customizable assessments include a variety of question and response formats to gauge student progress.

Unit Pre- and Post- Test Each unit has a pre- and post-test for you to check student progress.