EstieC+Economic+Thinking

=Economic Thinking=

Class Wikispace: Global Business ||
 * **Title**: ||< Economic Basics--Economic Thinking ||
 * **Subject**: ||< Social Studies, English, Literacy for Life ||
 * **Grade**: ||< 9-12 ||
 * **Time Frame**: ||< One week
 * **Summary:** ||< Objective 1: Utilizing the lesson materials, students will demonstrate understanding economic basics by viewing a series of economics videos and completing successfully an interactive quizzes over the concepts presented in the videos.

Objective 2: Given access to the Internet and the Keynes and Hayek video, students will evaluate the two economic schools of thought by developing a blog post that uses first-rate explanation to defend their position. || 2) Students will participate in an overview of Economic thinking (Keynes v Hayek). 3) To further clarify the two economic schools of thought, students will view the EconStories video, "Keynes v Hayek, Round 2.) 4) After viewing the video, students will extend their knowledge of the two economic schools of thought by conducting additional research on the two economists. 5) Based on their research, students will choose the economist with whom they most agree and develop a blog post that explains why they believe in either Keynes' or Hayek's school of Economic Thought. Make certain that your answer is First RATE.
 * **Tasks**: || 1) Students access the class Wikispace and view and complete quizzes for the EconEdLink videos over supply/demand, market prices, and Gross Domestic Product.
 * Is your response Reasonable?
 * Does it Answer the question?
 * Does your response Tell why?
 * Do you Elaborate, give Examples, and give Evidence to support your response?

Students will attach link to blog post in Edmodo and turn in the assignment. || **Discussion:** include component="comments" page="page:EstieC Economic Thinking" limit="100"
 * Objectives: ||< This lesson covers the Economics TEKS in Global Business (This lesson is the second lesson. The students have already studied a number of economics concepts). ||
 * Assessment: ||< I will grade all of the EconEdLink quizzes and will use a rubric to grade their blog posts. ||
 * Resources: ||< Internet, EconStories Economics videos, student blogs ||
 * **Teacher**
 * Reflections:** || I was really excited about the connections the students made regarding the two economic schools of thought. Many of the students did a great job supporting their opinions with facts. ||
 * **Examples**: ||< * []
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