Learning Goals:
Finish Obj 1.02 Understanding Economic Systems- Learn about Types of Interest Rates
Start Obj 1.03 Business in the Global Market Place
Bell Ringer:
1. Work on the vocabulary crossword puzzle.
Vocabulary crossword answers are found on pages 34 through 47 of the textbook.
Yes, you have to read, if you have been skipping the readings.
On the bottom of your crossword puzzle put the answers for the questions listed below.
Read pages 44 to 47 and answer questions 1 - 2 on p 47
2. Students will finish Interest Rate graphic organizer
3. Go to My Computer, Student Docs, Principles of Business, Unit 1 and open New POB 1.03 Part 1 PowerPoint
Guided Exercise
Miss W will review different types of interest rates.
What is a discount rate? Recession explained. Inflation explained. . http://www.youtube.com/watch?v=tOXpijd6t6k&feature=related
We will review Global Marketplace terms
Independent Exercise:
Should LeBron James Mow his own lawn? A lesson in comparative advantage at http://econedlink.org/794
Homework: Bring in 10.00 Business fee
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