Into 5 minutes: Standards, objectives, attendance, pledge of allegiance, and agenda
Objectives: SWBAT identify key terms describing basic economic principles and develop a small business.
Warm Up 15 minutes: Define the following Key Terms: Variable Cost, Fixed Costs, and Total Costs
Activity 20 minutes: Make a list of variable costs and fixed costs for your small business and then sum up total costs.
Keynote Presentation 20 minutes:
Review 10 minutes: Key Terms:
Objectives: SWBAT identify key terms describing basic economic principles and develop a small business.
Warm Up 15 minutes: Define the following Key Terms: Variable Cost, Fixed Costs, and Total Costs
Activity 20 minutes: Make a list of variable costs and fixed costs for your small business and then sum up total costs.
Keynote Presentation 20 minutes:
- Title/ Name of Business
- Business Abstract
Review 10 minutes: Key Terms:
- Business
- Economics
- Scarcity
- Land, Labor, Capital
- Goods
- Services
- Durable Goods
- Nondurable Goods
- Capital Goods
- Consumer goods
Quiz 20 minutes: Defining Key Terms.
Reading 10 minutes: Money:Coins and Paper
Closing 5 minutes: Review Objectives and key terms.
Closing 5 minutes: Review Objectives and key terms.
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