3rd Block-ESOL Economics
ESOL Standard 1 "English Learners communicate for Social and Instructional purposes within the school setting." ESOL Standard 5 "English learners communicate information, ideas,and concepts necessary for academic success in the content area of Social Studies. Language Learning Domains: Listening(L), Speaking(S), Reading(R) & Writing(W) SS SSEMA1 Illustrate the means by which economic activity is measured. a. Identify and describe the macroeconomic goals of steady economic growth, stable prices, and full employment. b. Define Gross Domestic Product (GDP) as the sum of Consumer Spending, Investment, Government Spending, and Net Exports (output expenditure model). c. Define unemployment rate, Consumer Price Index (CPI), inflation, real GDP, aggregate supply and aggregate demand and explain how each is used to evaluate the macroeconomic goals from SSEMA1a. d. Give examples of who benefits and who loses from unanticipated inflation. e. Identify seasonal, structural, cyclical, and frictional unemployment. f. Define the stages of the business cycle, including: peak, contraction, trough, recovery/expansion as well as recession and depression SSEMA2 Explain the role and functions of the Federal Reserve System. a. Explain the roles/functions of money as a medium of exchange, store of value, and unit of account/standard of value. b. Describe the organization of the Federal Reserve System (12 Districts, Federal Open Market Committee (FOMC), and Board of Governors). c. Define monetary policy. d. Define the tools of monetary policy including reserve requirement, discount rate, open market operations, and interest on reserves. e. Describe how the Federal Reserve uses the tools of monetary policy to promote its dual mandate of price stability and full employment, and how those affect economic growth. SSEMA3 Explain how the government uses fiscal policy to promote price stability, full employment, and economic growth. a. Define fiscal policy. b. Explain the effect on the economy of the government’s taxing and spending decisions in promoting price stability, full employment, and economic growth. c. Explain how government budget deficits or surpluses impact national debt. Monday- Language Objective: SWBAT explain the meaning of vocabulary words economic growth, stable prices, full employment, GDP, Consmer Spending, Investment, Government Spending. Content Objective: SWBAT explain how economic activity is measured. Opening: "Good Things," and Review Question Work Time: 1. Read/Discuss Macroeconomics 2. Complete Guided Reading Questions. Closing: Summary Tuesday- Language Objective: SWBAT explain the vocabulary words Aggregated Demand, Price Level Increases, Real GDP, Inflation, Types of unemployment, stages in the business cycle Content Objective: SWBAT explain who loses and who benefits with unanticipated inflation, types of unemployment, and stages in the business cycle. Opening: "Good Things," and Review Question Work Time: 1. Finish Reading Macroeconomics Reading 3.1 2. Complete Guided Reading Questions. Closing: Summary Wednesday- Language Objective: SWBAT explain the vocabulary words Federal Reserve System, medium of exchange, store of value, unit of account/standard of value, Federal Open Market Committee, reserve requirement, discount rate, monetary policy implementation. Content Objective: SWBAT explain the how the Federal Reserve System impact our economy. Opening: "Good Things" and Review Question Work Time: 1. Finish Reading Macroeconomics text 2. Complete Guided Reading Questions Closing: Summary Thursday- Language Objective: SWBAT explain the vocabulary words fiscal policy, price stability, full employment, economic growth, budget deficits & surpluses, and national debt, Content Objective: SWBAT explain how the government uses fiscal policy to promote price stability, full employment and economic growth. Opening: "Good Things" and Review Question Work Time: 1. Complete the "Macroeconomics: Unemployment in the Business Cycle 2. Complete the Macroeconomics Study Guide Closing: Summary Friday- Language Objective: SWBAT explain all the Macroeconomics vocabulary words Content Objective: SWBAT explain the all the principles of Macroeconomics. Opening: "Good Things," and Review Question Work Time: 1. Study 2. Macroeconomics Test Closing: Summary 4th Block- ESOL Reading, Writing and Newcomer I.E.L. ESOL Standard 1 "English Learners communicate for Social and Instructional purposes within the school setting." ESOL Standard 2: "English language learners communicate information, ideas and concepts necessary for academic success in the content area of Language Arts. Language Learning Domains: Listening(L), Speaking(S), Reading(R) & Writing(W) Monday Language Objective: SWBAT pronounce and recognize Content Objective: SWBAT pronounce, recognize and identify the Opening: Alphabet/Sound Review Work Time: "Senses" 1.. Listen and Repeat Vocabulary (WG) (L/S/R). 2. Practice Vocabulary with Cards (SG) (L/S/R). 3. Content Reading/Reading Comprehension Phase (WG) (L/R/S). Closing: Summary Tuesday Language Objective: SWBAT pronounce, recognize and utilize the Content Objective: SWBAT pronounce, recognize and identify the Opening: Alphabet/Sound Review Work Time: 1. Lexia Learning-Power Up Website Closing: Summary Wednesday Language Objective: SWBAT pronounce, recognize and utilize Content Objective: SWBAT pronounce, recognize and identify the Opening: Alphabet/Sound Review Work Time: 1. Lexia Learning-Power Up Website Closing: Summary Thursday Language Objective: SWBAT pronounce, recognize and utilize the Content Objective: SWBAT pronounce, recognize and identify the Opening: Alphabet/Sound Review Work Time: 1. Lexia Learning-Power Up Website Closing: Summary Friday Language Objective: SWBAT pronounce, recognize and utilize the Content Objective: SWBAT pronounce, recognize and identify the Opening: Alphabet/Sound Review Work Time: "Senses" 1. Listen and Repeat Vocabulary (WG) (L/S/R). 2. Practice Vocabulary with Cards (SG) (L/S/R). 3. Content Reading/Reading Comprehension Phase (WG) (L/R/S). Closing: Summary
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