M6U2A3: Pre-Assessment for Differentiation
My unit plan from Module 5 was based around an introduction to economics unit that every 11 th and 12 th grade AP Economics student would have to study. The standard was taken from the District of Columbia Social Studies Standards: Pre-K to Grade 12. Standard E1: Students understand common economic terms and concepts and economic reasoning. Learning Objectives: 1. By the end of the unit students will be able to evaluate the relationship between scarcity and the need for choices and provide solutions to problems based on these concepts. 2. By the end of the unit students will be able to make and justify economic decisions based on the concepts of marginal benefit and marginal cost. 3. By the end of the unit students will be able to identify the difference between monetary and non-monetary incentives, and will be able to apply those concepts to realistic economic simulations. As this is the first unit in the en...