E.3 Identify and explain the broad goals of economic policy such as freedom, E.3 Write an essay that Identifies and explains the broad goals of economic policy The Costs of Production efficiency, equity, security, growth, price such as freedom, efficiency, equity, security, growth, price stability, and full stability, and full employment. employment. Make sure that each term is thoroughly defined. E3 What are the broad goals of economic Textbook pp. 29-34 policy? Literacy RI.11-12.1, Literacy W.11-12.2 E.4 Describe how people respond predictably to positive and negative incentives. E.4 reading, write a short description of how people respond predictably to positive and negative incentives. What are Incentives? Textbook p.32 E4 How do people respond to incentives? Literacy RI.11-12.1, Literacy W.11-12.2 an explanation of how voluntary exchange occurs. The explanation should E.5 speak to what all participating parties expect to gain. E.5 Explain that voluntary exchange E.5 How is voluntary exchange significant? occurs when all participating parties expect Textbook p. 51 to gain. Literacy RI.11-12.1, W.11-12.2.B E.6 Compare and contrast how the various E.6 Write a compare and contrast paper that explores how the various economic economic systems (traditional, market, systems (traditional, market, command, mixed) try to answer the questions: What to command, mixed) try to answer the produce? How to produce it? For whom to produce? E.6 How are decisions made about what to questions: What to produce? How to Textbook pp. 109,116-22 produce? produce it? For whom to produce? Literacy RI.11-12.1, W.11-12.9
E.3 Identify and explain the broad goals of economic policy such as freedom, efficiency, equity, security, growth, price stability, and full employment. E.4 Describe how people respond predictably to positive and negative incentives. E.5 Explain that voluntary exchange occurs when all participating parties expect to gain. E.6 Compare and contrast how the various economic systems (traditional, market, command, mixed) try to answer the questions: What to produce? How to produce it? For whom to produce? The Costs of Production E3 What are the broad goals of economic policy? E4 How do people respond to incentives? E.5 How is voluntary exchange significant? E.6 How are decisions made about what to produce? E.3 Write an essay that Identifies and explains the broad goals of economic policy such as freedom, efficiency, equity, security, growth, price stability, and full employment. Make sure that each term is thoroughly defined. Textbook pp. 29-34 Literacy RI.11-12.1, Literacy W.11-12.2 E.4 reading, write a short description of how people respond predictably to positive and negative incentives. What are Incentives? Textbook p.32 Literacy RI.11-12.1, Literacy W.11-12.2 E.5 an explanation of how voluntary exchange occurs. The explanation should speak to what all participating parties expect to gain. Textbook p. 51 Literacy RI.11-12.1, W.11-12.2.B E.6 Write a compare and contrast paper that explores how the various economic systems (traditional, market, command, mixed) try to answer the questions: What to produce? How to produce it? For whom to produce? Textbook pp. 109,116-22 Literacy RI.11-12.1, W.11-12.9