I CAN explain Textbook: 2005.OF.7 Recognize the Describe the economic systems of the United States. characteristics of the free Unit 1: impact of economics enterprise system and Chapters economic growth. 1-4 2005.OF.8 Understand the What are the main differences among the three economic principles and economic systems? I CAN explain Informal concepts fundamental to characteristics of the law business operations of supply and demand, Describe the four phases of the business cycle. role of automation and 2005.OE.9 Analyze an computers. employment contract Describe importing and exporting activities. Weeks I CAN identify and analyze Formative 2005.OF.10 Understand 7 Environment constitutional freedom, & business supply and demand responsibilities, and rights How does licensing differ from a franchise? Frame: of the US citizen. 2005.OH.1 Recognize the legal issues related to managing a Time Economic I CAN discuss business business in the global ethics and areas in which environment What are the four areas of social responsibility that Global businesses are thought to Projects: may require the attention of business? have social responsibility. Oral & 2005.OH.2 Describe global the Written economic factors in I CAN differentiate Identify the roles and levels of government. capitalism, socialism, and 2005.OH.3 Examine issues of communism. corporate culture and Business managing in the global Prepare a list of possible problems that could occur in 1: I CAN identify environment a contract situation. August/September/October Unit demographic, geographic, Describe government actions to raise money that and psychographic trends 2005.OH.4 Define examples of might have a positive or negative influence on in consumer market. global involvement business activities. I CAN describe the 2005.OI.1 Explain the concepts of economics relationship between ethics and economic activities and governmental regulations
August/September/October Time Frame: 7 Weeks Unit 1: Business in the Global Economic Environment I CAN explain characteristics of the free enterprise system and economic growth. I CAN explain characteristics of the law of supply and demand, role of automation and computers. I CAN identify and analyze constitutional freedom, responsibilities, and rights of the US citizen. I CAN discuss business ethics and areas in which businesses are thought to have social responsibility. I CAN differentiate capitalism, socialism, and communism. I CAN identify demographic, geographic, and psychographic trends in consumer market. I CAN describe the concepts of economics and economic activities Textbook: Unit 1: Chapters 1-4 Informal Formative & Projects: Oral & Written 2005.OF.7 Recognize the impact of economics 2005.OF.8 Understand the economic principles and concepts fundamental to business operations 2005.OE.9 Analyze an employment contract 2005.OF.10 Understand business supply and demand 2005.OH.1 Recognize the legal issues related to managing a business in the global environment 2005.OH.2 Describe global economic factors 2005.OH.3 Examine issues of corporate culture and managing in the global environment 2005.OH.4 Define examples of global involvement 2005.OI.1 Explain the relationship between ethics and governmental regulations Describe the economic systems of the United States. What are the main differences among the three economic systems? Describe the four phases of the business cycle. Describe importing and exporting activities. How does licensing differ from a franchise? What are the four areas of social responsibility that may require the attention of business? Identify the roles and levels of government. Prepare a list of possible problems that could occur in a contract situation. Describe government actions to raise money that might have a positive or negative influence on business activities.