Alternative Calamity Day Make-Up Lesson Plan #1

US Government

Topic: Circular Flow Model

Directions:

Google: Circular Flow Model

Open: Producing Ohio: Economics in Action: Circular Flow

Read the 3 paragraphs under circular flow

Scroll down to the bottom of the page and study the moving circular flow model

under Products Markets

Scroll up and click Continue

You will now answer a series of 10 questions concerning circular flow

Click on which of the 2 green answers you think is correct

If your answer is wrong, it will tell you to try again, so just click the other answer

READ the information the screen shows you after each answer- THIS IS HOW

YOU LEARN!

Now open: Supply and Demand

Read the 3 paragraphs on how to draw a demand graph and a supply graph

using the data given

Click Continue

You will go through 9 steps on building a supply and demand graph

After each of the 9 instructions, just click Do It! The information will appear for

you

Pay close attention to what is occurring on your screen so you can correctly

answer the 8 questions (#10-17) that follow steps 1-9

After completing the information on the Circular Flow Model and Supply and

Demand, independently type on one-half to one page of paper what you have

learned

ForCircularFlow: write about events or factors that cause the economy to

Increase or decrease production and consumption of goods and services

ForSupplyandDemand: write about the relationship between the price and the

quantity supplied. Also, write about what happens to the market when supply and

demand change

EstimatedTime: 1 hour

EstimatedDuration: Students have 2 weeks from today to turn in this paper

StandardsConnections: Grade 12 Ohio Academic Content Standards- Economics

Use the Circular Flow Model to explain the flow of money, goods, services, and

productive resources in the economy

LessonSummary: Students will obtain a better understanding of how our economy

works by studying the Circular Flow Model. They are to explain what they have

learned in their paper

MaterialsList: Internet and printer access with paper