-Brief review of chapter 1 (Economic basics (terms,etc.)
-10-item test
-review test
-Homework review: Compare the economic philosophy:Adam Smith,Karl Marx, J.Keynes
.identify each and highlight strong points
-US Economy:
.basic type (Market)
.components: Public,businesses,government
.Use flow chart to demonstrate
-Introduce GDP: How is it calculated?What is it used for?
.Present data from 2010 of world GDP by country.

We continued to discuss the Salk Article. I also covered the chapter on why we use statistics from the Intro to Statistics Text.

Jess will read through the article "The Biggest Public Health Experiment Ever." Then, we will discuss the article.

I also went over the syllabus with her today.

-Review previous lesson:
.definition of economics
.4 factors of production
.Basic questions: What?How?Who? (goods and services)
-Major types of economic systems:
.traditional,command,market
.Examples of each
simple agrarian/Soviet Union/US
(Use case study "Why the Societ Union collapsed")
- Philosophy:
.Assign: Research Adam Smith/Karl Marx
-Present two quotes from Adam Smith
.discuss

-Personal introduction
.Cal and Jessica
-Course Introduction:
.review outline,expectations,schedule
-Brief break
-Definition: Economics
.limited resources to meet unlimited wants
-Factors of production:
.Goods and Services
.Natural,human, and capital resources
-types of economic systems:
.traditional
.command
.market
-Money:
.purposes
.types
-Review all above

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Continue narrative project

Continue working on family tree