Day 60 Agenda (Monday 11/28/16)

Mr. C's SMART Lunch Availability This Week
Lunch	Monday	Tuesday	Wednesday	Thursday	Friday
A	CLOSED	OPEN	CLOSED	By Appointment	OPEN
B	CLOSED	OPEN	CLOSED	By Appointment	OPEN
Motivation for the Week: "The difference between try and triumph is a little UMPH." - unknown

Agenda

All Classes
1) Economic Way of Thinking
Reviewed some basic concepts regarding decision-making and the economic process

1. People make choices.
2. All choices involve costs.
3. People respond to incentives in predictable ways.
4. People create economic systems that influence choices and incentives.
5. People gain when the trade voluntarily.
6. People's choices have consequences for the future.

2) Opportunity Costs

Watched 2 videos that mechanically demonstrate how people make decisions. The video exaggerates the process to illustrate what is usually a quicker and easier process.

Homework

All Classes

In the packet, read 6.1 "Why Some Jobs Pay More Than Others" and on separate paper answer the accompanying questions using complete sentences and restating the questions.