Wednesday, March 16, 2011

Circular Flow Charts

Wednesday March 16, 2011                      
                      
Clear your desks (except for notebook and pen/cil)                In your notebook (as practice!!!), do the following:                  
1  You are to draw the CIRCULAR FLOW, including:
    Households, Firms, Labor Markets, Resource Markets
    Financial Sector, Government Sector, Foreign Sector          
                      
2  When you have finished, share your drawing with peers.
                  
3  Fix it as necessary.                  
                      
4  Then compare it with the "REAL" version (on back of your Ch.2 wksht)
    -only the video included the additional sectors so you may need some memory              
5  Pick up BLANK Piece of Paper, some colored pencils, and a protractor (SHARE!!!)
    Draw a NICE version
        -label things with proper nouns (stores, people, banks, nations, etc.)
    Turn it in (make sure your name is on it!!!)                  
                      
6  When you have finished, complete the "other' side of the Ch. 2 Wksht
    -KEEP IT!!!

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