Economics, Agriculture and Maine
TROY HOWARD MIDDLE SCHOOL
Philosophy- Economics is taught within the context of a garden,
watershed and greenhouse program to provide the students with a more
integrated learning experience. Students are
Economics is the study of how individuals and societies make choices
about ways to use scarce resources to fulfill their needs and wants.
What you’ll learn:
I. Introduction to Economics
A. What role economics plays in your life
B. What role you play in the economic system
of the United States.
C. The various kinds of economic systems in
D. The relationship between ecology and
II. Practical Economics: Roles Individuals Play in the Economic
A. How basic economic principles can help you
in your daily life.
B. What pitfalls to avoid when going into debt.
C. What you should be aware of before buying
D. Why saving and investing are sound habits
E. Learn the PACED model: Problem,
Alternatives, Criteria, Evaluate, Decision
III. Microeconomics: Markets, Prices and Business Competition
A. How your consumer decisions affect prices.
B. What risks and expectations you’ll have
when starting a business.
C. Why competition among businesses is vital
to the price you pay for goods and services.
IV. Microeconomics: American Business
A. How businesses obtain financing and produce
B. How those goods are marketed and
distributed to you as a consumer.
C. Who makes up the American labor force.
D. How Maine’s economy has developed.
a. Cod fish industry
c. Forest products
e. Ship building
f. Mill workers
V. Macroeconomics: The Nation’s Economy
A. What statistics measure the economies
B. How the American banking system works.
C. The role of government in the economy.
D. The Federal Budget
E. The effect of historical events on the
economic development of our country.
VI. The International Scene
A. How the United States trades with the rest
of the world.
B. Why many of the world’s nations are moving
toward a free enterprise economic system.
C. How the world is becoming smaller through
D. The role gold has played in the evolution
of the monetary systems and trade of the world.
Required classroom activities:
I. Developing the garden business
A. Be a contributing member
in one division of the garden business.
B. Complete garden
apprenticeship and interview.
C. Develop an individual
job desciption for garden business.
D. Complete research paper
to economics and agriculture in Maine.
E. Present a detailed
business plan for a Pizza Company to an Investment Banker (in
class). Your business is based on protoype
and cost analysis conducted in the garden phase of the Pizza Unit.
II. In-depth research into a monetary system
and/or economic period in a country's history
A. Conduct one class period
based on your research.
B. Host guest speaker or
interview an adult as part of presentation.
C. Complete and show a
multimedia (2-5 minute) presentation based on individual research
III. Complete research report on all of the
Entrepreneurs, history of Maine agriculture, Olympics in Maine and
IV. Maintain an organized notebook using
laptops, binder and index cards.
V. Record and manage personal budget
using checkbook ledger.
A. Manage monthly
costs (laptop charge, heat, lights, bus/ car)
paycheck and bonuses
stock, bonds or mutual fund pick (manage on myyahoo.com)
VI. Active participation in current events
A. Classroom discussions
B. Comparing local and
world news headlines via the internet.
VII. Completion of all tests, quizzes,
homework and assignments.
VIII. Develop an economic system for your
invented country (continuation of sixth grade project).
IX. Investigate career paths.
X. Successfully manage the technology that you
required to use in your classroom lessons.
Economic History of America
Give each of these topics to the students in random order. Ask
each student to work from the Resource Room on their laptops to build
an economic timeline. Draw timeline on 4” by 11” paper taped, on
back, in lengths.
|Merchantilism - Colonies excisted for the
sole purpose of expanding wealth to the home country.
Immigration: Colonial to modern
Boston Tea Party- 1773
American Revolution- 1777
Ellis Island and Labor Force-
European Immigrants move to NYC,
Chinese Immigrants move to San Francisco
China Trade in Growing America
Latin America and the United States
Mountain Men and the Fur Trade
California Gold Rush- 1849
Labor Movement in America
Spanish American Conflict
The Great War (World War I)
Explosion of the Maine
Isolationism, Prosperity and Progress in the 1920’s
The Great Depression (1930’s)
The New Deal/ Social Security Act
The Dust Bowl and the “Okies”
World War II - On the homefront
The Truman Doctrine and the Marshall Plan
The “Military-Industrial Complex” and the nuclear arms race
GI Bill of Rights- 1944
The most prosperous nation on earth- 1950’s
Interstate Highway Program- 1956
The Space Race
Lyndon Johnson and the Great Society
Cesar Chavez Organizes Migrant Workers
OPEC Oil Embargo: First Major
U.S. Energy Crisis- 1973
Students will choose one of these areas (or any topic covered in class)
to lead a class mini-lesson, 30 minutes in length. Lessons will
graded by rubric format. Each student is given rubric
preparing lesson. Guest speaker or recorded interview should be a
of the lesson.