Grade: 7th Grade Social Studies Subject: Economics
1. Topic-
Investment In Human Capital
2. Content-
2.Economic Growth
3.Human Capital
*Health (Immunizations)
*Education (College)
*Training Of People (Job experiences)
3. Goals: Aims/Outcomes-
1.Describe how investment in people leads to economic growth.
2. Analyze economic growth
3.Evaluate human capital
4.Evaluate health, education, and training of people as investments in human capital.
4. Objectives-
Describe how investment in human capital such as health, education, and training of people leads to economic growth.
2.Analyze the benefits people receive from employment
3.Evaluate how human capital impacts an individual.
5.Compare and contrast jobs without human capital benefits.
5. Materials and Aids-
PowerPoint "Characteristics Of A Market Economy"
PowerPoint"Human Capital: Why Invest In People?"
Docucam Jobs information sheet
6. Procedures/Methods-

A. Introduction-

1.Review Key Economic Vocabulary Terms
2.Introduce new concepts and vocabulary
3.Essential Questions: What is human capital? How does it impact an individual? How does it impact a society?
4.Essential Questions: What is human capital? How does investment in human capital lead to economic growth?

B. Development-

1.Students answer Socratic questioning using Higher Order Thinking Skills (HOTS)
2.Teacher provides examples of types of human capital.
3.Teacher provides analysis business investment choices.
4. Teacher discusses training of people and need for higher education.

C. Practice-

1.Students analyze human capital
2.Students evaluate job related benefits
3.Teacher discuss economic growth with relation to human capital investments

D. Independent Practice-

1.Students give examples human capital
2.Students evaluate different post secondary educational decisions
3.Students discuss the negative aspects of lack of human capital investments

E. Accommodations (Differentiated Instruction)-

1.Write on whiteboard sample budget
2.Pair SPED students with peer tutor
3.Reduce for SPED students amount of vocabulary to key terms
Adapt and modify lesson plan as per SPED student's IEP

F. Checking for understanding-

1.Formative assessment on Human Capital

G. Closure-

1.Review Big Ideas:Investment in human capital is necessary for economic growth and development.
7. Evaluation-
1.Quiz (EPO)UW.G7.5SS.C2.PO2 Economics Quiz on Human Capital and the Economy
8. Teacher Reflection-
Hopefully students will realize the importance of investing in human capital.

This Lesson Plan is available at (