AP Microeconomics Week of 10/16/17

MON-Go over consumer behavior quizzes:  elasticity, utility, surplus

Notes on the implications of international trade on market equilibrium

Receive Unit #2 problem sets:  both groups

FRQs to practice trade implications

TUE-Go over consumer behavior quizzes:  elasticity, utility, surplus

Notes on the implications of international trade on market equilibrium

FRQs to practice trade implications

WED-Quiz on international trade graphs:  exports, imports, tariffs

Unit #2 practice multiple choice questions

Unit #2 FRQ practice questions

THUR-Quiz on international trade graphs:  exports, imports, tariffs

Unit #2 practice multiple choice questions

Unit #2 FRQ practice questions

FRI-Unit #2 problem sets are due; grade in class

Review for test on white boards

Unit #2 Test on Monday 10/23

Honors Economics Week of 10/16/17

MON-Unit #1 problem sets due, grade in class

Unit #1 Test on Fundamental Economic Concepts

TUE-NE Chapter 6 quiz; can use handwritten notes

Notes on demand, the law of demand, demand curves, and determinants of demand

Video clip on demand for designer jeans in the 80s

Worksheet practicing plotting demand curves, analyzing shifts

WED-Quiz on demand

Notes on supply, the law of supply, supply curves, and determinants of supply

Video clip on oil supplies

Worksheet practicing plotting supply curves, analyzing shifts

THUR-Quiz on supply

Equilibrium simulation

Notes on equilibrium of supply and demand, effect of supply/demand shifts on equilibrium

Video clip on baseball player salaries as related to supply/demand/equilibrium

Worksheet practicing plotting equilibrium, analyzing shifts

FRI-Notes on price ceilings and price floors

Video clips on price gouging laws and price controls on prescription drugs

Draw supply and demand curves based on newspaper headlines

Quiz Monday on equilibrium of supply and demand

AP Microeconomics Week of 10/9/17

MON-Notes on the implications of taxes on the market

Graph supply and demand with taxes and analyze the effects on price, quantity, consumer, producer, and total surplus; also calculate tax revenue and deadweight loss

Work FRQs on taxes

TUE-Notes on the implications of taxes on the market

Graph supply and demand with taxes and analyze the effects on price, quantity, consumer, producer, and total surplus; also calculate tax revenue and deadweight loss

Work FRQs on taxes

WED-1st Period will not have class due to Senior Summit/PSAT day

3rd period will have class; we will increase our utils by analyzing business ideas in an episode of Shark Tank

THUR-This is an early release day; shorter classes=more utils

Quiz on consumer, producer, and total surplus along with deadweight loss and the implications of taxation

Begin notes on international trade and its implications on a supply and demand graph

FRI-Quiz on consumer, producer, and total surplus along with deadweight loss and the implications of taxation for the Monday class group

Begin notes on international trade and its implications on a supply and demand graph

Honors Economics Week of 10/9/17

MON-Review PPCs

Notes on public and private goods, externalities, and the role of the government

Video clips on public goods and externalities

View websites of key government regulatory agencies:  FDA, CPSC, EEOC, FCC, EPA, FTC, etc.

TUE-Quiz on production possibilities curves

Quiz on Chapter 2 of Naked Economics on incentives

Complete notes on public and private goods, externalities, and the role of the government

Receive Unit 1 problem sets

WED-PSAT/Senior Summit day; we won’t have class

THUR-We will take our economics pre-test assessment in a computer lab

Quiz on public/private goods, externalities, and the role of the government

FRI-Complete notes on public and private goods, externalities, and the role of the government

View websites of key government regulatory agencies:  FDA, CPSC, EEOC, FCC, EPA, FTC, etc.

Unit #1 problem set is due on Monday; Unit #1 test is on Monday

AP Microeconomics Week of 10/2/17

MON-Continue practice problems on total and marginal utility and the utility maximizing rule

Work previous FRQs on utility

TUE-Continue practice problems on total and marginal utility and the utility maximizing rule

Work previous FRQs on utility

WED-Quiz on total and marginal utility and the utility maximizing rule

Notes on consumer, producer, and total surplus

THUR-Quiz on total and marginal utility and the utility maximizing rule

Notes on consumer, producer, and total surplus

FRI-Supply and demand and surplus FRQ practice problems

Honors Economics Week of 10/2/17

MON-Lecture on the basics of economics, factors of production, scarcity, opportunity cost, and marginal analysis

Video clip on marginal analysis

Handout and discussion of economic goals

TUE-Quiz on intro to economics/economic goals

Notes on economic systems and how they answer economic questions and meet economic goals

Video clips on economic systems around the world

WED-Quiz on economic systems

Activity to show production possibilities

Notes on production possibilities/video clips

Practice sheet on graphing/interpreting production possibilities curves

THUR-Quiz on production possibilities

Notes on the role of government, public goods and market failures

Research government regulatory agencies

FRI-Video with questions:  John Stossel Goes to Washington on the different roles of government

 

 

AP Microeconomics Week of 9/18/17

MON-Complete notes on elasticity of demand and supply and cross and income elasticity

Work practice problems/FRQs on the different elasticity formulas

TUE-Complete notes on elasticity of demand and supply and cross and income elasticity

Work practice problems/FRQs on the different elasticity formulas

WED-Quiz on price elasticity of demand, elasticity of supply, cross elasticity of demand, and income elasticity of demand

Notes on total and marginal utility and the utility maximizing rule

Practice problems using the utility maximizing rule

THUR-Quiz on price elasticity of demand, elasticity of supply, cross elasticity of demand, and income elasticity of demand

Notes on total and marginal utility and the utility maximizing rule

Practice problems using the utility maximizing rule

FRI-Continue practice on the utility maximizing rule with FRQ problems

Quiz on utility and the utility maximizing rule