AP Microeconomics Week of 10/30/17

MON-Notes on costs for the firm in the short run

Calculate total, marginal, and average costs for the firm in the short run

Analyzes graphs of costs for the firm in the short run

TUE-Notes on costs for the firm in the short run

Calculate total, marginal, and average costs for the firm in the short run

Analyzes graphs of costs for the firm in the short run

WED-Quiz on short-run production and cost for the firm

Correct Unit 2 tests (45 min.)

THUR-Quiz on short-run production and cost for the firm

Correct Unit 2 tests (45 min.)

FRI-Notes on costs for the firm in the long run

Graph long run costs for the firm

Quiz first class next week on long run costs

Quiz first class next week on Chapter 1 of Naked Economics

 

 

Honors Economics Week of 10/30/17

MON-Quiz Chapter 5 Naked Economics

Review quizzes on circular flow, business organizations, and market structures

Review for test by drawing supply/demand graphs on small whiteboards

TUE-Unit 2 problem set due

Unit 2 Test

WED-Notes on GDP and the business cycle

Calculate GDP given its components, classify different items into categories for GDP

THUR-Quiz on GDP and business cycles

Notes on unemployment and inflation

Classify unemployed people into the correct categories; calculate the unemployment rate

Inflation simulation and inflation video clip

FRI-Quiz on unemployment and inflation

Notes on taxes and fiscal policy

Simulation in groups on the federal budget

AP Microeconomics Week of 10/23/17

MON-Unit #2 multiple choice test

Unit 2 graphs due

TUE-FRQ portion of test for Tue/Thur classes

WED-FRQ portion of test for Mon/Wed classes

THUR-Notes on the production function, diminishing marginal returns

Chart and graph practice on production

FRI-Notes on the production function, diminishing marginal returns

Chart and graph practice on production

Honors Economics Week of 10/23/17

MON-Notes on equilibrium of supply and demand, price ceilings, price floors

Sheet to practice equilibrium of supply and demand

TUE-Quiz on equilibrium

Quiz on Chapter 2 of Naked Economics book

Notes on elasticity of demand

Notes on money and the circular flow model

WED-Quiz on money and the circular flow

Bring books to class:  graphic organizer on business organizations

Video clips on business organizations, Apple Computer

THUR-Quiz on business organizations

Bring books to class:  graphic organizer on market structures

Video clips on market structures, Microsoft

FRI-Quiz on market structures

Review for test on next Monday on Unit 2

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