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

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