AP Microeconomics Week of 8/26/19

We are wrapping up our 1st unit this week and having a test on Sept. 3rd; look at the unit plan below to guide your study; remember we added utility to unit 1 to line up with AP

AP ECON UNIT 1 PLANS

MON-Work practice multiple choice and FRQs in class

TUE-We have a senior lesson to complete with the counselors today

After that we will continue reviewing for our test

WED-This is an early release day

Circular flow worksheet on how money and goods flow through the economy

We’ll review for our test by drawing on small whiteboards

THUR-Circular flow worksheet on how money and goods flow through the economy

Continue review for test

FRI-Quiz on Naked Economics Chapters 2 and 6 (can use handwritten notes); 1/2 classes before senior meeting, plenty of time for quiz

Senior class meeting with Herff Jones 1st @ 9:25

 

Test #1 Basic Economic Concepts will be Tuesday, September 3rd; sorry, hectic schedule this week and can’t see getting it in; 3 day weekend to study!  Woo!

Honors Economics Week of 8/26/19

We are wrapping up our unit 2 on microeconomics this week

Also make sure you have read Chapter 1 from Naked Economics by test day

MON-Video on Greed in the economy

Article with questions on prescription drug prices in America

TUE-Counseling lesson for a good part of the class

Continue notes on market structures

Get unit 2 problem set

WED-Touchstone quiz on Unit 2

Early release day, short class

THUR-Unit 2 problem set is due; grade in class

Practice problems on supply, demand, equilibrium, elasticity, etc.

FRI-Test #2 on microeconomics

AP Microeconomics Week of 8/19/19

*Make sure you have signed up for the AP Classroom using the join code shared in class.  We will do assignments on there starting this week.

MON-Notes on marginal utility and the law of diminishing marginal utility

Practice problems calculating the utility-maximizing combination in purchasing goods

TUE-Notes on marginal utility and the law of diminishing marginal utility

Practice problems calculating the utility-maximizing combination in purchasing goods

Receive Unit 1 problem set-due on Friday for both classes

WED-Continue practice problems on utility and marginal analysis

Quiz on utility maximization

Unit 1 progress check on AP Classroom will open at end of 3rd period–both are due by the start of the school day on Friday

THUR-Continue practice problems on utility and marginal analysis

Quiz on utility maximization

FRI-Problem sets are due; grade in class

Unit 1 Test on Monday 8/26

Honors Economics Week of 8/19/19

MON-Quiz on supply

Notes on equilibrium

Sheet to plot supply and demand curves and analyze shifts

Video clips on changes in prices and quantities

TUE-Practice equilibrium on whiteboards

Quiz on equilibrium

Notes on elasticity of demand and supply

Practice calculating elasticity of demand and classifying the answers

WED-Quiz on elasticity

Graphic organizer on comparing the business organizations:  sole proprietorships, partnerships, and corporations

Video clip on the start of Apple Computer and its move to being a corporation

Analyze stocks of publicly traded corporations

THUR-Quiz on business organizations

Graphic organizer on comparing the market structures:  perfect competition, monopolistic competition, oligopoly, and monopoly

Video clip on antitrust case against Microsoft in the 1990s

FRI-Continue analyzing the 4 market structures

Video on the maple syrup federation in Canada and its cartel-like status

View advertisements from companies in oligopolies and monopolistic competition

AP Microeconomics Week of 8/12/19

MON-Review the production possibilities curve

Quiz on the PPC

Sheet to calculate absolute and comparative advantage in international trade

Practice different formats for calculating absolute and comparative advantage

TUE-Review the production possibilities curve

Quiz on the PPC

Sheet to calculate absolute and comparative advantage in international trade

Practice different formats for calculating absolute and comparative advantage

WED-Continue practice on absolute and comparative advantage in trade

Work previous FRQs for practice

THUR-Continue practice on absolute and comparative advantage in trade

Work previous FRQs for practice

FRI-Quiz on absolute and comparative advantage

Honors Economics Week of 8/12/19

MON-Unit 1 Touchstone Quiz

Grade Unit 1 problem sets in class

Review for test

TUE-Unit #1 Test

Circular flow model of money and goods/services through the economy diagram

WED-Economics pre-test

Quiz on the circular flow

Notes on demand

Worksheet on plotting and analyzing demand curves

THUR-Quiz on demand

Notes on supply

Worksheet on plotting and analyzing supply curves

FRI-Quiz on supply

Notes on equilibrium of supply and demand and the impact of shifts

Worksheet on plotting and analyzing supply and demand curves

AP Microeconomics Week of 8/5/19

MON-Continue notes on economic fundamentals and marginal analysis

Video clips on marginal benefit and marginal cost of actions

Notes on economic systems such as traditional, command, market, and mixed  economies

TUE-Continue notes on economic fundamentals and marginal analysis

Video clips on marginal benefit and marginal cost of actions

Notes on economic systems such as traditional, command, market, and mixed  economies

WED-Quiz on economic fundamentals such as scarcity, opportunity cost, factors of production, marginal analysis economic questions, resource allocation, and economic systems

Activity to illustrate production possibilities curves

Notes and video clip on production possibilities curves

Guided practice sheet on PPCs

THUR-Quiz on economic fundamentals such as scarcity, opportunity cost, factors of production, marginal analysis, economic questions, resource allocation, and economic systems

Activity to illustrate production possibilities curves

Notes and video clip on production possibilities curves

Guided practice sheet on PPCs

FRI-Quiz on production possibilities curves

Video on college expenses

Worksheet to apply the concepts of opportunity cost

Honors Economics Week of 8/5/19

MON-Quiz on introduction to economics

Notes on economic systems and economic goals

Graphic organizer comparing the economic systems on different criteria such as consumer sovereignty, private property, etc.

Compare and contrast different strategies for allocating scarce resources

TUE-Quiz on economic systems

Activity to simulate production possibilities

Notes on the PPC graph and a video clip

Guided practice on the PPC

WED-Quiz on the production possibilities curve

Graphic organizer to compare private, public, common, and natural monopoly goods

Notes on the role of government in the economy and the regulatory agencies

THUR-Quiz on the role of government in the economy

Video clip on government regulation of Microsoft in the 1990s

FRI-John Stossel Goes to Washington video on the role of government

Article with questions on the government safety net

Unit 1 Problem Sets are due on Monday

Unit 1 Touchstone Quiz on Monday

Unit 1 Test on Tuesday