AP Microeconomics Week of 9/30/19

This week we’ll continue in unit 2 on supply and demand.  See the major topics from our unit plan and the AP Course overview below.

AP ECON UNIT 2 PLANS

https://apcentral.collegeboard.org/pdf/ap-microeconomics-course-a-glance.pdf?course=ap-microeconomics

Also, we are reading Chapter 1 in Naked Economics.  We will have the reading quiz next week.

MON-Notes on elasticity:  demand, supply, cross, and income

Practice problems computing the different elasticities and classifying your number answers

TUE-Notes on elasticity:  demand, supply, cross, and income

Practice problems computing the different elasticities and classifying your number answers

WED-Quiz on elasticity:  demand, supply, cross, and income

Notes on consumer and producer surplus and efficiency

Graph, label, and compute consumer, producer, and total surplus and also deadweight loss

THUR-Quiz on elasticity:  demand, supply, cross, and income

Notes on consumer and producer surplus and efficiency

Graph, label, and compute consumer, producer, and total surplus and also deadweight loss

FRI-Quiz on consumer, producer, and total surplus

Notes on the implications of taxes on the market

Honors Economics Week of 9/30/19

This week we’ll begin our study of international economics.  Refer to those standards from the document below.

https://www.georgiastandards.org/Georgia-Standards/Documents/Social-Studies-Economics-Georgia-Standards.pdf

Chapters 11 and 12 from Naked Economics go with this 4th unit.

MON-Notes on absolute and comparative advantage and why it’s beneficial for countries to trade

Practice problems computing who has the absolute and comparative advantage for products

TUE-Quiz on absolute and comparative advantage

Notes on exchange rates and how they work

Calculate exchange rates between foreign currencies and identify why they fluctuate

WED-Quiz on exchange rates

Notes on international trade organizations and trade barriers such as tariffs, quotas, embargoes, etc.

Inquiry design lesson on international trade

THUR-Unit 4 problem sets are due; grade in class

Unit 4 Touchstone quiz on international economics

Continue inquiry design lesson on trade

FRI-Test #4 on international economics

AP Microeconomics Week of 9/16/19

We’ll continue in unit 2 this week on supply and demand.  Our unit plan containing standards and topics is below.

AP ECON UNIT 2 PLANS

MON-Continue notes on equilibrium, supply and demand shifts, and price and quantity controls

Draw supply and demand shifts and determine the effects on equilibrium price and quantity

Practice sheet analyzing supply and demand movements

TUE-Continue notes on equilibrium, supply and demand shifts, and price and quantity controls

Draw supply and demand shifts and determine the effects on equilibrium price and quantity

Practice sheet analyzing supply and demand movements

WED-Quiz on equilibrium, supply and demand shifts, and price and quantity controls

Notes on elasticity of demand and supply

Calculate elasticity of demand and supply and classify as elastic, inelastic, or unit elastic

THUR-Quiz on equilibrium, supply and demand shifts, and price and quantity controls

Notes on elasticity of demand and supply

Calculate elasticity of demand and supply and classify as elastic, inelastic, or unit elastic

FRI-Government Test

Honors Economics Week of 9/16/19

This week we’ll wrap up our 3rd unit on macroeconomics.  Refer to the standards from the document below.

https://www.georgiastandards.org/Georgia-Standards/Documents/Social-Studies-Economics-Georgia-Standards.pdf

MON-Continue notes on taxes and fiscal policy

Apply fiscal policy solutions to given economic conditions

Receive unit 3 problem sets; due on Friday

TUE-Budget deficit simulation:  in groups see how much you’d trim the deficit over a 10 year period by analyzing principles and priorities for government spending and taxes

Receive economics debates topics and begin research

WED-Quiz on taxes and fiscal policy

Continue to research debate topics

THUR-Unit 3 Problem Sets are due

Unit 3 Touchstone quiz

Grade problem sets in class

FRI-Unit 3 Test on Macroeconomics

 

AP Exam Registration and Payment

The deadline to sign up and pay for the AP Microeconomics exam is September 20th which is less than 2 weeks from now.  Everyone should be signed up through AP Classroom already.  The second step to complete is paying for the exam.  That is done through the link below.  When you do this, you’ll also need the join code for your AP Classroom class.  I’ll provide that to you in class and have provided it to your parents in an e-mail also.

https://user.totalregistration.net/AP/111734

 

 

AP Microeconomics Week of 9/9/19

This week we’ll continue the 2nd unit on supply and demand.  See unit 2 from the course at a glance below.

https://apcentral.collegeboard.org/pdf/ap-microeconomics-course-a-glance.pdf?course=ap-microeconomics

MON-Quiz on demand

Notes on supply, law of supply, and determinants that shift the supply curve

Practice sheet to apply the concepts of supply

TUE-Quiz on demand

Notes on supply, law of supply, and determinants that shift the supply curve

Practice sheet to apply the concepts of supply

WED-Quiz on supply

Notes on equilibrium, effects of shifts in supply and demand, and price ceilings and floors

Practice sheet to apply the concepts of equilibrium

THUR-Quiz on supply

Notes on equilibrium, effects of shifts in supply and demand, and price ceilings and floors

Practice sheet to apply the concepts of equilibrium

FRI-Quiz on equilibrium

Notes on elasticity of supply and demand

Honors Economics Week of 9/9/19

This week we continue the macroeconomics unit.  See the standards that go with it below.

https://www.georgiastandards.org/Georgia-Standards/Documents/Social-Studies-Economics-Georgia-Standards.pdf

MON-Continue notes on money and inflation

Video clip on the history of money

Activity on who’s hurt or helped by inflation

TUE-Quiz on inflation

Notes on the Federal Reserve and monetary policy

Work through scenarios of monetary policy being applied to economic conditions

WED-Continue notes on the Federal Reserve and monetary policy

Video clips on monetary policy as applied to the Great Recession

THUR-Quiz on the Federal Reserve and monetary policy

Notes on the different tax structures

Calculate taxes from the different structures

FRI-Notes on fiscal policy

Apply fiscal policy to economic scenarios and predict their outcomes

AP Microeconomics Week of 9/2/19

After the test on fundamentals on Tuesday we’ll be starting the 2nd unit on supply and demand.  See unit 2 from the course at a glance below.

https://apcentral.collegeboard.org/pdf/ap-microeconomics-course-a-glance.pdf?course=ap-microeconomics

MON-Labor Day

TUE-Test #1 for all classes

WED-Notes on demand and the income and substitution effects

THUR-Complete notes on demand

Video clips on fads and demand

Practice sheet plotting and interpreting demand curves

FRI-Complete notes on demand

Video clips on fads and demand

Practice sheet plotting and interpreting demand curves

*Quiz next Mon/Tue on demand and income and substitution effects

 

 

Honors Economics Week of 9/2/19

This week we’re starting the macroeconomics unit.  See the standards that go with it below.

https://www.georgiastandards.org/Georgia-Standards/Documents/Social-Studies-Economics-Georgia-Standards.pdf

MON-Labor Day

TUE-Notes on GDP and the business cycle

Practice problems calculating the GDP given spending category totals

Practice sheet to classify items as in the GDP or not and what category of spending they fall into

WED-Quiz on GDP and the business cycle

Notes on unemployment

Practice sheet calculating the unemployment rate and classifying the different types of unemployment

THUR-Quiz on unemployment

Inflation simulation

Video clip on historical inflation examples

Notes on inflation

Practice problems to calculate the CPI and inflation rate

FRI-Quiz on inflation

Notes on money, banking, and the Federal Reserve System