Economics Unit One: Fundamentals

We will have weekly vocabulary quizzes, with the first being on Friday, 12 January. Our unit test will be administered on Tuesday, 14 August. Please check Schoology for all associated assignments, lecture notes, and quizzes (sign-up code: 97TX2-MBH4T).

In this unit, students will:

  • Explain why limited productive resources and unlimited wants result in scarcity, opportunity costs, and trade-offs for individuals, businesses, and governments
  • Compare marginal benefits and marginal costs to explain rational decision making
  • Explain how specialization and voluntary exchange influence buyers and sellers
  • Compare and contrast different economic systems and how each answers the three economic questions of what to produce, how to produce and for whom to produce
  • Describe the roles of government in the United States economy
  • Explain how productivity, economic growth, and future standards of living are influenced by investment in factories,machinery, new technology, and the health, education, and training of people

Topic Agenda (and associated assignments):

  • 8/2-8/3: Scarcity, Trade-offs, and Opportunity Cost
  • 8/6: Rational Decision Making and Marginal Analysis
  • 8/7-8/8: Economic Systems and the Broad Social Goals of Economics
  • 8/9: Lab to Budget Project Introduction
  • 8/10: The Role of Government in Economics
  • 8/13: Specialization, Productivity, and the Production Possibilities Curve
  • 8/14: Unit One Test

Welcome to Economics!

Economics is the study of how individuals satisfy their wants and needs, how goods and services are produced as well as a study of how nation’s economies interact with other economies.

I will use Remind to stay in contact outside of class, so please sign up by texting @econwhite to 81010. I will reward students that sign up for the class Remind account with 5 extra points on the first unit test.

Finally, all materials and quizzes from class will be posted to the Wheeler Economics Schoology page. To gain access to the Schoology, please use the following code to join:



AP Economics LaunchPad for Online Textbook

Dear Students,

My online course is open for student registration. Follow these steps to get started. If you need additional guidance, consult the support site, especially the system requirements which list recommended browsers.

Go to

Bookmark the page to make it easy to return to (although note that the URL will look different due to security measures).

Enroll in this course using one of the following options:

If you have an access code, select “I have a student access code”, enter the code exactly as it appears on the card, and click Submit.

If you don’t have an access code, either purchase a text package that includes one OR click “I want to purchase access” and follow the instructions.

If you need to start working but can’t purchase right away, select “I want temporary access” and follow the instructions. Please note: Your grades are linked to your Launchpad account username (email address). If you use temporary access, make sure you purchase or register your code using the same email address for your paid access.

If you have problems registering, purchasing, or logging in, please contact Customer Support.

You can reach a representative 7 days a week:

  • through the online form
  • by chat
  • by phone at (800) 936-6899

Looking forward to seeing you in class!

Matthew White

Welcome to AP Economics!

Welcome to AP Economics! We will be actually be covering two courses in one this semester, as well fully cover the AP Micro- and Macroeconomics courses. Upon completion of the course, you will have the option to take the AP Microeconomics or Macroeconomics Exam, or both.

I will primarily post information, notes, and handouts from class on my Google Classroom. To join the Google Classroom, go to and log in with either your or email address. You will then need to enter the following class code: 9q3ny8.

You will be completing homework associated with reading the textbook through LaunchPad. Please keep an eye out for another blog post with instructions on how to sign up for and access your textbook and LaunchPad.

In addition to being attached below, I have attached the syllabus and key skills and concepts necessary to succeed to the “About” section of the Google Classroom. Please also check the class Google Calendar frequently for upcoming units, topics, assessments, and deadlines. This course’s schedule is tentative and is subject to change at the instructor’s discretion.

All Economics students must take the Georgia Milestones EOC at the end of the course. The Georgia Milestones Economics EOC for this course is tentatively scheduled for Monday and Tuesday, 10 December and 11 December.

Finally, I will be using both Remind and the announcement function in Google Classroom to communicate with you outside of the classroom. By signing up for the Remind account, you will earn 5 bonus points on your first test. To sign up, text @whsapecon to 81010.

AP Syllabus 18-19


Government Unit 3: The Legislative Branch

Unit 3 will cover the legislative branch of the US Government. We will have a quiz on Thursday, 19 April, and our unit test on Monday, 23 April.


Political Ideology Webquest

Directions: Complete all of the following, and record your responses on your own paper. These questions will help you determine your personal political ideology and will be collected at the end of class for a grade.

  1. Go to, click on Self-Test, and complete the questions.
    1. Record your results by drawing where you fall on the side or back of this paper.
  2. Go to, read the introduction and then Begin Quiz. This quiz will give you much more detailed results.
    1. Write down your results below. What does it mean to be in that category?
  3. Go to
    1. Complete the quiz, including all the additional drop-down questions. (The more specific your answers are, the more accurate your results will be!)
    2. Write down your results below.
      1. Which party matches your ideas the closest?
      2. Which candidate was your top match? What about 2nd closest match?
  4. Go to
    1. Write down the top 2 individuals you matched closest and the party(s) to which they belong.
    2. Which candidate did you disagree with the most, and what party is that individual?
  5. What did your results indicate about your political ideology? Are you more liberal, conservative, moderate, libertarian, anarchist, etc.?
  6. Which political party’s views most closely matched yours?
  7. Were your results what you were expecting? Explain why or why not.
  8. Were the results fairly consistent, or not? If not, why might this be the case?

Government Unit 2: Political Behavior, Voting, and Elections

We will have a quiz on Tuesday, 4/10, and our unit test on 4/12.

unit-2-packet-and-vocab (Please see Mr. White for a copy of the packet.)