Monday:
- Undercover Economist Chap
2 Quiz
- Discussion on UE Chap 2
- Notes on Elasticity Part 3
- Elasticity in the Real
World Worksheet (l4, A20) & Stone 68
- Go over any old worksheets that we need to go over
Tuesday:
- Discuss Excise Taxes
- Excise Taxes (Activity 2-6)
- Talk about Elasticity
- Prep for quiz
Wednesday:
- Elasticity
Quiz
- Review old work, catch up, make up missing
Thursday:
- Notes on Surplus, Efficiency and Deadweight Loss
- Pearl Exchange Activity
- Seven CS/PS/DWL Graphs Game
- Surplus Worksheets (pages 55 and 56)
- Evaluating an Excise Tax (Stone 81)
Friday:
- Return/Review
Quiz Retake
- Discussion
Questions
- Diminishing
Marginal Utility Example (Candy)
- Notes
on Marginal Utility (Ch. 19)
- Consumer
Equilibrium Examples (Stone 85)
- Unit
Checksheet
- Review for Test
Monday:
- UE Ch1
Quiz
- Discuss
UE Ch 1
- Review
S&D Determinants Quiz
- S&D
Practice Quiz (Stone 37 & 38)
- Going
over Quiz (Student Graded)
- Shifts in Supply and Demand (Activity 1-9)
Tuesday:
- Quiz
on D&S
- Retake
of S&D Determinants Quiz
- How Markets Allocate Resources (Activity 2-1)
Wednesday:
- Notes
– Floors & Ceilings
- Stossel
- Price Gouging
- Stossel
– Minimum Wage
- Price
Controls Worksheet
- Maximum and Minimum Price Controls (Activity 2-7)
Thursday:
- Chapter
19 Summary Due
- Notes
on Elasticity Part 1
- Elasticity
Worksheet
- Elasticity
an Introduction (Activity 2-3)
- Go over S&D Quiz
Friday:
- Notes on Elasticity Part 2
- Elasticity Worksheet (same
one as yesterday, except now they can do it using Total Revenue Test) (go
over in class)
- TR, MR, Ed for a Downward Sloping Curve/Example of
Finding Equilibrium/Practice Exercises/Is Demand Elastic (Stone 53, 58, 73, 75)
Monday:
- Talk
about Book – Undercover Economist
- Go
Over Unit 1 Test
- Explain Test Corrections
Tuesday:
- Chap 3
Summary Due
- Lecture
on Demand
- Determinants
of Demand Work
- Demand Worksheet (Activity 1-4)
Wednesday:
- Notes
on Supply
- Determinants
of Supply
- Supply Worksheet (Activity 1-6)
Thursday:
- Chap
18 Summary Due
- Equilibrium
Prices Notes
- Stossel
in the Classroom Video – “Costs of “Free” Healthcare (2009)
- Reasons
for Changes to Supply Worksheet
- Reasons
for Changes to Demand Worksheet
- Equilibrium Price Worksheet
Friday:
- S&D
Determinants Quiz
- Market
in Wheat Simulation
- Equilibrium Price and Equilibrium Quantity (Activity
1-8)
Monday:
- Chap 2
Summary Due
- PPC Quiz
- Notes
on Economic Systems
- Stossel
Video on “The Role of Freedom in Prosperity
- Stossel
Video on “Economic Freedom in the US, Hong Kong and India
- Circular Flow Worksheets
Tuesday:
- Win-Win
Trading Game
- Notes
on Comparative Advantage
- Stossel
Video “Does Outsourcing Hurt the U.S.” (Stossel Macroeconomics)
- Sanchez-
Martin/Ukraine-Croatia Worksheet (together in class)
- Four
More Comp. Adv and Opp. Cost Worksheets for various countries (homework)
Wednesday:
- Review
Second set of Comp Adv. Worksheets
- Comparative
Advantage Quiz
- Unit
Check Sheet
- Study
Guide
Thursday:
- Go
over Comparative Advantage Quiz
- Review
for Test
- Finish Work for Unit
Friday:
- Last
Minute Review
- Test
- Classwork
Due
