- Chap
20 Summary
- Notes
on Costs of Production
- Costs
of Production Game/Review
- Profit Review Sheet w/ Profit Definition Exercise
- Profit Expressions Worksheet
Tuesday:
- UE
Chap 3 Quiz
- Discussion
on UE 3
- Notes
on Short Run Costs of Production
- Worksheet on Same – Done in Class (Productivity and Cost Exercise #1 x2 – Stone 94,95)
- Worksheets on Same – Done for Homework (Productivity and Cost Exercise #2, #3 and questions on 1&2 – Stone 96, 97)
Wednesday:
- Review
yesterday’s worksheets
- Notes
on Graphing Costs (No ppt, graphs on board) (Stone 102)
- Understanding
the Different Cost Measures of a Firm (Activity 3-3)
- Discuss how profit is found on both graphs.
- Worksheet on Graphing Costs
Thursday:
- Chapter
21 Summary Due
- Marshmallow Towers Demonstration
- Quiz on Graph Reading (If time)
Friday:
- Go
over quiz/work from Yesterday
- Notes
on Long Run Prod Costs
- A Firm’s Long-Run Average Total Cost (Activity 3-4)
- Finding Profit in General - Baumann