Feb 5-9

Monday:

1. Undercover Economist Chap 3 Quiz
2. Discussion on UE Chap 3
3. Summary Due
4. Notes on Elasticity Part 1
5. Elasticity Worksheet
6. Elasticity an Introduction (Activity 2-3)

Tuesday:

1. Notes on Elasticity Part 2
2. Elasticity Worksheet (same one as yesterday, except now they can do it using Total Revenue Test) (go over in class)
3. TR, MR, Ed for a Downward Sloping Curve/Example of Finding Equilibrium/Practice Exercises/Is Demand Elastic (Stone 53, 58, 73, 75)

Wednesday:

1. Notes on Elasticity Part 3
2. Elasticity in the Real World Worksheet (l4, A20) & Stone 68
3. Go over any old worksheets that we need to go over

Thursday:

1. Chapter 19 Discuss Excise Taxes
2. Excise Taxes (Activity 2-6)
3. Talk about Elasticity
4. Prep for quiz

Friday:

1. Elasticity Quiz
2. Notes on Surplus, Efficiency and Deadweight Loss
3. Surplus Worksheets (pages 55 and 56)
4. Evaluating an Excise Tax (Stone 81)