Feb 4 - 8
Monday:
- Undercover Economist Chap 2
Quiz
- Discussion on UE Chap 2
- Notes on Elasticity Part 2
- Elasticity Worksheet (same
one as Friday, except now do the back using Total Revenue Test)
- TR, MR, Ed for a Downward Sloping Curve/Example of
Finding Equilibrium/Practice Exercises/Is Demand Elastic (Stone 53, 58, 73, 75)
Tuesday:
- 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
Wednesday:
- Summary Due – Sect 9: Mod 49 & 50
- Discuss Excise Taxes
- Excise Taxes (Activity 2-6)
- Talk about Elasticity
- Prep for quiz
Thursday:
- Notes on Surplus, Efficiency and Deadweight Loss
- Surplus Worksheets (pages
55 and 56)
- Evaluating an Excise Tax (Stone 81)
Friday:
- Summary Due – Section 9: Mod 51
- Elasticity
Quiz
- Seven
CS/PS/DWL Graphs Game (Draw ONE AT A TIME ON BOARDS AND SCORE AFTER EACH)
- Review old work, catch up, make up missing
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