Monday, October 30, 2017

Oct 30 - Nov 3

Monday:
  1. UE Chap 8 – Quiz
  2. UE Chap 8 – Discussion
  3. Review Labor Chart Part 1
  4. Notes on the Supply Side of Labor
  5. The Only Game in Town (Activity 4-3)
  6. Factor Market Pricing (Activity 4-4)
Tuesday:
  1. Go over old work
  2. The Story of Economic Rent (Activity 4-50)
  3. Problems Dealing with Factor Markets (Activity 4-7)
Wednesday:
1.     Chap 34 Summary Due
2.  Practice AP Questions

Thursday:
1. Labor Market Quiz
2. Review

Friday:
  1. Unit 4 Test – Written

Friday, October 20, 2017

October 23 - 27

Monday:
1. Unit 3 Test - Written

Tuesday:
1. Unit 3 Test - Multiple Choice
2. Unit 3 Class Work Due

Wednesday:
  1. UE Chap 7 – Quiz
  2. Discuss UE Chap 7
  3. Review Unit 3 Test
Thursday:
  1. Play Finish Strong Video
  2. Chapter 25 Summary Due
  3. Notes Resource Demand
  4. “As the Circular Flow Turns” (Lesson 1, Activity 43)
  5. Profit Maximizing Amount of Labor #1 & #2
Friday:
  1. Chapter 26 Summary Due
  2. Review Work from Yesterday
  3. Notes on Resource Demand – Part 2
  4. How Many Workers Should a Firm Hire (Stone)
  5. How Many Workers Should a Firm Hire (Activity 4-1)

Monday, October 16, 2017

Monopolistic Competition

Here is the power point about Monopolistic Competition from last Friday:

Monopolistic Competition.


October 16 - 20

Monday:
  1. UE Chap 6 Quiz
  2. UE Chap 6 Discussion
  3. Chap 30 Summary Due
  4. Split or Steal Balls Video
  5. Notes on Oligopolies
  6. Work on Oligopolies
  7. Pg 465-466: Questions 1-6, 10 and 11
Tuesday:
  1. Notes on Game Theory and Oligopolies
  2. Work on Game Theory
  3. NB Check Sheet
Wednesday:
1. Practice AP Questions
2. Review for test

Thursday:
1. Test Written

Friday:
1. Test MC
2. Classwork Due


Friday, October 6, 2017

October 9-13

Monday:
  1. UE Chap 5 Quiz
  2. Discuss UE Ch 5
  3. Monopoly Part 1
  4. MR Less than DARP Question
  5. Practice Reading/Drawing Mono graphs
  6. Go over old worksheets (as needed)
  7. Monopoly Worksheets
  8. New graph work on Monopolies
Tuesday:
  1. Discuss old work/review Monopoly and PC graphs
  2. Notes on Monopoly part 2
  3. Monopoly Work
  4. Go over PC Quiz
Wednesday:
  1. Discuss old work/review Monopoly graphs
  2. Quiz on Monopoly and PC graphs
  3. Quiz on Monopoly graphs
  4. Start Monopoly Part 3 if time permits
Thursday:
  1. Chap 23 Summary Due
  2. Notes on Monopolies – Day 3
  3. Price Discrimination (Activity 3-13)
  4. Regulating a Monopoly (Activity 3-14)
  5. Go over quiz from yesterday (if time)
Friday:
  1. Notes on Monopolistic Competition
  2. Monopolistic Competition (Activity 3-16)
  3. Review old Work as needed

Monday, October 2, 2017

October 2 - 6

Monday:

  1. Undercover Economist Chap 4  Quiz
  2. Discussion on UE Chap 4
  3. Notes on Market Structures
  4. Worksheet on Market Structures
  5. Marvelous Marginal Manipulation Mania
Tuesday:

  1. Quiz on Reading Graphs
  2. Notes on Perfect Competition (Part 1)
  3. Worksheet on the Cost, Revenue and Profit of a PC Firm – Stone
  4. Go over MMMM
Wednesday:

  1. Review
  2. Notes on PC part 2
  3. WS on PC Charts
Thursday:

  1. Chap 22 Summary Due
  2. Quiz on PC
  3. Go over next part of Marvelous Marginal Manipulation  Mania
  4. Notes on PC - Part 3 (PC in the Long Run)
  5. Worksheets on PC in the Long Run
Friday:

  1. Review Quiz
  2. Notes on Monopoly part 1
  3. Two Worksheets on Monopoly

Friday, September 15, 2017

September 18-22

Monday:
  1. Chap 20 Summary
  2. Notes on Costs of Production
  3. Costs of Production Game/Review
  4. Profit Review Sheet w/ Profit Definition Exercise
  5. Profit Expressions Worksheet
Tuesday:

  1. UE Chap 3 Quiz
  2. Discussion on UE 3
  3. Notes on Short Run Costs of Production
  4. Worksheet on Same – Done in Class (Productivity and Cost Exercise #1 x2 – Stone 94,95)
  5. Worksheets on Same – Done for Homework (Productivity and Cost Exercise #2, #3 and questions on 1&2 – Stone 96, 97)
Wednesday:

  1. Review yesterday’s worksheets
  2. Notes on Graphing Costs (No ppt, graphs on board) (Stone 102)
  3. Understanding the Different Cost Measures of a Firm (Activity 3-3)
  4. Discuss how profit is found on both graphs.
  5. Worksheet on Graphing Costs
Thursday:

  1. Chapter 21 Summary Due
  2. Marshmallow Towers Demonstration
  3. Quiz on Graph Reading (If time)
Friday:

  1. Go over quiz/work from Yesterday
  2. Notes on Long Run Prod Costs
  3. A Firm’s Long-Run Average Total Cost (Activity 3-4)
  4. Finding Profit in General - Baumann

Friday, September 8, 2017

Sept 11 - 15


Monday:

MC Test
Work Due

Tuesday:

  1. Undercover Economist Chap 3 Quiz
  2. Discussion on UE Chap 3
  3. Go over test from Unit 2
Wednesday:

  1. Fire Jumper Video
  2. Notes on Market Failures
  3. Crash Course #21
  4. Chapter Review Page 82, Questions 6-9, 11, 12 
Thursday:

  1. Chap 20 Summary
  2. Notes on Costs of Production
  3. Costs of Production Game/Review
  4. Profit Review Sheet w/ Profit Definition Exercise
  5. Profit Expressions Worksheet
Friday:

  1. Notes on Short Run Costs of Production
  2. Worksheet on Same – Done in Class (Productivity and Cost Exercise #1 x2 – Stone 94,95)
  3. Worksheets on Same – Done for Homework (Productivity and Cost Exercise #2, #3 and questions on 1&2 – Stone 96, 97)

Tuesday, September 5, 2017

Sept 4 - 8

Monday:

LABOR DAY HOLIDAY

Tuesday:

Practice AP Questions

Wednesday:

Review for Test

Thursday:

Unit 2 Test - FRQs

Friday:

  1. Chap 4 Summary Due
  2. Notes on Business Types
  3. Chapter Review Page 82, Questions 1-5


Friday, August 25, 2017

Aug 28 - Sept 1

Monday:
  1. Undercover Economist Chap 2 Quiz
  2. Discussion on UE Chap 2
  3. Notes on Elasticity Part 3
  4. Elasticity in the Real World Worksheet (l4, A20) & Stone 68
  5. Go over any old worksheets that we need to go over
Tuesday:
  1. Discuss Excise Taxes
  2. Excise Taxes (Activity 2-6)
  3. Talk about Elasticity
  4. Prep for quiz
Wednesday:
  1. Elasticity Quiz
  2. Review old work, catch up, make up missing
Thursday:
  1. Notes on Surplus, Efficiency and Deadweight Loss
  2. Pearl Exchange Activity
  3. Seven CS/PS/DWL Graphs Game 
  4. Surplus Worksheets (pages 55 and 56)
  5. Evaluating an Excise Tax (Stone 81)
Friday:
  1. Return/Review Quiz Retake
  2. Discussion Questions
  3. Diminishing Marginal Utility Example (Candy)
  4. Notes on Marginal Utility (Ch. 19)
  5. Consumer Equilibrium Examples (Stone 85)
  6. Unit Checksheet
  7. Review for Test

Friday, August 18, 2017

August 21 - 25

Monday:
  1. UE Ch1 Quiz
  2. Discuss UE Ch 1
  3. Review S&D Determinants Quiz
  4. S&D Practice Quiz (Stone 37 & 38)
  5. Going over Quiz (Student Graded)
  6. Shifts in Supply and Demand (Activity 1-9)
Tuesday:
  1. Quiz on D&S
  2. Retake of S&D Determinants Quiz
  3. How Markets Allocate Resources (Activity 2-1)
Wednesday:
  1. Notes – Floors & Ceilings
  2. Stossel - Price Gouging
  3. Stossel – Minimum Wage
  4. Price Controls Worksheet
  5. Maximum and Minimum Price Controls (Activity 2-7)
Thursday:
  1. Chapter 19 Summary Due
  2. Notes on Elasticity Part 1
  3. Elasticity Worksheet
  4. Elasticity an Introduction (Activity 2-3)
  5. Go over S&D Quiz
Friday:
  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)

Friday, August 11, 2017

August 14 - 19

Monday:
  1. Talk about Book – Undercover Economist
  2. Go Over Unit 1 Test
  3. Explain Test Corrections
Tuesday:
  1. Chap 3 Summary Due
  2. Lecture on Demand
  3. Determinants of Demand Work
  4. Demand Worksheet (Activity 1-4)
Wednesday:
  1. Notes on Supply
  2. Determinants of Supply
  3. Supply Worksheet (Activity 1-6) 
Thursday:
  1. Chap 18 Summary Due
  2. Equilibrium Prices Notes
  3. Stossel in the Classroom Video – “Costs of “Free” Healthcare (2009)
  4. Reasons for Changes to Supply Worksheet
  5. Reasons for Changes to Demand Worksheet
  6. Equilibrium Price Worksheet
Friday:
  1. S&D Determinants Quiz
  2. Market in Wheat Simulation
  3. Equilibrium Price and Equilibrium Quantity (Activity 1-8)