We will continue on with shifts in demand (vs. a change in quantity demanded). There will be worksheets again (demand shift worksheets). Quiz for demand will be on Monday.
Audible Tone: What causes a shift in demand?
We will continue on with shifts in demand (vs. a change in quantity demanded). There will be worksheets again (demand shift worksheets). Quiz for demand will be on Monday.
0 Comments
Audible Tone: Plot the following P 0 QD 20, P 1 QD 18, P 2 QD 16, P 3 QD 6, P 4 QD 4, P5 QD 2, P 6 QD 0
We will finish up on Demand. Demand worksheets will be done in class and we will go over them. We will start on shifts in demand. This is chapter 4 section 2 material. Audible Tone: What does a demand schedule tell us?
We will go over the tests from Friday. We will also go over chapter 4 sections 1-2 key terms. What is demand, how to graph it and the law of demand. We will also get the demand worksheets for homework. Audible Tone: Explain each of the four factors of production. Turn in.
Fantastic Fun Test Taking Friday (on chapter 1-2). Read/define chapter 4 sections 1-2 key terms for Monday. Audible Tone: What does a mixed economy take from a market economy? from a centrally planned economy?
We will go over the homework ( chapter 2 worksheets) in class. We will also do the chapter 1-2 vocab review in class. Finally, we will review for the test on chapter 1-2, since it is tomorrow. Audible Tone: Explain the major problems of a centrally planned economy.
Today we will be watching the biography of Joseph Stalin as an example of how a centrally planned economy can go very wrong. We will then discuss mixed economies and receive the chapter 2 worksheets for homework. Don't forget, test on chapter 1-2 is scheduled for Friday. Audible Tone: Explain the biggest problem of a true market economy.
Go over the four pillars of free enterprise. Group work involving the good and bad aspects of a centrally planned economy. Discuss in class. Audible Tone: Explain each of the two things needed to make the invisible hand work.
Today we will look at the problems for Adam Smith and the invisible hand in today's economy. This will be in the form of a short power point. We will also look at the four pillars of free enterprise that includes a very short video involving Milton Friedman. Friday is a strong possibility for our test on chapter 1 and 2. Audible Tone: Explain what a market economy is. Turn in.
We will be looking closely at Adam Smith and the invisible hand and the arguments for it. There will be an in class writing to go along with it. We will then discuss the problems of the invisible hand in today's economy. Audible Tone: What is the difference between a budget deficit and the national debt?
There is a sub today. Students will be watching the video "10 Trillion and Counting" on the national debt. There are worksheets to answer while viewing the video. |
|