AP ECONOMICS: January 19 Warm-up: --What is the relationship between GDP and unemploy- ment? Explain. Learning Target In order to understand why.

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AP ECONOMICS: January 19 Warm-up: --What is the relationship between GDP and unemployment? Explain. Learning Target In order to understand why producers and consumers must make choices, I will analyze the concepts of tradeoffs and opportunity costs. I will know I have it when I can illustrate the concept on and appropriately label key parts of a production possibilities diagram. --production possibilities frontier (PPF) basic concepts, increasing opportunity cost, etc. (video) -worksheet 3.3 Closure: multiple choice practice Assignment: --make sure you have read through Module 3