Review Introduction HL SL May 24 Collect portfolio– folder Hand out diagram Production possibility curve for basic econ problems and factors of production7-12.

Slides:



Advertisements
Similar presentations
Different Types of Market Structures
Advertisements

Final Exam Review Honors Economics
Headlines III. Elasticity What does elasticity measure? Know how to measure the elasticity of demand for a good wrt its price from a graph or table Interpret.
Introduction: Economic Issues Introduction: Economic Issues.
Fall 2010 Lectures: Tuesday – The Nature of Economics and methodology of Research. 2. Division of Labor. Production possibilities.
Final Exam "Microeconomics" March 2008 Ir. Muhril A., M.Sc., Ph.D1 Subjects For Final Exam March 2008 Microeconomics.
Copyright © 2004 South-Western 4 The Market Forces of Supply and Demand.
ECONOMICS MACROECONOMICS LABOUR ECONOMICS INDUSTRIAL ECONOMICS MICROECONOMICS INTERNATIONAL TRADE CONSUMER BEHAVIOUR.
Macroeconomics of Agriculture AGEC 430 Spring 2010 Slide Show #13.
The Market Forces of Supply and Demand
Growth and Long Run Aggregate Supply Objectives: 1. Understand the concept of long-run aggregate supply. 2. Describe the effect of economic growth on the.
Understanding Economic Systems and Business Chapter 1.
CHAPTER 1: The Foundation of Business Sections: 1. Getting Down to Business 2. What is Economics 3. Perfect Competition Supply & Demand 4. Monopolistic.
ECW2731 Managerial Economics. ECW2731 Week 1-2 Subject Adviser Dr Gennadi KAZAKEVITCH Berwick campus, Room 129. Phone: (03) Fax: (03)
Economics Mid-Term Review Chapters 1 – 7. Concepts  Paradox of Value  Opportunity Cost  Trade-offs  Economic Interdependence  Capital Goods  Productivity.
Market Structure Dr.Deepakshi Gupta
Introduction: Economic Issues Introduction: Economic Issues.
Click to begin. Click here for Final Jeopardy Basic Economic Concepts Supply and Demand Imperfect Competition Resource Market Failures 10 Point 20 Points.
Introduction to Economics Ms. Mangal Gogte. Basic Concepts Scarcity: People do not have as much of everything as they want Choice: Wants unlimited, means.
Tutorial 1 Introduction to Economics 1. LEARNING OUTCOMES The term “economy” 2. Difference between microeconomics and macroeconomics; 3.The three basic.
BUS101 Introduction to Business. Risks and Profits Business Goods Services Entrepreneur.
Equilibrium Market Prices Economics. The concept of the equilibrium price  Equilibrium means a state of equality between demand and supply D S.
Ch 4 Market Forces of Supply and Demand S + D forces that make market economies work Determine Q produced and P Refer to behavior of people as they interact.
Types of Economic Competition. Determining the Type of Economic Competition The number of firms competing in the market The amount of similarity between.
Key Concepts Unit Start of UNIT Scarcity 196. Choice 197. Cost and benefits.
6. Fundamental Concepts of Microeconomics 1.Objectives and Methods of Microeconomics 2.The Consumer 3.The Firm 4.The Market 5.Basic Issues in Welfare Economics.
Most Important Micro Graphs. Non-graph Concepts Comparative Advantage problems –Calculating opportunity costs –Calculating terms of trade Elasticity –Calculating.
CDAE Class 25 Nov. 27 Last class: 7. Profit maximization and supply 8. Perfectively competitive markets Quiz 7 (take-home) Today: 8. Perfectly competitive.
Economics CFA By Shivgan Joshi
Econ 202 Fall 2015 Introduction to Macroeconomics.
ECN 221 Microeconomics First Exam Review. Chapter 1 [7] The study of Economics, Definitions Scarcity, Trade-offs Efficiency versus Equality Opportunity.
Test Friday! Opportunity cost Formulae for: market supply curve, aggregate demand curves If the market for IPhone cases has a demand curve of Q (D)=60-P.
Economics o Economics o Microeconomics o Macroeconomics o Resource Development o Adam Smith  freedom of ownership  profits o Invisible Hand o Malthusian.
Microeconomics ECON 2302 Spring 2011 Marilyn Spencer, Ph.D. Professor of Economics Final Exam Review Chapters 1-6 &
Perfect Competition Principles of Microeconomics Boris Nikolaev.
HL1 / SL1 IB ECONOMICS COURSE OVERVIEW:
Introduction: Economic Issues. The Economic Problem Economic problems –production and consumption –Scarcity: the central economic problem Macroeconomic.
IB Economics SL Syllabus Content Review Section 2: Microeconomics.
Lecture 2 Part I: Introduction to Business economics Part II: Market forces of supply and demand Instructor: Prof.Dr.Qaisar Abbas Course code: ECO 400.
ECON 201 FALL 2015 Introduction to Microeconomics.
محاضرات مادة القراءات الاقتصادية Reading in Economics قسم الاقتصاد – كلية الادارة و الاقتصاد / جامعة القادسية المرحلة الاولى مدرس المادة :- م0.
Introduction to Microeconomics
Types of Economic Competition
Economics Flashcards #41-80 Unit 2 Microeconomics
Warm-Up Draw a correctly-labeled firm in monopolistic competition in long-run equilibrium. Mark the equilibrium P and Q for both monopolistic and perfect.
Microeconomics VS Macroeconomics
Introduction to Business Studies
ECON International Economics
Microeconomics Graphs
Principles of Microeconomics Shomu Banerjee
Economics Composition Book
Introduction to Macroeconomics
Microeconomics.
EOCT Review Microeconomics.
Microeconomics Vocabulary
Determinants of Demand
Economics Composition Book
1. Business Cycle Gross Domestic Product 2. Peak Consumer Price Index
Mid-Term Review Chapters 1 – 7
Economics and Business
Economics and Business
Competition and Market Structure
Introduction: Economic Issues.
Features and Appraisal of New Economic Policy
Aggregate demand and aggregate supply
Introduction to Macroeconomics
Microeconomics ECON 2302 Spring 2011
Statement of intent Key Stage: 5 Subject: Economics
Microeconomics ECON 2302 Summer I, 2011
Microeconomics ECON 2302 Summer 1, 2010
Presentation transcript:

Review Introduction HL SL May 24 Collect portfolio– folder Hand out diagram Production possibility curve for basic econ problems and factors of production7-12 Circular flow for rationing Demand curve p movement and shift Go back and read good bad equivalent and find ONE thing not in the blue book that could be useful Reading

May 25 Monday micro-Economics Group A 4 Interaction of supply and demand Group B 5 Elasticity's Group C 6 HL Indirect taxes Report Back Match To the Good The bad

May 26 Tuesday FIRM Group A 8 Perfect competition Group B 9 Monopoly

Weds May 27 HL Group A 10 Monopolistic competition Group B 11 Oligopoly Group C 12 Price Discrimination

Portfolio 2 Library Thursday May 28

Portfolio Multi Media

Portfolio Library

HL Test Firm

HL SL Thursday June 4 macro A 13 Market Failure B 14 Measuring National Income C 15 Measuring economic development D 16 Aggregate Demand

HL SL Sunday June 7 A 17 Aggregate supply B 18 Macro economic Equilibrium C 19 Inflation and Deflation D 20 Unemployment

HL SL Monday June 8 Preview test type- DR and Essay Game?

HL Tuesday June 9 STUDY