1. AP ECONOMICS: January 22
Learning Target: In order to understand how the economy can experience growth, I will analyze the production possibilities diagram. I will know I have it when I can illustrate economic growth and decline on an appropri-ately labeled production possibilities diagram. -watch using phones (pair up and share if needed) ( Quick Review of PPC Basics (answer on back of today’s HO)
Axes labels: x-axis—wheat; y-axis—war planes --efficient production (label as point “a”) --unemployed resources during production (label as point “b”) --unattainable production (label as point “c”)
Depicting Economic Growth on the PPC -Worksheet 3.4 (HO) (okay to work with a partner) —potential answers are below (in no certain order)
TURN IN: please staple Friday’s 3.3 on top of today’s 3.4
Assignment: read Module 4