1. AP ECONOMICS: September 11
Warm-up: Billy Bob can write 10 computer programs or make 6 pairs of sunglasses. Sally Sue can write 5 programs or make 4 sunglasses. Under the doctrine of comparative advantage, who should produce what? Learning Target: In order to establish a thorough understanding of the workings of a free market economy, I will learn the principles of demand. I will know I have it when, on a demand graph, I can: (1) differentiate between a change in quantity demanded vs. a change in demand; and (2) accurately shift demand curves given various demand curve shift scenarios.
--conclude Worksheet 5.4 (handout from last class)—TURN IN Learning Target: In order to establish a thorough understanding of the workings of a free market economy, I will learn the principles of supply. I will know I have it when, on a supply graph, I can: (1) differentiate between a change in quantity supplied vs. a change in supply; and (2) accurately shift supply curves given various supply curve shift scenarios. See new HO packet for following items
--Supply: Introductory video ; Supply notes: the S schedule; the S curve; movements along the S curve; shifts of the S curve Closure: What causes the Law of S vs. the Law of D? Assignment:
--read Module 7