1. AP ECONOMICS: January 19
Warm-up: --What is the relationship between GDP and unemploy- ment? 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