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ECONOMICS: January 16 PPC Shifters Warm-up Opportunity Cost

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Presentation on theme: "ECONOMICS: January 16 PPC Shifters Warm-up Opportunity Cost"— Presentation transcript:

1 ECONOMICS: January 16 PPC Shifters Warm-up Opportunity Cost
What three things could you be doing if you were not in this class today? What is your opportunity cost for being in this class today? Learning Target: In order to understand the concept of economic growth, I will be able to identify the determinants of economic growth. I will know I have it when I can accurately solve all scenarios depicting economic growth on the production possibilities diagram. Ch. 1, Lesson 3 (Day 1)—Using Economic Models (HO) --define economic growth --movements along the curve (review) PPC Shifters --Note: video says “2 shifters”—Brown considers it to be 3 shifters --6 PPC practice scenarios --more on resource quality: Does Education Pay? -analyze and comment on the 4 C’s: the Connections, the Challenges, the Concepts, and the Changes Closure Assignment: Read Ch. 2, Lesson 1

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