Economics - ACDF

 

Day Date Topic Homework
A 9/8

Introduction Review Course Outline
Define Economics, scarcity, choice and opportunity cost. Compare opportunity cost of college for Chris Rock with the opportunity cost you will face by going to college. Discuss how the problem of scarcity informs every economics system,

Read pp. 13-21 in textbook
C 9/10 Review the Production Possibilities graph.  pages

Do Scarcity Activity
Complete pp 3-4 in workbook to review PPF Graph

Type all definitions from section 1 and section 2
D 9/13 Section 2 Economic way of Thinking
Making Cost Benefit Decisions; tradeoffs, incentives,
Read the Story of the Broken Window on p. 16 and discuss circular flow of the economy
Define micro and macro economics workbook page 10 1-16
Type all definitions for sections 3
F 9/15

Chapter 1 Section 3 pp 24 - 27 on defining economic terminology page 10 1-16

Study for Quiz next class
A 9/16 Quiz on Chapter 1

Chapter 2 Section 1 Economic Systems
Introduce the concept of Economic systems
Define globalization as how individuals and businesses are affected  by events in other parts of the world
Review pp 32 - 40

workbook page 12 and 13
C 9/20 Review Mixed Economies and complete p. 14 in workbook
Section 2 Globalization p. 41 - 51

Globalization p. 41 - 51
Define globalization and off shoring
Workbook pages 15 - 18 in workbook

hw workbook page 18-19, do numbers 10-14
D 9/21 Wrap up ch 2, Begin Chapter 3 Section 1 Characteristics of Free Enterprise pp. 54 - 61 Study for Quiz on Thursday

Chapter 2 ppt

F 9/23 Quiz on Chapter 2, Chapter 3:Characteristics of free enterprise Complete  p. 21 -  in workbook. 

 

p 21-24 in workbook 10-26
A 9/24 3.2 Profit and loss in free enterprise and 3.3 The ethics of free enterprise  On p. 25 only complete1 - 8.  no homework
C 9/28 3.4 Entrepreneurs Study for quiz next class

Chapt 3 powerpoint 

D 9/29 Quiz chapter 3 , review for Unit 1 Test Study for Test on Chapters 1-3
F 10/1 Test on Unit 1  Begin Chapter 4 demand no homework
A 10/4 4.2 shifts in the demand curve, pages 36-41 in class workbook p 42-43
C 10/6 Elasticity of demand.  workbook pages 44-48 in class no homework
D 10/7 Elasticity of demand.  workbook pages 49-52 in class Study for chapter 4 quiz.  Chapter 4 powerpoint
F 10/12 Quiz Chapter 4 Begin chapter 5 Supply pg54-55
A 10/14 5.2 Factors that shift Supply, no homework
C 10/18 5.2 Elasticity of Supply Study for quiz on ch 5 chapter 5 powerpoint
D 10/19 Quiz chapter 5,

Chapter 6 Supply and Demand.  Equilibrium, shortages and surpluses 

no homework
F 10/21 6.2 Supply in everyday life p67-68 1-15
A 10/22 Wrap up ch 6 Read chapter 6 sections 1 & 2 in studying for quiz, we will review for quiz.

Study for Quiz Powerpoint ch 6

C 10/26 Quiz on Chapter 6 review Unit Test Study for Test on Ch 4-6
D 10/27 Test Unit 2 Chapters 4-6  
F 10/29 Chapter 7 Business Operations p 77 in workbook 3-20