AP Economics

wpe4.jpg (2785 bytes)

Monday
9/16

Activities:

"Elasticity Day #2"

Homework:

return to previous month's plans

wpe4.jpg (2785 bytes)

Tuesday
9/17

Activities:

"Elasticity Day #3"

Homework:

wpe4.jpg (2785 bytes)

Wednesday
9/18

Activities:

 

Homework:

wpe4.jpg (2785 bytes)

Thursday
9/19

Activities:

  • (1st Block) 
  • No Class
  • (2nd Block) 
  • see yesterday

Homework:

wpe4.jpg (2785 bytes)

Friday
9/20

Activities:

  • (JSlo not here)  Do practice questions
  • Great List of Review Concepts for Test
  • Overview of Unit
    (includes all activities from Unit 1 & 2 except 2-8)
  • No Circular Flow on test 
    (I changed my mind)

Homework:

top of page

calendar

return to IH HS Homepage AP Economics Home
wpe4.jpg (2785 bytes)

Monday
9/23

Activities:

Homework:

return to previous month's plans

wpe4.jpg (2785 bytes)

Tuesday
9/24

Activities:

Homework:

wpe4.jpg (2785 bytes)

Wednesday
9/25

Activities:

Homework:

wpe4.jpg (2785 bytes)

Thursday
9/26

Activities:

Homework:

wpe4.jpg (2785 bytes)

Friday
9/27

Activities:

  • Begin Activity 3-3

 

Homework:

top of page

calendar

return to IH HS Homepage AP Economics Home
wpe4.jpg (2785 bytes)

Monday
9/30

Activities:

  • pass back tests
  • Normal Profit = Zero Economic Profit
  • Begin discussing Activity 3-3

Homework:

  • Chapter 9 (pp. 180-198)
    Businesses & the Costs of Production
  • Complete Activity 3-4

 

 

wpe4.jpg (2785 bytes)

Tuesday
10/1

Activities:

Homework:

wpe4.jpg (2785 bytes)

Wednesday
10/2

Activities:

  • (2nd Block) 
  • Costs of Production Quiz
  • Buckle seatbelts, we will be moving/flying......

  • Characteristics of Perfect Competition
    (Market Characteristics)
    (Vis 3-1)  Types of Market Structure
  • Intro Perfect Competition
  • MR=MC determines Profit Maximizing (Q) OUTPUT for firms
  • AR=MR=P=D for a firm in a perfectly competitive market  (Mr. P AR D)
  • Meet my friend, "MR=P=AR=D"
  • Shutdown Point
  • 3 Rules of Production:
  • [Rule #1: MR=MC Rule]
     
    [Rule #2:
    Price on Demand Curve at Profit Max Qf]
  • First run through The 3 Rules of Production
  • Rule #3: TR= or > TVC  (AR= or > AVC)
  • (1st Block) 
  • No Class

Homework:

wpe4.jpg (2785 bytes)

Thursday
10/3

Activities:

  • (1st Block)  see yesterday


  •  Costs of Production Quiz
  • (2nd Block) 
  • No Class

Homework:

wpe4.jpg (2785 bytes)

Friday
10/4

Activities:

  • practiced graphing the MC & ATC & AVC curves
  • Normal Profit = Zero Economic Profit
  • practiced graphing the MC & ATC & AVC curves
  • AR=MR=P=D for a firm in a perfectly competitive market  (Mr. P AR D)
  • MR=MC determines Profit Maximizing (Q) OUTPUT for firms
  • Meet my friend, "MR=P=AR=D"
  • Shutdown Point
  • Review 3 Rules of Production:
  • A Firm at LR Equilibrium has many relationships, for example:

    MR=MC,            MC=Min ATC, MR=P=AR=D,    P=Min ATC,
    P=MC,                AR=ATC,
    Zero Economic Profit = Normal Profit
  • Complete 3-6

Homework:

top of page

calendar

return to IH HS Homepage AP Economics Home
wpe4.jpg (2785 bytes)

Monday
10/7

Activities:

Homework:

wpe4.jpg (2785 bytes)

Tuesday
10/8

Activities:

Homework:

  • Complete through Activity  3-7
wpe4.jpg (2785 bytes)

Wednesday
10/9

Activities:

  • (1st Block) 
  •  Game Day !
  • Graphing different situations
  •  [MR=MC Rule, Price on Demand Curve at Profit Max Q, TR= or > TVC]
  • Zero Profit=Zero Economic Profit
  • AR=MR=P=D for a firm in a perfectly competitive market (Mr. P AR D)
  • MC curve above AVC is individual firm's supply curve
  • Vis 3-6 (Profit, Loss, and Shut-Down)
  • Shutdown Point


  • (2nd Block) 
  •  No Class

Homework:

wpe4.jpg (2785 bytes)

Thursday
10/10

Activities:

  • (1st)  No Class
  • (2nd) see yesterday
    Game Day !

Homework:

  next month's plans
wpe4.jpg (2785 bytes)

Friday
10/11

Activities:

  • No School (Fall Break)
  • Went over example of firm in PC developing production improvement ahead of industry
  • Go over 3-7 Answers
  • Zero Profit=Zero Economic Profit= Normal Profit
  • Jason Welker YouTube Channel

Homework:

top of page

calendar

return to IH HS Homepage AP Economics Home
wpe4.jpg (2785 bytes)

Monday
10/14

Activities:

  • No School (Fall Break)

Homework:

  • -----

wpe4.jpg (2785 bytes)

Tuesday
10/15

Activities:

Homework:

 

wpe4.jpg (2785 bytes)

Wednesday
10/16

Activities:

  • (1st & 2nd Block) 
  • No Class
  • deriving LR Supply Curve for:
    Constant Cost Industry (horizontal)
    Increasing Cost Industry (up-sloping)
    & Decreasing Cost Industry
    (very rare)

  • 3 Rules of Production:  Huge!!!
  • (5th Block) 
 

Homework:

wpe4.jpg (2785 bytes)

Thursday
10/17

Activities:

  • (1st & 2nd Block) 

Homework:

  • Study for Quest on Costs of Production & Perfect Competition
  • Remember the 3 Rules:
next month's plans
wpe4.jpg (2785 bytes)

Friday
10/18

Activities:

  • Quest on Costs of Production & Perfect Competition

Homework:

top of page

calendar

return to IH HS Homepage AP Economics Home