Economics September Assignments (1-5)

Economics

	Monday 8/16	Activities: Intro Class, Grading, Final Exam, etc.	Homework: Complete Video Bio

	Tuesday 8/17	Activities:	Homework:

	Wednesday 8/18	Activities:	Homework:

	Thursday 8/19	Activities:	Homework: none

	Friday 8/20	Activities:	Homework:
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	Monday 8/23	Activities:	Homework: Complete Personal Info video

	Tuesday 8/24	Activities: Read Ch. 1-1 (pp. 3-7) Scarcity Unlimited Wants with Limited Resources…... leads to Choices Goals of Business, Scarcity & Opportunity Cost, Difference b/t "financial capital" and "capital" passed out handout p. 7-8 Went over page 7 Factors of Production: (Productive Resources) (shopping for pants, shoes, shirt) Trade Offs, Opportunity Cost & Trade Offs Discuss handout on Marginal Thinking	Homework:

	Wednesday 8/25	Activities: (Block) No Class	Homework: Read in Text: Ch1-3 (pp. 13-18)

	Thursday 8/26	Activities: (Block) Opportunity Cost ex. If I went to the mall and I wanted to buy a pair of pants and a shirt (I have $25). I can't buy both I have to choose which item I want more. I choose the pants (give up the opportunity to buy the shirt). Opp. Cost is the next best alternative (value of). "silver medal" PPCs: Increasing Cost, Constant Cost, and points inside and outside the curve (what they represent?) Production Possibility Curve (PPC) (Visual1-2) Discussed PPC p. 7	Homework: Finish Personal Info video if not having already done so

	Friday 8/27	Activities: Zero Cost PPC (Free Good) Discuss concept of Marginal Thinking & practice with Marginal Thinking p. 8	Homework: Study for Quiz on Monday
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	Monday 8/30	Activities: Quiz on Basic Concepts Read in Text: Ch 2-1 (pp. 23-28) All Economies: What? How? & Who?	Homework:

	Tuesday 8/31	Activities: 7 Goals of Economic Society	Homework:

	Wednesday 9/1	Activities: (2nd & 6th Block) No Class	Homework:

	Thursday 9/2	Activities: (2nd & 6th Block) Read Ch.2-2 (pp. 29-34) Free Market Adam Smith "invisible hand" Voluntary Exchange Circular Flow Circular flow Diagram (in Ch. 2-4 pp. 39-44) Explicit Cost & Implicit Cost) Announced Test next for next week	Homework: Unit 1 Test next Wednesday

	Friday 9/3	Activities: No Class	Homework:
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	Monday 9/6	Activities: NO SCHOOL ..LABOR DAY (Block)	Homework: Unit 1 Test this Wednesday Review Terms (need your computers) The Test will cover Chapters 1-2 in your text

	Tuesday 9/7	Activities: Free Market w/Voluntary Exchange Read Ch.2-3 pp. (35-38) Command Economies	Homework:

	Wednesday 9/8	Activities: (2nd & 6th Block) No Class	Homework: Read Ch. 4 #1 (pp. 85-90)

	Thursday 9/9	Activities: (2nd & 6th Block) finish Command Economy review Circular Flow, add government for Mixed Economy Read Ch.2-4 pp. (39-44) Mixed Economies Command Economies Overall Review of Unit...... Introduce Budget Project Budget Google Sheet show ex. of Budget Layout	Homework: Study for test tomorrow
		next month's plans
	Friday 9/10	Activities: Unit 1 Test Finish explaining: Budget Project Budget Google Sheet show ex. of Budget Layout	Homework:
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	Monday 9/13	Activities: Demand Day #1 Begin Demand. Read & Take Book notes on Ch. 4 #1 ( pp. 85-90) Define: Demand, Law of Demand Why is Demand Curve Down sloping? Income Effect & Substitution Effect, & Law of Diminishing Marginal Utility (DMU) Change in Quantity Demanded (Change in Qd) (Movement along the Curve)	Homework:

	Tuesday 9/14	Activities: Read & Take Book notes on Ch. 4 #2 (pp. 91-96) Demand Determinants (factors that shift the Demand Curve) Ceteris Paribus reminder Must Distinguish b/t a "Change in Qd" (movement along a curve) and a "Change in Demand (movement of the Curve) Great Practice Site (Reffonomics) Supply & Demand Determinants (handout of 1st page) Normal Good & Inferior Good w/ examples	Homework: Budget Project Budget Google Sheet Budget Layout Study for Demand Quiz on Thursday

	Wednesday 9/15	Activities: (2nd & 6th Block) No Class	Homework: Income & Expense Record & Budget Due Friday 9/30 Study for Demand Quiz (on computers)

	Thursday 9/16	Activities: (2nd & 6th Block) Finish up with Demand Determinants & practice on worksheet REVIEW Change in Quantity Demanded (Change in Qd) (a movement along the Curve) and a "Change in Demand" (the whole curve moves to establish a new Demand Curve) Demand Quiz	Homework: keep track of expenses/income in Budget Assignment & use Budget Google sheet Budget Project Budget Google Sheet Budget Layout
		next month's plans
	Friday 9/17	Activities: Read Ch. 4-3 (pp. 97-104) and Take Book Notes	Homework:
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All homework assignments are due the following day at the beginning of class
unless specifically stated otherwise.