Sep 18

AP Economics – 9/19/19

I.  Bellwork Questions & Answers

America now has 1.2 billion pounds of excess cheese — and nowhere to put it

  1. Why is there a surplus of cheese?
  2. What has prevented prices from falling?

II  Objective

  • Evaluate various explanations for actions or events and determine which explanation best accords with textual evidence.
  • Integrate and evaluate multiple sources of information presented in diverse formats in order to determine the impact on Qd, Qs, Demand, Supply, and Price.

III. Claswork

Worksheet 7.6: Graphing Equilibrium

IV.   Quiz on Demand & Supply

Sep 18

Accounting – 9/19/19

I.  Bellwork: Questions & Answers

List and  answer the Four Essential Questions relating to the transaction below?

  • Paid repair expense of $235.00

II.  Objectives:

  • Analyze and interpret transactions for operating a business into debit and credit parts.
  • Restate and apply the four questions necessary to analyze all transactions into debit and credit parts

III.  Classwork on Aplia

  • OWP: 2-2 End of Lesson Review
  • 2-3 Application Problem

IV.  Chapter 2 Test on Tuesday

Sep 18

Economics – 9/19/20

I.  Bellwork:

 Eminent Domain and Property Rights Q&A

  1. Identify two restrictions under which the government must operate when exercising eminent domain authority.
  2. Explain the two qualities a public good must have.
  3. Explain why private property rights are important.

II. Objectives:

  • Determine the situations in which eminent domain can be applied and analyze the role of government in an economy in relation to individual economic freedom
  • Identify and discuss the key components of Free Enterprise Capitalism utilizing a thinking map
  • Analyze and discuss government’s role in the economy in relationship to the economic goals of society

III. Chapter 2 – Test on Tuesday

IV.  Notebook Work & Discussion:

A. Page 49 Copy Figure 2.3 – Characteristics of Free Enterprise Capitalism

V.  Video:Economic Freedom

VI.  Classwork

  • Page 48 Vocabulary (11)
  • Page 53 2-5 Questions & Answers
Sep 17

AP Economics – 9/18/19

I.  Bellwork:

A.   Illustrate each of the following by constructing a simple supply curve graph with arrows:

  1. an increase in quantity supplied
  2. a decrease in supply
  3. an increase in supply
  4. a decrease in quantity supplied

II.  Objective

  • Analyze how prices change through the interaction of buyers and sellers in a market including the role of supply, demand, equilibrium, surpluses, and shortages.
  • Integrate and evaluate multiple sources of information presented in diverse formats in order to determine the impact on Qd, Qs, Demand, Supply, and Price.

III.  Discussion

III.  Discuss: Equilibrium pgs 69-77

Market Clearing Price/Equilibrium

Prices as Signals

Equilibrium Example

Equilibrium Video

A.  2.3 Shifting  Demand and Supply PPT

Shifting Demand and Supply- Macro Topic 1.6 (Micro Topic 2.7)

Double Shifts- Supply and Demand

B.  Demand & Supply Shift Practice on iLearn

IV.  Homework on iLearn

  • 2.4 Supply and Demand Practice
Sep 17

Accounting 9/18/19

I.  Bellwork:  OWP: 2-2 End of Lesson Review

II.   Objectives:

  • Analyze and interpret transactions for operating a business into debit and credit parts.
  • Restate and apply the four questions necessary to analyze transactions affecting the owner’s equity account into debit and credit parts

III. Analyzing how transactions affect owner’s equity accounts Pgs. 43-48

  • Received Cash from Sales
  • Sold Services on Account
  • Paid Cash for an Expense
  • Received Cash on Account
  • Paid Cash to Owner for Personal Use

IV. Classwork:

  • Page 49 – -2-3 Working Together & On Your Own  – Write it out and then do it on Aplia

V. Quiz Section 2-1 on iLearn

Sep 17

Economics – 9/18/19

I.  Bellwork

Read The Right to Refuse Service: Can a Business Refuse Service to Someone?

A.  Summarize what you learned from this article. (4-6 sentences)

B.  Explain how this relates to economic rights (economic freedom)

II. Objective:

  • Integrate and evaluate multiple sources of information presented in diverse formats and media in order to address issues involving economic rights and freedoms
  • Summarize and reflect upon the right to refusal law
  • Cite incidents in which conflicts result from the methods used to achieve economic goals

III.  Discussion – Economic Rights

IV.  2-1 Quiz on iLearn

V    Classwork

Sep 17

AP Economics – 9/17/19

I.  Bellwork

A.  Summarize the article below (4-6 sentences) .

https://www.yahoo.com/finance/news/trump-tariffs-might-kill-startup-162209257.html

B.  Draw a supply graph illustrating what is happening.  Explain it underneath the graph

II.  Objective:

  • Utilize supply schedules to express supply graphically and analyze how the Law of Supply is represented.
  • Analyze and identify circumstances which lead to a change in quantity supply and a change in supply.
  • Evaluate various explanations for actions or events and determine which explanation best accords with textual evidence

III. Discussion

IV. Demand & Supply Quiz Tomorrow

  • Review Questions on AP Classroom

V. Classwork Pages 67-68

  • Page 67 #2
  • Page 68 MC 1-5 & FRQ #2

Sep 16

Accounting – 9/17/19

I.  Bellwork on MindTap

  • Working Together 2-1
  • On Your Own 2-1

II.   Objectives:

  • Restate and apply the four questions necessary to analyze transactions for starting a business into debit and credit parts
  • Follow precisely a multi-step procedure when analyzing how transactions affect accounts; analyze the results based on explanations in the text.

III.  Absent or Failed Test?  Retakes on Today after school – 2:35

IV.  Notebook/Discussion

A.  PPT 2-2 on iLearn

Four  Essential Questions to Answer for each Transaction

  1. Which accounts are affected?
  2. How is each account classified?
  3. How is each classification changed?
  4. How is each amount entered in the accounts?

V.   Small Quiz on 2-1 & 2-2 tomorrow –  Be Prepared

VI.  Classwork Page 42

  • Working Together 2-2
  • On Your Own 2-2
  • Pg 52  Application Problem 2-2 on Aplia
Sep 16

Economics – 9/17/19

I.  Bellwork:

Second Blighted Red Wings Arena Holdout

  1. Summarize the article. 3-4 sentences.  (who, what, where, when, how, why)
  2. Add your opinion on what is happening and state whether you believe it is fair to all the parties involved.

II Objective:

  • Integrate and evaluate multiple sources of information presented in diverse formats and media in order to address a question or solve a problem.
  • Cite incidents in which conflicts result from the methods used to achieve economic goals

III. Turn in Homework

IV.  Discussion : 2-2 Evaluating Economic Performance pgs. 43-46

V.   Notebook Work: Economic Goals & Examples.

  • Create a Tree Map and  with examples for each goal from the text

VI.   Application of Economic Goals

VII. Conflicting Economic Goals and Resolutions – Discussion

VIII. iLearn Quiz Section 2-1

Sep 16

Accounting – 9/16/19

I.  Bellwork:  Page 31 critical Thinking 1-3

II.  Objectives

  • Show the relationship between the accounting equation and a T account.
  • Identify the debit and credit side, the increase and decrease side, and the balance side of various accounts.
  • Restate and apply the two rules that are associated with the increase side of an account.

III.  Notebook Work

A.   Page 31-33 Increase, Decreases, & Balances in Accounts – Diagrams

B.  Two Rules:

  • Assets are on the left side of the accounting equation – they increase on the left side (debit)
  • Liabilities and Owners Equity are on the right side of the accounting equation – they increase on the right side (credit)

IV.   Classwork  Page 35

A.  Working Together 2-1

B.  On Your Own 2-1

C.  P. 52 Application Problem 2-1 on Aplia