Economics – 2/06/12

 

I.  Bellwork Q&A

A.  Page 11 – Examining the News Clip 1-2 Q&A

B.  #3 How much has Under Armour’s revenue increased from 2002 to 2005?

II.  Objective

  • Examine basic economic terms and concepts related to goods/services, paradox of value, and the flow of economic activity.

III.   Section 1-2 Notes and Discussion

A.  Graphs in Motion – Circular Flow  EPP_p15

IV. Classwork

A.  Page 12 – Vocabulary (21)

B.  Page 17 #2-6 Q&A


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