October, 2013

Economics – 11/01/13

I.  Bellwork Page  R35 at the end of the book Q&A 1-4 II. Objectives: Examine the importance of entrepreneurs in a market economy as they attempt to obtain capital and financing to support their endeavors. Demonstrate understanding of written, spoken, or visual information by restating, paraphrasing, summarizing, critiquing, or composing a personal response III.  Chapter […]

Economics – 10/31/13

 I.  Bellwork Page 141- #34 Draw diagrams & answer Page 141- #37  Answer only II.  Objective Explain the law of supply and analyze changes in supply as well as changes in quantity supplied. Analyze the production function and other decision making models which allow businesses to maximize profits. III.  Turn in Reteaching Chapter 5 IV. […]

Economics – 10/30/13

I.  Bellwork: Q&A A. Chapter 5 Enrichment II. Objective Explain the law of supply and analyze changes in supply as well as changes in quantity supplied. Analyze the production function and other decision making models which allow businesses to maximize profits. Cite specific textual evidence to support analysis of primary and secondary sources, connecting insights […]

Economics – 10/29/13

I.  Bellwork: A. Section 5-3 Q&A Explain why electricity is considered to be a variable cost. Explain why many people are choosing to start e-commerce stores instead of more traditional businesses. II. Objective: Examine how businesses analyze their costs and revenues to maximize profits. Integrate and evaluate multiple sources of information presented in diverse formats […]

Economics – 10/28/13

I.  Bellwork A  Identify what happens (increase/decrease) to Total Product and Marginal Product at each stage (1-3) of the production function                         Total Product                     Marginal Product Stage 1          ——————–                     —————— Stage 2          ——————–                     ——————— Stage 3          ——————– […]

Economics – 10/25/13

I.  Bellwork Q&A Reading Check Page 129 Reading Check Page 130 II.  Objective: Examine how changes in labor affect output. – Theory of Production Construct a production function and identify the stages of production Evaluate various explanations for actions or events and determine which explanation best accords with textual evidence. III.   Discussion: Pages 127-130 Theory […]

Economics – 10/24/13

I.  Bellwork: Page 126 Analyzing the Impact 1-2 Q&A What year did ethanol production decrease? –See Graph II. Objective Examine how changes in labor result in changes in output. – Theory of Production III. Online Quiz– iLearn Section 5-1– Up until 6:00 pm Today IV.  Supply Curve Quiz V.  Classwork A. 5-2 Guided Reading  

Economics – 10/23/13

I. Bellwork Q&A List and Explain in detail  2 examples why the supply curve would shift to the right. List and Explain in detail 2 examples why the supply curve would shift to the left. II. Objective Utilize supply schedules to express supply graphically and analyze how the Law of Supply is represented. Create and […]

Economics – 10/22/13

I.  Bellwork: Economic Analysis Page 118, 119 & 120 Q&A II. Objective Express supply graphically and analyze how the Law of Supply is represented on the supply curve. Utilize supply schedules to express supply graphically and analyze how the Law of Supply is represented. Create and identify circumstances which lead to a change in quantity […]

Economics – 10/21/13

I. Bellwork Q&A A.  Pg 117 – Companies in the News 1.  What created a shortage of the flu vaccine? 2.  How did the market respond to the shortage? 3.  What is the current availability of the vaccine? II. Objective Define Supply; identify changes in quantity supplied and factors that cause a change in supply. […]

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