Economics – 2/10/15
I. Bellwork–
Compare the cartoon below to the Circular Flow diagram Figure 1-3 on page 15
Questions & Answers
- Describe how the diagrams differ?
- Explain the message of the cartoon?
- What is your opinion of the cartoon?
II. SWD:
- the ability to construct a production possibilities frontier and analyze various situations which would cause deviations to operating at capacity.
- the ability to evaluate various explanations for actions or events using production possibility frontiers and determine which explanation(s) best accords with textual evidence
III. Production Possibilities Curves
- Squares & Triangles PPC
- Corn Production Possibilities
IV. Chapter-1-Review-Sheet due Wednesday (summative points)
V. Chapter 1 Test Tomorrow
- Review iLearn Quiz
- Section 1-2 Flash Card Review
- Section 1-1 Review
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