AP Economics – 9/07/18

I.  Bellwork

Explain what would cause a shift inward (to the left) of the PPC and how that differs from a point inside the PPC.

II.  Objective:

  • Examine how comparative advantages and globalization have led to increasing trade.
  • Analyze the changing relationship between the American economy and the global economy.

III.  Discussion

A.  Trade & Specialization

  • Tree Map on Why Countries Trade?

B.  Absolute and Comparative Advantage

IV. Classwork on iLearn

V.  Homework

2 article Summaries on Economic policy (An article is a minimum of 4 paragraphs)

Articles must be less than 2 weeks old

For EACH article:

  • Provide a copy of the article.  +2 pts each
  • Cite the Publication and Date +1 each
  • Summary 1 Paragraph (4-8 structure sentences) + How this impacts you along with your opinion +7pts each

 

 


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