October, 2018
AP Economics – 10/29/18
I. Bellwork Page 538 Free Response #2 a-d (show your work) II. Objectives Perform Marginal Analysis Determine the profit maximizing level of output using the optimal output rule Analyze, interpret and construct economic models to solve problems and make decisions III. Discussion: Profit Maximization pgs. 539-542 Total Revenue = P x Q Profit = TR – […]
AP Economics – 10/26/18
I. Bellwork Page 581 Check Your Understanding a-d Tackle the Test 1-5 II. Objectives: Explain the difference between explicit and implicit costs and there importance in decision making Describe the different types of profit: accounting , economic, and normal Calculate profit III. Discussion Defining Profit p 533-536 Formula for Profit Differentiate between Explicit & Implicit Costs […]
Accounting – 10/26/18
I. Bellwork Updated Learning Plan on Google Classroom II. Objectives Manage finances and maintain a budget by making sound financial decisions Analyze and interpret choice based upon financial constraints III. Precision Exam Pretest IV. Finish Banzai A. Go to teachbanzai.com Finish Game & Post Test
Economics – 10/26/18
I. Objectives: Q&A A. Provide an example of 3 fixed costs a business may have. B. Provide an example of 3 variable costs a business may have. II Objectives Construct and analyze the production function and other decision making models which are used to make business decisions. Determine the meaning and functions of words and phrases […]
AP Economics – 10/25/18
I. Bellwork Page 718-719 Tackle the Test 1-5 II. Objective: Explain the meaning and dimension of market structure Describe the four principal types of market structures III. Module 57 Introduction to Market Structure pgs. 572-581 Perfect Competition Conditions for Perfect Competition Monopolies Oligopoly Monopolistic Competition Market Structures https://youtu.be/9Hxy-TuX9fs Perfect Competition https://youtu.be/61GCogalzVc IV. Notes: Figure 57.2 Page 581 […]
Accounting – 10/25/18
I. Review learning plan on Google Classroom II Objectives Utilize the proper procedures to record transactions in the general ledger Demonstrate the proper application of accounting terminology and concepts Explain the proper technique in opening an account Develop and write a sample goal plan for class focusing on a course of action to attain the goal […]
Economics – 10/25/18
I. Bellwork: Review learning plan on Google Classroom II Objectives: Determine how businesses analyze their costs and revenues to maximize profits. Determine the meaning of words and phrases by constructing a brace map to categorize and differentiate costs. III. Discussion/Notebook: How Nintendo loses money on every Wii U Variable Costs Construct a Brace Map – […]
AP Economics – 10/24/18
I. Bellwork Page 571 Tackle the Test 1-5 (write out answers) II. Objectives Explain how firms determine the optimal input mix Apply the cost Minimization rule for employing inputs Analyze and interpret economic models III. Discussion: The Cost Minimizing Input Combination Pages 715-717 A. Labor & Capital as Substitutes and Complements B. Notebook: Explain the […]
Accounting – 10/24/18
I. Bellwork Page 119 Nike’s Financial Statement 1-3 Questions & Answers II. Objectives Review how to create a chart of accounts, post to a ledger, and correct accounting errors. Explain the steps to follow when posting from a general journal to ledger accounts Review how to determine balances in a general ledger Interpret information […]
Economics – 10/24/18
I. Bellwork A Copy the table and complete the Marginal Product & Stage of Production Columns (No graph – just the table) Number of Workers Total Product Marginal Product Stage of Production 0 0 1 4 2 12 3 22 4 34 5 38 6 40 7 36 8 30 II. Objective Complete a production […]