AP Economics – 9/10/19
I. Bellwork AP Central 1.5 & 1.6 Review
II Objectives
- Integrate and evaluate information presented to construct economic models which calculate marginal utility and marginal utility by dollar
- Apply marginal analysis to determine the optimal consumption bundle
- Discuss economic concepts and reflect upon misconceptions by reviewing previous AP central assignments
III. Classwork
- Second part of 2.11
IV. Review AP Central Work
- Basic terminology
- Economic Systems and Government
- Comparative & Absolute Advantage –
- PPC
- Determining marginal utility and Optimal Consumption
- Trade-Offs & Opportunity Cost
Leave a Reply