AP Economics – 9/20/19
I. Bellwork
1.10 Price Controls on iLearn 1-4
II. Objectives
- Evaluate various explanations for actions or events and determine which explanation best accords with textual evidence.
- Analyze the impact of a change in public policy (price ceilings and price floors) on consumers, producers, workers, savers, and investors.
III. Discussion – Social Goals & Market Efficiency
- Price Ceilings and Floors- Economics 2.5
- price-controls-definition-nixon
- Price Ceilings and Price Floors
- Price Ceiling — Rent Control Example from John Stossel
VI. Price Controls Bridge Map – Price Floor & Price Ceiling
VI. Homework on iLearn
- 2.5 Price Controls
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