AP Economics -10/25/19

I. Bellwork

Page 581 Check Your Understanding & Tackle the Test 1-5

II. Objectives:

  • Construct, analyze and interpret economic models relating to MC, ATC, and MR to determine profit maximization and industry entry and exit by firms
  • Explain and calculate using data from a graph or table various measures of productivity and short/long run costs.
  • Define (using graphs where appropriate) key terms and concepts relating to production, marginal analysis, and profit maximization.

III. Classwork

  • AP Classroom Problems – together in class
  • Homework – iLearn Review

IV. Exam Monday -Section 10 (Module 52-57)

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