October, 2019

Economics – 10/23/19

I.  Bellwork – Explain what occurs to total product and marginal product at each stage. – Copy the table    TOTAL PRODUCT MARGINAL PRODUCT STAGE 1 STAGE 2 STAGE 3 II.  Objective: Construct a production function and identify the stages of production Create and interpret economic models based upon production data in order to form […]

AP Economics – 10/22/19

I.  Bellwork Page 570-571 Tackle the Test 1-5 & FRQ #2 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 Micro 3.7 Economic Profit and Costs Formula for Profit Differentiate […]

Economics – 10/22/19

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 […]

Accounting – 10/22/19

I. Bellwork on Google Classroom – Update Learning Plan II.  Objectives Reflect upon the previous card marking and develop goals for the 2nd card marking as well as identify means to achieve the goals. Analyze incorrect journal entries and prepare correcting entries Demonstrate how to correct errors made during posting III.  Read and Discuss:  Pages […]

Economics – 10/21/19

I. Bellwork: on Google Classroom – Update Learning Plan II.  Objective Identify how changes in labor result in changes in output. – Theory of Production Construct a production function and analyze and explain the information it provides Evaluate various explanations for actions or events and determine which explanation best accords with textual evidence III.  Diminishing […]

Accounting – 10/21/19

I.  Bellwork:    Questions & Answers A.  401K Article Information What is a 401K? Explain how matching works When can you withdraw your money? II   Objectives Interpret and analyze financial information in order to make sound financial decisions regarding (401K) retirement accounts and maintaining budget constraints. Post amounts from a General Journal to ledger accounts […]

AP Economics – 10/21/19

I.  Bellwork Page 562 Tackle the Test 1-5 write Answers II  Objectives Explain why a firm’s cost may differ between the short run and long run Describe how a firm can enjoy economies of scale Interpret and explain graphic models representing costs in the short and long run III.  Discussion Module 56 Long Run Costs […]

Economics – 10/18/19

I. Bellwork: Look at Figure 5.4 on Page 124. A. Describe how the appearance of the 3 supply curves differ. B. Explain how their appearance relates to elasticity. II.  Objective Identify how changes in labor result in changes in output. – Theory of Production Construct a production function and analyze and explain the information it […]

AP Economics – 10/18/19

I.  Bellwork Page 562 Tackle the Test 1-5 write Answers II  Objectives Explain why a firm’s cost may differ between the short run and long run Describe how a firm can enjoy economies of scale Interpret and explain graphic models representing costs in the long run III.  Discussion Module 56 Long Run Costs & economies […]

Accounting- 10/18/19

I. Bellwork  Arrange the following Expenses in order and assign the correct account numbers to each: Repairs Expense,  Miscellaneous Expense, Supplies Expense, Advertising Expense, Insurance Expense II.   Objectives Post amounts from a General Journal to ledger accounts Demonstrate how to prove cash Orally explain how to post from a general journal to a ledger […]

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