Jan 06

Accounting – 1/07/2020

I.  Objectives

  • Apply terminology and concepts related to income statements and balance sheets
  • Interpret information from a worksheet and construct financial statements (I/S an B/S) in accordance with GAAP

II. Chapter 7 Exam – on iLearn

A. Multiple Choice

B. Income Statement and Balance Sheet

Jan 06

AP Economics – 1/07/2020

I.  Bellwork  

  • A.  Page 761 MC 1-5
  • B.  Page 762 #2 a & b

II.  Objectives

  • Identify the three major antitrust laws and describe how they are used to promote competition
  • Explain how government regulation is used to prevent inefficiency in the case of natural monopoly
  • Discuss the pros and cons of using marginal cost pricing and average cost pricing to regulate prices in natural monopolies

III.  Discussion:  Public Policy to Promote Competition pages 763-766

-Episode 28: Regulation

A.  Promoting Competition

B.  Antitrust Policy

  1. The Sherman Antitrust Act of 1890
  2. The Clayton Antitrust Act of 1914
  3. The Federal Trade Commission Act of 1914

C.  Dealing with Natural Monopoly

IV.  Classwork

  • Module 77 Questions on iLearn
Jan 06

Economics – 1/07/2020

I  .Bellwork: Questions & Answers

Inflation Rate Graph
  1. What is the topic of the graph?
  2. What do the x-axis and y-axis represent?
  3. What are some observations you can make based on the graph?
  4. What do you believe may happen in 2015? Explain.

II.  Objective:

  • Identify how inflation is measured, the causes of inflation, and its impact on the economy.
  • Differentiate between the types and causes of inflation through discussion and construction of thinking maps.

III.  Discuss 13-2 Inflation pages 361-367

IV.  Notebook Work

Inflation Cause and Effect

V.  Classwork

VI.  Small Quiz on iLearn – Business Cycle