AP MacroEconomics – 1/27/2020

I.  Bellwork

   A.   Google Classroom  – NetFlix Article

II.  Objectives:

  • Analyze, create models, and explain  (using data from PPCs or tables as appropriate) how specialization according to comparative advantage with appropriate terms of trade can lead to gains from trade.
  • Create and explain (using graphs as appropriate) the relationship between the price of a good or service and the quantity demanded and/or quantity supplied
  • Demonstrate the effect of a change in an economic situation  (equilibrium) on an accurately labeled graph or visual.

III.  Classwork: On iLearn

IV.  Unit 1 Quiz Tomorrow


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