AP Macro Economics – 11/22/19
I. Bellwork
- Learning Goals on iLearn
II. Objectives
- Explain how scarcity and choice are central to the study of economics
- Differentiate between positive economics and normative economics
- Recognize when Economists agree and why they sometimes disagree
- Determine what makes macroeconomics different from microeconomics
III. Discussion/Overview: Clifford PPT 1.1 Introduction
A,Individual Choice
- Resources are Scarce
- Opportunity Cost
B. Microeconomics vs. Macroeconomics
C. Positive versus Normative Economics
- When and Why Economists Disagree
IV. Classwork on iLearn
- AP Macro Unit 1: Basic Economic Concepts Q&A 1-2
- 1.3 WS Q&A
V. HW: Module 1 Questions
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