Economics – 10/25/13

I.  Bellwork Q&A

  • Reading Check Page 129
  • Reading Check Page 130

II.  Objective:

  • Examine how changes in labor affect output. – Theory of Production
  • Construct a production function and identify the stages of production
  • Evaluate various explanations for actions or events and determine which explanation best accords with textual evidence.

III.   Discussion: Pages 127-130 Theory of Production

IV. Notebook Work

A. .  Production Function Practice-First one in notebook

V.  Classwork: 

Complete and turn in the 2nd Production Schedule and Production Function

  • P. 127 Vocabulary (9)

 


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