I.  Objectives: Analyze and construct economic models related to the Micro and Macro FRQ’s Review and apply concepts related to  Micro and Macro economics to prepare for the AP Exam. II.  Turn in Review Sheets Microeconomics Unit 2: Demand, Supply, and Consumer Choice Pages 57-59 Macro Unit 3: Aggregate Demand, Aggregate Supply, and Fiscal Policy […]

I.  Objectives: Analyze and construct economic models related to the Micro and Macro FRQ’s Review and apply concepts related to  Micro and Macro economics to prepare for the AP Exam. II.  Turn in iLearn Worksheet 45.1 III.  Classwork:   Review Packet on iLearn Microeconomics Unit 2: Demand, Supply, and Consumer Choice Pages 57-59 Macro Unit […]

I.  Bellwork Page 451 -Check Your Understanding 1a-c II.  Objectives Apply macroeconomic models to conduct policy analysis Develop an approach to analyzing and solving Macroeconomic FRQ’s III.  Discussion: Pages 444-451 A.  Components of an FRQ Starting Point Pivotal Event Initial effects of the event Secondary & Long run Effects of the Event Macro 2010 FRQ […]

I.  Section 8 Exam II.  AP Exam Macro – May 15 – noon Micro –  May 17 – morning III.  Macro Final – 5/21-5/22    

I.  Objectives: Demonstrate how absolute and comparative advantage is determine and how these advantages are applied to create beneficial trade. Identify and explain the determinants of international capital flows Explain the importance of real exchange rates and their role in the current account Describe the effects of currency devaluation and revaluation under a fixed exchange […]

I.  Bellwork Page 442 MC 1-5 letter & Answer & P443 FRQ#2 (Answers) II. Objectives Identify and explain factors which impact trade and influence a nations economy. Analyze and create economic model illustrating how trade impacts a nations economy III.  Section 8 Exam tomorrow IV.  Complete Module 43 Questions on iLearn- in class today V. […]

I.  Bellwork Page 435 MC 1-5 Q&A & P436 FRQ#2 II.  Objectives Explain the pros and cons of protectionism Illustrate the effects of a tariff and an import quota III. Section 8 Exam Friday IV.  Barriers to Trade p 437-441 Micro 2.8 Tariffs and Quotas A.  Trade Restrictions Tariffs Import Quotas V.  Classwork on iLearn […]

I.  Bellwork Q&A 43.1 WS on iLEARNin Module 43 Student  Why China’s Currency Tangos with the USD? II.  Objectives Explain the difference between fixed exchange rates and floating exchange rates Discuss the considerations that lead countries to choose different exchange rate regimes Describe the effects of currency devaluation and revaluation under a fixed exchange rate […]

I.  Bellwork Page 425 MC 1-5 & P426 FRQ#2 II.  Objectives Explain the role of the foreign exchange market and the exchange rate Discuss the importance of real exchange rates and their role in the current account III.  Participation person (1) A.  Collect Homework, staple together and give to sub B.  Collect Bellwork staple together […]

I.  Bellwork On iLearn: Worksheet 42.3: Big Mac Index “What Does the Big Mac Index Really Measure?” II.  Objectives: Explain the role of the foreign exchange market and the exchange rate Discuss the importance of real exchange rates and their role in the current account III.  The Role of the Exchange Rate A.  Understanding Exchange […]