Economics W2017
Economics – 5/04/17
I. Bellwork: Q&A Copy the demand schedule for cotton candy and prepare the related graph. Price Quantity Demanded $3.00 10 $2.50 20 $2.00 30 $1.50 35 $1.00 45 .50 60 II. Objective Explain the difference between a change in demand and a change in quantity demand Identify and examine factors that cause a change in […]
Economics – 5/03/17
I. Bellwork Q&A 1-5 Chp 4 Primary and Secondary Sources Workbook II. Objective: Construct and interpret Demand Schedules and Demand Curves Provide a conclusion that follows from and reflects upon what the construction and analysis of the .demand curve.. III. Discussion/Notebook Work: Constructing Demand Curves A. Quick Review of Topics Demand Schedule and Curve for […]
Economics – 5/02/17
I. Bellwork: Write a paragraph (3-6 sentences) about a product or service you tried to purchase that was difficult to obtain due to high demand. Explain why demand for the product or service was so high and how you were able or unable to obtain the product or service II. Objective: Determine what creates demand, […]
Economics – 5/01/17
I. Bellwork Explain why some people support trade restrictions. Explain why some people support free trade. Bellwork Q&A 1-5 Chp 4 Primary and Secondary Sources Workbook II. Objective: Construct and interpret Demand Schedules and Demand Curves Provide a conclusion that follows from and reflects upon what the construction and analysis of the .demand curve.. III. […]
Economics – 4/28/17
I. Bellwork: Q&A A. Describe the symbolism in the cartoon. B. Explain the author’s message. C. Explain how this cartoon relates to outsourcing and globalization. II. Objective Explain key principles which are involved in international trade and the impact of globalization. Using a secondary source document discuss the argument for protectionism and free trade […]
Economics – 4/27/17
I. Bellwork: Country X Country Y Grapefruit 10/tons 15/tons Olives 40/tons 30/tons Q&A Explain your answer and show/compare both mathematical relationships Which country has the absolute advantage in producing grapefruit? Which country has the absolute advantage in producing olives? Which country has the comparative advantage in producing grapefruit? Which country has the comparative advantage […]
Economics – 4/26/17
I. Bellwork: Q&A List two states and a product each state has an advantage in producing. List two countries and a product each country has an advantage in producing. II. Objective: Examine how comparative advantages and globalization have led to increasing trade. Analyze the changing relationship between the American economy and the global economy. III. […]
Economics – 4/25/17
I. Bellwork Q&A Why would the Federal Reserve need to use an contractionary monetary policy? Explain a tight money policies impact on exports. Explain why changes in the discount rate affect the prime rate and most other interest rates? II. Objectives: Explain how the Federal Reserve uses monetary policy as a means to achieve macroeconomic […]
Economics – 4/24/17
I. Bellwork A, Donald Trump Wants to Know What was President Trump’s question? Explain both answers. Explain the answer you believe is better. II. Objective Identify how the Federal Reserve uses monetary policy as a means to achieve macroeconomic goals Construct a brace map describing the various monetary policies used by the Fed and their […]
Economics – 4/21/17
I. Bellwork Q&A Why would the Federal Reserve need to use an expansionary money policy? List 3 different tools and how the Fed can use them to implement an expansionary monetary policy. II. Objective: Analyze how the decisions made by a country’s central bank (or the Federal Reserve) impact a nation’s economy and international trade […]