{"id":10595,"date":"2014-11-10T23:43:12","date_gmt":"2014-11-11T04:43:12","guid":{"rendered":"http:\/\/iblog.dearbornschools.org\/farhoud\/?p=10595"},"modified":"2014-11-11T23:25:17","modified_gmt":"2014-11-12T04:25:17","slug":"economics-111114","status":"publish","type":"post","link":"https:\/\/iblog.dearbornschools.org\/farhoud\/2014\/11\/10\/economics-111114\/","title":{"rendered":"Economics &#8211; 11\/11\/14"},"content":{"rendered":"<p><strong> I. Bellwork <\/strong><\/p>\n<p>A.) Your store is constantly selling out of a certain cologne. Explain what can you conclude about the cologne&#8217;s current price in regards to equilibrium? Explain what should you do?<\/p>\n<p>B.) The cost of attending college is becoming increasingly expensive and more difficult for many students to afford. Explain the positive outcomes would occur if the government put a cap or limit on college tuition? Explain what negative consequences may occur?<\/p>\n<p><strong> II.\u00a0 Objective<\/strong><\/p>\n<ul>\n<li>Evaluate various explanations for actions or events and determine which explanation best accords with textual evidence.<\/li>\n<li>Analyze the impact of a change in public policy (price ceilings and price floors) on consumers, producers, workers, savers, and investors.<\/li>\n<\/ul>\n<p><strong>III.\u00a0Discussion \u2013 Pgs. 156-161 Social Goals &amp; Market Efficiency<\/strong><\/p>\n<ul>\n<li><a href=\"https:\/\/www.youtube.com\/watch?v=XgBPAucs-W4&amp;feature=related\">Price Ceilings and Price Floors<\/a><\/li>\n<li><a href=\"https:\/\/articles.latimes.com\/2012\/apr\/24\/nation\/la-na-court-rent-control-20120424\">Supreme Court Rejects Rent Control Challenge<\/a><\/li>\n<\/ul>\n<ul>\n<li><a href=\"https:\/\/youtu.be\/R0h8kfA4i_A\">Price Ceiling \u2014 Rent Control Example from John Stossel<\/a><\/li>\n<\/ul>\n<p>IV. <strong>Price Controls Bridge Map &#8211; Price Floor &amp; Price Ceiling<\/strong><\/p>\n<p><strong> V.\u00a0 iLearn Quiz ends tomorrow @ 4:30<\/strong><\/p>\n<p>VI.\u00a0 <strong>Classwork<\/strong><\/p>\n<p>A. Are Rent Controls Necessary?<\/p>\n<ul>\n<li>Thinking Map<\/li>\n<li>(State your position &amp; provide support) &#8211; 1 paragraph<\/li>\n<li>(State the counter claim &amp; provide support) &#8211; 1 paragraph<\/li>\n<\/ul>\n<p>B.\u00a0 Page 156 Vocabulary (8)<\/p>\n<p>C. Page 161 #2-7 Q&amp;A<\/p>\n<p><strong>VII.\u00a0 Chapter 6 Test Friday<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>I. Bellwork A.) Your store is constantly selling out of a certain cologne. Explain what can you conclude about the cologne&#8217;s current price in regards to equilibrium? Explain what should you do? B.) The cost of attending college is becoming increasingly expensive and more difficult for many students to afford. Explain the positive outcomes would [&hellip;]<\/p>\n","protected":false},"author":176,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[68],"tags":[],"class_list":["post-10595","post","type-post","status-publish","format-standard","hentry","category-economics-f2014"],"_links":{"self":[{"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/posts\/10595","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/users\/176"}],"replies":[{"embeddable":true,"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/comments?post=10595"}],"version-history":[{"count":0,"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/posts\/10595\/revisions"}],"wp:attachment":[{"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/media?parent=10595"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/categories?post=10595"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/tags?post=10595"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}