{"id":16086,"date":"2018-10-01T00:05:04","date_gmt":"2018-10-01T04:05:04","guid":{"rendered":"http:\/\/iblog.dearbornschools.org\/farhoud\/?p=16086"},"modified":"2018-10-01T00:31:15","modified_gmt":"2018-10-01T04:31:15","slug":"ap-economics-10-01-18","status":"publish","type":"post","link":"https:\/\/iblog.dearbornschools.org\/farhoud\/2018\/10\/01\/ap-economics-10-01-18\/","title":{"rendered":"AP Economics &#8211; 10\/01\/18"},"content":{"rendered":"<p><strong>I.\u00a0 Bellwork<\/strong><\/p>\n<p><span style=\"font-weight: 400;\">A.\u00a0 Summarize the article below <\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\"><a href=\"https:\/\/www.nytimes.com\/2018\/06\/22\/well\/diabetes-patients-at-risk-from-rising-insulin-prices.html\"><span style=\"font-weight: 400;\">https:\/\/www.nytimes.com\/2018\/06\/22\/well\/diabetes-patients-at-risk-from-rising-insulin-prices.html<\/span><\/a><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">B.\u00a0 \u00a0Explain what the options are for the consumers and how they are impacted impacted<\/span><\/p>\n<p><strong>II.\u00a0 Objectives:<\/strong><\/p>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Discuss how the Substitution Effect and Income Effect impact demand<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Construct formulas to determine demand elasticity<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Integrate and evaluate \u00a0information presented in order to determine demand elasticity or inelasticity.<\/span><\/li>\n<\/ul>\n<p><b>III. \u00a0\u00a0Discussion \u00a0Pages 458-464<\/b><\/p>\n<p><b>A.\u00a0 Substitution and Income Effect on the Demand Curve Slope &#8211; Change in Qd<\/b><\/p>\n<ul>\n<li><b>Practice on iLearn<\/b><\/li>\n<\/ul>\n<p><b>B.\u00a0 Demand Elasticity &amp; Inelasticity &#8211; <\/b><a href=\"https:\/\/www.youtube.com\/watch?v=4oj_lnj6pXA&amp;list=PL336C870BEAD3B58B&amp;index=17\"><b>Elasticity of Demand<\/b><\/a><\/p>\n<ul>\n<li style=\"font-weight: 400;\"><a href=\"https:\/\/www.mackinac.org\/article.aspx?ID=1247\"><b>Elasticity Examples<\/b><\/a><span style=\"font-weight: 400;\"> &amp; <\/span><a href=\"https:\/\/www.economicshelp.org\/blog\/7019\/economics\/examples-of-elasticity\/\"><b>Another list<\/b><\/a><\/li>\n<\/ul>\n<p><b>C.\u00a0 Calculating Price Elasticity of Demand<\/b><\/p>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">%Change in Qd \/ %Change in P<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Midpoint Method<\/span>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\"> Practice on iLearn<\/span><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p><b>IV.\u00a0 \u00a0Classwork\/Homework<\/b><\/p>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">P465 Check Your Understanding #2<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">P465 1-5 Letter and Answer<\/span><\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>I.\u00a0 Bellwork A.\u00a0 Summarize the article below https:\/\/www.nytimes.com\/2018\/06\/22\/well\/diabetes-patients-at-risk-from-rising-insulin-prices.html B.\u00a0 \u00a0Explain what the options are for the consumers and how they are impacted impacted II.\u00a0 Objectives: Discuss how the Substitution Effect and Income Effect impact demand Construct formulas to determine demand elasticity Integrate and evaluate \u00a0information presented in order to determine demand elasticity or inelasticity. III. [&hellip;]<\/p>\n","protected":false},"author":176,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[89],"tags":[],"class_list":["post-16086","post","type-post","status-publish","format-standard","hentry","category-ap-economics"],"_links":{"self":[{"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/posts\/16086","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=16086"}],"version-history":[{"count":0,"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/posts\/16086\/revisions"}],"wp:attachment":[{"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/media?parent=16086"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/categories?post=16086"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/tags?post=16086"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}