{"id":18303,"date":"2020-01-10T00:04:16","date_gmt":"2020-01-10T05:04:16","guid":{"rendered":"https:\/\/iblog.dearbornschools.org\/farhoud\/?p=18303"},"modified":"2020-01-10T00:04:19","modified_gmt":"2020-01-10T05:04:19","slug":"economics-1-10-2020","status":"publish","type":"post","link":"https:\/\/iblog.dearbornschools.org\/farhoud\/2020\/01\/10\/economics-1-10-2020\/","title":{"rendered":"Economics &#8211; 1\/10\/2020"},"content":{"rendered":"\n<p>I.&nbsp; Bellwork on iLearn<\/p>\n\n\n\n<p>II.&nbsp; Objectives:<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Review and discuss topics covered on the final exam.<\/li><li>Analyze economic problems and construct written responses which explain the issues and provide accurate solutions<\/li><\/ul>\n\n\n\n<p>III. Turn in Your Books on Monday or receive a $80 delinquency\u2019<\/p>\n\n\n\n<p>IV.&nbsp; What to study:<\/p>\n\n\n\n<p>A.&nbsp; Final Exam Review Sheet on iLearn<\/p>\n\n\n\n<p>B.&nbsp; Economics \u2013 Post Test&nbsp; on iLearn<\/p>\n\n\n\n<p>C.&nbsp; Create and label graph \u2013 identify surplus, shortage &amp; equilibrium<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh6.googleusercontent.com\/J9NFAT63VGou3hu6jXRR_CBYd7oSZrX-Llycj_FuFsuq4sVAQlXnN--IS2c0ojjmfzGdfs3T7sFCxPJeDuaM1lO5qe9qCVy67IMr6UL2iKuCnm3RtYi_21itcjbc0aZ2CXlC3_5J\" alt=\"Equilibrium picture 2\"\/><\/figure>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh4.googleusercontent.com\/RGzSMUqJoJUBhly2nBqAanTWNltcuzBuSP0pUP2_szWIF2FD9urNAusUYIR_3ruth1FkHEH1esEe-pgl12LquydTVpgJI0nRoNTElkDHvNrqIjLqHNr-AAfK2gKCrpx0jGtVUKaR\" alt=\"Equilibrium picture\"\/><\/figure>\n\n\n\n<p>V.&nbsp; Classwork<\/p>\n\n\n\n<p>A.&nbsp; Construct a graph to illustrate cost-push inflation<\/p>\n\n\n\n<p>B.&nbsp; Construct a graph to illustrate demand -pull inflation<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh3.googleusercontent.com\/KPuu9JHWikVSWcKGOqT_WSb7LrYplwJkgVto5FmZq5P-FvKl_FtQzf7WPfkvkr_mz7sxyU9ZWqpHyqu22XTO1uDE5jl1ivlTp31y_FsDwPOCukvaQ3maISkQuMJgz9MKbk1_uW3d\" alt=\"\"\/><\/figure>\n\n\n\n<p>C. Draw the table below and construct the graph label equilibrium quantity and price<\/p>\n\n\n\n<p>D.&nbsp; Draw a simple supply and demand graph and explain where a price ceiling would be located and who benefits from it.<\/p>\n\n\n\n<p>E. Draw a simple supply and demand graph and explain where a price floor would be located and who benefits from it.<\/p>\n\n\n\n<p>F.&nbsp; Explain a deficit and how it can be corrected.<\/p>\n\n\n\n<p>G.&nbsp; Use a diagram to provide an example of trade-offs and an opportunity cost and explain the process.<\/p>\n\n\n\n<p>H.&nbsp; Some people have argued that the reported unemployment rate actually understates the extent of unemployment. Explain this reasoning and provide examples for support.<br><\/p>\n\n\n\n<p>VI.&nbsp; Exam: &nbsp; Monday \u2013 &nbsp; &nbsp; Questions and graphs<\/p>\n\n\n\n<p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Tuesday \u2013&nbsp; Multiple Choice<\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>I.&nbsp; Bellwork on iLearn II.&nbsp; Objectives: Review and discuss topics covered on the final exam. Analyze economic problems and construct written responses which explain the issues and provide accurate solutions III. Turn in Your Books on Monday or receive a $80 delinquency\u2019 IV.&nbsp; What to study: A.&nbsp; Final Exam Review Sheet on iLearn B.&nbsp; Economics [&hellip;]<\/p>\n","protected":false},"author":176,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[94],"tags":[],"class_list":["post-18303","post","type-post","status-publish","format-standard","hentry","category-economics-f2019"],"_links":{"self":[{"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/posts\/18303","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=18303"}],"version-history":[{"count":1,"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/posts\/18303\/revisions"}],"predecessor-version":[{"id":18305,"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/posts\/18303\/revisions\/18305"}],"wp:attachment":[{"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/media?parent=18303"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/categories?post=18303"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/tags?post=18303"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}