{"id":18577,"date":"2020-03-11T22:04:57","date_gmt":"2020-03-12T02:04:57","guid":{"rendered":"https:\/\/iblog.dearbornschools.org\/farhoud\/?p=18577"},"modified":"2020-03-18T22:26:14","modified_gmt":"2020-03-19T02:26:14","slug":"ap-macro-3-12-2020","status":"publish","type":"post","link":"https:\/\/iblog.dearbornschools.org\/farhoud\/2020\/03\/11\/ap-macro-3-12-2020\/","title":{"rendered":"AP Macro &#8211; 3\/12\/2020"},"content":{"rendered":"\n<p><strong>I.&nbsp; Bellwork<\/strong><\/p>\n\n\n\n<p><strong>A.&nbsp; <a href=\"https:\/\/www.foxnews.com\/politics\/annual-economic-growth-hits-3-percent-defying-predictions-of-trump-critics\">Annual economic growth hits 3 percent, defying predictions of Trump critics<\/a><\/strong><\/p>\n\n\n\n<p>Summarize the article explaining its significance, what it is attributed to, and the&nbsp; critics responses.<\/p>\n\n\n\n<p>B.  Page 372 FRQ #2<\/p>\n\n\n\n<p><strong>II.&nbsp; Objectives:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Illustrate changes in productivity using an aggregate production function<\/li><li>Discuss how growth has varied among several important regions of the world and explain why the <strong>convergence hypothesis <\/strong>applies to economically advanced countries<\/li><\/ul>\n\n\n\n<p><strong>III.&nbsp; Discussion: Productivity and Growth Pgs. 373-382<\/strong><\/p>\n\n\n\n<p> <a href=\"https:\/\/www.youtube.com\/watch?v=k-pJZ-wL5uQ\"><strong>MODULE 38 NOTES: AGGREGATE PRODUCTION FUNCTION<\/strong><\/a> <\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Aggregate production function:&nbsp; Tech x Physical capital per worker x Human capital per worker<\/li><li>Diminishing Returns to physical capital<\/li><li><a href=\"https:\/\/www.youtube.com\/watch?v=HO7uTUspFVk\">Economic Freedom Quality of Life [MIRROR]<\/a><\/li><li>Natural resources impact on economic growth<\/li><li>Economic growth disparity (East Asia, Latin America, &amp; Africa)<\/li><\/ul>\n\n\n\n<p><strong>IV.&nbsp; Classwork:&nbsp; Due today<\/strong><\/p>\n\n\n\n<p><strong>A.&nbsp; Questions<\/strong>:<\/p>\n\n\n\n<ol class=\"wp-block-list\"><li>Explain diminishing returns to physical capital and provide an example of how it can occur. 2pts<\/li><li>P.378&nbsp; FYI Explain the information technology paradox and <strong>how it is resolved. 2pts<\/strong><\/li><li>P.381 FYI Explain the Convergence hypothesis.&nbsp; the problem with the theory, and why conditional convergence is needed. 3pts<\/li><\/ol>\n\n\n\n<p>B. &nbsp; MC page 382-383 MC 1-5<\/p>\n\n\n\n<p>C.&nbsp; P383 FRQ #2 a, b, c, &amp; d (Draw a graph for each question with a small explanation) Watch video below<\/p>\n\n\n\n<p><strong>V.&nbsp; Summative Classwork\/Homework:&nbsp;<\/strong><\/p>\n\n\n\n<p>A.&nbsp; Select the link:&nbsp; <a href=\"https:\/\/sffed-education.org\/chairman\/\">https:\/\/sffed-education.org\/chairman\/<\/a><\/p>\n\n\n\n<ol class=\"wp-block-list\"><li>Read and follow the directions on how to play the game.<\/li><li>When you win, hit CTRL &amp; PRTSC to copy the screen.<\/li><li>Paste it on a Google document<\/li><li><strong>Type<\/strong> a <strong>paragraph<\/strong> 6-8 sentences about the decisions you had to make, your strategy, and any problems you encountered. \u2013 3 <strong>handwritten<\/strong><\/li><li>Print it off or email it to me. farhoua@dearbornschools.org<\/li><\/ol>\n\n\n\n<p>    <strong>1.&nbsp; Scoring: 10 summative<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Successful completing and copy of the screen. 5 pts<\/li><li>Typed Paragraph (6-8 sentences) about the decisions you had to make, your strategy, and any difficulties you encountered while playing the simulation. 5 pts<\/li><li>If you are not successful, you will lose 3 points and still need to to everything mentioned above<\/li><\/ul>\n\n\n\n<p><strong>C.&nbsp; Homework &#8211; Formative 10 pts<\/strong><\/p>\n\n\n\n<p>Find an article on quantitative easing.&nbsp; Describe it, determine why and how it is used. Explain its benefits and drawbacks. provide your opinion on its use, include a link to the article \u2013 6-8 sentence<br><\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>I.&nbsp; Bellwork A.&nbsp; Annual economic growth hits 3 percent, defying predictions of Trump critics Summarize the article explaining its significance, what it is attributed to, and the&nbsp; critics responses. B. Page 372 FRQ #2 II.&nbsp; Objectives: Illustrate changes in productivity using an aggregate production function Discuss how growth has varied among several important regions of [&hellip;]<\/p>\n","protected":false},"author":176,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[96],"tags":[],"class_list":["post-18577","post","type-post","status-publish","format-standard","hentry","category-ap-macro-w2020"],"_links":{"self":[{"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/posts\/18577","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=18577"}],"version-history":[{"count":2,"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/posts\/18577\/revisions"}],"predecessor-version":[{"id":18606,"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/posts\/18577\/revisions\/18606"}],"wp:attachment":[{"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/media?parent=18577"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/categories?post=18577"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/tags?post=18577"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}