Economics (Period 1)

Syllabus #1    Ms. Deeter

September 3 - September 19, 2008

Basic Concepts

 

Date                       In Class                                          Assignment:  (for the night after class)

 

Wed 9/3                 Class Basics                                   McConnell (Ch1): pp. 3-7       

                              Stock Market Game                      The First Commodity (Ex)

                              The Magic of Markets                   Register for Stock Market Game

                              Economics Experiment (maybe)  

                              Receive Web Questions #1           

                              Hand in Extra Credit

                              Summer Reading Essays      

                             

Thu 9/4                  Economic Assumptions/Goals   McConnell (Ch 1): pp. 8-18

                              Discuss Reading                            

                              “Marginal” Experiment              

                              Receive Web Questions #2

                                                                             

Fri 9/5                    Central Economic Problem             McConnell (Ch 2): pp. 29-41

                              Factors of Production                     Production Poss. Curve (Ex)

                              - “Office Space” Clip                      PPC & Opportunity Cost (Ex)

                              Economic Efficiency                        Finish Web Questions #1                     

                              PPC                                              

                              Receive PS #1

                             

Class #1                 Circular Flow Diagram                    McConnell (Ch 3): pp. 45-50 (Up to Supply)

(9/8)                       Economic Systems                          Finish PS #1, question #1

                              Chapter 2 Verbal Quiz                    Finish Web Questions #2

                              (Econ Millionaire)                           Print off Username for Stock Mkt. Game

                              Review PPC

                              Hand in Web Questions #1         

 

Class #2                 Demand                                         McConnell (Ch 3): pp. 50-61

(9/10)                     Stock Market Intro – darts           Demand and Supply Handout

                              Hand in PS #1, question #1          Gas Pricing Brochure            

                              Hand in Web Questions #2         

                              Hand in Username for Stock Mkt. Game 

 

Class #3                 Demand                                                    

(9/11)                     Supply                                     

                              Receive Web Questions #3


Class #4                 Supply                                            McConnell (Ch 2): pp. 34-37

(9/12)                     Price Determination                        Changes in Supply and Demand (Ex)

                              Shortage vs. Surplus                       Quantity Demanded & Supplied WS #1

                                                                                    Quantity Demanded & Supplied WS #2

                                                                                    (Do worksheets in class and finish for homework)

 

Class #5                 Sample S & D Question (Ex)        Study for Quest

(9/15)                     The Market System                 

                              Paper Airplane Challenge

                              Chapter 3 & 4 Verbal Quiz

 

Class #6                 Quest                                            McConnell (Ch 18): pp. 339-345

(9/16)                                                                           Finish Web Questions #3

                                                                                   

Class #7                 Elasticity                                         McConnell (Ch 18): pp. 346-347

(9/17)                     What is Price Elasticity                 Finish Exercises

                                of Demand (Ex)

                              Elasticity of Demand (Ex)

                              Receive Web Questions #4

                              Hand in Web Questions #3

 

Class #8                 More about Elasticity                      McConnell (Ch 18): pp. 348-351

(9/18)                     Go Over Quest

 

Class #9                 Elasticity and Graphs (Ex)           McConnell (Ch 18): pp. 352-355

(9/19)                     Economic Time Periods                  Finish PS #1 question #2

                              Price Elasticity of Supply                

Income and Cross Elasticities