AP Economics
Economics isn’t just something you find in a textbook. It can be a potent tool to right past wrongs and improve people’s lives. - Janet Yellen
Your to-do list
Going big on tradeIf you have nothing, what can you trade?Imagine a country with little in terms of natural resources or technology. What could they offer a country like the United States in trade? What might they have a comparative advantage in and maybe even an absolute one? Supply and Demand Mad LibsPlease head to Google Classroom for the Supply and Demand (1.4 & 1.5) Mad Libs material. In this activity, you will have to write a story of supply and demand. All you need do is fill in the blanks or circle items based on what you read. Your homework
Our upcoming calendarFriday, October 2nd: Market Equilibrium, Disequilibrium, and Changes in Equilibrium (1.6) and Unit 1 Review.
Tuesday, October 6th: Begin Unit 2 Friday, October 9th: Unit 1 Test (will consist of 30 AP Exam Multiple Choice questions in a 30 minutes time limit) and continued work on Unit 2
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Gains from TradeWhy do people want to trade with each other? Please head to the Determining Comparative Advantage material on Google Classroom to find out why. Going big on tradeIf you have nothing, what can you trade?Imagine a country with little in terms of natural resources or technology. What could they offer a country like the United States in trade? What might they have a comparative advantage in and maybe even an absolute one? Your homeworkPlease complete the Comparative Advantage and Trade (1.3) assignment on Google Classroom for Friday, September 25th.
Your to-do list
Different types of Production Possibilities CurvesComparative and Absolute AdvantageThink of a location around the globe that is known for something that it produces. Why does it produce that good? Gains from TradeWhy do people want to trade with each other? Please head to the Determining Comparative Advantage material on Google Classroom to find out why. If you have nothing, what can you trade?Imagine a country with little in terms of natural resources or technology. What could they offer a country like the United States in trade? What might they have a comparative advantage in and maybe even an absolute one? Your homeworkPlease complete the Comparative Advantage and Trade assignment on Google Classroom for Friday, September 25th.
Your to-do list
The Lazy SongPlease listen to Bruno Mars' Lazy Song. Try to keep track of all of the things he could of done today but chose not to. Don't worry if you miss some. What do we need to make something?Drawing Squares and TrianglesHow many squares and triangles can you draw in ten seconds? Let's find out. Just remember... the choice is yours. You just need to factor in opportunity cost.Your homework
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March 2024
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