Your to-do listLet's take today and wrap up our work on the PPC. Be sure that you have the Graphing the PPC and the Production Possibilities Curve Case Studies handy.
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Vacation Check-InLet's start with a check in on how your vacation went. Please head to Google Classroom to fill out a brief survey. Remember the PPC?We just began work on this graph before break. Let's return to the Graphing the PPC activity. We'll follow it up with more review on the Production Possibilities Curve Case Study.
Baby's first market failure
The childcare industry is a mess... What could the government do to fix it? Please head to Google Classroom and examine the document posted under this question and pose some ideas as to how the government could fix this problem.
Drawing Squares and Triangles
How many squares and triangles can you draw in ten seconds? Let's find out.
Graphing the PPCYour to-do list
Let's try to complete our work on the role of government in the economy.
Baby's first market failure
The childcare industry is a mess... What could the government do to fix it? Please head to Google Classroom and examine the document posted under this question and pose some ideas as to how the government could fix this problem.
A review of some terms
Opportunity cost: the value of your next best option. What is the value of what you chose not to do with your time right now?
Marginal analysis: decision making around the value of the next unit. Do you want to eat that next cookie or not? Cost-Benefit Analysis: Can you take all of the costs involved in something and determine the best result? Your to-do list
Please open the Nearpod app. I will post the code to join our session in the Zoom chat for those of you at home. We will resume the presentation on the role of government momentarily.
Baby's first market failure
The childcare industry is a mess... What could the government do to fix it? Please head to Google Classroom and examine the document posted under this question and pose some ideas as to how the government could fix this problem.
Your to-do list
Anything wrong with this idea?The Role of GovernmentPlease open the Nearpod app and wait for the code. I will post it in the chat.
Please also access the Role of Government- Nearpod notes on Google Classroom. I expect you to complete this as we work. Bus in the snow
There is a bus filled with forty people traveling up a snowy hill on a college campus. As the bus makes its way up the hill, it becomes stuck. The driver tells the passenger that the bus is carrying too much weight and ten of the passengers must get off and walk the remaining quarter of a mile (400 meters) up the hill.
Marginal AnalysisEconomic Systems
An economic system is the method used by a society to distribute goods and services. It must answer three questions.
Let's begin our investigation by checking out the Economic Systems Case Study on Google Classroom. There you will have to weigh on whether or not capitalism serves us well or not. Your to-do list
Please respond to the Don't want to eat and Senior Skip Day questions on Google Classroom.
Don't want to eat
Please head to Google Classroom to the Don't Want to Eat question. There I would like you to simply respond with something that you do not like to eat or even would not eat.
Senior Skip Day
Why is Senior Skip Day in the spring?
The story of Ryan FitzgeraldCost Benefit AnalysisMarginal AnalysisYour homework
Keep an eye out for examples of economics in the world around you between now and the next class. Specifically, I would like you to find an example of opportunity cost, cost-benefit analysis and marginal analysis. Your examples could come from your own life or from the media but they must be specific examples of something that has happened,
Please post your response to Google Classroom at the Real World Economics Examples: Thinking like an economist. |
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January 2024
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