unit 1: basic economic concepts
Date |
Agenda |
Homework |
IB HL |
8.18.17 |
Read syllabus and bring questions to the next class |
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8.21.17 |
Notes module 1 (focus on definitions over graphs) |
Development IA |
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8.23.17 |
MC module 1 Dollar auction application assignment |
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8.25.17 |
Notes module 3 |
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8.29.17 |
Production possibilities curves presentation PPC handout Multiple choice test taking strategies handout |
Notes module 4 MC module 3 Study for quiz #1 |
Development IA |
8.31.17 |
Quiz #1 (trilogy, marginal analysis, PPCs) Absolute and comparative advantage, specialization and trade presentation KaratEconomics link The Choice: Why doesn't Ed do his own typing? How does the roundabout way to wealth work? Why is that chapter than making TVs in America? What happens to the PPC model when countries specialize and trade, and why? |
MC module 4 Comparative advantage assignment |
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9.5.17 |
Finish comparative advantage Economic systems, property rights, incentives presentation |
Value |
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9.7.17 |
FRQ tips handout Quiz #2 (comparative advantage, absolute advantage, economic systems) Simple circular flow of the economy presentation Review for exam #1 |
Study for exam #1 |
Finish Development IA after you take quiz #2 |
9.11.17 |
Notes module 5 |