AP ECON. WEEK #14, DEC. 10, 2007

THE EYE-OPENER OF THE WEEK: “She wears her clothes as if they were thrown on her with a pitchfork.”
KEY DATE:
1. Friday, the end of term!
CLASS ONE: we will discuss the first half of the chapter on Perfect Competition. HOMEWORK: finish the chapter.
CLASS TWO: we will discuss the second half of the chapter. HOMEWORK: read chapter […]

AP ECON. WEEK #13, DEC. 3

THE WEEK OF DEC. 3, 2007
THE EYE-OPENER OF THE WEEK: “to understand everything makes one very indulgent.”
Madame de Stael
KEY DATE:
1. Your stock selection paper is due this Friday. It will be worth THREE QUIZ GRADES so don’t screw it up. Demonstrate you know your Peter Lynch, have a strong “story” and […]

QUIZ KEYS FOR MONDAY, DECEMBER 3

The Quiz on Chapter 9 in Colander and chapter 5 in Wheelan will be entirely OBJECTIVE.
1. Key concepts in the Wheelan chapter: asymmetry of information, adverse selection, discrimination (note the different kinds), branding, deductible, and racial profiling.
2. In Colander make sure understand the difference between accounting profit and economic profit. Also, make sure you know […]