AP ECONOMICS, WEEK 4

EYE-OPENER OF THE WEEK: The mind is its own place, and in itself can make a heaven or hell, a hell of heaven. John Milton
KEY DATES:
1. During the first class period of the week of Oct. 3, we will have a quiz on last week’s work. Watch for the quiz keys.
CLASS ONE: we will discuss [...]

QUIZ KEYS FOR CHAPTERS 3 AND 4 AND THE ARTICLE ON INNOVATION”

“Can America Invent its Way Back?”
1. What is the conundrum that the author of “Can America Invent its Way Back?” cite? What solutions does he suggest?
Colander, Chapter 3.
1. Draw the Circular-Flow diagram
Colander, Chapter 4
1. What is the distinction between quantity supplied and  supply?
2. Draw a graph that reflects a contraction in supply and then an [...]

AP ECONOMICS, WEEK 3

The week of Sept. 22, 2008
The Eye-0pener of the week: She walks in beauty, like the night/of cloudless climes and starry skies:/and all that’s best of dark and bright/meet in her aspect and her eyes:/thus mellow’d to that tender light/which heaven to gaudy day denies. Byron
Key Dates:
1. On Friday, Sept. 22 we will have a [...]

QUIZ through first chapter in Wheelan and first two chapters in Colander

POSSIBLE ESSAY QUESTIONS:
Questions from Wheelan:
1. What, for Wheelan, is the unique way that economists view the world?
2. Who feeds Paris?
3. What do individuals maximize?
4. What do firms maximize?
5. Why should we allow that silly fool to buy a doggy birthday cake?
Questions from Colander:
1. What will happen if American innovation does not develop new industries?
2. [...]

THE WEEK OF SEPT. 15. 2008

AP ECONOMICS, WEEK 2
SEPT 15, 2008
THE EYE-OPENER OF THE WEEK: He looks like a fool and talks like a fool, but don’t let him deceive you–he is a fool. The Marx Brothers
KEY DATE: 1. During the third class period of the week, you will have a quiz on the forward, introduction and first chapter [...]