QUIZ KEYS ON CHAPTERS 17 and 18

1. Be able to draw and explain the graph on Monopsony, Union Power and Labor Markets.
2. Why is so difficult to redistribute income in this country? How is it done, not done?

AP ECON. WEEK 16, JAN. 26, 2009

EYE-OPENER OF THE WEEK;  “The resources of nature and men’s devices,” Keynes wrote, “are just as fertile and productive as they were. The rate of our progress towards solving the material problems of life is not less rapid. We are as capable as before of affording for everyone a high standard of life. … But [...]

AP ECON. WEEK 15, JAN. 19 2009

EYE-OPENER OF THE WEEK: Where’s the man who could ease the heart like a satin gown. Dorothy Parker
First period will use Tuesday as a reading day.
CLASS ONE: QUIZ on chapters 15 and 16. HOMEWORK: read background packet for stock selection paper. Also, see category Stock Selection Paper for description of what is expected and when [...]

QUIZ KEYS FOR CHAPTERS 15 AND 16

1. Be able to draw and explain the graph on page 329 that illustrates the Lazy Monopolist.
2. Be able to draw and explain the graph on page 331 that portrays the Movement away from Competitive Markets.
3. Describe the pros and cons of judgment by structure and then judgment by performance.

AP ECON. WEEK 14, JAN. 12, 2009

EYE-OPENER OF THE WEEK: the future outwits all our certitudes. Arthur Schlesinger, Jr.
KEY DATES:
1. On Tuesday, Jan. 20, we will have a quiz on Chapter 15 and 16.
2. On Friday, Feb 20, we will take our Field Trip to the Board of Trade and the Federal Reserve. You may meet at the Board of Trade [...]

QUIZ KEYS FOR CHAPTER 14 AND TWO HANDOUTS

Your test bank will not be helpful for this quiz–its the wrong edition. So, the quiz will be based on a careful reading of the chapter and the two articles that I gave you.
1. Cite three examples of behavioral economics from the David Leonhardt article. “Budgets Behaving Badly.”
2. What are the six lessons for investing [...]

AP ECON. WEEK 13, JAN. 5, 2009

EYE-OPENER OF THE WEEK: Do not go gentle into that good night, Old age should burn and rave at the close of day; Rage, rage against the dying light. Dylan Thomas
KEY DATE:
1. We will have a quiz on chapter 13 during the second class period of the week. Be able to draw and explain the [...]