Agenda 10/1-2/14

1.  SL:  Students will analyze the concept of Indirect Taxation (5A)
2.  HL:  Chapter 5  SWP Homework review:  Elasticity, Indirect Taxes, Subsidy

3.  HW:
SL:Reading 5B and SWP 5.4
HL:Reading 6B and SWP 6.3

Agenda 9/30/14

1.  SL:   Elasticity of Supply Discussion
2.  HL:  Cost Theory part A
3.  HW: 
SL:  Exam Questions pg. 61 1-5 (Journal)  Essay Question (Hardcopy)
Reading 5A

HL:  5A-D (Journal)

Agenda 9/23/14

1.  ACT Testing for Juniors
2.  SL:  Assignment 1.4a Elasticity
3.  HL: Be prepared to lead a discussion on  the following:
a.  Data Response pg. 44
b.  Reading 1.4a Elasticity and related SWP Questions.

Agenda 9/18/14

1.  SL:   Demand Determinants Worksheet (Hardcopy to hand-in)
2.  HL:  Discussion Linear Demand Functions
3.  Both SL/HL:   SandD Determinants and Shifts (see Edmodo)
Hardcopy due Friday

Agenda 9/16/14

1.  SL:  Exam Chapter 1.1
2.  HW:   HL:   Practice Question:  Linear Demand Functions.
Quiz:  WED/THURS   Linear Demand/Supply Functions

SL:   Reading assignment 1.2A (Check Edmodo for latest reading list update)

Agenda 9/15/14

1.  Warm-up: 

Using a PPF diagram, analyze the economic effects of the HIV epidemic on the African continent.   On a second diagram, discuss how possible solutions will impact the economic climate.  (choice of axes labels is important).

2.  Exam review and prep.
3.  HW:  SL:  Chapter 1 Exam
HL:   Quiz:  Linear Supply and Demand Functions.
Student WP: 2.2 and 2.4

Agenda 9/12/14

1.  Bell Task:   What economic issues do you see related to 9/11?
2.  Discussion the pros and cons of Socialism and Capitalism.
3.  HW:   PPF question on Edmodo.  Please bring hard copy Monday.

Agenda 9/8/14

1.  Large group discussion
2.  Production Possibilities Frontiers
3.  Free Markets vs. Command Economies
What, How, For Whom
4.  HW:    Finish Chapter 1 Reading  (1D)

Compare and contrast:   Free Markets and Command Economies

Agenda 9/5/14

1.  Small group discussion:   Benefits of Capitalism Part II
2.  Large group discussion
3.  FEDERAL RESERVE
4.  HW:    Finish Chapter 1 Reading  (1D)

Agenda 9/3-4/14

1.  Small Group Discussion:   The Benefits of Capitalism Sections I-IV
2.  Large Group Discussion: Chapter 1 pgs 2-11 + Capitalism Packet
3.  Production Possibilities Frontiers
4.  HW:  Finish Capitalism Packet for Friday + Questions  (On Edmodo)
HL:   Be prepared to lead Friday's discussion of Benefits part II.

Agenda 9/2/14

1.   Bell Task:   Compare and Contrast:  Free Markets and Command Economies

What
How
For Whom

Characteristics

2.  Discussion Chapter 1

3.  HW:   Read:   The Benefits of Capitalism sections I-IV
Answer:  Question Packet 1  Edmodo

Agenda 4/21

1.  In Class Question:  2013 Paper 1 Macroeconomics  (Choose 1)
2.  HW:  2013 Paper 1 MICROeconomics (Choose 1)

Agenda 3/14/14

1.  Commentary #3 Hand In
Exam 28-29 Handout and Review
2.  Group Development Projects
3.  HW:  Finish Chapter 30 Reading

Agenda 3/5/14

1.  Bell Task:
a.  Explain and draw and Poverty Cycle
b.  Why is GDP the preferred measure (as opposed to GNI) when comparing across countries?

2.  Choose a Developing Country and research the following indicators.
a.  HDI
b.  GDP/capita
c.  GNI/capita
d.  Population below income poverty line (%)
e.  Do Student Workpoint 28.4 for your country
f.   Do Student Workpoint 28.5 for your country
g.  Gender Related Index (GDI)
h.  Human Poverty Index
i.   Unemployment Rate

HW:   Read thru pages 366

Agenda 3/4/14

1.  Bell Task:   Examine the list of Sources of Economic Growth.   Which do you feel is most important and why?
2.  Discussion Chapter 27:  Economic Development
3.  HW:  Read and finish Chapter 28

Agenda 2/28/14

1.  Bell Task: 
2.  2010 Paper 2 Review Question #1
3.  HW:  Read thru 342
Quiz Monday on Reading.

Agenda 2/10/14

1.   Exchange Rate practice questions
2.   Terms of Trade practice questions
3.  HW:   Read thru 316 (End of Chapter 25)

Agenda 2/7/14

1.  Discussion:  Terms of Trade Packet Questions 1-4
2.  HW:  None

Agenda 2/5/14

1.  Terms of Trade Packet and Questions (Journal)
2.  HW:  Read thru middle of 303 (even SL students)
Bring necessary resources for Commentary #2 to class.  You will be given time to work on IA.
Due Friday

Agenda 1/31/14

1.  Discussion: Balance of Payments
10 Practice Questions:  In which account do they belong?
2.  HW: No new reading:  read thru 300 and work on IA #2.

Agenda 1/28/14

1.  Exchange Rate S/D shifts
2.  Case Study:  George Soros
3.  HW:   Read thru 300
HL:  Exam Friday (see review sheet)

Agenda 1/22/14

1.  Discussion Exchange Rates
2.  Practice Commentary (in class)
3.  HW:   Read thru 292

Agenda 1/21/14

1.  Quiz 3.22 Protectionism
2.  HW:  Read thru 288

Agenda 1/17/14

1.  Discussion 3.22:  Subsidies, Tariffs, Quotas
2.  HW: 
Read thru 286
SL Quiz 3.22 on Tuesday (Objectives 3.22 due)
HL Quiz 1.08  Objectives and Quiz Tuesday

Agenda 1/14/14

Finish student workpoint 22.3-22.5 (do the one you were assigned in groups).
HW:  Read thru 278

Agenda 1/13/14

1.   Bell Task:   Student Workpoint 22.1
2.  Discussion:  Protectionism:   Reasons for and against.
3.  Diagramming Tariffs.
4.  HW:   Read thru pg. 276  Quotas and Subsidies

HL:   Quiz Monopoly 1.08 Next Monday

Agenda 1/10/14

1.  Discussion of 3.21:  Trade
2.  HW:  Read thru page 279

Agenda 1/8-9/14

1.  Quiz Section 2.20:  Income Equality
2.  Bell Task:  

Using PPFs and AD/AS diagrams, explain the concepts of growth vs. development.
Why does an LRAS curve increase and the expanding PPF not exactly correlate?

3.  Socratic Seminar:   
Should governments remedy "Income Inequality"?   MDC vs  LDC?  Why or Why Not?

4.  HW:  Finish Section 2.21 thru page 266 

Journal Entry:  SL question 1 and pg 266 and Discuss the role of the WTO.
HL:  questions 2 and 3 pg. 266

Agenda 1/7/14

1.  Final Exam Return and Review
2.  Section 2.19:  Economic Growth
3.  HW: 
Finish Section 2.19 Finish paper 1 questions:  All 3 on separate paper. (essay can be in bullet point)
Finish Section 2.20  (This is the section you may be quizzed on for Thurs.)

HL  same as above but include an explanation of :
Explain how the rate of economic growth can be determined from a set of data.