Block - Loudoun County Public Schools



1st 9 WEEKS AP ECONOMICS SCHEDULE 2013All dates and activities on this are subject to change as needed. See CMS for latest information.Block DateChapTopicsGraded assignments dueClass activities (tbd)Homework19/39/41OverviewIntro to econEcon and youKnowledge inventoryPre-test (pairs)Marginal utility sim.ArticleNeeds/wantsVocab +29/59/61Opportunity costFactors of productionProduction poss. curveTrade/comp advantageChapter 1quiz (Q)Article (H)Activity 2 (C)What’s the value?Activity 2Vocab +PPC packet39/99/102Systems of trade (money)Types of goodsCompetition & consumersApplication exercise Mocha worksheet (C)Kingdom of Mocha videoVocab +49/119/122Types of economic systemsMarkets (resource & product)Circular flow Competition & consumersChapter 2 quiz (Q)Activity 5 (C)Graph 2.2Activity 5Vocab +Study for test59/139/164Public and private sectorsApplication exerciseProblem Set #1(H)Public v. private sectorMatrixVocab+69/179/184/ReviewReview for test, catch-up as necessaryChapter 4 QuizReview79/199/20Unit I Test (T) Acquire outside readings- will be due 2nd quarter89/239/243DemandActivity 9 (C)Activity 10 (C)Activity 9/10Vocab+99/259/263SupplyChapter 3 quiz (Q)Activity 12 (C)Activity 12Discuss book report and economic literacy projectVocab+Free Resp. #1, p. 27109/279/303Market equilibriumApplication exercise (C)Activity 15 (C)Activity 151110/110/26ElasticityActivity 17 (C)Activity 17Read, vocab+1210/310/46ElasticityConsumer and producer surplusChapter 6 quiz (Q)Vocab+, Ch 6 M.C.1310/710/87Consumer behaviorApplication exercise (C)Problem set #2 (H)1410/910/10Wrap up and reviewEconomic literacy project (P)Review1510/1110/15Unit II Test (T) 1610/168Costs of productionVocab quiz (Q)Activity 25 (C)Activity 25Vocab+1710/178Costs of productionChapter 8 quiz (Q)Vocab+1810/1810/199Market structuresApplication exercise (C)Activity 24 (C)Activity 241910/2010/219Pure competitionChapter 9 QuizActivity 27 (C)Activity 27Activity 292010/2210/239Pure competitionProblem set #3Activity 30 (C)Activity 3010/2410/25Wrap up and reviewReview10/2810/29Unit III Test (T) Notebook (H)Start Chapter 1010/3010/3110Pure monopolyNotebook organization:You will need a three-ring binder for this. The front page will be the table of contents. All work will be logged on this this in the order that it is given, and points possible and points earned should be added as well. The actual assignments will be numbered and placed in the correct order behind the table of contents. This will be collected and reviewed for a grade near the end of the quarter, but the main purpose of the assignment is to enhance your organization and aid your success in this course.Problem Sets:These will be handed out for each unit, and will be due two blocks before the unit test. They will include multiple choice, short answer, and free response questions, and will double as a test review.Key vocab terms: (these are the most significant terms in each chapter, but this is not a comprehensive list of what you need to know)Chapter 1: Economics, utility, marginal utility, scarcity, opportunity cost, production possibilities curve, capital goods, consumer goods, economic growth, factors of production (identify), comparative advantageChapter 2: Money, barter, command economy, market economy, competition, invisible hand, dollar votesChapter 4: Durable v. non-durable goods, monopoly, externality, public good, free-rider problem, transfer payment, externality, marginal tax rates, excise taxChapter 3: Demand, law of demand, diminishing marginal utility, income effect, substitution effect, inferior goods, normal goods, substitute good, complementary goods, supply, determinants of supply, equilibrium price/quantity, surplus, shortage, productive efficiency, allocative efficiencyChapter 6: Price elasticity of demand, unit elasticity, elastic demand, inelastic demand, perfectly elastic demand, perfectly inelastic demand, total revenue test, price elasticity of supply, market period, short run, long run, cross-elasticity of demand, income elasticity of demand, consumer surplus, producer surplus, efficiency lossChapter 7: Utility, law of diminishing marginal utility, total utility, marginal utility, rational behavior, budget constraints, consumer equilibrium, income effect, substitution effectChapter 8: Opportunity cost, explicit costs, implicit costs, normal profit, economic profit, total product, marginal product, average product, law of diminishing returns, fixed costs, variable cost, total cost, marginal costs, economies of scale, returns to scale, minimum efficient scale, natural monopolyChapter 9: Pure competition, imperfect competition, price taker, average revenue, total revenue, marginal revenue, break- even point, MR=MC rule, short-run supply curve, constant-cost industry, increasing cost industry, [productive efficiency, allocative efficiency, consumer surplus, producer surplus in context]Chapter 10: Pure monopoly, barriers to entry, simultaneous consumption, network effects, X-inefficiency, price discrimination, socially optimal price, fair-return priceQuizzes:There will be one quiz for almost every chapter, although in rare instances there will be two or none. These will consist primarily of multiple-choice questions covering both vocabulary and content.Unit tests:These will consist of 50 multiple choice questions which will account for 100 points and two free-response questions that will count for 50 points, although they will not always be 25 points eachApplication exercises:This will generally be one or two free responses designed to reinforce the concepts learned in the unit, AS WELL AS EARLIER UNITS.Classroom activities:These are typically practice problems, graphing activities, or short answer questions designed to reinforce the content covered that day. They will be done in an individual/pair format. ................
................

In order to avoid copyright disputes, this page is only a partial summary.

Google Online Preview   Download