AP MICROECONOMICSSPRING 2013

1/8 Intro to course Syllabus (online) Issue text Student info sheet Ch. 1 study guide Hmwk: complete Ch.1 wksht (online) 1-9 Obj: Explain scarcity .opp. costs, marginal costs, marginal benefits Resources and scarcity video -Discuss Ch.1 and 2 notes Ch. 2 Factors of Production notesheet Opportunity cost reading/wksht Hmwk: complete notes/wksht Hmwk: Ch. 2--Production Possibilities wksht, (online and on paper) side one 1/10 Obj.: Identify factors of production. Explain concepts of trade-offs and opportunity costs. 1/11 Obj: Interpret production poss. Curves. -Explain prod. poss.; show guns and butter of Eco USA. two more prod poss wkshts (in folder) and Prod.Poss wksht online Is America #1?, 1a and 1b Hmwk: 90/95 mcs and complete Ch. 2 notesheet; quiz Monday

1/14 Obj. Analyze absolute and comparative advantage. quiz Explain abs/comp adv notes online do Ashna frq Read Adam Smith excerpt (online) Hmwk: complete mcs

1/15 NO HMWK NIGHT Obj: Explain differences in different kinds of economies Explain circular flow. Review abs./ comp advgo over questions Characteristics of different econ systems ppt Explain circular flow and do wksht and mcs (in folder) do 2005 AP mcs abs/comp adv problems

1/16 Obj: review for test complete mcs review sheet (online) Check mcs. Go over quiz. Review xwd* (turn in for grade)

1/17 TEST

1/18 Obj: Explain demand; explain supply look at test Demand notesheet (online) and wksht (in folder) Supply notes (online) and wksht (in folder)

Read Ch. 3 by Tuesday

1/21 STUDENT HOLIDAY/ inservice

1/22 Obj: Analyze changes in demand. Explain supply. Explain equilibrium

Explain supply (notesheet online and wksht in folder). Explain equilibrium; do problems (in folder)

1/23 Obj Analyze equilibrium. Explain surpluses and shortages, price controls, and quantity controls. Explain deadweight loss resulting from price/quantity controls. Discuss equilibrium problems. Explain surpluses and shortages Explain price and quantity controls (in folder) explain deadweight loss 2 Problem sets (in folder)

1/24 Obj: Explain price elasticity of demand S&D Quiz go over wkshts do elasticity notesheet: price elasticity of demand (in folder) price elasticity of demand problem set (in folder)

1/25 Obj: Analyze price elasticity of demand complete problem set more practice problems (in folder) Hmwk: complete Ch. 20 elasticity notes

read p. 386-389

1/28 Obj: Explain income and cross-price elasticities.Explain price elasticity of supply graded frq discuss elasticity notes practice problems

1/29 Obj: Explain income and cross-price elasticities.Explain price elasticity of supply graded frq AP mcs

1/30 Obj: review for test elasticity quiz 2010 mcs (in folder) review crossword (in folder); review sheet online

1/31 LATE START go over quiz and frqs

2/1 TEST

2/4 Obj: Explain consumer and producer surplus. Explain tax incidence and deadweight loss. go over test explain consumer & producer surplus, deadweight loss with price controls, and tax incidence and deadweight loss (p.7 only) handouts in folder 06B frq (in folder)

2/5 Obj: Explain tax incidence and deadweight loss.

2/6Obj: Analyze effect of trade barriers on consumer and producer surplus. discuss mcs

2/7Obj: Explain marginal utility.

2/8 Obj: Explain marginal utility.

graded 2012#3 frq MU of chocolate TU and MU wksht practice exam frq (in folder)

Quiz discuss marginal utility notes MU wksht (in folder) 02#3 frq (in folder) 2012 #2 (in folder) AP mcs (in folder)

explain tax incidence and do hotel tax exercise (two handouts, in folder)

04B2 graded frq Impact of trade barriers (in folder)

Discuss impact of S&D elasticity on deadweight losshandout (in folder)

04B3 - complete and selfcheck (in folder)

graded frq mcs (in folder)

Hmwk: read p. 620-625

2/11 Obj: Explain marginal utility. 08#2 frq (in folder0 09B#2(in folder) review xwd (in folder) both frqs and the crossword one completion grade

2/12 TEST - Consumer and producer surplus, consumer choice

2/13 Obj: explain production function Production simulation. Do exercise Costs of the Individual Firm (3.2.25) and complete for hmwk. Read pages 415-426. and do vocab sheet (in folder)

2/14 Obj: Explain costs of production. discuss worksheet Do problem set to analyze production costs. Read rest of chapter and complete vocab definitions; add "sunk" cost

2/15 Obj: Explain production function. open note quiz collect Thursday's worksheet explain shifts of cost curves AP mcs (in folder)

2/18HOLIDAY/inservice

2/19 Obj: Explain production function. go over mcs AP practice exam frq (In folder) more problems with long-run costs of production and one more mc--2005

2/20 Obj: Explain characteristics of pure competition collect yesterday's wksht for completion grade discuss frq discuss LRATC discuss perfect competition notes

2/21 NO HMWK Obj: Explain characteristics of pure competition discuss wksht collected yesterday discuss perf comp notes 2001 #1 frq collaborative (in folder) 2000 mcs (in folder)

2/22 Obj: Explain characteristics of pure competition unannounced open note quiz complete MCs assigned yesterday 06#2 frq 2010 and 2005 mcs Practice exam mcs

Perfect competition notesheet complete perfect comp notes (in folder) for hmwk 2/25 pass back quiz 2 graded frqs go over mcs 2011 #1 frq collaborative (in folder) 2010 mcs (in folder) multiple choice review for test xwd review frq review assign monopoly notesheet, I and II 2/26 Obj: analyze changes in perf. comp. industry 2/27 Obj: review for test pass back graded frqs 2/28 LATE START part I of TEST PERFECT COMP and PROD COSTS 3/1 part II of TEST

3/4 TAKS seniors late 15 min. classes look at test

3/5 Obj: Explain characteristics of monopolies. Explain deadweight loss of monopolies discuss notes

3/6 Obj: Explain characteristics of price discriminating monopoly, natural monopoly. do 06B#1frq

3/7 Obj: Explain characteristics of monopolies discuss price discriminating monopoly. do 06#1 together (in folder)

3/08 END OF NINE WEEKS

Obj: Explain characteristics of monopolies go over mcs 2011 #1 frq collab mc problems

discuss notes do Quick Review of Perfect Comp and Monop wksht (in folder) Luxottica 60 minutes video Hmwk: III and IV on Monop notes 3/11 SPRING BREAK SPRING BREAK SPRING BREAK SPRING BREAK SPRING BREAK Discuss regulation of monopolies (ppt on line) practice exam mcs (in folder) Hmwk: complete mcs 2010 mcs (in folder) 2000/05 AP mcs (in folder)

3/18 open note quiz 03B#1 and 04B#1 collab frqs

3/19 go over quiz review xwd- grade

3/20 MONOPOLY TEST

3/21 Obj: Explain characteristics of monopolistic competition. look at test Discuss monop.comp.; do notesheet*

3/22 Obj: Explain characteristics of monopolistic competition. Discuss notes and worksheet do graph review (in folder) then do Comparison of PC MC, Monop (in folder) 2004 #3frq (may work together) (in folder)

3/25 Obj: Explain characteristics of monopolistic competition. open note quiz monop. comp problems (in folder) 2007B#1frq (in folder)

3/26 Obj: Explain characteristics of oligopoly. Explain game theory. (SUB) #09. 1 individual, open note, graded read game theory notes (online) complete oligopoly notesheet

3/27 Obj: explain characteristics of oligopoly and monopolistic competition. discuss game theory (online)

3/28 Obj: Explain characteristics of oligopoly and game theory open note quiz

3/29 HOLIDAY

2009#3 and 09B3 frqs (in folder)may collaborate 2000 and 2010 mcs (in folder)

Morton practice mcs (in folder) review xwd

Oligopoly notesheet* complete for hmwk

AP mcs practice exam and 05 mcs

4/1 SRs late start no micro classes

4/2 SRs late start pass back quiz review xwd p. 5, 6, 7

4/3 TEST

4/4 Obj: Explain derived demand, MRP, MRC of labor Go over test Do exercise 44 and 45 (two handouts) and discuss

4/5 Obj: Explain factor demand. Discuss Ch. 27 notes Act 46 (in folder) do 2005#3 frq , 08B#3 and 10B#2 (collaborative, in folder) robot video from "60 Minutes" complete Ch. 27 notes

complete Ch. 27 notes 1-7

4/8 Obj: Explain supply of labor open note Ch. 27 quiz

4/9 Obj: Explain supply of labor Explain shifts of labor supply go over quiz

4/10 Obj: explain supply and demand of labor Explain monopsonies. frq- 07 #2graded

4/11 LATE START DAY Obj: explain supply and demand of labor and discuss rest of notes

4/12 Obj: explain supply and demand of labor Pass back quiz optional mc questions (in folder) Review xwd* (hmwk grade**)

discuss rest of Ch. 27 notesexplain least cost and profit maximization in factor market then do #5, p. 548 do Labor Supply notes 16 (in folder, also online) 2005 mcs (in folder) 4/15 No hmwk night TEST

Discuss Ch. 28 notes do Act 47 (in folder) collaborative frq 06B#3 2000 mcs (in folder) Hmwk: complete Ch. 28 notes by Thurs 4/16 Obj: Explain externalities, public goods. Stossel video on "Rescues for Stupidity" Ch.5 notesheet (in folder and online) - do and discuss

collab. 02B#3(in folder)) discuss monopsony 11B3 frq (in folder) practice exam mcs (in folder) explain economic rent (handout in folder) 2010 3 frqcollab (in folder) 2010 mcs (in folder)

4/17Obj: Explain externalities, public goods. Discuss notes and explain MSB and MSC. do less 2, Act 54 (in folder) Ch. 30 notesheet (in folder) complete for hmwk

4/18 Obj: Explain externalities, Coase theorem, do public goods t/f questions and discuss (in folder) Explain Coase theoremAct 55 (in folder) do 2010 #3 frq (in folder) collaborative and 06#3 frq (in folder), collab

4/19 Obj: Explain externalities, Coase theorem, Public and private goods Moose huntTragedy of the Commons Stossel video on endangered tigers B#2 frq graded Hmwk: ch. 31 notes (in folder)

4/22 Obj: Explain taxation open note quiz discuss taxes 04#1 frq (collab, in folder) Hmwk: finish Ch. 34 notes

4/23 TAKS Seniors arrive late p. 4,5,2,1,3 no micro

4/24 TAKS p. 4,5,6,7,8 Obj: Explain taxation and sources of income inequality. go over Ch. 34 notes

4/25 TAKS 30 min classes go over mcs discuss Gini in a Bottle 2011 #3 frq collaborative

4-26 b #2graded frq

sample mcs (in folder)

3 mcs (In folder) assign current event, due Monday read "Gini in a Bottle.." on ebkpk 4/30 TEST Market Failures and Role of Government ce due 5/7 Review for Exam 2012 exam - graded work on 2012 exam complete 2012 exam 5/8 SRs late start AP CALC/CHINESE p. 4, 5, 2, 1, 3 5/1 No hmwk night REVIEW FOR EXAM DO 2010 EXAM 5/2 REVIEW FOR EXAM COMPLETE 2010EXAM completion grade 5/9 SRs late start AP ENG LIT/ p. 4, 5, 6, 7, 8 Current Event due date changed to Tuesday

4/29 review for test crossword review (grade) current event due on Tuesday 5/6 Review for Exam complete and grade 24 mcs sample frqs (in folder) 5/13 review for exam AP BIO/PHYSICS

5/3 REVIEW FOR EXAM 24 mcs (in folder) 5/10 SRs late start AP STAT PM all classes

5/14 AP GOVT complete/grade 2012 exam do practice exam

5/15 Review for exam AP EURO PM

5/16 AP MACRO/APMICRO

5/17 review for final exam

5/20 review for final exam

5/21 review for final exam

5/22 SENIOR SERVICE DAY

5/23

5/24

5/27 HOLIDAY

5/28 Final p. 3, 4, 7

5/29 Finals p. 2, 6, 8

5/30 Final p. 1, 5

GRADUATION