9.13 |
Review exam 1 results
Equilibrium simulation, consumer and producer surplus, allocative efficiency, begin demand (income effect, substitution effect) presentation
APE 1.4 |
Notes modules 6 and 49
​MC module 5 |
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9.17 |
Supply and demand presentation
​Supply and demand handouts |
Notes module 7
​MC modules 6 and 49 |
Read about linear demand and supply functions in IB Course Companion
Watch videos about Paper 3s
https://m.youtube.com/watch?v=sztp05u_yqk
https://m.youtube.com/watch?v=dK_pRK6OoZs
https://m.youtube.com/watch?v=QJ6rF2a4cvI
Quantitative Economics pp. 3-10 |
9.19 |
Supply and demand presentation
​Supply and demand handouts |
Notes modules 46 and 47
​MC module 7 |
Finish workbook questions |
9.21 |
Practice graphing (hamburgers, markets interact outside)
Simultaneous shifts handout
​Marginal utility and law of demand |
Study for quiz #3 (EconLowdown lesson if you want) |
Quantitative Economics pp. 11-15
Prepare to teach 10.1 |
9.25 |
Quiz #3 (supply and demand)
Price elasticity of demand, total revenue test presentation |
Notes modules 48 and 50
​MC modules 46 and 47 |
Prepare to teach 10.1 |
9.27 |
Other elasticities presentation |
Notes modules 8 and 9
​MC modules 48 and 50 |
Quantitative Economics pp. 16-32 |
10.1 |
HL Students Present!
Tax incidence and deadweight loss
​Price floors and ceilings
presentation |
Notes module 51
MC modules 8 and 9
​Study for quiz #4 |
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10.3 |
Quiz #4 (elasticities, tax, floors and ceilings)
Utility maximization
​Review for exam #2
STUDY TOPICS FOR UNIT 2 |
MC module 51
Study for exam #2
Alternate exam 2 MC
Alternate exam 2 FRQs |
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10.5 |
Exam #2
​Introduce product markets |
Notes modules 45 and 55 |
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