CP Economics

Sunday, March 16, 2014

Test Day Tuesday

March 16th

We will review chapter 1-4 tomorrow in class.
Test Tuesday!

I will be staying after tomorrow for extra help if anyone needs it!

Thursday, March 13, 2014

Snow Day

March 13th, 2014

We will practice more examples of elasticity tomorrow and review for our upcoming test.

Wednesday, March 12, 2014

Elasticity

March 12th, 2014

1) Computing Elasticity

Complementary goods
Substitutional Goods
Durable Vs. NonDurable

2) Elasticity Vs. Inelasticity.

Monday, March 10, 2014

Elasticity of Demand

March 10th, 2014

1) Warm Up-

Demand Increase: Shift to the Right.
Demand Decrease: Shift to the Left

2) Elasticity-
Inelastic: Examples: Gasoline & Insulin
Elastic: Cupcakes & Watches.

Homework: Finish Individual Demand Curve Packet. Bring tomorrow.

Friday, March 7, 2014

March 7th, 2013

Changes in Demand.
1) Ceteris Paribus- Along the curve

Changes in Demand.
1) Income
2) Consumer Expectations
3) Population
4) Consumer Tastes & Advertising (Fads)

Homework: None.

Have a good weekend!

Tuesday, March 4, 2014

Free Enterprise-Quiz

March 4th, 2014

1) CNN student news. Ukraine & Russia
2) Welfare VS Work Ethic
3) Chapter 2 quiz

Tomorrow- We will start Chapter 4, Demand!

Monday, March 3, 2014

Back to Reality...Chapter 3

March 3rd, 2014

1) Review Chapter 3: Free Enterprise

2) Article: Welfare & Work Ethic

3) Quiz tomorrow

Homework for tomorrow:

Quiz tomorrow-Chapter 3 Review.