Wednesday, August 31, 2016

Day 3 Post (Wednesday 08/31/16)

Mr. C's SMART Lunch Availability This Week
LunchMondayTuesdayWednesdayThursdayFriday
ACLOSEDBy AppointmentCLOSEDBy AppointmentCLOSED
BCLOSEDOpen TUTORIALCLOSEDCLOSEDCLOSED
Motivation for the Week:
"Transformation is more about unlearning than learning. The challenge is using what we have learned and experienced to then transform."
- Mr. C

Agenda
1) Do You Think Like an Economist?
Students are introduced to the idea of Incentives to produce the desired outcome by watching the introduction to "Freakonomics: the Movie"


2) Ten Principles of Economics
The idea of Opportunity Costs were demonstrated by the "Economics Made Memorable" (2 Parts)



3) Opportunity Costs & Trade Offs
Students were introduced to the Production Possibilities Curves by using the example of School v. Leisure time in the afternoon.

Homework
In the new packet, complete the first page front and back "Practice with PPFs"