Day 19 Agenda (Friday 09/23/16)

Mr. C's SMART Lunch Availability This Week
Lunch	Monday	Tuesday	Wednesday	Thursday	Friday
A	CLOSED	CLOSED	CLOSED	CLOSED	CLOSED
B	CLOSED	CLOSED	CLOSED	CLOSED	CLOSED
Motivation for the Week: "Patience is not the ability to wait but how you act while waiting." - Joyce Meyer

Agenda
1) Trade Barriers
I defined and explained the different trade barriers (Protective tariffs, Import Quotas, Nontariff Barriers, Export Subsidies) and illustrated the impact it has on Supply and Demand and impacting the Price of Related Goods - Substitutes as a determinant of demand for domestic goods.

2) Gold Standard
We watched part of the History Channel Secrets Revealed "Fort Knox" video.


Homework
Read and Note pages 104-15 and complete Activity 51 in the new packet, all regarding Trade Barriers.

Day 18 Agenda (Thursday 09/22/16)

Mr. C's SMART Lunch Availability This Week
Lunch	Monday	Tuesday	Wednesday	Thursday	Friday
A	CLOSED	By Appointment	CLOSED	By Appointment	OPEN Tutorial
B	CLOSED	Open TUTORIAL	CLOSED	By Appointment	By Appointment
Motivation for the Week: "Good judgement comes from experience and experience comes from bad judgement" - Mr. C

Agenda
1) QUIZ
COMPARATIVE ADVANTAGE AND THE GAINS FROM TRADE

2) International Trade
Watched Economics U$A: International Trade

Homework
Read & Note 763-767

Day 17 Agenda (Wednesday 09/21/16)

Mr. C's SMART Lunch Availability This Week
Lunch	Monday	Tuesday	Wednesday	Thursday	Friday
A	CLOSED	By Appointment	CLOSED	By Appointment	OPEN Tutorial
B	CLOSED	Open TUTORIAL	CLOSED	By Appointment	By Appointment
Motivation for the Week: "Good judgement comes from experience and experience comes from bad judgement" - Mr. C

Agenda
1) Comparative Advantage
Students Created their own Comparative Cost problem and exchanged it with another to complete their understanding of the skill

2) Foreign Exchange Market
We briefly introduced the market for currency and the impact trade has on the relative Appreciation and Depreciation of currency.

Homework
None

Announcement
QUIZ TOMORROW: COMPARATIVE COST AND THE GAINS FROM TRADE

Day 16 Agenda (Tuesday 09/20/16)

Mr. C's SMART Lunch Availability This Week
Lunch	Monday	Tuesday	Wednesday	Thursday	Friday
A	CLOSED	By Appointment	CLOSED	By Appointment	OPEN Tutorial
B	CLOSED	Open TUTORIAL	CLOSED	By Appointment	By Appointment
Motivation for the Week: "Good judgement comes from experience and experience comes from bad judgement" - Mr. C

Agenda
1) Comparative Advantage
We reviewed the homework, chapter 6 problems 1&2
More practice at Comparative Advantage Problems

Homework
Read and take notes on pages 101-103 on Foreign Exchange Markets

Day 15 Agenda (Monday 09/19/16)

Mr. C's SMART Lunch Availability This Week
Lunch	Monday	Tuesday	Wednesday	Thursday	Friday
A	CLOSED	By Appointment	CLOSED	By Appointment	OPEN Tutorial
B	CLOSED	Open TUTORIAL	CLOSED	By Appointment	By Appointment
Motivation for the Week: "Good judgement comes from experience and experience comes from bad judgement" - Mr. C

Agenda
1) Comparative Advantage
We finished reviewing the Brad and Angelina Activity from Friday
Reviewed Activity 2 from Friday's Homework
Completed and went over Veggieland and Fruitland Activity

Homework
Complete Chapter 6 problems 1 & 2

Day 14 Agenda (Friday 09/16/16)

Mr. C's SMART Lunch Availability This Week
Lunch	Monday	Tuesday	Wednesday	Thursday	Friday
A	CLOSED	By Appointment	CLOSED	By Appointment	OPEN Tutorial
B	CLOSED	Open TUTORIAL	CLOSED	By Appointment	By Appointment
Motivation for the Week: "Good judgement comes from experience and experience comes from bad judgement" - Mr. C

Agenda
1) Equilibrium
Watched Economics U$A #27: International Trade

2) Absolute Advantage v Comparative Advantage
Reviewed the concepts and worked on the Brad and Angelina Comparative Advantage Activity

Homework
Activity #2: Opportunity Cost and Comparative Advantage

Day 12 Agenda (Wednesday 09/14/16)

Mr. C's SMART Lunch Availability This Week
Lunch	Monday	Tuesday	Wednesday	Thursday	Friday
A	CLOSED	By Appointment	CLOSED	By Appointment	OPEN Tutorial
B	CLOSED	Open TUTORIAL	CLOSED	CLOSED	By Appointment
Motivation for the Week: "Good judgement comes from experience and experience comes from bad judgement" - Mr. C

Agenda
1) Equilibrium
Students created posters to demonstrate their understanding of the Determinants of Demand and Supply.

Homework
Shifting Supply & Demand

Announcements
QUIZ TOMORROW: SUPPLY AND EQUILIBRIUM

Day 11 Agenda (Tuesday 09/13/16)

Mr. C's SMART Lunch Availability This Week
Lunch	Monday	Tuesday	Wednesday	Thursday	Friday
A	CLOSED	By Appointment	CLOSED	By Appointment	OPEN Tutorial
B	CLOSED	Open TUTORIAL	CLOSED	CLOSED	By Appointment
Motivation for the Week: "Good judgement comes from experience and experience comes from bad judgement" - Mr. C

Agenda
1) Bell Ringer

2) Equilibrium
Review Activity 7 from last night's HW

Homework
No new HW, but to help review for the Quiz Thursday, use the Chapter 3 Study Guide.

Announcements
QUIZ THURSDAY: SUPPLY & EQUILIBRIUM

Day 10 Agenda (Monday 09/12/16)

Mr. C's SMART Lunch Availability This Week
Lunch	Monday	Tuesday	Wednesday	Thursday	Friday
A	CLOSED	By Appointment	CLOSED	By Appointment	OPEN Tutorial
B	CLOSED	Open TUTORIAL	CLOSED	CLOSED	By Appointment
Motivation for the Week: "Good judgement comes from experience and experience comes from bad judgement" - Mr. C

Agenda
1) QUIZ
DEMAND

2) Supply
Continued to look at the Determinants of Supply
Examined the Shifting Supply Table and Flow Chart
Reviewed Friday Night's HW: Activities 5 & 6

Homework
Complete Activity 7 about Equilibrium

Announcements
QUIZ WEDNESDAY: SUPPLY & EQUILIBRIUM

Day 9 Agenda (Friday 09/09/16)

Mr. C's SMART Lunch Availability This Week
Lunch	Monday	Tuesday	Wednesday	Thursday	Friday
A	CLOSED	By Appointment	CLOSED	By Appointment	OPEN Tutorial
B	CLOSED	Open TUTORIAL	CLOSED	CLOSED	By Appointment
Motivation for the Week: "Good judgement comes from experience and experience comes from bad judgement" - Mr. C

Agenda
1) Bell Ringer

2) Demand
We went over Activity 4 from Homework

3) Supply
We began looking at the Law of Supply and the Determinants of Supply

Homework
Activity 5 and Activity 6 in the packet

Announcement
QUIZ MONDAY: DEMAND
QUIZ WEDNESDAY: SUPPLY & EQUILIBRIUM

Day 5 Agenda (Friday 09/02/16)

Mr. C's SMART Lunch Availability This Week
Lunch	Monday	Tuesday	Wednesday	Thursday	Friday
A	LABOR DAY	By Appointment	CLOSED	By Appointment	CLOSED
B	LABOR DAY	Open TUTORIAL	CLOSED	CLOSED	CLOSED
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) Marginal Utility
We reviewed the data from yesterday's "Hand Activity" to demonstrate marginal cost/marginal benefit.

2) Opportunity Costs & Trade-Offs
Reviewed "Practice with PPFs" from yesterday
Completed "Activity Costs: Scarcity, Opportunity Cost and Production Possibility Curves."

3) Graphing
We began in class the Problems for Unit 1 Appendix. This is basic graphing exercise and review to recognize the extent of graphing and the pitfalls of graphing in Economics.

Homework
Finish Graphing Above

Announcements
Chapters 1&2 Quiz Wednesday

Day 4 Agenda (Thursday 09/01/16)

Mr. C's SMART Lunch Availability This Week
Lunch	Monday	Tuesday	Wednesday	Thursday	Friday
A	CLOSED	By Appointment	CLOSED	By Appointment	CLOSED
B	CLOSED	Open TUTORIAL	CLOSED	CLOSED	CLOSED
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) The Nature and Method of Economics
In pairs, students discussed the True/False questions from Tuesday Night;s homework. Next we discussed the point made by the class.

2) Opportunity Costs and Trade-Offs

• We reviewed "Practice with PPFs" homework from last night.
• We participated in a simulation to demonstrate Marginal Utility.

Homework
Read and Note pages 22-33