Thursday May 8--
Answer the multiple choice questions on the Practice Exam and be sure to come into class with any questions you have over any of the problems.
Friday May 2--
A few Definitions:
Okun's Law: Okun's law refers to the relationship between increases in unemployment and decreases in a country's gross domestic product (GDP ). It states that for every one percent increase in unemployment above a "natural" level, that GDP will decrease by anywhere from two to four percent from its potential. Okun's law is named after Arthur Okun, the economist who in 1962 was the first to make detailed observations about this relationship. So-called "natural unemployment" refers to the fact that there will always be at least a certain amount of unemployment in a free market economy , because of voluntary changes in employment, and other reasons not related to economic hardship.
Say's Law: production creates not only the supply of goods but also the demand for them
Tuesday January 14, 2014 Midterm review You can take some excellent practice quizzes for the midterm here at the textbook site You can also access the powerpoints from this same site using the tabs on the left
To find your department's budget, follow the link here Tuesday November 12,2013
For homework, read this post regarding externalities
Tuesday November 5,2013
We worked on your October Portfolio Assessment during class. The assessment AND a printout of your portfolio is due tomorrow in class.
Use the exemplar given out in class and the guide sheet in your development.
Friday June 6--
Final Exam Review
Final Exam Review Questions
Tuesday May 20--
Released exam
Friday May 16--
Use this guide to practice multiple choice questions ---on pages 11-19
MIcro Review Sheet
Thursday May 8--
Answer the multiple choice questions on the Practice Exam and be sure to come into class with any questions you have over any of the problems.
Friday May 2--
A few Definitions:
Okun's Law: Okun's law refers to the relationship between increases in unemployment and decreases in a country's gross domestic product (GDP ). It states that for every one percent increase in unemployment above a "natural" level, that GDP will decrease by anywhere from two to four percent from its potential. Okun's law is named after Arthur Okun, the economist who in 1962 was the first to make detailed observations about this relationship. So-called "natural unemployment" refers to the fact that there will always be at least a certain amount of unemployment in a free market economy , because of voluntary changes in employment, and other reasons not related to economic hardship.
Say's Law: production creates not only the supply of goods but also the demand for them
Phillips Curve
Laffer Curve
Every Curve needed for test
Practice Exam
Tuesday March 4--
Do the Problems (not the multiple choice problems, but the word problems) on both pages:
Page 1
Page 2
Tuesday February 25--
Please take this quiz prior to Thursday. And a reading will be posted by Tuesday evening!
Course Syllabus
Tuesday February 11, 2014
Read For Understanding:
New Book—Chapter 7, Pages 135-140
Old Book—Chapter 21., Pages 395-400
Define:
Law of Diminishing Return
Utility
Total Utility
Marginal Utility
Utility Maximizing Rule
Thursday February 6, 2014
Quiz
Tuesday February 4, 2014
Thursday January 30, 2014
Elasticity Questions!
Tuesday January 14, 2014
Midterm review
You can take some excellent practice quizzes for the midterm here at the textbook site
You can also access the powerpoints from this same site using the tabs on the left
See Everybody's Department Here
Tuesday December 11, 2013
To find your department's budget, follow the link here
Tuesday November 12, 2013
For homework, read this post regarding externalities
Tuesday November 5, 2013
We worked on your October Portfolio Assessment during class. The assessment AND a printout of your portfolio is due tomorrow in class.
Use the exemplar given out in class and the guide sheet in your development.
END OF FIRST QUARTER
Friday October 18, 2013
Stock Investing Strategies
OR
#12-14
Wednesday October 9
Read stock market basics (all 9 parts) for tomorrow!
Thursday October 3--
Answer the four questions found on this web-site
FRIDAY SEPTEMBER 27--
Chapter 3 Study Guide
TUESDAY SEPTEMBER 24--
Updated Chapter 2 terms and questions
FRIDAY SEPTEMBER 20--
For Tuesday:
Read Chapter 2 and identify the terms
Also read Chapter 2 from New Ideas from Dead Economists (page 23-44)
THURSDAY SEPTEMBER 19--
OPPORTUNITY COST ARTICLE
FRIDAY SEPTEMBER 13--
Answer 10 of the following questions for class on Tuesday:
Chapter 1 Questions
Chapter 1 Practice Quiz
Please fill out this opening day form:
Read this story, Trader Joe's vs. Pirate Joe's to begin today's class. Then please respond to the following: