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Do Now

I think this class is going to be about

When I hear about the recession on the

news I think

I am interested in going into businessbecause

I like/dislike math because

Answer one of the following prompts in 4-5 sentences:

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AP MicroeconomicsGuide to the Economy

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Agenda

1

2

3

4

Discuss Syllabus30 minutes

Review Organic Notes10 minutes

Economics Quiz10 minutes

5 OBJ P120 minutes

Discuss Do Now10 minutes

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Discuss Do Now

I think this class is going to be about

When I hear about the recession on the

news I think

I am interested in going into businessbecause

I like/dislike math because

What were your thoughts?

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SyllabusYes, it is pages and pages.

Course Goal:

Economists will exhibit

knowledge and

appreciation of

microeconomics with80+% mastery.

Course Description:

basic economic conceptssuch as scarcity andopportunity cost,

demand and supply,economic equilibrium,elasticity, costs ofproduction, factormarkets, and marginalproductivity

What Class is Like:

Expectations

Culture

Organization

Thinking

Planner

Grading

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Your grade breaks downaccording to the chart.

It is highly suggested thatyou check PowerSchool often

so that you can make up anymissed objectives.

You grade in this class ispurely on you. If you choosenot to work, then you arechoosing to accept the gradeas it stands.

GradingStandards-Based Grading System

Category %

Objective Mastery 35%

Cumulative Assessments 35%

Critical Assessments 20%

Projects 10%

TOTAL 100%

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Organic Notes

Organic Notes push you to look backand actually learn from the work youdid in class.

They are mandatory for S1, and openfor discussion S2. Sections: header, class notes, note

reflection, summary, objectivereflection, assessment reflection.

Do NOT lose your notes/binder.

A Way To Stay Organized

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What Do You Know About Econ?

Answers:

1. Increase

2. True

3. Satisfy the most urgent needs within income level

4. Lowest

5. Less

6. Profit

7. Seller

8.

Money9. Recession

10. Taxes and levies

A Little Non-Graded Quiz

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P1: Graph data using

appropriate format and scale.What parts of a graph are important to representaccurately?

Axes

Labels

Scale

Data

Why?

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P1: Graph data using

appropriate format and scale.Lets take a look at the following data and graph it.

Temperatures In NYC

Day Temperature

1 43 F

2 53 F

3 50 F

4 57 F

5 59 F

6 67 F

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P1: Graph data using

appropriate format and scale.Your graph should look like the following:

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P1: Graph data using

appropriate format and scale.Graph the following data on your own. (3 minutes)

Value of Sarah's Car

Year Value

2001 $24,000

2002 $22,500

2003 $19,700

2004 $17,500

2005 $14,5002006 $10,000

2007 $ 5,800

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P1: Graph data using

appropriate format and scale.Your graph should look like the following:

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Video Game Articles

Actively read the provided articles andcome up with at least 2 points ofdiscussion (something you foundinteresting or new).

Be prepared to share your ideas with theclass next class.

Read & Analyze

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Are there any lastquestions?