Economics

Welcome to Honors Economics!

Stay tuned to this space, APGAPers (yes, I'm still calling you APGAPers; ECONers sounds strange to me).


 * 1/28/15**

Opportunity Cost Notes and Key:




 * 1/29/15**

Scarcity and Shortage Notes and Key:




 * 1/30/15**

Factors of Production Notes and Key:




 * 2/2/15**

Circular Flow of Economics Notes (no key necessary):




 * 2/3/15**

Production Possibilities Frontiers Notes and Key:




 * 2/5/15**

Marginal Analysis Notes and Key:




 * 2/6/15**

Practice PPF and Marginal Analysis:






 * 2/10/15**

Here's a key for the study guide in preparation for tomorrow's quiz. Good luck APGAP/ECONers!




 * 2/12/15**

Take a look at this article on McDonald's as an illustration of the market system:



Think about the following:

(1) Which characteristics of the market does this article highlight?

(2) Why did Greenberg pilot the "Big Xtra" in only 10% of US McDonald's restaurants?

(3) In what ways do Greenberg and Kroc represent entirely different economic approaches?

(4) Consider Greenberg's analogy between the fast-food industry and network television.


 * 2/19/15 **

Supply and Demand Introductory Notes and Key:




 * 2/20/15**

Supply and Demand Shifts (Demand Side) Notes and Key:




 * 2/23/15**

Supply and Demand Shifts (Supply Side) Notes and Key:




 * 2/24/15**

Equilibrium Markets Notes and Key:




 * 2/25/15**

Price Controls Notes and Key:




 * 2/26/15**

Price Control/Supply & Demand Scenarios Questions and Answers:




 * 3/2/15**

Unit II Review in preparation for Wednesday's quiz:



Note: no key will be posted, as this is a required assignment that will be turned in for credit.


 * 3/9/15**

Price Elasticity of Demand Notes and Key:




 * 3/10/15**

Total Revenue Notes and Key:




 * 3/11/15**

Price Elasticity of Supply Notes and Key:




 * 3/12/15**

Cross-Price Elasticity of Demand Notes and Key:




 * 3/13/15**

Income Elasticity Notes and Key:




 * 3/16/15**

Unit III (Elasticity) review in preparation for Wednesday's quiz:



Note: no key will be posted, as this is a required assignment that will be turned in for credit. If you have any questions, please see me!


 * 3/19/15**

Unit IV Intro (Aggregate Demand for Private and Public Goods) Notes and Key:




 * 3/23/15**

Externalities Notes and Key:




 * 3/25/15**

Consumption/Production Externalities Notes and Key:




 * 3/26/15**

Additional Externality Practice Key:




 * 3/27/15**

Taxes (Notes and Key):




 * 3/30/15**

ECONers: you will have a quiz on Unit 4: Aggregate Markets and the Public Sector on Wednesday! Your study guide (digital copy available below if you misplace the hard copy you're given) is mandatory and will be due before we begin the quiz. Good luck!