1st 9 WEEKS AP ECONOMICS SCHEDULE 2013
All dates and activities on this are subject to change as needed. See CMS for latest information.
Block
1
Date
9/3
9/4
Chap
1
2
9/5
9/6
1
3
9/9
9/10
2
4
9/11
9/12
2
5
9/13
9/16
9/17
9/18
9/19
9/20
4
Topics
Overview
Intro to econ
Econ and you
Opportunity cost
Factors of production
Production poss. curve
Trade/comp advantage
Systems of trade (money)
Types of goods
Competition & consumers
Types of economic
systems
Markets (resource & product)
Circular flow
Competition & consumers
Public and private sectors
4/Re
view
Review for test, catch-up as
necessary
9/23
9/24
9/25
9/26
3
Demand
3
Supply
9/27
9/30
10/1
10/2
10/3
10/4
3
Market equilibrium
6
Elasticity
6
7
16
10/7
10/8
10/9
10/10
10/11
10/15
10/16
Elasticity
Consumer and producer
surplus
Consumer behavior
8
Costs of production
17
10/17
8
Costs of production
18
10/18
10/19
10/20
10/21
10/22
10/23
10/24
10/25
10/28
10/29
10/30
10/31
9
Market structures
9
Pure competition
9
Pure competition
6
7
8
9
10
11
12
13
14
15
19
20
Graded assignments due
Class activities (tbd)
Knowledge inventory
Pre-test (pairs)
Marginal utility sim.
What’s the value?
Activity 2
Homework
Article
Needs/wants
Vocab +
Vocab +
PPC packet
Application exercise
Mocha worksheet (C)
Kingdom of Mocha
video
Vocab +
Chapter 2 quiz (Q)
Activity 5 (C)
Graph 2.2
Activity 5
Vocab +
Study for test
Application exercise
Problem Set #1(H)
Chapter 4 Quiz
Public v. private sector
Matrix
Review
Vocab+
Chapter 1quiz (Q)
Article (H)
Activity 2 (C)
Unit I Test (T)
Wrap up and review
Activity 9 (C)
Activity 10 (C)
Chapter 3 quiz (Q)
Activity 12 (C)
Application exercise (C)
Activity 15 (C)
Activity 17 (C)
Application exercise (C)
Problem set #2 (H)
Economic literacy
project (P)
Unit II Test (T)
Vocab+
Free Resp. #1, p.
27
Activity 17
Read,
vocab+
Vocab+,
Ch 6 M.C.
Review
Vocab quiz (Q)
Activity 25 (C)
Chapter 8 quiz (Q)
Activity 25
Application exercise (C)
Activity 24 (C)
Chapter 9 Quiz
Activity 27 (C)
Problem set #3
Activity 30 (C)
Activity 24
Vocab+
Vocab+
Activity 27
Activity 29
Activity 30
Review
Unit III Test (T)
Notebook (H)
Pure monopoly
Activity 12
Discuss book report
and economic literacy
project
Activity 15
Chapter 6 quiz (Q)
Wrap up and review
10
Activity 9/10
Acquire outside
readings- will be
due 2nd quarter
Vocab+
Start Chapter 10
Notebook organization:
You will need a three-ring binder for this. The front page will be the table of contents. All work will be logged on this this in the
order that it is given, and points possible and points earned should be added as well. The actual assignments will be numbered and
placed in the correct order behind the table of contents. This will be collected and reviewed for a grade near the end of the quarter, but
the main purpose of the assignment is to enhance your organization and aid your success in this course.
Problem Sets:
These will be handed out for each unit, and will be due two blocks before the unit test. They will include multiple choice, short
answer, and free response questions, and will double as a test review.
Key vocab terms: (these are the most significant terms in each chapter, but this is not a comprehensive list of what you need to
know)
Chapter 1: Economics, utility, marginal utility, scarcity, opportunity cost, production possibilities curve, capital goods, consumer
goods, economic growth, factors of production (identify), comparative advantage
Chapter 2: Money, barter, command economy, market economy, competition, invisible hand, dollar votes
Chapter 4: Durable v. non-durable goods, monopoly, externality, public good, free-rider problem, transfer payment, externality,
marginal tax rates, excise tax
Chapter 3: Demand, law of demand, diminishing marginal utility, income effect, substitution effect, inferior goods, normal goods,
substitute good, complementary goods, supply, determinants of supply, equilibrium price/quantity, surplus, shortage, productive
efficiency, allocative efficiency
Chapter 6: Price elasticity of demand, unit elasticity, elastic demand, inelastic demand, perfectly elastic demand, perfectly inelastic
demand, total revenue test, price elasticity of supply, market period, short run, long run, cross-elasticity of demand, income elasticity
of demand, consumer surplus, producer surplus, efficiency loss
Chapter 7: Utility, law of diminishing marginal utility, total utility, marginal utility, rational behavior, budget constraints, consumer
equilibrium, income effect, substitution effect
Chapter 8: Opportunity cost, explicit costs, implicit costs, normal profit, economic profit, total product, marginal product, average
product, law of diminishing returns, fixed costs, variable cost, total cost, marginal costs, economies of scale, returns to scale,
minimum efficient scale, natural monopoly
Chapter 9: Pure competition, imperfect competition, price taker, average revenue, total revenue, marginal revenue, break- even point,
MR=MC rule, short-run supply curve, constant-cost industry, increasing cost industry, [productive efficiency, allocative efficiency,
consumer surplus, producer surplus in context]
Chapter 10: Pure monopoly, barriers to entry, simultaneous consumption, network effects, X-inefficiency, price discrimination,
socially optimal price, fair-return price
Quizzes:
There will be one quiz for almost every chapter, although in rare instances there will be two or none. These will consist primarily of
multiple-choice questions covering both vocabulary and content.
Unit tests:
These will consist of 50 multiple choice questions which will account for 100 points and two free-response questions that will count
for 50 points, although they will not always be 25 points each
Application exercises:
This will generally be one or two free responses designed to reinforce the concepts learned in the unit, AS WELL AS EARLIER
UNITS.
Classroom activities:
These are typically practice problems, graphing activities, or short answer questions designed to reinforce the content covered that
day. They will be done in an individual/pair format.