Economics FOR THE WEEK STARTING 2/25/13 MONDAY DAY 2 2/25 TUESDAY DAY 1 2/26 WED. Day 2 2/27 THURSDAY Day 2 2/28 FRIDAY Day 1 3/1 Class: Class: Class: Class: Class: 1. 1. Discuss “Death By Bureaucrat” (Role of Gov’t) 2. Notes: Free Enterprise System: 1. Complete Notes on Free Enterprise System 2. Work on NAVIANCE FOR EA 3. STUDY FOR UNIT 1 TEST Public v. Private Goods Positive/Negative Externalities CLASS OBJECTIVES: 1. 1. CLASS OBJECTIVES: 1. Define basic principles of free enterprise system 2. Explain why the government may intervene in market place 3. Identify examples of public goods CLASS OBJECTIVES: 1. CLASS OBJECTIVES: 1. 1. Define basic principles of free enterprise system 2. Explain why the government may intervene in market place 3. Identify examples of public goods 4. Analyze Market Failures 4. Analyze Market Failures 5. Evaluate how government allocates some resources 5. Evaluate how government allocates some resources CLASS OBJECTIVES: 2. VOCAB: VOCAB: Public Goods Free Rider Market Failure VOCAB: Positive/Negative Externalities PRACTICE: Practice/Homework: 1. Read Ch. 3 (Sec. 1-2; pages. 49-59 VOCAB: Public Goods Free Rider Market Failure VOCAB: Positive/Negative Externalities PRACTICE / Homework: 1 PRACTICE / Homework: Read Ch. 3 (Sec. 3-4; pgs. 5969 Unit 1 Test on Monday PRACTICE / Homework: