ECONOMICS FOR THE WEEK STARTING 11/4/13 MONDAY DAY 2 11/4 TUESDAY DAY 1 11/5 WED. Day 2 11/6 THURSDAY Day 1 11/7 FRIDAY Day 2 11/8 CLASS: CLASS: CLASS: CLASS: CLASS: ECONOMICS MID-TERM EXAM 1. Introduce Market Research Project NOTES: Perfect Competition 2. Market Research Project (in media center) 2. Simulation: “Can You Tell The Difference?” (Taste Test Challenge) 3.Market Research Project (in media center) CLASS OBJECTIVES: CLASS OBJECTIVES: CLASS OBJECTIVES: 1) STUDENTS WILL BE ABLE TO IDENTIFY THE ADVANTAGES & DISADVANTAGES OF PURE MARKET COMPETITION. 2) STUDENTS WILL BE ABLE TO IDENTIFY THE ADVANTAGES & DISADVANTAGES OF MONOPOLIES. CLASS OBJECTIVES: CLASS OBJECTIVES: 1) STUDENTS WILL BE ABLE TO IDENTIFY THE ADVANTAGES & DISADVANTAGES OF PURE MARKET COMPETITION. 2) STUDENTS WILL BE ABLE TO IDENTIFY THE ADVANTAGES & DISADVANTAGES VOCAB: VOCAB: VOCAB: Perfect Competition Economies of Scale Price Discrimination Barriers to Entry Start-Up Costs VOCAB: PRACTICE: PRACTICE: PRACTICE: PRACTICE: 1. Read: Chapter 7 (Sec. 1 and 2; pgs. 159-173) Complete Parts I and II on Market structures WS VOCAB: Perfect Competition Economies of Scale Price Discrimination Barriers to Entry Start-Up Costs PRACTICE: 1. Read: Chapter 7 (Sec. 1 and 2; pgs. 159-173) Complete Parts I and II on Market structures WS 2. MARKET RESEARCH 2. MARKET RESEARCH