1. AP ECONOMICS: September 29
Warm-up: Module 15 Exit Slip
--go over rest of Worksheet 15.3 (HO from earlier) --go over Activity 11.3 (HO from earlier on back of 15.3)
Learning Target: In order to understand how equilibrium national output and price level are determined, I will analyze the nature and shape of the aggregate demand (AD) curve. I will know I have it when I can: (1) explain why the AD curve is downward sloping; (2) explain why the AD curve shifts; and (3) graph changes in AD and on an appropriately labeled AD graph.
--Intro Video: Aggregate Demand Intro and Practice See Module 17 (Aggregate Demand) (HO) --the 4 sectors (C, Ig, G, and (X-M)) --the downward slope --AD curve shifters (determinants) --begin Worksheet 17.2 (application) Assignment: complete Worksheet 17.2 (due beginning of next class);
be prepared for Basics of Inflation, CPI, and GDP Deflator Quiz (open notes and handouts)—QUIZ on MONDAY; read Module 18