1. FRQs and MCT on Thurs., Sept. 13th and Fri., Sept, 14th
AP ECONOMICS: September 7
Warm-up Draw two demand graphs showing: (1) an increase in income (2) the income effect due to a decrease in price Learning Target In order to establish a thorough understanding of the workings of a free market economy, I will learn the principles of supply. I will know I have it when, on a supply graph, I can: (1) differentiate between a change in quantity supplied vs. a change in supply; and (2) accur-ately shift supply curves given various supply curve shift scenarios. --Complete Worksheet 6.2 (HO from earlier)
(TURN IN WORKSHEETS 5.4 and 6.2—STAPLE TOGETHER)
Additional practice on S and D curve shifters --Worksheet 5.5 (Demand Summary Study Guide) (HO) --Worksheet 6.4 (Supply Summary Study Guide) (HO) Assignment
Read Module 7; GC videos; study circular flow (HO)
FRQs and MCT on Thurs., Sept. 13th and Fri., Sept, 14th