What will you find on these pages?
There is a link to each day's lesson on this page. The calendar contains information about homework, assignments that are due, and class resources (videos, slideshows, and related readings and podcasts). It also has information about what we'll be doing each day, including the problem of the day. Click here to read the syllabus and here to see the SAS economics standards. Download this app to help you study throughout the year and for the AP Exam. Also, students who earn an A in AP economics and wish to be further challenged may elect to do the AP Economics Critical Thinking Project. Read about the project and its requirements here. Finally, just to prove that economics is FUN check out this website linking Seinfeld and the world of economics.
August 12/13: Introduction to AP Economics. Click here to read the syllabus.
August 14/15: Scarcity, Opportunity Cost, and Production Possibilities
August 20/21: Demand
August 22/25: Supply
August 26/27: Equilibrium and Market Efficiency
August 28/29: Government's Effect on Market Efficiency (Price Controls, Taxes, and Subsidies)
September 1/2: Price Elasticity of Demand and Total Revenue
September 3/4: Unit One Test (Click here to go to the Unit One review page)
September 5/8: Circular Flow, Business Cycles, and GDP
September 9/10: Calculating Unemployment and Inflation
September 11/12: Calculating GDP (Real and Nominal)
September 15/16: Economic Indicators: Strengths and weaknesses of GDP, CPI and Unemployment Rate
September 17/18: Unit Two Test
September 19/22: Aggregate Demand
September 23/24: Short-run Aggregate Supply and General Equilibrium
September 29/30: Long-run Aggregate Supply
October 1/2: Economic Growth and Productivity
October 3/7: Inflationary and Recessionary Gaps and Long-run Adjustment
October 8/9: Keynesian Fiscal Policy, the Accelerator Effect, and the Multiplier Effect
October 10/13: Crowding Out and Supply-side Economics
October 14/16: Unit Three Test
October 17/27: The Meaning of Money and Money Creation
October 28/29: The Classical Theory of Inflation and Quantity Theory of Money
October 30/31: The Costs of Inflation
November 3/4: The Keynesian Theory of Liquidity Preference
November 5/6: Monetary Policy Tools
November 7/10: Keynesian Monetary Policy
November 11/12: Monetarism and the Money Rule
November 13/14: The Phillips Curve and the Role of Expectations
November 17/18: Supply-shocks and the Natural Rate Hypothesis
November 19/20: Unit Four Test
November 21/24: Sources and Consequences of Economic Growth
November 25/December 1: Barriers to Economic Growth
December 2/3: Growth and Development Strategies
December 4/5: Unit 5 Test
December 8/9: Semester Exam Review Day
December 10/11/12: Semester Exam Review Day
December 15: B1 and B2 Exam
December 18: A3 Exam
January 12/13: The Theory of Comparative Advantage and Terms of Trade
January 14/15: The Benefits of Free Trade and Protectionism
January 16/19: The Balance of Payments
January 20/21: The Foreign Exchange Market
January 22/23: International Trade's Link to the Macroeconomy
January 26/27: Unit 6 Test
January 28/29: Review of Supply and Demand and Elasticities
January 30/February 2: Short-run Production Costs
February 3/4 (Class before IS on Feb 4): Long-run Production Costs
February 5/16 (Class before IS for Feb 5): Short-run and Long-run Equilibrium in Perfect Competition
February 17/18 (Day before CNY): Short-run and Long-run Equilibrium in Perfect Competition (Day 2)
February 23/24: Pure Monopoly
February 25/26: Regulating Monopoly (Natural Monopolies) and Price Discrimination
February 27/March 2: Open Day
March 3/4: Test on Perfect Competition and Monopoly
March 5/6: Monopolistic Competition
March 9/10: Collusive Oligopoly and the Prisoner's Dilemma
March 11/12: Non-collusive Oligopoly (Kinked Demand Theory)
March 13/16: Open Day
March 17/18: Test on Monopolistic Competition and Oligopoly
March 19/20 (Class before Spring Break): Derived Demand
March 30/31: Allocating multiple inputs, least-cost profit maximizing combination of inputs, and determination of wages in perfect and monopsonistic markets
April 1/2: Labor Unions and economic rent, interest, and profits
April 6/7: Open Day
April 8/9: Unit 7 Test
April 10/13: Negative and Positive Externalities
April 14/15: Internalizing Externalities
April 16/17: Public Goods and Common Resources
April 20/21: Asymmetric Information
April 22/23: Unit 9 Test
April 24/27: Open Day
April 28/29: AP Micro Mock Exam (in class)
April 30/May 4: Review for AP Exam
May 5/6: Economic Growth and Measuring Economic Performance and The AS-AD Model
May 7/8: Fiscal Policy, Monetary Policy, and the Phillips Curve
May 11/12: International Economics
May 13: Open Review
May 14: AP EXAM (MACROECONOMICS)
May 15: AP EXAM (MICROECONOMICS)