AP Economics Syllabus
Email: StBalazs@darienps.org Free Periods 1 (study hall in rm a103b), 2, 4 and 5)
Telephone 655-3981 extension 2205
TEST Chapter 5- Tuesday— If you miss the test and are in school on Tuesday you will have to present to me an explanation signed by a parent. You will also have to take the test tomorrow, no later than Wednesday morning—I will be in by 6:50 am
If you are absent you will have to take the test by the next school day after you return from school
Chapter 6 Homework---
Question 3, 5 6 and 7 due Thursday
Questions 11 through 14 due Monday ( I retain the
right to collect homework!)
Teacher notes/overhead from Friday 12/3 lecture/discussion
In Class Activity Monday- Ricardo reading (New Ideas from Dead Economists- handout) and questions. Comparative Advantage Worksheet
Due Tuesday 11/23 Chapter 5, questions 10, 12, 13 and 14
Due Monday 11/22- Chapter 5, questions 2 3, 5 and 7
Review Chapter 4 test REVIEW—LATE BUT FINALLY HERE!!! ALSO LOOK AT THE INDICATOR HANDOUT
REMEMBER YOU ARE ALLOWED ONE PAGE- ONE SIDED OF NOTES FOR THE TEST
Due Tuesday, from
National Income packet, p.87, questions 1-4
Readings from this Sunday’s 10/17 NY Times
Economics- the X factor- http://www.nytimes.com/2010/10/17/weekinreview/17segal.html?hp
Economic View- Distribution of Income- http://www.nytimes.com/2010/10/17/business/17view.html?_r=1&emc=eta1
Due Tuesday 10/26, chapter 4 questions 8, 11, 12 and 16 (typed-see below)
Homework due Friday, Chapter 4 Questions, 1, 3, 5 and 6 (must be typed—will not be accepted if handwritten),
In class assignment Tuesday, Oct. 19- http://www.pbs.org/wgbh/pages/frontline/meltdown/view/ After watching be
ready to discuss
Tentative Test Date- Chapter 3 and Appendix- Monday 10/18—Review Guide
Nobel Prize Winners: Congrats: http://www.pbs.org/newshour/bb/business/july-dec10/nobel_10-11.html
Mankiw channeling Balazs in the NYTimes: http://www.nytimes.com/2010/10/10/business/economy/10view.html?_r=1&src=me&ref=business
Textbook: www.glencoe.com/mcconnell18
Interesting Sites
Business and Economics from Newshour (PBS) http://www.pbs.org/newshour/economy/’
Freakonomics Website: http://freakonomics.blogs.nytimes.com/
Raising Cattle: NY Times magazine article: http://www.nytimes.com/2002/03/31/magazine/power-steer.html?scp=2&sq=calf&st=nyt
Price of Wheat--- http://www.ft.com/cms/s/0/25e25910-b77d-11df-8ef6-00144feabdc0,s01=1.html
Grain Riots http://www.youtube.com/watch?v=Blji7dBm-2k
Bloomberg Commodity Index- http://www.bloomberg.com/markets/commodities/futures/
Mercantile Exchange http://www.cmegroup.com/
Charts http://www.indexmundi.com/commodities/?commodity=crude-oil
Homework—
Tuesday-10/12 questions Chapter 3Appendix- 2,4,6
Friday- 10/8 questions 12, 13, 15 and 17
Wednesday- 10/6 Chapter 3 p. 64-65questions 2, 5, 7 and 10
Monday- 10/4 MUST BE TYPED---Find and summarize a recent (no older than 30 days) article from a major periodical (NY Times, Wall Street Journal, Economist that deals with the demand or the supply of a product-Be ready to discuss same on Monday. Attach the article to the homework.
2nd Test- Tentative Date, Friday, October 1, 2010---2nd Test—plus rule of 70s and discussion on normal profits/rates of return
Economics—What’s it
Worth???-What to Study in College?
http://www.nytimes.com/2010/09/05/business/economy/05view.html?_r=2&src=me&ref=business
Infrastructure PPC
http://www.nytimes.com/2010/09/12/business/economy/12view.html?ref=economy
Capitalism, Communism and Cows—Fun Reading
Outline- Capitalism/Command Economies
Organ donation—when the market fails- Opting In/Opting out
Government involvement—Good or Bad?
China v. US??? Thomas Friedman – NY Times 9/22/10
http://www.nytimes.com/2010/09/22/opinion/22friedman.html?ref=opinion
Fair Pay—should Government get involved?-
http://www.nytimes.com/2010/09/22/opinion/22Sommers.html?ref=opinion\
Arguments on the Health Care Debate- Mankiw –
http://www.nytimes.com/2009/09/20/health/policy/20view.html?scp=5&sq=healthcare%20Mankiw&st=Search
Freemium- Giving it away free to make a profit?
http://www.nytimes.com/2009/08/30/business/30ping.html?scp=2&sq=freemium&st=Search
Homework Read Chapter 2
Due Friday (per6) Monday (per3) Chapter 2, p. 44, Questions 1,3,4 and 5
Due Wednesday both classes p.43-44 7,11,14 and 15
Homework due Thursday, Chapter 1, p. 20 questions
1, 2, 4, and 6
In class review sheet- Chapter 1
PowerPoints
Articles:
Opportunity Cost of College- 9/27
Sunday NY Times Magazine- what’s
the value of an Ivy league education?
For those interested in reading and understanding about the history of economics and current leading ideas in economics read Krugman’s NY Times magazine article http://www.nytimes.com/2009/09/06/magazine/06Economic-t.html?_r=1
Highest paid salaries out of college, 10 years down the line? See the following: http://www.payscale.com/best-colleges/degrees.asp
What’s the opportunity cost of your future major?
Due Tuesday- Read the following articles by Paul Krugman, http://www.nytimes.com/2010/08/27/opinion/27krugman.html?ref=paulkrugman
and David Brooks http://www.nytimes.com/2010/08/27/opinion/27brooks.html?ref=davidbrooks
and be ready to discuss the article. Compare and contrast their different views on the “recovery”.
Historical articles on the Recession
The Recession
http://cohort11.americanobserver.net/latoyaegwuekwe/multimediafinal.html
Interesting article- NY Times,
Robert Frank- economist- cornell- great for those who
are planning to take Macro next semester
For future Macro students- 2
excellent articles
Wall Street Journal 12/9/09- Disposable
Income, net worth and the savings rate
NY Times, 12/10/09- Value
Added Tax- taxing consumption