Tuesday, November 22, 2011

Agenda 11/22/11

1. Exam Chapter 9
2. HW: Read chapter 10 and start objectives 10

Thursday, November 17, 2011

Agenda 11/17/11

1. Bell Task: Why does the private sector not effectively provide "public goods".
2. Discussion Chapter 9
3. HW: Research Obama's Tax Plan and Compare it to one Republican Candidate's Plan
Discuss Pros and Cons
What type of tax plan is it? Proportional, Progressive, Regressive.
(Do this on a separate piece of paper to turn in)

Wednesday, November 9, 2011

Agenda 11/9/11

1. Bell Task: What is the proper role of govt.? What should it provide?
2. Discussion Chapter 9
3. HW: Finish Chapter 9 Reading and Objectives
Exam Chapter 9 Tuesday (Maybe Thursday) next week.

Monday, November 7, 2011

Agenda 11/7/11

1. Bell Task: Gas has risen from $3.50 to $10.00 because of war disruptions (supply) in the Middle East. Would it be a good or bad move for the govt. to impose a price ceiling of $4.00? Draw Two Diagrams:
a. One to explain the supply disruption.
b. One to explain the effect of the new price ceiling.
2. Exam Chapter 3 Review
3. HW: Exam Chapter 3 Tomorrow.

Sunday, November 6, 2011

Agenda 11/4

1. Discussion Chapter 3
2. HW: Chapter 3 Review Questions (on Class Website Under: Class Resources)
I put it up on Sunday 11/6: Available NOW!!!

Thursday, November 3, 2011

Agenda 11/3/11

1. Bell Task: Using a supply and demand diagram, show the effects of minimum wage laws pointing out both winners and losers.
2. Discussion Chapter 3: Surpluses and Shortages
3. HW:
Exam Chapter 3 Tuesday Next Week.

Tuesday, November 1, 2011

Agenda 11/1/11

1. Bell Task: Minimum Wage Analysis
a. Do you support minimum wage laws? Why? Why not?
b. Describe the people that minimum wage laws are designed to help.
c. Use a diagram to show how wages are determined without minimum wage laws.
d. How does the diagram change when minimum wage laws are instituted?
e. Who are the winners and losers of minimum wage laws?