G12 - Week 7 - Day 3

In-class

1. Presentations - Degrees of economic integration research project

At-home

1. HL Only - Terms of Trade - part 1

G11 - Week 7 - Day 2

In-class work

1. News presentations
2. Video questions?
1. Income Elasticity of Demand
3. Exercises 14-16

4. Applications of Elasticity (PED, XED and YED)

5. Feedly - read news and/or look for examples related to PED/XED/YED

At-home work

1. Price Elasticity of Supply and its Determinants

G12 - Week 7 - Day 2

In-class

1. Ch. 24 learning outcome quiz
2. News presentation
3. Degrees of economic integration research project

At-home

1. Make sure your presentation is done for Friday

G11 - Week 7 - Day 1

In-class work

1. News presentations
2. Video questions?
1. Cross Price Elasticity of Demand and its Determinants
3. Exercises 8-13
4. Feedly - read news and/or look for examples related to PED/XED

At-home work

1. Income Elasticity of Demand

G12 - Week 7 - Day 1

In-class

1. Ch. 23 vocabulary and learning outcome quiz
2. News presentation
3. Degrees of economic integration research project

At-home

1. Ch. 24 learning outcome quiz

G11 - Week 6 - Day 3

In-class work

1. Ch. 4 vocabulary and diagram quiz
2. News presentations
3. Video questions?

1. The Determinants of Price Elasticity of Demand

2. The Total Revenue Test of Price Elasticity of Demand ( part 1)
3. The Total Revenue Test of Price Elasticity of Demand (part 2)
4. Exercises 1-7

At-home work

1. Cross Price Elasticity of Demand and its Determinants

G12 - Week 6 - Day 2

In-class

1. Check flashcards for ch. 23-24 vocabulary and any diagrams
2. News presentation
3. The six stages of economic integration
4. Discussion

At-home

1. Ch. 23 vocabulary and learning outcome quiz

G11 - Week 6 - Day 2

In-class work

1. Ch. 4 flashcards on vocabulary and diagrams
2. News presentations
3. Video questions?
1. Price Elasticity of Demand Formula and Interpretation (part 1)
2. Price Elasticity of Demand Formula and Interpretation (part 2)
4. Practice Problem in-class

At-home work

1. Ch. 4 vocabulary and diagram quiz

2. The Determinants of Price Elasticity of Demand

3. The Total Revenue Test of Price Elasticity of Demand ( part 1)
4. The Total Revenue Test of Price Elasticity of Demand (part 2)

G12 - Week 6 - Day 1

In-class

1. News presentation
2. Paper 2 specimen
3. Ch. 23 Practice question 2

At-home

1. Make flashcards for ch. 23-24 vocabulary and any diagrams

G11 - Week 6 - Day 1

In-class work

1. Syllabus review
2. Communication market
3. News presentations
4. Video questions?
1. Introduction to Dead Weight Loss (Welfare Loss)
   
2. HL Only - Finding Equilibrium using Linear Demand and Supply Equations
3. HL Only - Consumer Surplus and Producer Surplus in the Linear Demand and Supply Model
   
4. HL Only - Calculating the area of Deadweight Loss (welfare loss) in a Linear Demand and Supply model
5. HL Exercises 2-4
6. Exercises 5-13

At-home work

1. Ch. 4 flashcards on vocabulary and diagrams
2. Price Elasticity of Demand Formula and Interpretation (part 1)
3. Price Elasticity of Demand Formula and Interpretation (part 2)

G12 - Week 5 - Day 3

In-class

1. News presentation?
2. Questions from the videos?
1. The Marshall-Lerner Condition
2. J-Curve and the Marshall-Lerner Condition
3. In-class work
4. Exercises 2-4

At-home

1. Ch, 23 Practice question 2

G11 - Week 5 - Day 1

In-class work

1. Check Ch. 3 flashcards for vocabulary and diagrams
2. News presentations
3. Video questions?
1. Market Equilibrium, Disequilibrium and Allocative Efficiency

2. Consumer Surplus and Producer Surplus

4. Exercise 1

At-home work

1. Introduction to Dead Weight Loss (Welfare Loss)
2. HL Only - Finding Equilibrium using Linear Demand and Supply Equations
3. HL Only - Consumer Surplus and Producer Surplus in the Linear Demand and Supply Model
4. HL Only - Calculating the area of Deadweight Loss (welfare loss) in a Linear Demand and Supply model

G12 - Week 5 - Day 2

In-class

1. Ch. 22 quiz
2. News presentation?
3. Questions from the videos?
1. Balance of Payments - the Relationship between the Accounts
2. The relationship between the Current Account Balance and Exchange Rates
4. In-class work
1. Outline the components of the current, financial, and capital accounts
2. Explain how the current account is balanced with the financial/capital accounts
3. Why does a current account deficit result in downward pressure on the exchange rate of a currency?
4. Why does a current account surplus may result in upward pressure on the exchange rate of a currency?
5. Exercises 2-4

At-home

1. The Marshall-Lerner Condition

2. J-Curve and the Marshall-Lerner Condition

G11 - Week 5 - Day 1

In-class work

1. Ch. 2 quiz next class (learning outcomes)
2. News presentations
3. Video questions?
1. Linear Supply Equations - part 1
   
2. Linear Supply Equations - part 2
4. Practice questions

At-home work

1. Make Ch. 3 flashcards for vocabulary and diagrams
2. Market Equilibrium, Disequilibrium and Allocative Efficiency

3. Consumer Surplus and Producer Surplus

G12 - Week 5 - Day 1

In-class

1. Ch. 6 quiz
2. News presentation 
3. Questions from the videos?

1. Balance of Payments - the Current Account

2. Balance of Payments - the Financial (Capital) Account

4. Practice questions

At-home

1. Ch. 22 quiz
2. Balance of Payments - the Relationship between the Accounts
3. The relationship between the Current Account Balance and Exchange Rates

G11 - Week 4 - Day 2

In-class work

1. News presentations
2. Video questions?
1. Linear Demand Equations - part 1
2. Linear Demand Equations - part 2

3. Linear Demand Equations - part 3

4. Linear Demand Equations - part 4

5. Exercises 11-16 (HL Only)
3. Exercises 1-10, 17-21
4. Practice questions

At-home work

1. Ch. 2 quiz next class (learning outcomes)
2. HL Only!
1. Linear Supply Equations - part 1
   
2. Linear Supply Equations - part 2

G12 - Week 4 - Day 2

In-class

1. News presentation 
2. Questions from the videos?

1. The Net Export Effect of Monetary Policy

2. Calculating Prices in different Currencies using Exchange Rates (HL Only)
3. Calculating Exchange Rates from Linear Equations - part 1 (HL Only)

4. Calculating Exchange Rates from Linear Equations - part 2 

    

   (HL Only)
3. Exercises 1-10 for everyone
4. Exercises 11-16 for HL only
5. Practice question 1 or 2

At-home

1. Ch. 6 quiz

2. Balance of Payments - the Current Account

3. Balance of Payments - the Financial (Capital) Account

G11 - Week 4 - Day 1

In-class work

1. Ch. 2 Quiz
2. News presentations - Ahmed
3. Video questions?
1. The Determinants of Demand
2. The Law of Supply and the Determinants of Supply
4. Exercises 1-10, 17-21

At-home work

1. Why does Supply slope upwards? (The law of increasing opportunity cost and supply)
2. HL Only!
1. Linear Demand Equations - part 1
2. Linear Demand Equations - part 2

3. Linear Demand Equations - part 3

4. Linear Demand Equations - part 4

5. Exercises 11-16 (HL Only)

G12 - Week 4 - Day 1

In-class

1. Chapter 5 quiz
1. Mark
2. News presentation - Luis 
3. Questions from the videos?
1. Managed Exchange Rate Systems Part 1
2. Managed Exchange Rates Systems part 2
4. Exercises 1-7

At-home

1. The Net Export Effect of Monetary Policy

2. Calculating Prices in different Currencies using Exchange Rates (HL Only)
3. Calculating Exchange Rates from Linear Equations - part 1 (HL Only)

4. Calculating Exchange Rates from Linear Equations - part 2 

   (HL Only)