G12 - Week 11 - Day 1

In-class work

1. IA Trade commentary
2. Trade exam and mark scheme
3. Economic Development

At-home work

1. Ch. 26 flashcards for vocabulary and diagram
2. Economic growth versus development
3. Common characteristics of developing countries

G11 - Week 11 - Day 1

In-class work

1. Practice question
1. Explain why a government might introduce subsidies for food. [10 marks]
2. Discuss possible negative consequences that may arise from a government decision to subsidize food. [15 marks]
2. Competitive markets (p. 25)
1. Market failure occurs when any of the assumptions for perfectly competitive markets are NOT true

At-home work

1. Ch. 6 vocabulary and diagram flashcards
2. 
   

   Introduction to Market Failure
3. 
   

   Negative Externalities of Production

G12 - Week 10 - Day 2

In-class work

1. IA Trade commentary
1. Finish first draft
2. Get peer feedback

G11 - Week 10 - Day 2

In-class work

1. Ch. 5 learning outcome quiz
2. News presentations
3. Exercises 19-23
4. HL Only - Exercises 24-34
5. HL Only - Exercises 35-46
6. Practice question
1. Explain why a government might introduce subsidies for food. [10 marks]
2. Discuss possible negative consequences that may arise from a government decision to subsidize food. [15 marks]

At-home work

1. Review vocabulary and diagrams

G11 - Week 10 - Day 1

In-class work

1. News presentations
2. Questions
1. The Effects of a Per Unit Subsidy
2. HL Only - Calculating the Effects of a Subsidy using Linear Equations.

3. Determining the Effects of Price Ceilings and Price Floors

4. Calculating the Effects of Price Controls using Linear Equations

3. Exercises 19-23
4. HL Only - Exercises 24-34
5. HL Only - Exercises 35-46
6. Feedly

At-home work

1. Ch. 5 learning outcome quiz

G12 - Week 10 - Day 1

In-class work

1. IA Trade commentary
1. Finish first draft
2. Get peer feedback

G11 - Week 9 - Day 2

In-class work

1. News presentations
2. Questions
1. The Effects of a Per Unit Subsidy
2. HL Only - Calculating the Effects of a Subsidy using Linear Equations.
3. Exercises 19-23
4. HL Only - Exercises 24-34
5. Feedly

At-home work

1. Determining the Effects of Price Ceilings and Price Floors

2. Calculating the Effects of Price Controls using Linear Equations

G12 - Week 9 - Day 2

In-class work

1. Find news article for international trade commentary and begin first draft
1. Sample Macro IB Economics IA
2. Sample Micro IB Economics IA
3. How to Structure an Economics IA
4. Evaluation in Economics
5. Internal Assessment Coversheet
6. Internal Assessment Portfolio Coversheet
2. We will share the first drafts next class for peer feedback

At-home work

1. Finish first draft of trade commentary

G11 - Week 9 - Day 1

In-class work

1. Ch. 5 vocabulary and diagram quiz
2. News presentations
3. Questions

1. The Effects of an Excise Tax - Inelastic Demand

2. The Effects of an Excise Tax - Elastic Demand
3. HL Only - Calculating the Effects of a Specific, Indirect Tax
4. Exercises 3-7
5. Exercises 8-18
6. Feedly

At-home work

1. The Effects of a Per Unit Subsidy
2. HL Only - Calculating the Effects of a Subsidy using Linear Equations.

G12 - Week 9 - Day 1

In-class

1. International trade exam

G11 - Week 8 - Day 3

In-class work

1. Check flashcards for ch. 5 vocabulary and diagrams
2. News presentations
3. Questions
1. Indirect taxes' Effect on Supply - part 1

2. Indirect taxes' Effect on Supply - part 2

4. Exercises 1-2
1. Find news article examples

At-home work

1. Ch. 5 vocabulary and diagram quiz

2. The Effects of an Excise Tax - Inelastic Demand

3. The Effects of an Excise Tax - Elastic Demand

4. HL Only - Calculating the Effects of a Specific, Indirect Tax

G12 - Week 8 - Day 2

In-class

1. News presentations
2. HL Only - Terms of Trade - part 2
3. Alternative from EconplusDal
1. Terms of Trade
2. Terms of Trade Analysis
1. Questions?
4. Review
1. International economics revision 

At-home

1. Test next class - international trade is chapters 20-25

G11 - Week 8 - Day 2

In-class work

1. News presentations
2. Ch. 4 learning outcome quiz
3. Part b - “The income elasticity of demand for primary products tends to be lower than that for manufactured products and services.” Examine the implications of this for producers and for the economy as a whole. [15 marks]

At-home work

1. Make flashcards for ch. 5 vocabulary and diagrams
2. 
   

   Indirect taxes' Effect on Supply - part 1

3. Indirect taxes' Effect on Supply - part 2

G12 - Week 8 - Day 1

In-class

1. News presentations
2. HL Only - Terms of Trade - part 1
1. Questions
3. Exercises 1-7
4. Prebisch Singer Hypothesis
5. Exercises 8-9

At-home

1. Terms of Trade - part 2
2. Alternative from EconplusDal


1. Terms of Trade
2. Terms of Trade Analysis

G11 - Week 8 - Day 1

In-class work

1. News presentations
2. Video questions?
1. Price Elasticity of Supply and its Determinants
3. Exercises 17-20
4. Part b - “The income elasticity of demand for primary products tends to be lower than that for manufactured products and services.” Examine the implications of this for producers and for the economy as a whole. [15 marks]

At-home work

1. Ch. 4 learning outcome quiz
2. Finish writing answer to the question above