G11 - Week 19 - Day 1

In-class work

1. HL Only - Exercises 8-12
2. Aggregate Demand PPT

At-home work

1. Ch. 11 learning outcome quiz
2. Ch. 12 vocabulary and diagram flashcards
3. Introduction to aggregate demand

G11 - Week 18 - Day 3

In-class work

1. Ch. 11 vocabulary and diagram quiz
2. HL Only - Real GDP and the GDP deflator
3. The Business Cycle
1. Questions
4. Exercises 4-7

At-home work

1. HL Only - Exercises 8-12

G11 - Week 18 - Day 2

In-class work

1. Chapter 11 flashcards
2. Measuring GDP (Income and expenditure approach)
1. Questions
3. Exercises 1-7

At-home work

1. Ch. 11 vocabulary and diagram quiz
2. HL Only - Real GDP and the GDP deflator
3. The Business Cycle

G11 - Week 18 - Day 1

In-class work

1. Get back exams
2. Overview macro

At-home work

1. Chapter 11 flashcards
2. Measuring GDP (Income and expenditure approach)

G11 - Week 17 - Day 1

In-class work

• Sample Micro IB Economics IA
• Sample Macro IB Economics IA
• How to Structure an Economics IA
• Evaluation in Economics
• Internal Assessment Coversheet
• Internal Assessment Portfolio Coversheet

Use this class to work on your second draft (or first if you haven't gotten any peer feedback yet). The second draft will be due by the end of class on Thursday.

G11 - Week 16 - Day 1

In-class work

• Sample Micro IB Economics IA
• Sample Macro IB Economics IA
• How to Structure an Economics IA
• Evaluation in Economics
• Internal Assessment Coversheet
• Internal Assessment Portfolio Coversheet

Use this class to read through the above and find your news article. Then, begin writing first draft.

G11 - Week 15 - Day 1

In-class work

1. News presentation
2. Review for ch. 1-6 exam
1. It will be paper 1 style
1. Two questions - choose ONE only
2. Must answer part a and b on the same question
3. You will have 45 minutes in class, pen or pencil only on paper

At-home work

1. Test on Thursday

G11 - Week 13 - Day 1

In-class work

1. News presentation
2. Questions
1. The tragedy of the commons
2. Visualizing the tragedy of the commons
3. HL only - asymmetric information (part 1)
4. HL only - asymmetric information (part 2)
3. Review

At-home work

1. Review for ch. 1-6 exam
1. It will be paper 1 style
1. Two questions - choose ONE only
2. Must answer part a and b on the same question
3. You will have 45 minutes in class, pen or pencil only on paper

G11 - Week 12 - Day 2

In-class work

1. News presentation
2. Questions
1. Public goods - part 1
2. Public goods - part 2
3. Exercises 4-10
4. Pick an externality you're interested from the book, videos, or class discussions so far and attempt to find data and research that has calculated the actual costs/benefits. Use sources that you can justify such as the World Bank, UN, WHO, CDC, etc and try to understand how they actually calculate the externalities and the specific solutions best recommended. Examples include:
1. Air pollution
2. Climate change
3. Factory farming
4. Smoking
5. Traffic
6. Public education
7. Vaccinations
8. Tree farms
9. Large construction projects like airports or stadiums
10. Etc.

At-home work

1. The tragedy of the commons
2. Visualizing the tragedy of the commons
3. HL only - asymmetric information (part 1)
4. HL only - asymmetric information (part 2)

G11 - Week 12 - Day 1

In-class work

1. News presentation
2. Questions
1. Positive externalities of production
2. Positive externalities of consumption
3. Exercises 1-3
4. Pick an externality you're interested from the book, videos, or class discussions so far and attempt to find data and research that has calculated the actual costs/benefits. Use sources that you can justify such as the World Bank, UN, WHO, CDC, etc and try to understand how they actually calculate the externalities and the specific solutions best recommended. Examples include:
1. Air pollution
2. Climate change
3. Factory farming
4. Smoking
5. Traffic
6. Public education
7. Vaccinations
8. Tree farms
9. Large construction projects like airports or stadiums
10. Etc.

At-home work

1. Public goods - part 1
2. Public goods - part 2

G11 - Week 11 - Day 3

In-class work

1. Ch. 6 vocabulary and diagram quiz
2. Questions
1. Negative Externalities of Consumption as a Market Failure - part 1
2. Negative Externalities of Consumption as a Market Failure - part 2
3. Page 130
4. Exercises 1-3

At-home work

1. Positive externalities of production
2. Positive externalities of consumption

G11 - Week 11 - Day 2

In-class work

1. Ch. 6 vocabulary and diagram flashcards
2. Questions

3. Introduction to Market Failure

4. Negative Externalities of Production

5. Competitive markets (p. 25)
1. Market failure occurs when any of the assumptions for perfectly competitive markets are NOT true
6. Command and Control Solutions
7. The Coase Theorem

At-home work

1. Ch. 6 vocabulary and diagram quiz
2. Negative Externalities of Consumption as a Market Failure - part 1
3. Negative Externalities of Consumption as a Market Failure - part 2

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

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

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

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.

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

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

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