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Daily Schedule
- Monday: No Class
- Monday: Homework - Study for Chapter 20 Test
- Tuesday: Review for Chapter 20
- Tuesday: Homework - Main Idea Questions and Essay Outlines are due Wed.
- Wednesday: Chapter 20 Test
- Wednesday: Homework - Read Section 1 of Chapter 21
- Thursday: ACT Test Performance and Strategies
- Thursday: Homework -
- Friday: Review of Unit up to date
- Friday: Homework -
Contributors
Something to think about...
"Success is not final, failure is not fatal: it is the courage to continue that counts."
- Winston Churchill -
- Winston Churchill -
4 comments:
The Three Basic econimic questions are WHAT to produce,HOW to produce, and for WHOM to produce. The question WHAT to produce is concerned with making goods for defense or for producing services for people who are too sick to work or are retired. The Second question HOW asks if we need crude oil if we should drill in area's or should we restrict oil recovery to more traditional areas. The Final question for WHOM asks who Benefits more from the products for example, the new school,the new cars etc.
the study of economics will help us think about the process of making decisions economics is sometimes called the science of decision making.
1.What do economists mean by scarcity and how is scarcity related to choice?
2.What are the opportunity costs of the choices you make?
3.How does a production possibility frontier illustrate opportunity cost, specialization of resources, inefficiency, and economic growth?
The three basic econmic questions are what to produce, how to produce, and when to produce.
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