Wednesday, October 31st

Agenda:

1. Return Notebooks
2. Monopolies - Regulation and Price Discrimination

Homework:

1. Perfect Competition v Monopolies Practice Problems (A#24)

Tuesday, October 30th

Agenda:

1. Stamp HW (A#23)
2. Notebook Check
3. Notes - Monopolies

Monday, October 29th

Agenda:

1. Notes - Monopolies

Homework:

1. Read/Notes p. 765-767 and Mod. 62,63 (A#23)
2. Notebook Check tomorrow

Friday, October 26th

Agenda:

1. Shark Tank

Thursday, October 25th

Agenda:

1. Stamp HW (A#22)
2. Intro to Unit 4 - Imperfect Competition
3. Notes - Monopolies

Unit 4 Notes

Below are the notes for the current unit...Imperfect Competition. Consider printing them out ahead of time so you can spend your classroom time adding to the notes, rather than copying.

Monopolies
Price Discrimination and Regulation of Monopolies
Monopolistic Competition
Oligopolies

Wednesday, October 24th

Agenda:

1. Unit 3 Exam Corrections

Homework:

1. Read/Notes p. 575-577 and Mod. 61 (A#22)

Tuesday, October 23rd

Agenda:

1. Unit 3 Exam

Monday, October 22nd

Agenda:

1. Perfect Competition and Efficiency
2. U3 FRQ Review

Homework:

1. Unit 3 Test Tomorrow

Review Videos: Perfect Competition in the Long-Run

The following videos will help with your U3 FRQs:

Perfect Competition in the Long-Run
Long Run Practice FRQ

Review Videos: Perfect Competition in the Short-Run

Check out the following quick review videos for the concepts we've been learning the last couple days in class:

The Shut Down Rule
Economic Profit and Costs
Perfect Competition in the Short-Run
Maximizing Profit: MR=MC

Friday, October 19th

Agenda:

1. Unit 3 FRQ Test

Homework:

1. Unit 3 Exam Tuesday

Thursday, October 18th

Agenda:

1. Perfect Comp FRQ Practice (A#21)
• 2008 FRQ #1 (only #1)
• 2010 FRQ#1 (only #1)

Homework:

1. Unit 3 FRQs Friday
2. Unit 3 Test Tuesday

Wednesday, October 17th

Agenda:

1. Perfect Competition in the Long Run
2. Perfect Comp FRQ Practice (A#21)

Homework:

1. Unit 3 FRQs Friday
2. Unit 3 Test Tuesday

Tuesday, October 16th

Agenda:

1. Finish Perfect Competition in the short-run
2. Perfect Competition in the Long Run

Homework:

1. Unit 3 FRQs Friday
2. Unit 3 Test Tuesday

Monday, October 15th

Agenda:

1. Stamp HW (A#20)
2. Graphing Perfect Competition

Friday, October 12th

Agenda:

1. Cont. Perfect Competition

Homework:

1. Read/Notes Module 60 (A#20)

Thursday, October 11th

Agenda:

1. Cont. Perfect Competition

Wednesday, October 10th

Agenda:

1. Perfect Competition

Costs of Production Review Videos

If you've been struggling the last couple of days with the costs of production, you're not alone. Along with being fairly dull, understanding the relationship of all the curves can be pretty difficult. Here are a couple of quick review videos to help...

Costs of Production (part 1)
Costs of Production (part 2)
Shape of MC and ATC

Tuesday, October 9th

Agenda:

1. Stamp HW (A#19)
2. Long-Run Production Costs
3. Perfect Competition

Monday, October 8th

Agenda:

1. Short Run Costs of Production
2. Long-Run Costs

Homework:

1. Read/Notes p. 572-575 w/Mod. 58 (A#19) 

Friday, October 5th

Agenda:

1. Read/Notes Mod. 56 (A#18)

Thursday, October 4th

Agenda:

1. Short Run Costs of Production

Homework

1. Bring Textbooks to class tomorrow

Tuesday, October 2nd

Agenda:

1. Stamp HW (A#17)
2. Short Run Costs of Production

Monday, October 1st

Agenda:

1. Production and the Law of Diminishing Marginal Returns
2. Revenue and Profit
3. Short Run Costs of Production

Homework:

1. Read/Notes Mod. 55 (A#17)