HONORS ECONOMICS WEEK 15
11/30 -12/4

CLASS

 Monday 11/30
Schedule		 Tuesday 12/1
Schedule		 Wednesday 12/2
Schedule		 Thursday 12/3
Schedule		 Friday 12/4
Schedule
H Lesson 1 Lesson 2 Lesson 3 X Lesson 4
UNIT 4 CONCEPTS AND VOCABULARY
Unit 4 Notes Unit 4 Powerpoint

Karl marx
Labor theory of value
subsistence
alienation
exploitation
surplus value
market failure
inequity
monopoly
BUSINESS CYCLES
externalities
public good
free rider
asymetric information
socially optimal equilibrium

 John kenneth galbraith
liberal
protective function
distributive function
corrective function
productive function
PROGRESSIVE TAX
REGRESSIVE TAX
PROPORTIONAL TAX
FLAT TAX		 MILTON FRIEDMAN
PUBLIC CHOICE theory
CONSERVATIVE
RATIONAL IGNORANCE
SHORTSIGHTEDNESS
DEADWEIGHT LOSS
SPECIAL INTEREST EFFECT
LOBBYING
RENT-SEEKING
LOG ROLLING
PORK BARREL
CROWDING OUT
BUREAUCRATIC CAPTURE
LESSON IN CLASS HOMEWORK
Lesson 1
  • Review for Unit 4 Test
Lesson 2
  • Unit 4 Test
    • Chapter 4, pp. 83-95
    • Chapter 6, pp. 124-141
 Bring:  Pencil for Unit 4 test

This test will consist of 35 multiple choice questions, 5 definition questions, and one brief essay from the material and concepts in Unit 4.

You will be expected to draw a graph for the essay portion of this test, and write an essay in brief format.

The test will be counted out of 50 points.
Lesson 3
  • Unit 4 Test for the Slackers
    • Chapter 4, pp. 83-95
    • Chapter 6, pp. 124-141
 Bring:  Pencil for Unit 4 test

This test will consist of 35 multiple choice questions, 5 definition questions, and one brief essay from the material and concepts in Unit 4.

You will be expected to draw a graph for the essay portion of this test, and write an essay in brief format.

The test will be counted out of 50 points.
Lesson 4 In Class: Bring Laptop for the Big Fat Spectacular Super Duper Secret Special Sanctioned Student Survey*

Homework: Read Exam Review sheet.
EXAM REVIEW SHEET