ECONOMICS WEEK 12
11/12/07-11/16/07

CLASS

 Monday 11/12
Schedule		 Tuesday 11/13
Schedule		 Wednesday 11/14
Schedule		 Thursday 11/15
Schedule		 Friday 11/16
Schedule
E Lesson 1 Lesson 2 X Lesson 3 Lesson 4
CHAPTER 7
MARKET STRUCTURES

PERFECT COMPETITION
COMMODITY
ENTRY BARRIERS
IMPERFECT COMPETITION
PRODUCT DIFFERENTIATION
OLIGOPOLY
PRICE WAR
DEREGULATION
CONCENTRATION RATIO

 START-UP COST
MONOPOLY
ECONOMIES OF SCALE
NATURAL MONOPOLY
MONOPOLISTIC COMPETITION
COLLUSION
ANTITRUST LAWS
PRISONERS' DILEMMA

PATENT
FRANCHISE
LICENSE
PRICE DISCRIMINATION
MARKET POWER
PRICE FIXING
CARTEL
PREDATORY PRICING
HHI
LESSON IN CLASS HOMEWORK
Lesson 1
  • Review Chapter 6 Test
  • Student Survey

 

 Read: Chapter 7, Section 1. 

GRQ Packet:  Section 1 Guided Reading and Review, Activity 5 Maximizing Profit, Section 1 Quiz

Answer: Key Terms 1 - 4,
Applying Economic Concepts 5, 7
from Chapter 7, Section 1, page 154.

Answers must be in IYOW.

This assignment is to be posted on the Blackboard Discussion Board by midnight, Sunday, November 18.
Lesson 2
  • Perfect Competition
  • Cut-Throat Competition
  • Differentiation
  • Monopolistic Competition
  • Capital Investment
  • Economies of Scale
  • Research and Development
  • Elasticity
  • Advertising
  • Barriers to Entry
  • Start-Up Costs (Sunk Costs)
 Read: Chapter 7, Section 2. 

GRQ Packet:  Section 2 Guided Reading and Review, Section 2 Quiz

Answer: Key Terms 1 - 4,
Applying Economic Concepts 5, 7
from Chapter 7, Section 2, page 164.

Answers must be in IYOW.

This assignment is to be posted on the Blackboard Discussion Board by midnight, Sunday, November 18.
Lesson 3
  • Price Wars
  • Oligopoly
  • Collusion
  • Monopoly
  • Natural Monopoly
  • Non-Price Barriers
  • Non-Productive Costs
  • Price Discrimination
  • Market Power

 

 Read: Chapter 7, Section 3. 

GRQ Packet:  Section 3 Guided Reading and Review, Section 3 Quiz

Answer: Key Terms 1 - 4,
Applying Economic Concepts 7
from Chapter 7, Section 3, page 171.

Answers must be in IYOW.

This assignment is to be posted on the Blackboard Discussion Board by midnight, Sunday, November 18.
Lesson 4 Bring:  Pencil for video quiz.

Answer: Discussion Questions from "Now It's the Other Guy Who Blinked" online.

Answers must be in IYOW.

This assignment is to be posted on the Blackboard Discussion Board by midnight, Sunday, November 18.