| Consumer Choice |
| (8-12% of the AP Exam; 5-10 Days) |
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| A. |
Consumer Choice |
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1. |
Elasticity |
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2. |
Marginal Utility |
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| B. |
Market Failures |
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1. |
Public Goods |
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2. |
Distribution of Income |
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3. |
Externalities |
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| C.. |
Government Response |
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1. |
Ceilings and Floors |
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2. |
Taxes and Subsidies |
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The Worldly Philosophers
- Heilbroner
*Chapter VI*
The Inexorable System of Karl Marx
The Nirvana Wars
The Economics of Sharing
Greed is Bad
Business |
Economics U$A #21
Economics U$A #26
|
10/15
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HOMEWORK DUE
- study guide chapter 4, pp. 33-43
- study guide chapter 5, pp. 45-56
- study guide chapter 11 Handout Packet
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