HONORS ECONOMICS WEEK 14
11/26/07-11/30/07

CLASS

 Monday 11/26
Schedule		 Tuesday 11/27
Schedule		 Wednesday 11/28
Schedule		 Thursday 11/29
Schedule		 Friday 11/30
Schedule
F X Lesson 1 Lesson 2 Lesson 3 X
G Lesson 1 X Lesson 2 Lesson 3 Lesson 4
H Lesson 1 Lesson 2 x Lesson 3 Lesson 4
CHAPTER 5 and 6 CONCEPTS AND VOCABULARY

CONSUMER PRICE INDEX
INFLATION RATE
PRODUCER PRICE INDEX
GDP DEFLATOR
NOMINAL

 REAL
INDEXING
LABOR FORCE
UNEMPLOYMENT RATE
NATURAL RATE

FRICTIONAL RATE
STRUCTURAL RATE
CYCLICAL RATE
DISCOURAGED WORKER
MINIMUM WAGE
LESSON IN CLASS HOMEWORK
Lesson 1
  • Review Unit Test
 Read:  Text, Chapter 6, pp. 111-118
Focus on pp. 112-115
Lesson 2
  • Real versus Nominal
  • Market Baskets
  • Consumer Price Index
  • Producer Price Index
  • GDP deflator

Bring:  Pencil for worksheet.

 
Lesson 3
  • Unemployment Rate
  • Frictional Unemployment
  • Cyclical Unemployment
  • Okun's Law
  • Structural Unemployment
  • Discouraged Workers

Bring:  Pencil for worksheet/quiz.

Read:  Text, Chapter 10, pp. 191-199
Focus on pp. 192-194

QFR:  # 1, 3, pg. 213

PAA:  # 1, 5, pp. 213-214

All answers must be IYOW.

These assignments are to be posted on the appropriate Blackboard Discussion Board  by midnight Sunday, December 2.
Lesson 4 Bring:  Pencil for worksheet/quiz.