Micro Unit One:  Chapters 1-3   

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Micro Unit One Notes

 Day 1: Monday 8/13
               
Intro/Syllabus

 Day 2: Tuesday 8/14 
               
Assign Books 
               
Definitions from Chapter 1 (overheads) 
               
Go over Visual 1.1

                                HW: Read Chapter 1 for Day 3 
                               
Q: p. 16 Questions for Review #'s 2,5 and 6    Prob and App #'s 4 and 5 for day 4

 Day 3: Wednesday 8/15
               
Cover Lesson 2 (See notes)  Visual 1.2  

                                HW:  Read Chapter 2 pp 19-30 and 32-33 for Day 4  
                               
Act 2 for Day 5  
                               
Read pp 38-46 for Day 5  
                               
Assign p. 36-37  Ques for Review #4 and 7    Prob and Prac #6

Day 4: Thursday 8/16
               
Implicit Costs, Explicit Costs, Marginal (See p.15 of workbook)  
                Broad social goals of economics systems
               
Act 3 for day 5
               
Act 7 for day 6

Day 5: Friday 8/17
               
Read pp 47-58 for Day 6 
              
Complete any unfinished work

Day 6: Monday 8/20
               
Discuss statement that anything worth doing is not worth doing correctly. 
                
Unit 3.  (Should have gotten most of this in their reading.)
                                
Act 4 (in groups if have time) for Day 8 
                                
Act. 6  for Day 8

                Go over Unit 4:  Absolute and Comparative Advantage

Day 7: Tuesday 8/21
              
Command, Traditional and Market economy 
              
Cover circular Flow 
                               
Act 5 for Day 8  

Day 8: Wednesday 8/22
             
Review and finish any unanswered questions.
              Act. 8 in class for day 9

Day 9: Thursday 8/23
               
Extra day build in for first two weeks of homerooms and other interruptions.

MC TEST ON Friday 8/24