AGENDA 8/27

• BW-MATH MINUTES—JUST DO IT!!!!!

Math Minute 8/27—W4-1

1. (2)(3)(4) =

2. Write 4 ∗ 4 ∗ 4 ∗ 4 ∗ 4 in exponential form.

3.4+6

5=

4. Bobby thinks that 52 = 10. What is wrong

with this answer?

5. True or False? 4 + 6 ∗ 2 = 4 + 12

6. If a = 5 and b = 6, then what does ab equal?

7. Miss White wants to buy 5 value meals at

Mel’s Diner. What is a reasonable total for

her purchase? a. $25 b. $1,000 c. $100 d. $10

8. 12 snakes have how many eyes altogether?

9. 5 + (9)(6) =

10.Which of these operations should be

completed first when solving an equation?

a. × b. + c. ( ) d. ÷

Answers

1. 24

2. 45

3. 2

4. 52=25 not 10.

5. True

6. 30

7. a

8. 24

9. 59

10. c

INFORMATION/CONCERNS

• WAY TOO MANY ASSIGNMENTS WITHOUT NAME

ON THEM!!! CHECK YOUR WORK BEFORE YOU

TURN IT IN.

• MISS A DAY—CHECK HERE AT THE END OF THE

WEEK—WILL HAVE ALL THE POWERPOINTS AND

LINKS TO DOCUMENTS

HTTPS://HIGBESWORLD.WEEBLY.COM/

AGENDA 8/28

•BW—ACT PREP—EACH SLIDE IS TIMED SO YOU HAVE TO PAY ATTENTION

• FINISH SOCIAL NETWORK

• E.2 HOW DO PRODUCERS AND CONSUMERS DEAL WITH SCARCITY, OPPORTUNITY COSTS, AND TRADE OFFS?

A.

B.

C.

D.

E.

Question 1Correct as needed

E. birds’ silhouettes

Answer 1

John’s robot, Alpha, surprised him by joining

the robot’s rebellion.

A.

B.

C.

D.

Question 2Correct as needed

A. the robots’ rebellion

Answer 2

Question 3

D. $408.04

$4.04/27=.149*2727=$408.04

Answer 3

Question 4- Use table 1 to answer

F. Decreases only

Answer 4

Question 5

J. What Abshu remembered most about his years with the Masons.

Answer 5

AGENDA 8/29•N2K BELL WORK

•FINISH/DISCUSS SOCIAL NETWORK

QUESTIONS

•MARK ZUCKERBERG READING

•PRODUCTION POSSIBILITIES CURVES—

VIDEO LESSON—TAKE SOME NOTES

•EXIT TICKET

ESSENTIAL QUESTION

E.8 CREATE A PRODUCTION

POSSIBILITIES CURVE.

PROBLEMS/ISSUES

1. TALKING/SLEEPING –JUST RUDE

WHEN ME OR OTHERS ARE TRYING TO

HAVE CLASS PLEASE STOP.

2. AT NO TIME FROM BELL TO BELL CAN

YOUR PHONE BE OUT IN CLASS. I TRY

TO GIVE YOU TIME TO GET FINISHED

BEFORE THE BELL SO YOU CAN

LEAVE BUT THAT DOES NOT MEAN

YOU CAN BREAK THE RULES. IF

NEEDED WE WILL LITERALLY WORK

FROM BELL TO BELL

3. UNDER NO CIRCUMSTANCE LINE UP

AT THE DOOR STAY IN YOUR SEATS

UNTIL THE BELL RINGS—SEE ABOVE

IF THIS IS NOT THE CASE.

EXIT TICKET1. CURRENTLY BILL GATES, WARREN BUFFET AND MARK ZUCKERBERG (AND

OTHER BILLIONAIRES) HAVE PLEDGED TO GIVE AWAY TO CHARITY A MAJORITY

OF THEIR FORTUNES---IN YOUR OPINION DO BILLIONAIRES HAVE MORAL

OBLIGATION TO BE CHARITABLE MORE CHARITABLE THAN OTHERS? EXPLAIN.

2. IF YOU HAD $1 BILLION AND DECIDED TO DONATE 95% PICK 3 CHARITIES OR

ISSUES YOU WOULD CHOOSE TO GIVE TO AND EXPLAIN YOUR REASONING.

HTTPS://GIVINGPLEDGE.ORG/ABOUT.ASPX

Economics N2K’s W4 (3)-3 8/291 Textbook – pages 4 &5 “How the Economy Works” activity.

Read “What does an Entrepreneur do?” In complete

sentences, answer the two questions.

a. capital and land

b. scarcity and shortages

c. technology and productivity

d. economics and business decisions

2. Which of the following are factors of production? (E1)

1. Input any raw materials needed to make an item

2. Anodyne capable of relieving pain

3. Gadfly a persistently critical and annoying person

4. Contract legal agreement between two or more

parties

5. Incentive something that encourages greater effort;

a reward for increased productivity

6. Insidious causing harm in a way that is gradual or

not easily noticed

7. Viscous having the sticky properties of an adhesive

8. Malaise physical discomfort (as mild sickness or

depression)

9. Diminish to become gradually less as in size or

Importance

10. Reprise something (such as in a piece of music)

that is repeated

1st Nine

Weeks

Word

Wall List

Part 1

CHOICES

• DUE TO THE AMOUNT OF TALKING TRYING TO TEACH CLASS IS BECOMING

FRUSTRATING. THAT BEING SAID HOW CLASS WILL PROCEED IS UP TO YOU.

• MY PREFERENCE—OCCASIONALLY READ AND ANSWER QUESTIONS,

NOTES/VIDEOS, ACTIVITIES

• WHAT WILL HAPPEN—READ—TAKE NOTES—DO THE VOCABULARY—TAKE

QUIZZES AND TEST EACH DAY—NO GROUPS NO TALKING.

PRODUCTION POSSIBILITIES CURVE

•INTRODUCTION

HOW WILL THE PUBLIC CHOICE TO PROVIDE HEALTH CARE EFFECT WHAT

WILL BE PRODUCED? WHAT WILL BE THE COSTS? IS IT POSSIBLE TO HAVE

FREE HEALTH CARE WITHOUT FORGOING CONSUMPTION OF ANOTHER

GOOD? IN THIS LESSON, YOU WILL STUDY A POWERFUL TOOL FOR

ANALYZING DECISIONS. YOU WILL LEARN ABOUT SCARCITY, OPPORTUNITY

COST, AND EFFICIENCY--THREE OF THE MOST FUNDAMENTAL ECONOMIC

CONCEPTS.

At the end of this lesson, you will be able to plot a production

possibilities curve and calculate the opportunity cost of a choice. On a

graph, you will be able to

(1) show how an increase in an economy's technology affects the

production possibilities curve;

(2) explain efficiency using the production possibilities model; and

(3) finally, using a production possibilities curve, show which points

are attainable, efficient, and unattainable.

EXAMPLE OF PRODUCT POSSIBILITIES CURVE

ASSIGNMENT/EXIT TICKET•COMPLETE PRODUCT POSSIBILITIES CURVE

Jackie land is known for the production of Cupcakes and Robots. The following is a PPT for Jackie land:

A B C D E F G H I J

Cupcakes: 0 2 6 10 14 18 22 26 28 30

Robots: 30 28 26 22 18 14 10 6 2 0 0

a) Draw and label (each axis and each point). Put cupcakes on the Y

b) Indicate on the graph with Point K where inefficient is.

c) Indicate on graph with Point L where unattainable is

Note that points A – J indicate efficient uses of resources.

FACTOR POSSIBILITIES CURVES

NOTES

PRODUCTION POSSIBILITIES CURVE• THE CONCEPT OF OPPORTUNITY COST AND ASSOCIATED TRADEOFFS

MAY BE ILLUSTRATED WITH A PICTURE.

• PRODUCTION POSSIBILITIES CURVE – A GRAPH THAT SHOWS

ALTERNATIVE WAYS TO USE AN ECONOMY’S RESOURCES – DOES NOT

SHOW CONSUMER SATISFACTION. IT IS A MODEL OF A MACRO

ECONOMY USED TO ANALYZE THE PRODUCTION DECISIONS IN THE

ECONOMY AND THE PROBLEM OF SCARCITY.

• PRODUCTION POSSIBILITIES FRONTIER – THE LINE ON A PRODUCTION

POSSIBILITIES GRAPH THAT SHOWS THE MAXIMUM POSSIBLE OUTPUT

PRODUCTION POSSIBILITIES CURVE

• EFFICIENCY – USING RESOURCES IN SUCH A WAY AS

TO MAXIMIZE THE PRODUCTION OF GOODS AND

SERVICES

•UNDERUTILIZATION – USING FEWER RESOURCES THAN

AN ECONOMY IS CAPABLE OF USING

REASONS FOR GROWTH

• 1. ACCUMULATION OF CAPITAL

• 2. TECHNOLOGICAL ADVANCES

• 3. INCREASE IN POPULATION – IMMIGRANTS, BIRTH RATES INCREASE

• 4. AVAILABLE LAND OR IMPROVEMENTS TO LAND

REASONS FOR DECLINE

• 1. DECREASE IN POPULATION –DISEASE, CATASTROPHE, WAR, BIRTH RATES

DECLINE

• 2. LOSS OF LAND – WAR OR NATURAL DISASTER

• 3. DECREASE IN PRODUCTION DUE TO AGING POPULATION, MORE

UNEDUCATED POPULATION, LESS HEALTHY POPULATION

Production Possibilities Curve