AP Macro Project

Yes, we did the AP exam and dim sum (not Rebecca).

Now we have some extra time, we will do a project.

I just borrowed some project ideas from University of California.
http://jasonleeucdavis.weebly.com/uploads/2/9/3/6/2936139/macroeconomics_data_project_summer_10.pdf

Since we are just high school students, we will do 3 out of 6.
I really like #4, so let's all do that one and you can pick the other 2. If you like, you can change U.S. to Canada to make it more relevant to us. We will have presentation of your findings/graphs/analysis when we are done.

Everything You Need to Know Lesson

Today we have a summary class and I gave you a package of all the available AP Written Sections from 2003-2010. I gave you the 2006 and 2007 exams before.

Natalie will go through 2007 exam with the class on Wednesday.
For Thursday (badminton game) and the weekend just study for the multiple choices.
Monday MC test in class.
Tuesday Nick will do 2009 exam.
Wednesday Rebecca will do the 2008 exam.


Watch this video 10 times:
AP Macroeconomic Exam - Every Graph You Need to Know for the Exam
http://www.youtube.com/watch?v=YOMbRCywqCs
(Laffer curve and Lorenz curve are not in the exam)

Another summary website:
http://www.mrmedico.info/apmacroeconomics.htm

AP Exam Prep

The AP Exam is next week Thursday! It is so exciting!

Our mind should focus on the exam now. First read p.15-31 of the book to understand strategies to do well on the exam.

Then do the diagnostic test on p.35 to see which areas you need to brush up for the exam. When you are ready, do the real Practice Test at the end of the book (p.259).

The remainder of the week, practice written section.
We will have a test next Monday.

We will have lesson tomorrow in the lab. Make sure you are there.

Spirit Week Apr 26 Exchange Rate

Today will be the last day of lesson in AP Econ! Then we will switch gear and prepare for the AP Exam on the 12th. (we still have some time)

Today's topic is Exchange Rate
1) watch video "Exchange Rate"
http://www.youtube.com/watch?v=xwtgByffoUw

2) another video "Current Account Deficits and Exchange Rates"
http://www.youtube.com/watch?v=yCjwXz7ZXwU

3) 2 worksheet
05_exchange_rates
06_how_monetary fiscal_policies_affect_exchange_rates

enjoy!!

Apr 21 - Free Trade and Protectionism

Let's watch the next set of video:
1) Why do countries restrict trade?
http://www.youtube.com/watch?v=Y2X3KPilAt0

2) Quota and Protectionism
http://www.youtube.com/watch?v=EWvs1GCGAMk

3) Tariffs
http://www.youtube.com/watch?v=dSQTbd2iJtY

4) Free Trade
http://www.youtube.com/watch?v=GCnrd7NW9r8


And do the following worksheet:
03_barrier_to_trade

Apr 20 - Chapter 9

This is our last chapter!

After we finish this chapter, we will start preparing for the AP Exam.

3 concepts in this chapter: comparative advantage, international trade, and foreign exchange.

Read the book for comparative advantage then watch the following video:
1)Absolute and Comparative Advantage
http://www.youtube.com/watch?v=Pd_qs8ueIWw

2)Comparative Advantage and Trade
http://www.youtube.com/watch?v=38hvvAzgXZY

Copy all document in R://AP Economics/Chapter 9

3) Do the following worksheet:
01_determining_comparative_advantage
02_economic_efficieny_gain_from_trade

Have fun.

Week 7 Apr 4-8

We have 3 more chapters to go. Let's start Chapter 7. Make sure you understand what you are reading and memorize some of the key concepts.

After you read about inflation, watch this video: http://www.youtube.com/watch?v=cHwYX_j3zuc

After you read about fiscal policy and stabilization policy, watch this video: http://www.youtube.com/watch?v=hhQygVx6V5M

Have fun.