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Scarcity and the PPC- Illustrating Decisions and Marginal Analysis.
Key Content based on Module #3 p. 16-22Economics: science of decisions based on scarcity https://corporatefinanceinstitute.com/resources/knowledge/economics/scarcity/Scarcity= unlimited needs and wants + limited resources4 Basic Questions: What to produce, how to produce, how much to produce and how to distributeClass Power PointsClass Notes and ActivitiesFormer AP Free Response Exam Questions2018- Question #32011- Question #3Helpful WebsitesProduction Possibility Curve in 60 Seconds- A Flipped Lessonhttp://www.youtube.com/watch?v=SJQ56vJoy3Y&safety_mode=true&persist_safety_mode=1&safe=active Production Possibility Curve in 60 secondsA More Academic and Low Key Approach- A Flipped Lesson
Last Modified on October 29, 2020