Honors American Government / Economics

Mr. Rumpfeldt

Periods 2,3,4

andrew.rumpfeldt@browardschools.com

 

Honors Economics 2012 - 2013

Political Cartoon Sheet

Week
Chapters
Assignments
Vocabulary
1 - Scarcity
1

Economic Cartoons

return signed syllabus

Adam Smith Quiz

scarcity

opportunity cost

production posibilities

trade off

efficiency

equity

innovation

per capita

invisible hand

laissez faire

2- Opportunity Cost
2

Economic Cartoons

trade off sheet

capitalism

communism

privatized

profit

resources

capital

entrepreneur

infastructure

shortage

surplus

3 - Production Possibilities
3

Economic Cartoons

PPC Curves

copyright

patent

cartel

monopoly

oligopoly

principal

interest

elastic

equilibrium

blue chip stock

4- Supply and Demand
4,5,6

Economic Cartoons

Supply and Demand Worksheets

Test 9/18

liquidity

bear

bull

black market

externalities

diminishing

GDP

inflation

unemployment

barter

5- Market Structures
7

Economic Cartoons

market structure graphic organizer

interdependence

specialization

division of labor

market

marginal

subsidy

price ceiling

price floor

franchise

trust