Tues & Wed, Feb 28-29

Economics
1. 7-Minute Reading: IPhones Again!
A. What are "operating margins?"

B. "AT&T is basically subsidizing Apple's revenues and profit growth." Explain this quote.
C. How much do wireless companies buy IPhones from Apple for? How much do they sell them for?
D. What are wireless companies trying to do to get consumers to buy non-Apple smartphones?

2. PPT Review
3. Multiple Choice Review
4. Inside Job

AP World History
--> Handout: Comparing North and South American Revolutions
1. Mexico versus Argentina (Venn Diagram)
2. More PPT
3. Introducing DBQs

Monday, Feb 27

Economics
1. 7-Minute Reading: The Economics of Gay Marriage

A. List some of the rights that federal law bestows on legally married couples.
B. How does the Defense of Marriage Act of 1996 define "marriage?"
C. What is the author's proposal to bring financial fairness to heteros and same-sex couples?
D. Opinion: Do you agree or disagree with his proposal? Explain.

2. Circular Flow Model
3. Start Reviewing: PPT (MC handout on Tues/Wed)

AP World
1. TEST Corrections
2. Start Chp 25 PPT
--> DBQ Coming Up on Wed!!!

Thurs & Fri, Feb 23-24

Economics
--> Periods 0 & 5:
Bush's Modified Capitalism Speech
A. What was the problem? (what caused the economic downfall?)
B. What actions did Bush take?
C. What would happen if he didn’t take these actions?

--> Elizabeth Warren on Stephen Colbert
-What do they say about:
*TARP $$$--how much has been paid back? (as of May 2010)
*Consumer Protection Agency--why is this needed?

1. 7-Minute Reading: Economics Made Easy

A. What will a company have to do if it raises your pay without becoming more efficient?
B. What does the example of Bain Capital and your brother-in-law tell us (2nd to last paragraph on front)?
C. “So whereas some efficiency is good, more efficiency may NOT be better.”—explain this with examples of credit cards & mortgage securities

2. PPT: Externalities
3. Handout Notes: The Government in the US Marketplace
3. Inside Job
--> 7-Things that Shimmer (what was significant from Part I?)
AP World
--> Quick Read: White Man's Burden
1. Finish Chapter 24 PPT
2. Chapter 24 TEST
3. Quick Read: Latin America Revolution

Tues & Wed, Feb 21-22

Economics
--> Quick Review:

A. Compare & Contrast Socialism (or Democratic Socialism) and Laissez-Faire Capitalism?

B. US is a mixed economy (or regulated capitalism): Give some examples of Socialism in the United States.

1. 7-Minute Reading: Smoking & Plastic Bags (see handout)

A. Would you agree or disagree with a plastic shopping bag ban + a 10-cent fee for paper bags? Explain.

B. Describe how the plastic shopping bag ban in unincorporated areas of LA illustrates the economic concepts of competition and incentive.

2. PPT: US as Regulated Market Economy
3. Bush's Modified Capitalism Speech

A. What was the problem? (what caused the economic downfall?)
B. What actions did Bush take?
C. What would happen if he didn’t take these actions?

AP World
1. Chp 23 TEST Corrections
2. Quick Read
3. Chapter 24 PPT

Wed/Thurs, Feb 15-16

Economics: Periods 0,2,5
1. Chapters 1 & 2 QUIZ
2. 7-Minute Reading: Free Market Baby Making
3. Finish Smith vs. Marx PPT
4. Marx vs. Smith Worksheet
5. Formative Assessment: Multiple Choice Chapters 1 & 2

AP World: Periods 1 & 3
1. Finish Chapter 23 PPT
2. Chapter 23 TEST

Mon/Tues, Feb 13-14

Econ: Per 0,2 & 5
1. 7-Minute Reading: A Short History of Capitalism (Handout: Adbusters, Fall 2011)

A. What two discoveries led to an increase in trade in the 14th century Mediterranean?
B. What was the Florentine Renaissance?
C. What “problem” led to banking?
D. What is fractional reserve banking?
E. Initially, enormous amounts of new wealth were created by colonialism, slavery and the harnessing of fossil fuels. How do people make large amounts of wealth today?

2. PPT: Marginality, Law of Diminishing Marginal Utility & Marx/Smith

AP World
1. Quick Read: Napolean
2. Chp 22 Test Corrections
3. Start Chp 23 PPT

Thurs & Fri, Feb 8-9

Periods 0,2 & 5

1. 7-Minute Reading: Video On-Demand

2. Read Chapters 1 & 2--focus on bold words and differences between Smith and Marx (QUIZ on Wed/Thurs next week)

AP World
1. Chapter 22 TEST

Tues & Wed, Feb 7-8

Economics
1. 7-Minute Reading: IPhones, Part II

A. Describe the conditions at Foxconn City
B. Where else in the world does Foxconn have factories?
C. What parts of the IPhone are "uniquely American?"
D. How much more would IPhones cost if they were manufactured in the US?
E. YOUR opinion: Do you think the American government should do anything about companies like Apple who have earned much of their profits from outsourcing? Explain.

--> Stewart on Apple & Chinese Labor

2. Economics 101 PPT
3. Production Possibilities Solmon Video

AP World
1. Chapter 22 PPT and exercises