Make a post on THIS comment (theres a button right below these words) in which you describe two goods that are ELASTIC to you and two goods that are INELASTIC to you.
Each good must have at least a one sentence explanation of why it is elastic/inelastic and the description should have a solid grounding in economic language. No post can repeat the items of a previous post so post EARLY.
My examples:
Videogames are an inelastic good to me because I need them, and there are definitely no close substitutes for Halo or Metal Gear Solid.
Deadorant is elastic in my opinion because I can make it through the day without it and if it comes to it I can always just wear an undershirt.
Have fun with these and be creative! One point extra credit if I lol.
Wednesday, January 28, 2009
Monday, January 5, 2009
Class Websites
Both of these websites have the powerpoints that will be used in class as well as practice quizzes, questions and other supplemental resources:
Thursday, January 1, 2009
Welcome!
This is the class website for Mr. Leagans 6th Period AP Macroeconomics class. Homework assignments, discussion topics and class schedules will be posted regularly at this address.
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