Practice pp fs and travistan

Bellringer on your “white board”1. Give an example of each factor of production if I want to make a pencil

2. How do we show opportunity cost on a graph?

Why are numbers important in economics class?

• “This is not a math class” – Marina Padilla

How do we show opportunity cost on a graph?

How do we show opportunity cost on a graph?

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Production Possibility Practice


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In your groups• You are members of the

financial ministry of the country of Travistan

• Create a budget for FY 2014• Smog level 100 million particles per square inch Reducing pollution would

increase tourism and create thousands of new jobs

Travistan

Practice pp fs and travistan

Technology

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