Week+by+week+guide

Discussion: Is perfect competition more desirable than monopolistic competition?
 * 21st March to 25th March (Week 2) **
 * MONDAY **
 * Go through all relevant diagrams on monopolistic competition worksheet **

TUESDAY Go through test corrections. Start discussion on characteristics/assumptions of oligopoly

THURSDAY Practise drawing and interpreting relevant diagrams of oligopoly.

FRIDAY Start discussion on types of price discrimination & necessary conditions for the practice IBCC CH 12 P126-131

MONDAY Contestable markets IBCC Ch12 p 131-132 "How contestable is the market for holiday and leisure travel?
 * 28th March 2011 to 1st April 2011 (Week 1)**

TUESDAY Practise pastyear paper essay questions on market structure

THURSDAY Measuring national income circular flow of income, distinction between GDP and GDP per capita transfer payments

FRIDAY Parent Teacher Student Conference

Monday P3 Review market structure C8-12 Introducing nation income
 * April 4 2011 to April 8 2011 (Week 2)**

Tuesday - Enjoy your holiday with family and friends

Thursday P6 Group presentation of circular flow of income, injections and leakages/withdrawals, national income accounting & limitations and uses of national income statistics

Friday P2 & P3 Group presentation of HDI, HPI and other economic development indicators

Enjoy your new environment & put your learner profile qualities and attitudes into action!!
 * Week ending 15 April (Project Week)**

Monday P3 Revise market structure and go through MCQ on market structure and quiz on national income
 * Week ending 22 April (Week 1)**

Tuesday P3 Open book test on oligopoly and go through definition, explanation and evaluation questions on past year Paper 3 data response question

Thurs - Enjoy Sports Day!!

Fri - Enjoy Good Friday & your well-deserved Easter break!!

Tuesday P3 Remaining groups to present economic development indicators &/or AD/AS Model (Chapter 16)
 * Week ending May 6 (Week 2)**

Thursday P6 AD/AS shifts & LRAS - diagram practice Discuss multiplier & accelerator Read Chapter 17Unemployment - introduce terminology, types of unemployment and solutions

Friday P2&P3 Review key concepts Discuss/Debate on costs of unemployment to individuals and the economy

Monday P3 Define inflation and related terminology and identify/explain types of inflation Define deflation and discuss its effects on the economy Discuss effects of cost-push and demand-pull inflation
 * Week ending May 13 (Week 1)**

Tuesday - Enjoy your holiday with family and friends!

Thurs P6 Practise Inflation diagrams and debate

Fri P2&P3 Practise past year exam paper/questions on evaluation type questions Start collecting macro-economic data for chosen country portfolio

Monday P3 Review inflation & unemployment
 * Week ending May 20 (Week 2)**

Tuesday Research and discuss Philips Curve, Lorenz curve, Laffer Curve & Gini coefficient

Thurs P6 Practise past year exam question. Review expansionary, reflationary fiscal policies & contractionary,recessionary fiscal policies

Fri P 2 & P3 Review Monetarist and Keynesian LRAS, inflationary & deflationary gaps, government budge deficits & Surplus Read about distribution of income, direct & indirect taxes for next lesson.

Monday P3 Revision Section 3 topics Practise drawing relevant diagrams & past year exam questions on demand-side & supply side policies
 * Week ending May 27 (Week 1)**

Tues Revision Section 2 topics Practise drawing relevant diagrams & past year exam questions

Thurs P6 Revision Section 3 topics Practise drawing relevant diagrams & past year exam questions

Fri P 2 & 3 Revision Section 1 topics


 * Week ending June 3** ( Summative Assessment Week - TAKE CARE & STUDY HARD)

Monday - Enjoy your holiday with friends & family
 * Week ending June 10 (Week 2)**

Tuesday - Go through exam corrections & prepare for group presentation on Lorenz Curve, Gini Coefficient & Laffer Curve

Thursday Go through exam corrections & comment on group presentations.

Friday Meet in Rm 822b to look for articles on Section 3 for 2nd article commentary (IA). Discuss with teacher and work on feedback.


 * Week ending June 17 (Week 1)**