due feb 15 - hw #3

you were given a double sided worksheet in class --

one side says "economics skills lab - plotting demand curves"
the other side says "demand curve assignment"

complete both sides

 due february 15th

due feb 7 - hw #2

using your notes, fill in this worksheet.

factors of production worksheet

due february 7, 2011

remember:

• Land represents all natural resources, such as timber and gold, used in the production of a good.
• Labor is all of the work that laborers and workers perform at all levels of an organization, except for the entrepreneur.
• The capital is all of the tools and machinery used to produce a good or service.
• The entrepreneur is the individual who takes an idea and attempts to make an economic profit from it by combining all other factors of production. The entrepreneur also takes on all of the risks and rewards of the business.

also,

1. remember to set up a gmail account and send and email to vmboda@gmail.com with your name as the subject line.
2. finish your step by step description of how a tree becomes a piece of paper, making sure to explain it in terms of factors of production.

due feb 4 - "homework"

what are the three factors of production?

due february 4, 2011

feb 3 - reading check

ten principles of economics

1. what is scarcity?
2. what is economics?
3. what three things do economists study?

on february 3, 2011

due feb 3 - hw #1

download this document.

ten principles of economics reading

read and highlight the important information.
(you need to be the judge of what the important information is.)


due february 3, 2011