• Graphs must be completely, thoroughly, and perfectly labeled. No exceptions.
• You may use your textbook or other resources to help you draw quality graphs.
• REMINDERS FOR GRAPHING:
• -Title the graph on the top and middle of the field
• -Label the X & Y axis clearly
• -Label every curve at the RIGHT end of the line
• -Label ALL intersections with a dashed line
• -Label ALL intersections on the X & Y axis with appropriate symbols (i.e. P & Q)
• -When shifting a curve, use an arrow to show the change in the field and on the axes
• -When the values on either or both axes change, use a subscript to show values changing (i.e. P1 & P2)
• -Use lined notebook paper, dark blue and/or black ink pens, follow the "Post-It" note rule (all graphs larger than what would fit on a standard Post-It note)
• Unit 1: Basic Economic Concepts
• 1. PPC model of consumer and capital goods showing an inefficient use of resources.
• 2. PPC model of consumer and capital goods showing an efficient use of resources.
• 3. PPC model of consumer and capital goods showing a point beyond current possibilities.
• 4. PPC model of consumer and capital goods showing growth in production possibilities.
• 5. PPC model of consumer and capital goods showing a reduction in production possibilities.
• 6. S & D model showing equilibrium P & Q.
• 7. S & D model with an increase in Supply and showing equilibrium P & Q (old and new).
• 8. S & D model with a decrease in Supply and showing equilibrium P & Q (old and new).
• 9. S & D model with an increase in Demand and showing equilibrium P & Q (old and new).
• 10. S & D model with a decrease in Demand and showing equilibrium P & Q (old and new).