Economics: Principles & Policy: Ch 2 Summary & Class Notes This download includes both a PowerPoint and PDF version. It introduces marginal costs & benefits and explains the production possibilities frontier curve. Full lesson including notes, simple definitions, examples, and graphs. Topics: • Economic Good • Opportunity Cost • Marginal-Benefit, -Cost, -Revenue • Supply Curve/Marginal Cost Curve • Demand Curve/Marginal Benefit Curve • Production Possibilities Frontier Curve (PPF/PPC) • Law of Diminishing Returns • Law of Increasing Cost

Associate Level: This documents serves as a mock exam and includes the answers to the following questions: If the economy is on a decline. Output is falling. EXPLAIN one way the executive Government can try and fix it. The economy is growing too fast. The Executive government does not want to stop the growth because elections are due in less than a year. EXPLAIN one way that this growth can be dealt with without the Executive government. If the economy is in an inflationary period what action would fiscal policy most likely take? St. Maarten has an on and off discussion about direct and in direct taxation. Select the type of taxation you think is best for St. Maarten. Defend your answer. There are three ways the government can levy taxes. Select the one you think is best and defend your answer. Outline one way in which you will encourage short term growth. Explain why this will cause growth. Explain one way you can stimulate long term growth. Explain why this will cause growth. This is the Philips curve. When Unemployment goes up inflation goes down and the opposite. Explain what is happening in the economy when the inflation goes from 2% to 8% If the taxes are raised above 30 percent the government will start to collect less. Explain why this is the case.

Associate Level: This document serves as a practice quiz and includes the answers to the following questions: What is the formula for GDP Distinguish between nominal and real GDP. Using the formula for GDP, Explain one way that a county can grow its GDP. St Lulu residents own an insurance company in Tortola. Whose GDP is it counted in? Justify your answer. Whose GNP is it counted in? Justify your answer. Politician Sabie Highfigure said that the GDP grew in leaps and bound. Media man said these politicians must stop confusing the people. He should tell the people if this is real GDP or not. What is he talking about? Explain in details. Explain how a decline in government spending could affect the Gross Domestic Product of St. Martins List three types of exchange rates South St. Martin (dutch) has a fixed exchange rate. What would be two disadvantages of switches to a floating exchange rate? Which exchange rate do you think is superior? Justify your answer If China devalue its currency what would be the impact on its economy and why?

Associate Level: This document acts as a practice quiz and includes answers to the following questions: Distinguish between balance of payment and balance of trade List three components of the balance of payments Discuss factors that could lead to a balance of payment deficient and two factors that could lead to a balance of payment surplus Which year indicates a favorable balance of trade? Distinguish between balance of trade (BOT) and terms of trade (TOT) State the difference between a balance of payments deficient and a balance of payment problem and identify three factors which could account for a balance of problem.

Economics: Principles & Policy: Ch 3 Summary & Class Notes This download includes both a PowerPoint Presentation and a Word Doc version. It includes simple definitions, examples, and graphs. Topics: Market Market Demand Supply & Demand Law of Demand Changes in Demand/Quantity Demanded Determinants of Demand Law of Supply Changes in Supply Determinants of Supply Equilibrium

Biology: Life on Earth 11th Edition Ch 9: Cell Reproduction This document includes a summary as well as class notes of Ch 9 of Biology: Life on Earth (11th Edition). It also includes important terms and definitions, graphs, and explanations. Topics: Why do Cells Divide? Hereditary Information Growth/Development Types of Reproduction Sexual/Asexual Reproduction Prokaryotic Fission DNA Replication Parent Cells Daughter Cells Nucleotides Chromosomes Parts of Chromosomes Genes Diploid Cells Haploid Cells Autosomes Sex Chromosomes Homologous Chromosomes Important Terms & Definitions Graphs Eukaryotic Cell Cycle Crossing Over Cell Division Cell Replication Interphase Mitosis Interphase Meiosis Cell Cycle Prophase Metaphase Anaphase Telophase Cytokinesis What are the functions of cell division? What occurs during the prokaryotic cell division? How is the DNA in eukaryotic chromosomes organized? What occurs during the eukaryotic cell cycle? How does mitotic cell division produce genetically identical daughter cells? How is the cell cycle controlled? How does sexual reproduction produce genetic variability? How does meiotic cell division produce genetically variable, haploid cells? How do meiosis and union of gametes produce genetically variable offspring? When do mitotic and meiotic cell division occur in the life cycles of eukaryotes?

Biology: Life on Earth 11th Edition Ch 11: Patterns of Inheritance This document includes a summary as well as class notes of Ch 11 of Biology: Life on Earth (11th Edition). It also includes important terms and definitions, graphs, and explanations. Topics: Inheritance Genes Mutations Alleles Genotype Phenotype Punnet Square Recessive Genes Dominant Genes How are sex 7 sex-linked traits inherited? How are genetic disorders inherited? What is the physical basis of inheritance? How were the principles of inheritance discovered? How are single traits inherited? How are sex and sex-linked traits inherited? Important Terms & Definitions Graphs

Economics: Principles & Policy Ch 9 Fiscal/Monetary Policy: Summary & Class Notes Word Document includes notes, simple definitions, examples, and graphs. Topics: Fiscal & Monetary Policy Government Objectives Contractionary Policy Central Bank Taxation: Direct & Indirect Tax Structures Philips Curve Demand-Pull Inflation

Economics: Principles & Policy Ch 8 The Businessc Cycle & Unemployment & Inflation: Summary & Class Notes Word Document includes notes, simple definitions, examples, and graphs. Topics: Business Cycle Stages of Business Cycle Labor Force Unemployment Types of Unemployment Costs of Unemployment Inflation Costs of Inflation Types of Inflation

Economics: Principles & Policy Ch 7 Foreign Exchange: Summary & Class Notes Word Document includes notes, simple definitions, examples, and graphs. Topics: Foreign Exchange Market Exchange Rate Currency Appreciation/Depreciation Types of Foreign Exchange Balance of Payments: Current Account, Financial Account, Capital Account

Economics: Principles & Policy Ch 4: Summary & Class Notes Word Document includes notes, simple definitions, examples, and graphs. Topics: Market Coordination 3 Fundamental Questions of Economies: What? How? For Whom? Market Economy The Invisible Hand of Competition/Market The Private Sector Circular Flow: Income & Expenditure Aggregate Demand

Economics: Principles & Policy Ch 5: Public Sector: Summary & Class Notes Word Document includes notes, simple definitions, examples, and graphs. Topics: Government in Circular Flow Technical Efficiency Economic Efficiency Types of Efficiency Market Failure Pareto Efficiency Micro/Macroeconomic Policy Budget Surplus/Deficit

Economics: Principles & Policy Ch 6: GDP/GNP Summary & Class Notes Word Document includes notes, simple definitions, examples, and graphs. Topics: Gross Domestic Product (GDP) Market Value Calculating GDP Gross Domestic Product (GDP) vs. Gross National Product (GNP) Real vs. Nominal GDP Consumer Price Index (CPI)

Biology: Life on Earth 11th Edition Ch 24: Animal Diversity: Invertebrates This document includes a summary as well as class notes of Ch 24 of Biology: Life on Earth (11th Edition). It also includes important terms and definitions, and explanations. Topics: What are the key features of animals? Which anatomical features mark branch points on the animal evolutionary tree? Animal Characteristics Radial vs. Bilateral Summetry Endoderm Ectoderm Germ Layers Body Cavities Prostostone vs. Deutorostome Development Important Terms & Definitions

Biology: Life on Earth 11th Edition Ch 25: Animal Diversity: Vertebrates & Ch 26: Animal Behavior This document includes a summary as well as class notes of Ch 25 & 26 of Biology: Life on Earth (11th Edition). It also includes important terms and definitions, and explanations. Topics: What are the key features of chordates? 4 Structures of Chordates What animals are chordates? Important Terms & Definitions How do innate and learned behaviors differ? Types of Learning Types of Behavior How do animals communicate? How do animals compete for resources? How do animals find mates? Why do animals play?

Biology: Life on Earth 11th Edition Ch 4: Cell Structure & Function This document includes a summary as well as class notes of Ch 4 of Biology: Life on Earth (11th Edition). It also includes important terms and definitions, graphs, and explanations. Topics: Cells Cell Theory Cell Funtions Parts of Cells Types of Cells Plasma Membrane Cytoplasm DNA RNA Types of Cells Prokaryotic Cells Cell Complexity Eukaryotic Cells Major Features of Cells Organelles Cell Wall Cytoskeleton Cilia & Flagella Nucleus Endomembrane System Others Parts of Cells & Their Functions Golgi Apparatus Vacuole Mitochondria Membranes Chloroplasts Important Terms & Definitions Graphs

Biology: Life on Earth 11th Edition Ch 1: Life Explained This document includes a summary as well as class notes of Ch 1 of Biology: Life on Earth (11th Edition). It also includes important terms and definitions, graphs, and explanations. Topics: Characteristics of life Complexity, Energy, Growth, Reproduction, Evolution, Stimuli What is life? Organisms, Domains, Eukarya Natural Selection What is evolution? How do scientists study life? Biological Classifications Kingdoms, Domains Binomial System Genus, Species What is science? Scientific Method Introduction to Important Terms & Definitions Adaptations, Molecules, Tissues, Organs, etc. Graphs

Document includes Biology: Life on Earth Ch 10 Glossary

Biology: Life on Earth 11th Edition Ch 14: Biotechnology notes

Document serves as a summary as well as class notes on Chapter 1 of Economics: Principles & Policy. Full lesson including notes, simple definitions, examples, and graphs. Topics: Definition of Economics Positive Economics Normative Economics Economic Bad/Economic Good Resources Opportunity Cost Free Good Factors of Production Renewable/Nonrenewable Resources Micro/Macroeconomics Graphical Analysis in Economics