1 Create a Supply and Demand curve in Excel
2 Compute Average, Median, Mode and Standard Deviation in Excel
3. estimate the probability of given measurement similar to what we did in class with height today
4. Solve a business problem similar to the pancake problem
5 Define Economics
6. Know the two types of tasks done by economists
7. Know Difference between induction and deduction
8. Do a problem on use of time series to predict ( Next week we will predict
effect of bomb in bangkok on tourism)
9. Compute elasticity or demand and supply curve from calculation of slope
( Next week we will compute elasticity)
10 Learn about Marginal cost and revenue ( next Week)