Aim: What is
supply?
Bell Ringer: Review
Demand Test
Objectives:
1. Students will define supply, demand, quantity supplied, and
quantity demanded; graphically illustrate situations that would cause changes
in each, and demonstrate how the equilibrium price of a product is
determined by the interaction of supply and demand in the market place.
Agenda:
1.Bell Ringer (10 min)
3.Journal 73 – What are the three factors of supply as described in the YouTube
video. (10 min)
4.Have students complete the note-taking guide (Supply) using their textbook (McGraw-Hill Economics Principles and Practices
pp. 116-141), online resources, or class notes as appropriate.
Teachers may want to guide students through completing the notes, have students
work in small groups, or independently. (rest of class)
Home Learning: Complete your section of the NTG
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