Aim: Why do
economists call the demand curve one of the main "tools" of their
profession?
Bell Ringer:
Journal 72 – Describe the difference between elastic demand and
inelastic demand. P. 104
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)
2. Profiles
in Economics (p. 102) (10 min) - to be completed behind the NTG.
3. Complete
Concept Map and Business Organization note-taking guide presentations. (rest of
class)
4. Have
students complete the note-taking guide as each group presents their designated
topic.
Home
Learning:
1. Review
NTG and Concept Map to review for the test.
2. Building
Wealth pages 8 and 9
3. Read
page110-111 to prepare for tomorrow's test. (Change in Demand in particular)
No comments:
Post a Comment