Thursday, May 4, 2017

Lesson on Thursday, May 4, 2017

Aim: If prices act as "signals," do we all react to the signals in exactly the same way?  

 Bell Ringer: Review Chapter 6 Assessment “Review Content Vocabulary”

Objectives:
1.    Students will explain ways firms engage in price and nonprice competition.  
2.    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. Complete 'Price & Decision Making' Concept Map and Note-taking guide presentations. (rest of class)
3. Have students complete the note-taking guide as each group presents their designated topic.


Home Learning: Chapter 6 Assessment "Review Academic Vocabulary"

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