Thursday, November 2, 2017

E: Lesson on Thursday, November 2, 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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