Jun 02

Economics – 6/02/17

I.  Bellwork  – Q&A

  1.   Who do you believe is impacted the most by rationing, suppliers or consumers?  Support your claim.
  2.   Present and provide support for the counter argument.

II.  Objective

  • Analyze how prices change through the interaction of buyers and sellers in a market including the role of supply, demand, equilibrium, shortages, and surpluses.
  • Develop claim(s) and counterclaims fairly and thoroughly, supplying the most relevant evidence for each
  • Integrate and evaluate multiple sources of information presented in diverse formats in order to address a question or solve a problem.

III.  Discussion & Notebook Activity

IV.  Classwork

  1. Additional Equilibrium problem
  2. 148 Vocabulary (6)
  3. 154 2-7 Q&A