Economics – 3/30/11

I.  Bellwork Q&A

  • Economics Analysis Pages 149, 150, and 152

II. Objective

  • Analyze how prices change through the interaction of buyers and sellers in a market including the role of supply, demand, equilibrium, price ceiling, and price floors.

III.   Classwork

Real World Economics – Simple Supply and Demand

Review of Supply/Demand/Equilibrium/Shortage& Surplus

IV.  6-2 Quiz – Graphing Supply and Demand


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