Economics – 3/13/12
I. Bellwork Q&A:
- List the 3 determinants of demand elasticity.
- Provide 2 examples of an inelastic product/service. (Be specific)
II. Objective:
- Identify factors that influence the size of a change in the quantity demanded (elasticity).
- Review for Chapter 4 Test
III. Discussion
- Short video on Demand Elasticity
- Elasticity Examples
IV. Notebook- Tree Map: Elasticity
V. Classwork: Page 112
- Review the Main Ideas 17-24 Q&A
VI. Exam on Tomorrow
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