Economics – 10/31/12
I. Bellwork
- List 3 goods or services you have recently purchased.
- For each, explain how price may have influenced your decision regarding the items you purchased.
II. Objective
- Analyze how prices send signals and provide incentives to buyers and sellers in a competitive market.
III. Discussion: Prices as Signal Pages 142-146
Videos – Rationing
- https://www.tes.co.uk/article.aspx?storyCode=6109398
- https://www.newsnet5.com/dpp/news/local_news/video-vault-gas-lines-and-gas-shortages
IV. Notebook Work–
- Section 6-1 Notes from iLearn
- Economics- Critical Thinking Activity 6
V. Classwork
- Page 143 Vocabulary (6)
- Page 146 Q&A 2-7
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