Economics – 11/07/12
I. Bellwork – Read and Develop a stance
- Supreme Court Rejects Rent Control Challenge
- Based upon the article, explain if rent controls should be abolished or if they are necessary. 1-paragraph
II. Objective
- Produce a clear and coherent writing appropriate to task, purpose, and audience.
- Analyze the impact of a change in public policy (price ceilings and price floors) on consumers, producers, workers, savers, and investors.
III. Clip on Price Ceilings/Price Floors
IV. Discussion – Pgs. 156-161 Social Goals & Market Efficiency
V. Notebook work-Mapping
- Price Controls- Bridge Map
- Agricultural Price Supports- Circle Map
VI. Classwork
- Page 156 Vocabulary (8)
- Page 161 #2-7 Q&A
VII. Chapter 6 Test Friday
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