Economics – 3/26/13
I. Bellwork:
- List and Explain, using examples, 2 examples why the supply curve would shift to the right.
- List and Explain, using examples, 2 examples why the supply curve would shift to the left.
II. Objective
- Express supply graphically and analyze how the Law of Supply is represented on the supply curve.
- Utilize supply schedules to express supply graphically and analyze how the Law of Supply is represented.
- Create and identify circumstances which lead to a change in quantity supply and a change in supply.
- Integrate and evaluate multiple sources of information presented in diverse formats and media in order to determine how supply and quantity supply are influenced
III. Notebook Work
- Illustrate a change in quantity supplied and explain what causes it
- Illustrate an increase in supply and explain what causes it
- Illustrate a decrease in supply and explain what causes it
IV. Discussion and Application:
B. Individual and market Supply Curves: EPP_p119
V. Classwork
VI. Supply Curve Graph Quiz Tomorrow
VII. Online Quiz– iLearn Section 5-1– Up until 11:00 pm Wednesday
- Review Supply Chart Interactive
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