Economics – 10/11/13

I.  Bellwork Q&A

A.  Describe a time when you purchased an item and the price was not a factor. Why wasn’t price an important factor in your decision?

B.  Describe a time when you wanted to purchase an item, but instead purchased the substitute for that item.  What factor(s) influenced your decision?

II. Objectives:

• Examine the importance of entrepreneurs in a market economy as they attempt to obtain capital and financing to support their endeavors.
• Demonstrate understanding of written, spoken, or visual information by restating, paraphrasing, summarizing, critiquing, or composing a personal response.

III.    Chapter-4-Review– Due next week Friday for Summative points

• I put some additional review materials on iLearn

IV.  Check Your Grades on Student Connect (Grades due on Thursday)

V.   Classwork- Shark Tank Season 5 Week 2 Episode or ABC – Shark Tank –

A.  Write down these questions to answer for each entrepreneur and turn them in today.

1. What is the product/service or idea being presented?
2. What is the entrepreneur asking for and what are they willing to give up?
3. What decision was made?
4. Explain your opinion on the product and deal that was or wasn’t made. 1-2 sentences

 

Economics F2013