Economics – 10/22/13

I.  Bellwork:

• Economic Analysis Page 118, 119 & 120 Q&A

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:   

A.  Supply Video

B.  Application_of_Supply

C.  Review Supply Chart Interactive

D.  Individual and market Supply Curves: EPP_p119

V.  Supply Curve Graph Quiz Thursday

VI. Online Quiz– iLearn Section 5-1– Up until 6:00 pm Thursday

 

Economics F2013