Economics – 10/15/14
I. Bellwork Q&A:
- List the 3 determinants of demand elasticity.
Draw and label:
- An inelastic demand curve
- An elastic demand curve
II. Objective:
- Identify and analyze factors that influence demand elasticity.
- Review and discuss concepts and principles relating to demand.
- Integrate and evaluate multiple sources of information presented in diverse formats in order to determine demand elasticity or inelasticity.
III. Discussion
IV. Notebook Graphs (2)
- Total Revenue Test – Brace Map
V. Classwork:
VI. Chapter-4-Review– Due Friday for Summative points
- Test this Friday
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