Economics – 3/13/15

I.  Bellwork

• Explain the difference between a change in demand and a change in quantity in demand.
• Construct graphs which illustrate the difference between a change in demand and a change in quantity in demand.

II.  Objective:

• 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.   ILearn Quiz Today until Sunday (Retake on Monday until 3:30 lose 5 minutes)

IV.  Classwork:

• Shark Tank –Season 6, Episode 17

• https://youtu.be/GSxT5CvootY

Write down the questions below.  Answer the questions each entrepreneur and turn them in today.

1. What is the product/service or idea?
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 W2015