Economics – 3/23/15

1. Bellwork Q&A

• List and explain in detail 2 reasons why the supply curve would shift to the right.
• List and explain in detail 2 reasons why the supply curve would shift to the left.

II.  Objective

• 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. Retake tomorrow after school @ 2:30 (Bring 3 summary paragraphs – 1 per section)

IV.  Notebook – Supply Curve Practice

V.  Classwork

1.  Review Supply Chart Interactive
2. Application_of_Supply

VI.  Exit Ticket

A.  Explain in what ways a change in quantity supply is similar to a change is quantity demand.

B.  Explain in what ways a change in supply differs from a change in demand.

C.  Explain if there is any supply topic you are having difficulty understanding or explain a supply topic that you believe you have mastered.

Economics W2015