Economics – 10/15/2015

I.  Bellwork: Q&A

  • Page 97 – Companies in the News
  1. What are some of the changes McDonald’s has made ?
  2. How do you believe the changes have impacted their business?
  3. What else do you believe McDonald’s can do to increase demand? Explain.

II.  Objective

  • Explain the difference between a change in demand and a change in quantity demand
  • Identify and examine factors that cause a change in demand
  • Determine the meaning of words and phrases as they are used in a text

III. Discuss: 4-2 Factors Affecting Demand pages 97-101

IV.  Notebook Work: (This is on your next iLearn Quiz)

  • Change in Quantity Demand & Change in Demand (illustration & discussion)
  • Tree Map:  Determinants of Demand (Copy and Complete)  Determinants of Demand

V. Demand Curve Quiz

VI.  4th & 6th hours turn in notebooks


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