Economics – 11/16/2015
I. Bellwork – Q&A
A. Who do you believe is impacted the most by rationing, suppliers or consumers? Support your claim.
B. Present and provide support for the counter argument.
II. Objective
- Analyze how prices change through the interaction of buyers and sellers in a market including the role of supply, demand, equilibrium, shortages, and surpluses.
- Develop claim(s) and counterclaims fairly and thoroughly, supplying the most relevant evidence for each
- Integrate and evaluate multiple sources of information presented in diverse formats in order to address a question or solve a problem.
III. Discussion & Notebook Activity
- Price & Rationing – Brace maps from yesterday
- Under what two conditions is rationing an acceptable
- Equilibrium Video
- Equilibrium Exercise
IV. Classwork
A. Additional Equilibrium problem
B. 148 Vocabulary (6)
C. 154 2-7 Q&A
Leave a Reply