Economics – 11/23/2015

I.   Bellwork::    Supreme Court Rejects Rent Control Challenge

1. Explain the reasoning used by those against rent control.
2. Explain the reasoning used by those supporting rent control.
3. What factors did the Supreme Court take into consideration and what was the basis for their decision?  Do you agree?  Explain.

II.  Objectives:

• Analyze and provide examples of how price controls are practiced and their impact.
• Identify the impact resulting from changes in Demand and Supply on equilibrium Price and Quantity
• Integrate and evaluate various graphic models in order to address a question or solve a problem.

III.  Classwork

A.   Review & Discuss Chapter 6 Concepts

• Chapter 6 Review Sheet due tomorrow

IV.  Learning-Targets-Chapter 6

V.   Chapter 6 Test Tomorrow

VI.   Exit ticket:

• Some concepts from Ch 6 that I am confident I know and can apply include:………
• Some concepts from Ch 6 that I still need to review include:…………….
• I can prepare for the test by:……….

 

Economics F2015