Economics – 5/05/2016
I. Bellwork: Q&A
- What is the movement shown in this graph called?
- List and explain 3 factors that could result in the movement shown in the graph.
II. Objective:
- Identify factors that influence the size of a change in the quantity demanded (elasticity)
- Integrate and evaluate multiple sources of information presented in diverse formats in order to determine the impact on demand and/or quantity demand.
III. Notebook Work- Brace Map
- Brace Map Change in Quantity Demand (Income & Substitution Effect)
- Change in Quantity Demand & Change in Demand-1
IV. Discussion
- Identify determinants of demand & their impact
- Demand Curve Interactive
- Demand-Shift-Worksheet
- Critical Thinking 4-2
V. Classwork:
- Page 97 Vocabulary (6)
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