Economics – 5/09/2016

I.  Bellwork

  • Page 113 #26 (Draw the graphs & place arrows demonstrating what will happen to each)

II.  Objective:

  • Model, review and discuss concepts and principles relating to changes in demand, quantity demand, and demand elasticity
  • Evaluate various explanations for actions or events and determine which explanation best accords with with the situation relating to changes in demand, quantity demand, and demand elasticity

III.   Discussion

IV.  Notebook:  Total Revenue Test – Brace Map

V.  Classwork

  • Page 109 #5-8

VI.  Chapter-4-Review– Due Thursday for Summative points

  • Thursday Chapter 4 Test

 VII.  Test Thursday :

A.  Demand Curve Flash Cards

B.  Your iLearn Quiz

C.  Your Notes:

  1. Change in Quantity Demand & Change in Demand-1
  2. Brace Map Change in Quantity Demand
  3. Determinants of Demand
  4. Demand Schedule & Demand Curve – Figure 4.1 (Notebook)
  5. Elasticity Test


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