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
- Demand and Elasticity Worksheet First Page Only
VI. Chapter-4-Review– Due Thursday for Summative points
- Thursday Chapter 4 Test
VII. Test Thursday :
B. Your iLearn Quiz
C. Your Notes:
- Change in Quantity Demand & Change in Demand-1
- Brace Map Change in Quantity Demand
- Determinants of Demand
- Demand Schedule & Demand Curve – Figure 4.1 (Notebook)
- Elasticity Test
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