Economics – 5/17/2016

I.  Bellwork:

1. Explain and illustrate with simple graphs how a change in quantity supply is similar to a change is quantity demand.
2. Explain and illustrate with simple graphs how a change in supply is similar to a change in demand.

II. Objective:

• Utilize supply schedules to express supply graphically and analyze how the Law of Supply is represented.
• Analyze and identify circumstances which lead to a change in quantity supply and a change in supply.
• Evaluate various explanations for actions or events and determine which explanation best accords with textual evidence

III.  Turn in Supply Determinant Books

IV. Classwork

• Review Supply Chart Interactive
• Application_of_Supply
• Supply White Tees– Quiz on Wednesday

V.  Supply Curve Quiz Tomorrow

VI.  Exit Ticket

Explain if there is any supply topic you are having difficulty understanding or explain a supply topic that you believe you have mastered.

Economics W2016