Economics – 10/11/16

I.   Bellwork: Q&A

  • What is on the x axis of a demand curve graph?
  • What is on the y axis of a demand curve graph?
  • Explain why the demand curve slopes downward?

II.  Objectives:

  • Construct and interpret Demand Schedules and Demand Curves
  • Provide a conclusion that follows from and reflects upon what is experienced, observed, or resolved.

III.   Demand Curve/Market Demand Curve – Quiz Tomorrow

IV.    Classwork:

  • Demand curve & Market demand Worksheet 1
  • Construct a demand schedule and  a corresponding demand curve for a product.
    • Create a Demand Schedule – 8 prices
    • Create a corresponding Demand Curve – 8 points


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