Economics – 10/12/16
I. Bellwork:
A. Page 97 – Companies in the News – Q&A
- What are some of the changes McDonald’s has made ?
- How do you believe the changes have impacted their business?
- What else do you believe McDonald’s can do to increase demand? Explain.
II. Objective
- Differentiate between a change in demand and a change in quantity demand
- Identify and examine factors that cause a change in demand
- Provide explanations and scenarios which result in a change in demand
III. Discuss: 4-2 Factors Affecting Demand pages 97-101
IV. Notebook Work: (This is on your next iLearn Quiz)
- Change in Quantity Demand & Change in Demand (illustration & discussion)
- Tree Map: Determinants of Demand (Copy and Complete) Determinants of Demand
V. Demand Curve Quiz
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