Economics – 5/08/17
I. Bellwork
- Page 113 #26 (Draw the graphs & place arrows demonstrating what will happen to each)
II. Objectives:
- Through analysis of textbook and video information students will construct thinking maps which identify factors that influence demand elasticity.
- Review and discuss concepts and principles relating to demand.
- Integrate and evaluate information presented in order to determine demand elasticity or inelasticity.
III. Discussion
IV. Notebook Work
A. Draw and label:
- An inelastic demand curve
- An elastic demand curve
B. Elasticity Test – Flow Map
C. Total Revenue/Expenditure Test – Brace Map
V. 4.1 & 4.2 Quiz on iLearn closes Wed @ 10:00 pm
VI. Classwork:
- Page 103 Vocabulary (7)
- Page 109 2-4 Q&A
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