AP Economics – 9/13/18
I. Bellwork
- Finish Multiple Choice Part of Exam on iLearn
II. Objectives:
- Determine what creates demand, identify factors which influence quantity demand, and construct economic models that are used to represent demand.
- Analyze, interpret, and communicate demand curves and the difference between a change in quantity demand and a change in demand
III. Discussion PPT & Video on iLearn
IV. Notebook
A. Create a Brace Map in your Notebook:
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- Conditions necessary for Demand (3)
C. Notebook: Copy- Demand Schedule & Demand Curve – Figure 4.1
D. View Video: Law of Demand –
E. Copy Arrows below in your Notebook:
F. View Video: Diminishing Marginal Utility
V. Classwork
- Copy Demand Schedule & Graph – Demand Curve for CD’s and construct a demand curve
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