AP Economics – 9/19/18

I.   Bellwork Q&A

Pg 117 – Companies in the News

  1. What created a shortage of the flu vaccine?
  2. How did the market respond to the shortage?
  3. What is the current availability of the vaccine?

II Objectives

  • Define Supply; identify changes in quantity supplied and factors that cause a change in supply.
  • Determine the meaning of words and phrases as they are used in a text.

III.  Discussion:  Supply

IV  Notebook work:

  • Law of Supply
  • Change in Quantity Supplied
  • Tree Map – Factors Causing a Change in Supply

V.   Classwork/Homework

  • 2.2 Supply Sheet on iLearn


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