Economics – 11/13/18

I.  Bellwork::   (10 points)

Make a word cloud for the vocabulary words in Chapter 6 and save it as your desktop screen background on your computer.  Find then on the Chapter PPT

• https://www.jasondavies.com/wordcloud/
• https://www.wordclouds.com/
• https://wordart.com/

II.   Objectives:

• Analyze and provide examples of how price controls are practiced and their impact.
• Identify the impact resulting from changes in Demand and Supply on equilibrium Price and Quantity
• Integrate and evaluate various graphic models in order to address a question or solve a problem.

III.  Review & Discuss Chapter 6 Concepts

• Chapter 6 Review Sheet due tomorrow
•  review previous quiz
• Kahoot Competition

IV.  Chapter 6 Test Tomorrow

V. Classwork  Supreme Court Rejects Rent Control Challenge

1. Explain the reasoning used by those against rent control.
2. Explain the reasoning used by those supporting rent control.
3. What factors did the Supreme Court take into consideration and what was the basis for their decision?  Do you agree? Explain.

 

Economics F2018