Economics – 10/15/19
I. Bellwork Q&A
Pg 117 – Companies in the News
- What created a shortage of the flu vaccine?
- How did the market respond to the shortage?
- What is the current availability of the vaccine?
II. Objectives
- Define Supply; identify and distinguish 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.
- Construct economic models demonstrating a change in quantity supply and a change in supply
III. Chapter 4 Retakes Wednesday 3:00 pm – 6:00
IV. Notebook work: Pages 117-125
- Law of Supply
- Change in Quantity Supplied
- Tree Map – Factors Causing a Change in Supply (STORES)
- Supply Elasticity – Flow Map
V. Classwork – Turn it in today
- Page 117 Content Vocabulary (10)
- 5-1 Guided Reading
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