Economics – 11/06/14
I. Bellwork – Q&A
- Who do you believe is impacted the most by rationing, suppliers or consumers? Support your claim.
- Present and support what someone may claim in the counter argument.
II. Objective
- Analyze how prices change through the interaction of buyers and sellers in a market including the role of supply, demand, equilibrium, shortages, and surpluses.
- Develop claim(s) and counterclaims fairly and thoroughly, supplying the most relevant evidence for each
- Integrate and evaluate multiple sources of information presented in diverse formats in order to address a question or solve a problem.
III. Discussion & Notebook Activity
- Price & Rationing – Brace maps from yesterday
- Equilibrium Video
- Equilibrium Exercise
IV. Classwork
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