Economics – 10/23/15

I.  Bellwork:

• Page 113 Math Practice #29 a & b (Write questions and answers for b)

II.  Objective:

• Identify and analyze factors that influence demand elasticity.
• Distinguish between a change in quantity demand and demand identifying the situations which impact each.
• Construct demand curves and provide explanations which support and explain the economic principle being demonstrated

III. Classwork Work

A. Explain the difference between inelastic and elastic demand. Also, illustrate and label the difference by constructing graphs for each example.

B.  Explain the difference between a change in quantity demand and a change in demand. Also, illustrate and label the difference by constructing graphs for each example.

IV.   Chapter 4 Learning-Targets-Template

• Attach Your Chapter 4 Materials to Your Chapter 4 Learning Targets Sheet and Place it in Your Folder

V.  Test on Tuesday

• Chapter-4-Review– Due Tuesday
• Review your iLearn Quiz & Notes

Economics F2015