Economics – 10/17/2016
I. Bellwork: Q&A
- What is the movement shown in this graph called?
- List and explain 3 factors that could result in the movement shown in the graph.
II. Objective:
- Differentiate between a change in demand and a change in quantity demand.
- Evaluate information in order to determine the impact on demand and/or quantity demand.
- Construct a reference book, with examples and graphs, explaining the factors causing an increase and decrease in quantity demand.
III. Notebook Work- Brace Map
- Brace Map Change in Quantity Demand (Income & Substitution Effect)
IV. Discussion
V. Classwork:
A. Layer Book: Determinants of Demand
- Description, Explanation/Examples and corresponding graphs for each determinant
VI. iLearn Quiz 4.1 & 4.2 Wednesday in Class
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