Economics- 3/01/12
I. Bellwork
II. Objective:
- Determine what creates demand and what factors cause demand to change
III. Classwork-Q&A
A. Economics USA Video – Demand Marginal Utility
- What happened to California in 1975?
- What were the residents of Marin County forced to do?
- Why did Marin County have this problem?
- List some sacrifices the residents made.
- What did some farmers and landowners do?
- How did the lack of water affect the marginal utility of water?
- How did more water affect the marginal utility of water?
IV. Retakes tomorrow after school
- Bring a 3 paragraph Summary for Chapter 2 -1 paragraph for each section
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