Economics – 3/18/13
I. Bellwork: Q&A
- What is the movement shown in this graph called?
- List and explain 4 factors that could result in the movement shown in the graph.
II. Objective:
- Identify factors that influence the size of a change in the quantity demanded (elasticity)
- Integrate and evaluate multiple sources of information presented in diverse formats in order to determine demand elasticity or inelasticity.
III. Discussion
- Short video on Demand Elasticity
IV. Notebook- Tree Map: Elasticity
V. Classwork:
- Page 103 Vocabulary (7)
- Page 109 2-4 Q&A
VI. Chapter 4 test Wednesday: Chapter-4-Review
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