I.  Bellwork – Read and Develop a stance Supreme Court Rejects Rent Control Challenge Based upon the article, explain if rent controls should be abolished or if they are necessary.  1-paragraph II. Objective Produce a clear and coherent writing appropriate to task, purpose, and audience. Analyze the impact of a change in public policy (price […]

I.  Bellwork Q&A From a starting point of D & S What is the current equilibrium price? What is the new price if demand decreases and supply increases to S1? What would be the new price if demand decreases and Supply increases to S2? What would be the price if demand remained constant and Supply […]

I.  Bellwork Q&A Economics Analysis Pages 149, 150, and 152 II. Objective Analyze how prices change through the interaction of buyers and sellers in a market including the role of supply, demand, equilibrium, surpluses, and shortages. III.   Classwork Real World Economics – Simple Supply and Demand Economics Guided Reading 6-2 IV.  6-2 Quiz – Graphing […]

I.  Bellwork  – Q&A A.  Page 147 Analyze the Impact 1-2 B.  Answer the additional questions below 1. What is a benefit of selling merchandise on-line? 2. What is a disadvantage of buying merchandise on-line? II. Objective Analyze how prices change through the interaction of buyers and sellers in a market including the role of […]

I. Bellwork List 3 goods or services you have recently purchased. For each, explain how price may have influenced your decision regarding the items you purchased. II. Objective Analyze how prices send signals and provide incentives to buyers and sellers in a competitive market. III.    Discussion: Prices as Signal Pages 142-146 Videos –  Rationing […]

I.  Bellwork Q&A A. Chapter 5 Enrichment II.  Objective Explain the law of supply and analyze changes in supply as well as changes in quantity supplied. Analyze the production function and other decision making models which allow businesses to maximize profits. III. Economics – Content Vocabulary Activities– IV.  Chapter 5 Exam

I.  Bellwork:  Draw diagrams & answer Page 141- #34 II. Objective Explain the law of supply and analyze changes in supply as well as changes in quantity supplied. Analyze the production function and other decision making models which allow businesses to maximize profits. III. Classwork Reteaching Chapter 5 Chapter-5-Review1 Chapter 5-1 iLearn Quiz Review IV. Chapter 5 […]

I.  Bellwork: Q&A Explain why electricity is considered to be a variable cost. Explain why many people are choosing to start e-commerce stores instead of traditional businesses? II. Objective: Examine how businesses analyze their costs and revenues to maximize profits. III. Discussion: Cost/Revenue/Profit Maximization Pages 132-137 Production-Schedules-5-2-5-3 IV. Classwork A.  For each industry/business featured in […]

I.  Bellwork  Q&A List 2 expenses/costs associated with operating a business. List one expense/cost that would vary depending on the level of production. List one expense/cost that would remain the same regardless of the level of production. II. Objective Determine how businesses analyze their costs and revenues to maximize profits. III. Production Function Quiz IV.  Discussion […]

I.  Bellwork Reading Check Page 129 Reading Check Page 130 II. Objectives Examine how changes in labor affect output. – Theory of Production Construct a production function and identify the stages of production III. Notebook Work A.  Production Schedule Graphing (1st example stays in notebook)-Finish it IV.  Classwork A.  Production Function Practice B.  Page 130 2-6 […]