I.  Bellwork A.  On a graph show what happens to demand when the price increases.  Use arrows B.  On a graph show what happens to demand when the price decreases.  Use arrows II.  Objectives: Differentiate between a change in demand and a change in quantity demand. Identify and examine factor that cause a change in […]

Pep Rally Day

I.  Bellwork: Q&A Page 97 – Companies in the News What are some of the changes McDonald’s has made ? How do you believe the changes have impacted their business? What else do you believe McDonald’s can do to increase demand? Explain. II.  Objective Explain the difference between a change in demand and a change […]

I.  Bellwork: Q&A What is on the x axis of a demand curve graph? What is on the y axis of a demand curve graph? Explain why the demand curve slopes downward? II.  Objective: Construct and interpret Demand Schedules and Demand Curves Provide a conclusion that follows from and reflects upon what is experienced, observed, […]

I.  Bellwork Q&A 1-5 Chp 4 Primary and Secondary Sources Workbook II.  Objective: Construct and interpret Demand Schedules and Demand Curves Provide a conclusion that follows from and reflects upon what is experienced, observed, or resolved. III.  Discussion/Notebook Work:  Constructing Demand Curves Quick Review of Topics Demand Schedule and Curve for Apples Market Demand Curve […]

I.  Bellwork: Write a paragraph (3-6 sentences) about a product or service you tried to purchase that was difficult to obtain due to high demand.  Explain why demand for the product or service was so high and how you were able or unable to obtain the product or service II.  Objective: Determine what creates demand, […]

I.  Bellwork Based upon the information provided in the table below, what are three conclusions you can make when comparing a traditional and market economy. II.  Objective: Examine the importance of entrepreneurs in a market economy as they attempt to obtain capital and financing to support their endeavors. Demonstrate understanding of written, spoken, or visual […]

I.  Bellwork A separate sheet of paper with MLA heading II.  Objectives: Complete Chapter 2 Assessment by applying concepts and principles which focus on how the allocation of goods and services, the evaluation of economic performance, and the roles of government in the economy. Create claims supported by details and examples discussed in class and […]

I.  Bellwork              Q&A What is happening in the cartoon? Explain the point that is being made about communism? Explain the point that is being made about capitalism? II.  Objective: Review concepts and principles which focus on how economic systems allocate resources, the evaluation of economic performance, and the role of government in the economy. Examine […]

I.  Bellwork A.  Eminent Domain and Property Rights Q&A What do you believe is the authors intent/message? Identify two restrictions under which the government must operate when exercising eminent domain authority. Explain the two qualities a public good must have? Explain why private property rights important. II.  Objectives: Analyze and discuss the role of government […]