Economics W2016
Economics – 6/09/2016
I. Bellwork: Question & Answers Worksheet32 From Disequilibrium to Equilibrium II. Objectives: Review and discuss principles and concepts as they relate to the determination of price. Analyze and provide examples of the practice of price controls. Determine the central ideas or information of a primary or secondary source; provide an accurate summary that makes […]
Economics – 6/07/2016
I. Bellwork: Questions & Answers A. Economics Analysis p. 157 B. Economics Analysis p. 158 C. Economics Analysis p. 159 (Hint find equilibrium) II. Objective Review and discuss principles and concepts as they relate to the determination of price. Analyze and provide examples of the practice of price controls. Evaluate various explanations […]
Economics 6/06/2016
I. Bellwork (Discuss the cases with your fellow students and write a complete response. A.) Your store is constantly selling out of a certain cologne. Explain what can you conclude about the cologne’s current price in regards to equilibrium? Explain what should you do? B.) The cost of attending college is becoming increasingly expensive and […]
Economics – 6/03/2016
I. Bellwork Q&A: From a starting point of D & S What is the current equilibrium price? Where does S &D intersect. What is the new price if demand remains constant and supply increases to S2? What would be the new price if demand decreases to D1 and Supply increases to S2? What would be the […]
Economics – 6/01/2016
I. Bellwork Copy the schedule, identify and label the amount of shortage or surplus Price Quantity Demanded Quantity Supplied Shortage/Surplus $1.00 500 100 $2.00 350 200 $3.00 250 250 $4.00 150 400 $5.00 50 500 II. Objective Analyze how prices change through the interaction of buyers and sellers in a […]
Economics – 6/01/2016
I. Bellwork – Q&A Who do you believe is impacted the most by rationing, suppliers or consumers? Support your claim. Present and provide support for the counter argument. II. Objective Analyze how prices change through the interaction of buyers and sellers in a market including the role of supply, demand, equilibrium, shortages, and surpluses. Develop claim(s) and counterclaims […]
Economics – 5/31/2016
I. Bellwork Is Uber’s Surge-Pricing an Example of High-Tech Gouging? 3-2-1 Strategy- After reading the article, write and complete the following statements: (Must use 5 or more words) Three things I discovered/learned: Two things I found interesting: One question I have about this topic: II. Objective Analyze how prices send signals and provide incentives to […]
Economics – 5/26/2016
I. Bellwork Sheet of paper with MLA Heading 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. Evaluate various explanations for actions or events and determine which explanation best accords […]
Economics – 5/25/2016
I. Bellwork: Page 141- #34 Draw the diagrams & answer what happens to supply Page 141- #37a, b, c Answers only II. Objectives: Evaluate various explanations for actions or events and determine which explanation best accords with textual evidence, Review and discuss changes in quantity supply, supply, the production function and use marginal analysis to […]
Economics – 5/24/2016
I. Bellwork: A. Figure 5.6 Page 134 Questions & Answers At what number of products is the break-even point in on the table achieved? Estimate a range. At what number of workers is the profit-maximization level achieved on the table and explain why this choice is correct. Explain the advantages e-commerce stores have over traditional […]