{"id":11807,"date":"2015-11-16T23:49:15","date_gmt":"2015-11-17T04:49:15","guid":{"rendered":"http:\/\/iblog.dearbornschools.org\/farhoud\/?p=11807"},"modified":"2015-11-16T23:52:12","modified_gmt":"2015-11-17T04:52:12","slug":"economics-11172015","status":"publish","type":"post","link":"https:\/\/iblog.dearbornschools.org\/farhoud\/2015\/11\/16\/economics-11172015\/","title":{"rendered":"Economics &#8211; 11\/17\/2015"},"content":{"rendered":"<p>I.\u00a0\u00a0 <strong>Bellwork<\/strong><\/p>\n<p><strong>Copy the schedule, identify and<span style=\"text-decoration: underline;\"> label<\/span> the<span style=\"text-decoration: underline;\"> amount<\/span> of <span style=\"text-decoration: underline;\">shortage<\/span> or<span style=\"text-decoration: underline;\"> surplus<\/span>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<\/strong><\/p>\n<table width=\"571\">\n<tbody>\n<tr>\n<td width=\"73\"><strong>Price<\/strong><\/td>\n<td width=\"108\"><strong>Quantity Demanded<\/strong><\/td>\n<td width=\"102\"><strong>Quantity Supplied<\/strong><\/td>\n<td width=\"84\"><strong>Shortage\/Surplus<\/strong><\/td>\n<\/tr>\n<tr>\n<td width=\"73\"><strong>$1.00<\/strong><\/td>\n<td width=\"108\"><strong>500<\/strong><\/td>\n<td width=\"102\"><strong>100<\/strong><\/td>\n<td width=\"84\"><strong>\u00a0<\/strong><\/td>\n<\/tr>\n<tr>\n<td width=\"73\"><strong>$2.00<\/strong><\/td>\n<td width=\"108\"><strong>350<\/strong><\/td>\n<td width=\"102\"><strong>200<\/strong><\/td>\n<td width=\"84\"><strong>\u00a0<\/strong><\/td>\n<\/tr>\n<tr>\n<td width=\"73\"><strong>$3.00<\/strong><\/td>\n<td width=\"108\"><strong>250<\/strong><\/td>\n<td width=\"102\"><strong>250<\/strong><\/td>\n<td width=\"84\"><strong>\u00a0<\/strong><\/td>\n<\/tr>\n<tr>\n<td width=\"73\"><strong>$4.00<\/strong><\/td>\n<td width=\"108\"><strong>150<\/strong><\/td>\n<td width=\"102\"><strong>400<\/strong><\/td>\n<td width=\"84\"><strong>\u00a0<\/strong><\/td>\n<\/tr>\n<tr>\n<td width=\"73\"><strong>$5.00<\/strong><\/td>\n<td width=\"108\"><strong>50<\/strong><\/td>\n<td width=\"102\"><strong>500<\/strong><\/td>\n<td width=\"84\"><strong>\u00a0<\/strong><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>II.\u00a0\u00a0 <strong>Objective<\/strong><\/p>\n<ul>\n<li>Analyze how prices change through the interaction of buyers and sellers in a market including the role of supply, demand, equilibrium, surpluses, and shortages.<\/li>\n<li>Synthesize information from a range of sources (e.g., texts, experiments, simulations) into a coherent understanding of a process,<\/li>\n<li>Draw evidence from literary or informational texts to support analysis and reflection<\/li>\n<\/ul>\n<p><strong>III.\u00a0<\/strong>\u00a0 Notebook: \u00a0Shortage and Surplus Identification<\/p>\n<p><strong>IV. \u00a0Discussion and application of price changes<\/strong><\/p>\n<ul>\n<li><a href=\"https:\/\/bcove.me\/hmyckxl0\">Economic Low Down \u2013 Equilibrium<\/a><\/li>\n<li><a href=\"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-content\/uploads\/sites\/151\/2015\/11\/Supply-and-Demand-Activity-The-Pearl-Exchange.docx\">Supply and Demand Activity &#8211; The Pearl Exchange<\/a><\/li>\n<\/ul>\n<p>V.\u00a0\u00a0 <strong>6-2 Quiz \u2013 Graphing Supply and Demand tomorrow<\/strong><\/p>\n<p><strong>VI. \u00a0<\/strong><strong> Classwork<\/strong><\/p>\n<p>A. \u00a0Read the article: <a href=\"https:\/\/livingeconomics.org\/article.asp?docId=91\" target=\"_blank\">Cheap Pearls<\/a>\u00a0 \u00a0\u00a0<span style=\"color: #ffffff;\"><a style=\"color: #ffffff;\" href=\"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-content\/uploads\/sites\/151\/2015\/11\/Cheap-Pearls.docx\">Cheap Pearls<\/a><\/span><\/p>\n<ul>\n<li>Summarize the article (4-5 sentences)<\/li>\n<li>Create an economic model demonstrating what is happening.<\/li>\n<\/ul>\n<p>B.\u00a0 148 Vocabulary (6)<\/p>\n<p><span style=\"color: #ffffff;\">C.\u00a0 154 2-7 Q&amp;A<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>I.\u00a0\u00a0 Bellwork Copy the schedule, identify and label the amount of shortage or surplus\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Price Quantity Demanded Quantity Supplied Shortage\/Surplus $1.00 500 100 \u00a0 $2.00 350 200 \u00a0 $3.00 250 250 \u00a0 $4.00 150 400 \u00a0 $5.00 50 500 \u00a0 II.\u00a0\u00a0 Objective Analyze how prices change through the interaction of buyers and sellers in a [&hellip;]<\/p>\n","protected":false},"author":176,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[75],"tags":[],"class_list":["post-11807","post","type-post","status-publish","format-standard","hentry","category-economics-f2015"],"_links":{"self":[{"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/posts\/11807","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/users\/176"}],"replies":[{"embeddable":true,"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/comments?post=11807"}],"version-history":[{"count":0,"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/posts\/11807\/revisions"}],"wp:attachment":[{"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/media?parent=11807"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/categories?post=11807"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/tags?post=11807"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}