{"id":12581,"date":"2016-06-02T08:35:42","date_gmt":"2016-06-02T12:35:42","guid":{"rendered":"http:\/\/iblog.dearbornschools.org\/farhoud\/?p=12581"},"modified":"2016-06-01T17:50:51","modified_gmt":"2016-06-01T21:50:51","slug":"economics-6012016-2","status":"publish","type":"post","link":"https:\/\/iblog.dearbornschools.org\/farhoud\/2016\/06\/02\/economics-6012016-2\/","title":{"rendered":"Economics &#8211; 6\/01\/2016"},"content":{"rendered":"<p>I.\u00a0 <strong>Bellwork<\/strong><\/p>\n<p><strong>Copy the schedule, identify and<u> label<\/u> the<u> amount<\/u> of <u>shortage<\/u> or<u> surplus<\/u>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<\/strong><\/p>\n<table width=\"381\">\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 <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>IV.\u00a0 <strong>Discuss<\/strong><\/p>\n<ul>\n<li><a href=\"https:\/\/bcove.me\/hmyckxl0\">Economic Low Down \u2013 Equilibrium<\/a><\/li>\n<li><a href=\"https:\/\/www.reffonomics.com\/TRB\/chapter4\/sd12.swf\">Changes in Demand &amp; Supply Graph<\/a><\/li>\n<\/ul>\n<ul>\n<li>Section 6-1 &amp; 6-2<a href=\"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-content\/uploads\/sites\/151\/2011\/04\/Review-Worksheet.pdf\">Review Worksheet<\/a><\/li>\n<\/ul>\n<p>V.\u00a0 <strong>\u00a0<\/strong> <strong>Classwork<\/strong><\/p>\n<p>A.\u00a0 \u00a0 Read the article:<a href=\"https:\/\/livingeconomics.org\/article.asp?docId=91\">Cheap Pearls<\/a> \u00a0\u00a0<a href=\"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-content\/uploads\/sites\/151\/2015\/11\/Cheap-Pearls.docx\">Cheap Pearls<\/a><\/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 Page 154 2-7 Q&amp;A<\/p>\n<p>VI.\u00a0 <strong>6-2 Quiz \u2013 Graphing Supply and Demand tomorrow<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>I.\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 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":[76],"tags":[],"class_list":["post-12581","post","type-post","status-publish","format-standard","hentry","category-economics-w2016"],"_links":{"self":[{"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/posts\/12581","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=12581"}],"version-history":[{"count":0,"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/posts\/12581\/revisions"}],"wp:attachment":[{"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/media?parent=12581"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/categories?post=12581"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/tags?post=12581"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}