January 28, 2013
Monday, 1/28/13-Econ
SSEMI3.a
Identify and illustrate on a graph, factors that cause changes in market supply and demand.
Appetizer:
Name one good or service for which your demand is elastic and name one good or service where your demand is inelastic.
Monday, January 28, 2013
#4-Table of Contents
EQ: Why does shift happen in demand? What are the reasons for these shifts?
Download Elasticity
Download StakerDemand
Main Course:
Review your learning from Friday
2nd and 3rd periods-Make sure you know the difference between substitution effect and income effect (page 80 in left margin if you do not know or have it written down)
Pages 86-88, write down the 6 reasons why shift happens in demand
Discuss together
Dessert:
This summarizing activity will be assessed!
Read the scenarios on the demand for beef and determine if there will be an increase or decrease in demand for beef based on the following situations.
You will draw an L on your paper with 2 downward lines (demand): indicate decrease (left) or increase (right)
No comments:
Post a Comment