ECONOMICS
UNIT II
DEMAND and
SUPPLY
In this unit, we will examine the
relationship of the concept of incentives to the law of supply and the
relationship of the concept of incentives and substitutes to the law of demand.
We will also investigate the effects of changes in supply and/or demand on the
relative scarcity, price, and quantity of particular products. Roles of
property rights, competition, and profit in a market economy as well as how
prices reflect the relative scarcity of goods and services and perform the
locative function in a market economy will be covered as well as the process by
which competition among buyers and sellers determines market price.
Back
to Unit I
Table
of Contents
Date |
In-Class
Work |
Homework |
FRI. 11/18 |
UNIT I QUEST Shark Tank Intro (#19) Start Demand Lecture (#20) |
Read pgs. Chpt. 3 DO: SSG pgs. 21-22 (#21) Print out this schedule and place behind
Unit II divider (#18) Prep binders- Econ binder check |
TUE. 11/22 |
Econ Binder Check Demand Lecture (#20) Candy Bar* Demand Elasticity Demand and Supply W/S (#22) |
Complete Questions #1-20 in Demand and
Supply Worksheet (#22) Here is the Demand
Powerpoint |
WED.-FRI. 11/23-11/25 |
Thanksgiving Break- No School! |
See above Review*: Read Pgs 36-40 Review*: Read pgs
41-45; *If you feel behind or need brushing up |
TUE. 11/29 |
Lecture: Law
of Supply w/Curves (#23)
-Production Costs, Earnings, and Profits
: Slide 18 Poster Project (#27) |
Read Pgs. 47-52 and 53-60 Theory of Production (#24) *if you didn’t
finish it Demand & Supply W/S do Questions 21-28.
|
THU. 12/1 |
Finish explaining Supply Demand Poster Project
(#27) (10 minutes period 1) Theory of Production (#24) (10 minutes) Total Product Practice Question * Supply (yellow sheet) (#25) A Market Wheat Simulation (#26) Score Sheet |
Do pg. 35-36 in SSG. (#28) Read pgs. 60-68 Start Poster Project (#27) Due TUE. 12/13 Here is the Supply
Powerpoint |
MON. 12/5 |
A Market Wheat Simulation (#26) Score Sheet Info (#30) Price System How Prices Are Determined Notes (#31) |
Read Pgs. 69-75 Do Pgs. 37-38 in SSG (#29) Bring materials to work on poster
project/current events (pens, pencils, posterboard
and if you have a laptop bring it!) DUE TUE. DEC. 13 Here is the How
Prices Are Determined Powerpoint |
WED. 12/7 |
Price Systems Notes (#31) *if needed
(period 1 5 minutes) Review for Unit II Quest: (40 minutes)
-Orange W/S (#32)
-Practice Opp. Cost (#33) -Total
Prod. (#34) Supply Demand non-price factor practice
(#)* Practice Graphing Non-Price Factors
Shifting Demand/Supply W/S (#)* Time to work on supply/Demand Poster
Project (45 minutes) |
Bring materials to work on poster
project/current events (pens, pencils, posterboard
and if you have a laptop bring it!) Review For Quest on Mon. here is the Unit
II Studyguide (#35) |
FRI. 12/9 |
Unit II Quest (45 minutes) Shark Tank Work (20 minutes) Start New Unit: Lecture Market Structures (#37) |
Study For the Unit II Quest (Mon.) Here is
the Unit
II Studyguide (#) Work on Poster Project (Due Tue 12/13) |
TUE. 12/13 |
Poster Project Due TODAY Continue Market Structures (#37) Airline Case: Is Bigger Better? (#38) Articles on electoral College (#39) Business Organizations (#40) Start Tucker (#41) |
Read pgs. 180-188 Go to UNIT
III SCHEDULE (#36) |
THU. 12/15 |
Tucker (#41) |
|
MON-WED. 12/19-12/21 |
FINALS WEEK: Finish Tucker(#41) Party Continue Unit III |
|