Thursday, October 14, 2010

Economics Agenda: October 18-22

Monday
  • Sudan human trafficking - supply and demand example
  • Practice with supply and demand together
Tuesday
  • Quiz - basics of supply and demand
  • Bananas game!
  • HW= supply and demand practice
Wednesday
  • Finish plotting banana points and creating supply/demand
  • Winners get prizes!
  • Rounds 4 and 5 - price floor and ceiling
  • Go through supply and demand practice answers
  • HW= Chapter 7 GRQs due Monday
Thursday
  • Unit 2, Journal 6
    • What goods would you quit buying if the cost increased dramatically?(name 3-4)  Why would you stop buying them?  What goods would you continue to buy REGARDLESS of the cost?  Why does price not matter in regards to these goods?  Is there really no limit to the amount you'd pay, or would there really be a point at which you'd quit buying it?   
  • Supply and Demand practice - students demonstrate for each other.
  • Elasticity
  • HW= Chapter 7
Friday
  • Life-changing senarios
  • HW= Chapter 7

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