1. ECONOMICS: September 19
Warm-up: Show an increase in quantity demanded due to a change in price on one D graph and a decrease in quantity demanded due to a change in price on a second D graph.
Learning Target In order to understand the concept of demand, I will explore two additional explanations for the law of demand as well as the factors that cause a change in demand. I will know I have it when, given various scenarios, I can accurately draw and differentiate between a change in quantity demanded and a change in demand on a demand graph. Ch. 4, Lesson 2 Student Lecture Guide (HO)
--D Video Demand Explained (Through 2:55) (now focus on income and substitution effects to help explain the Law of D) --graphing a change in D
-D Curve Shifters -distinguishing between substitutes vs. complements -application (using lapboards)
Assignment:
--read Ch. 4, Lesson 3