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AP ECONOMICS: January 23 Warm-up 1) Create a scenario causing a change in demand. 2) Create a scenario causing a change in quantity demanded. 3) Create.

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Presentation on theme: "AP ECONOMICS: January 23 Warm-up 1) Create a scenario causing a change in demand. 2) Create a scenario causing a change in quantity demanded. 3) Create."— Presentation transcript:

1 AP ECONOMICS: January 23 Warm-up 1) Create a scenario causing a change in demand. 2) Create a scenario causing a change in quantity demanded. 3) Create a scenario causing a change in supply. 4) Create a scenario causing a change in quantity supplied. Learning Target In order to establish a thorough understanding of the workings of a free market economy, I will learn the principles of supply. I will know I have it when, on a supply graph, I can: (1) differentiate between a change in quantity supplied vs. a change in supply; and (2) accurately shift supply curves given various supply curve shift scenarios. --Complete Worksheet 6.2 (HO from earlier) TURN IN Additional practice on S and D curve shifters --Worksheet 5.5 (Demand Summary Study Guide) (HO) --Worksheet 6.4 (Supply Summary Study Guide) (HO) Assignment GC Assignment #6 (Module 7) Tue.: FRQ #1 (Production Possibilities) & FRQ #2 (Comparative Advantage) Wed.: MCT #1


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