Ch. 4 Sec. 1 & 2 Law of Demand

1. Today we are going to start looking at the law of demand but first let's look at the issue.
Law of Demand Crash Course

2. Next we will discuss the law of demand using your packets and notes.



3. Lastly practice the concepts with your exploration and changes in demand pages in packet.




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Day 2
Ch. 4 Sec .1 & 2: "Law of Demand"

1. Today you will look at and complete a google slides assignment on the 6 change factors that can shift demand left or right, meaning less or more demand, on a demand curve graph.


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Day 3
Ch. 4 Sec. 1 & 2: "Law of Demand"

1. Today we are going to graph a demand curve and multiple shifts in demand from the list of demand change factors we looked at yesterday.

Image result for black friday shopping
Image result for black friday shopping




Day 4
Ch. 5 Sec. 1 & 3: "Law of Supply"

1. Today we will go over the law of supply using our notes and packets.



2. Next we will practice what we learned by going over the Ch. 5 Exploration Page


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Day 5
Ch. 5 Sec. 1 & 3: "Law of Supply"

1. Today we are going to explore the change factors that shift supply.


2. Next we will go over those notes


3. Lastly we will start a supply graph.


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Day 6
Ch. 5 Sec. 1 & 3: Law of Supply.

1. Today we will let you have all period to work on the supply graphs and then we will go over them once finished.



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Day 7
Ch. 5 Sec. 1 & 3: Law of Supply

1. Today we are going to look at some examples of the supply shift factors that we talked about yesterday by watching the Drew Carey Volume 2 DVD on the issue and filling out the corresponding worksheet in packets.

Kidneys for Sale
Food Fight
Throw Pillow Fight
Farm Subsidies



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Day 8
Ch. 6 Sec. 1: The Role of Prices
1. Today we are going to start Ch. 6 in packets and notes on the role of prices.



2. Next we will look at how the concepts of Rental Control and Price Floors work.
Effects of Rent Control
Effects of Minimum Wage

3. Next Mr. McFarland has a Food Bonus Day activity to pass out and explain to you for a future date.


4. Lastly we will start a combining supply and demand graph.


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Day 9Ch. 6 Sec. 1: The Role of Prices
1. You have all period to work on your combining supply and demand graphs.

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Day 10
Ch. 6 Sec. 1: Combining Supply and Demand

1. First we will go over combining supply and demand graphs from yesterday.


2. Next we will do the Ch. 6 Exploration page in packets.


3. Lastly we will highlight the test questions that will be on your test.

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Day 11
Ch. 6 Sec. 3: The Role of Prices

1. First we are going to go over the role prices play in our economy using our packets and notes for Ch. 6 Sec. 3.



2. Next we are going to do the III. Changes in the Marketplace and IV. Informed Decisions worksheet pages in packet and discuss.


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Day 12
Ch. 6 Sec. 3: The Role of Prices

1. Today students will get to experience the laws of supply and demand for themselves by playing a supply and demand food/drink game.


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Day 13
Unit 2 Test Day

1. Today we will turn in our packets for participation points and take the Unit 2 Test