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Consumer Economics
Demand/Supply Lessons
Home | overview | final exam review | Unit 1 Economic Thinking | Unit 2 Investments | Unit 3 personal finance | Unit 4 Demand/Supply

Unit 4 lessons

Demand

 

11/10/05

  1. discuss quiz results
  2. Introduce Demand by discussing something in our lives that has a constant demand. 
  3. Demand is quantities of a good or service consumers are willing to buy at different prices at different times
  4. Begin the wheat market

11/14/2005

1. complete wheat market

2. graph and notes

 

11/15/05

1. speeches

2. guest speaker

 

11/16/05

1. Speeches

2. Wheat market

 

11/17/05

1.Ms. Fruh for 1st period

1. Wheat market graphing worksheet

2. Notes on Demand through Demand Curve

3. Auction the candy bar

4. Graph the demand for the candy bar on worksheet focusing on cumulative impact

5. Auction second candy bar changing one of the determinants/ use IOU

6. notes on demand shift

7. Pages 25-26 work on for tomorrow for 30 points

 

11/18/05

  1. Collect pages 25-26
  2. go over the answers
  3. take out Hershey curve
  4. sell second bar shift the curve
  5. notes

 

11/21/05

  1. Demand Worksheet as practice
  2. Check worksheet for a grade
  3. Intro Supply notes

 

11/22/05

  1. Go over the Demand Packet
  2. 15 push ups for 5 extra credit points
  3. 30 push ups for 10 extra credit points
  4. 45 push ups for 15 extra credit points
  5. Supply activity/ JA with Mr. Ringo in 1st period,
  6. Begin work on supply packet.

11/28/05

  1. Correct Demand Worksheet
  2. Demand Test Review Warm Up
  3. Period 1 Supply intro push ups
  4. Period 7 T- Shirt simulation from JA
    1. What determines what goods and services will be offered for sale?
    2. You and one partner are T-shirt producers who must decide what price to charge for their unique shirts.
    3. Distribute T-shirt cost card, they have 5 minutes to analyze info on cards
    4. Determine the price they would like to charge for T-shirts to allow you a fair profit
    5. I  operate a national retail company. 
    6. Who is willing to sell me 144 shirts/12doz at $4ea. Adjust your prices
    7. Go up by $2 at a time and create a table/schedule
    8. Graph cumulative quantity
    9. Show questions
    10. Close with: Are there more or less products at the 75% off rack at retailers than in the in season racks.

 

  1. Hand out supply worksheet

 

11/29/05

  1. Period 1 : multimedia currency
  2. guest speaker
  3. assign supply worksheet

 

Period 7

  1. Complete supply worksheet
  2. Supply notes
  3. Supply test review questions

 

11/30/05

 

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