Agenda: September 24th, 2013
1) Reviewed graphs from yesterday's class
2) Shifts in Demand PP
3) Examples in class.
Today in class we discussed what happens when our demand graph shifts, what causes those shifts and how do we graph them.
Homework: For class tomorrow students need to create two situations, one where the shift is along the demand curve and one where the shift creates a new curve. Look at the Shifts in Demand PP if you need a refresher. Students can pick any product they would like, create a chart with the prices and quantity demanded, plot the points on a graph and come up with questions for the class. Tomorrow in class I will ask the class your two examples.
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