Monday, September 30, 2013

Inelastic Vs Elastic

Agenda: September 30th, 2013

1) Read pages 90-96
2) Elasticity of Demand
3) Partner Work- Chapter 4 questions 1-6
4) Homework.

Test will be on Friday, Chapter 1-5

Chapter 4- Review
Section1: Understanding Demand Terms are due tomorrow.

Friday, September 27, 2013

Extra Quiz

Hey guys!
  I looked over the quizzes and it looks as though this should not be used as a quiz grade because it could bring quiz grades down.
 No homework! Go cheer on the lancers tomorrow.

Examples of Elasticity

Agenda: September 27th, 2013

1) Reviewed homework
2) Examples of elasticity
3) Possible quiz- If the quiz grade brings up everyones overall scores I will count it as a quiz grade if not it will be a class assignment.

Homework: None! enjoy mack plaque!

Thursday, September 26, 2013

Elasticity of Demand

Agenda: September 26th, 2013

1) Checked off homework
2) Reviewed the 6 homework questions
3) Elasticity of Demand

Homework: None

Wednesday, September 25, 2013

Demand Shifts

Agenda: September 25th, 2013

1) Checked homework
2) split students into groups of three/ four
3) Each student was to answer their group mates questions
4) Review questions in class

Students worked in a group to answer everyones questions. Each group had to pick a good question from their group to ask the entire class. We reviewed the students questions for the rest of the day.

Homework:
1) Demand Questions - 6 questions that need to be graphed and answer any questions that go along with that questions. These 6 questions will be due tomorrow.

Have a good night.

Tuesday, September 24, 2013

Shifts in Demand

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.  

Monday, September 23, 2013

Demand

Agenda: September 23rd, 2013

1) Passed back quizzes
2) Demand
3) Demand Worksheet
4) Demand Key Terms

Today in class we began by passing back the quizzes from last friday. We are on a new unit, Demand. Today in class we graphed the demand constant curve.

Homework: None
Extra Credit: Tomorrow in class, make your own individual demand curve. Create your own product & pricing. Plot the points on a graph. I will collect them in the beginning of class.