ECONOMICS FOR THE WEEK STARTING 4/7/14 MONDAY DAY 4/7 TUESDAY DAY 2 4/8 WED. Day 1 4/9 THURSDAY Day 2 4/10 FRIDAY Day 1 4/11 CLASS: CLASS: CLASS: CLASS: CLASS: NO CLASS CLASS OBJECTIVES: 1. Notes:Market Dynamics: Supply and Demand Shift (Changes in Price/Quantity) CLASS OBJECTIVES: 1. Review Supply and Demand Shifts 2. Impact of Price Floors/Price Ceilings on Supply (Min. Wage / Rent Control) 3. YouTube Video: Min. Wage CLASS OBJECTIVES: 1. Students will understand the impact of changes on supply in the market place 2. Students will understand the impact of both supply and demand in the marketplace. VOCAB: VOCAB: Law of Supply Equilibrium Surplus Price Floor Price Ceiling CLASS OBJECTIVES: CLASS OBJECTIVES: Students will understand the impact of both supply and demand in the marketplace VOCAB: VOCAB: Law of Supply Equilibrium Surplus Price Floor VOCAB: Shortage Inventory PRACTICE: PRACTICE: 1. Ch. 6 / Sec. 1 and 2 (pgs. 122-133) 2. Complete Supply and Demand WS Price Ceiling Shortage Inventory PRACTICE: PRACTICE: ECONOMICS MID-TERM EXAM PRACTICE: