Harrison High School: Lesson Plans Week-At-A-Glance
WEEK:
4
GOAL:
Monday
Essential Question:
What are the downfalls of
each economic system?
Standard:
Tuesday
Essential Question:
What is the law of
demand?
Standard:
Wednesday
Essential Question:
What is elasticity of
demand?
Standard:
Thursday
Essential Question:
What is the law of
supply?
Standard:
Friday
Essential Question:
?
SSEF4:Students will compare and
contrast different economic systems
and how they answer 3 basic
economic questions.
SSEM12 Students will explain how
the law of demand, the law of
supply, prices and profits work to
determine production and
distribution in a market economy.
SSEM12 Students will explain how
the law of demand, the law of
supply, prices and profits work to
determine production and
distribution in a market economy
SSEM13: Students will be able to
explain how markets, prices, and
competition influence economic
behavior.
SSEM12 Students will explain how
the law of demand, the law of
supply, prices and profits work to
determine production and
distribution in a market economy
SSEM13: Students will be able to
explain how markets, prices, and
competition influence economic
behavior.
. SSEM12 Students will explain how
the law of demand, the law of supply,
prices and profits work to determine
production and distribution in a
market economy SSEM13: Students
will be able to explain how markets,
prices, and competition influence
economic behavior.
Objectives:
Objectives:
Objectives:
Objectives:
Objectives:
Students will be able to compare and
contrast communism vs free market.
Students will be able to:
-Explain the law of demand
-Interpret a demand schedule
-Understand the difference
between quantity demanded and a
shift in the demand curve.
Explain how changes in price of
one good can affect demand for
another.
Students will be able to:
-Explain how to calculate elasticity
of demand
-Identify the factors that affect
demand
Explain how firms use elasticity
and revenue to make decisions.
Students will be able to:
-Explain the law of supply.
--Interpret a supply graph
-Explain the relationship between
elasticity of supply and time.
-Explain how firms decide how
much labor to hire.
-Analyze the production costs of
firms.
Students will be able to:
Activities:
Activities:
Activities:
Activities:
Graph Skills Activity
PowerPoint: Demand
Partner activity:
Popcorn/movies demand schedule
Fixed/variable cost activity
Production costs chart
PowerPoint
Case study: Oprah Winfrey
Vs
Texas Cattlemen
Writing exercise: elasticity
Homework
Chapter 4 study guide
Homework
Chapter 4 study guide
Activities:
Video: Animal Farm
HomeworkRead pages 74-83
Chapter 4
Standard:
-Identify how determinants such as
input costs create changes in supply.
-Identify three ways in which
government can influence supply.
-Understand supply and demand in
the global economy.
Discussion on supply
shifts.
Joohn Stossell Video
Homework: chapter 5 study guide
Homework: chapter 5 study guide
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