demand schedule change? Students discuss. How will this change our graph? Graph it out with students. Explain that what has happened here is that demand has decreased at all prices. When this happens, the demand curve will shift to the left. Introduce IRDL as a way to remember direction. Introduce TRIBE as a way framework to understand demand shifts. Student practice: Give students a set of problems that require them to look at models and data. They must decide if demand is increasing, decreasing, or not changing (i.e. only a change in quantity demanded.) Go over student practice. Closing: Lesson Recap and Socrative Exit Ticket Day 13: SSEMI3 The student will explain how markets, prices, and competition influence economic behavior. a. Identify and illustrate on a graph factors that cause changes in market supply and demand. EQ: How do buyers and sellers create the forces of supply and demand in a market economy? Focus Questions: Why might consumers change their purchasing habits? How do we reflect those changes on a demand curve? Warm Up: Give students three scenarios. What will happen to the demand curve in each scenario? Students work in pairs to practice analyzing demand shift situations. Go over situations. Closing: Lesson Recap and Socrative Quick Check Questions Day 14: SSEMI3 The student will explain how markets, prices, and competition influence economic behavior. a. Identify and illustrate on a graph factors that cause changes in market supply and demand. EQ: How do buyers and sellers create the forces of supply and demand in a market economy? Questions: Why might suppliers change their production habits? How do we reflect those changes on a supply curve? Warm Up: Change in Demand or Change in Quantity Demanded practice.
demand schedule change? Students discuss. How will this change our graph? Graph it out with students. Explain that what has happened here is that demand has decreased at all prices. When this happens, the demand curve will shift to the left. Introduce IRDL as a way to remember direction. Introduce TRIBE as a way framework to understand demand shifts. Student practice: Give students a set of problems that require them to look at models and data. They must decide if demand is increasing, decreasing, or not changing (i.e. only a change in quantity demanded.) Go over student practice. Closing: Lesson Recap and Socrative Exit Ticket Day 13: SSEMI3 The student will explain how markets, prices, and competition influence economic behavior. a. Identify and illustrate on a graph factors that cause changes in market supply and demand. EQ: How do buyers and sellers create the forces of supply and demand in a market economy? Focus Questions: Why might consumers change their purchasing habits? How do we reflect those changes on a demand curve? Warm Up: Give students three scenarios. What will happen to the demand curve in each scenario? Students work in pairs to practice analyzing demand shift situations. Go over situations. Closing: Lesson Recap and Socrative Quick Check Questions Day 14: SSEMI3 The student will explain how markets, prices, and competition influence economic behavior. a. Identify and illustrate on a graph factors that cause changes in market supply and demand. EQ: How do buyers and sellers create the forces of supply and demand in a market economy? Questions: Why might suppliers change their production habits? How do we reflect those changes on a supply curve? Warm Up: Change in Demand or Change in Quantity Demanded practice.
Unit%204%20Microeconomics.%20Supply%20and%20Demand-0.docx