TODAY: Roses and Thorns; Homework; Supply, Demand, and Market Forces Test

HOMEWORK:  (Due December 2nd/3rd) Answer these Checkpoint questions in Ch. 8 "Business" Sections 1 and 2 . They are on pages 224, 226, 232, and 235. Be sure you use all the Key Terms on pages 221 and 229. For section 1 add the Key Term "Risk"

TODAY: Roses and Thorns, Seminar Makeup Reminder, Price Elasticity Practice, Sanctions Video, Project Work/Organization Time


Make-up "Price System" Seminar Tues. 11/25 @ Lunch. MUST BRING HOMEWORK. 

Price Elasticity Practice: You are selling coffee.  If you change your price from $2 to $3 and the demand changes from 5000 cups a month to 1000 a month. Calculate the price elasticity (show your work). In this case in the price elasticity of demand elastic or inelastic? Does this surprise you? why?

Sanction: an action that is taken or an order that is given to force a country to obey international laws by limiting or stopping trade with that country, by not allowing economic aid for that country, etc.

TODAY: Roses and Thorns, Pre-Seminar Work (Check Homework), Seminar, Reflection

Pre-Seminar Work: Glance through the text "How Price Systems Work" etc. and circle a sentence or statement in each chapter that you think is most important to the topic or provocative.

Seminar Opening Question:
Do the imposition of price floors and ceilings always cause more loss than gain in the economy as a whole?

How do speculators help farmers and consumers?

Look to your study guide for further discussion you Jekylls and Hydes.

Remember: Test over chapters 4, 5, and 6 (Demand, Supply, and Market Forces) will be 11/25-26

Today: Roses and Thorns, Ch. 6 "Market Forces", Work on "Markets Promote Peace" Project

HOMEWORK:  (Due Nov. 18th / 19th) Answer these "Checkpoint questions in Ch. 6 "Market Forces". They are on pages 163, 165, 169, 171, 173, 178, 179. Be sure you use all the Key Terms on pages 161, 167, and 176. 
EXTRA CREDIT: (Be ready to share out) This might be a stretch but ALSO keep in mind the video competition theme "Markets Promote Peace" and write at least two ideas about how the ideas in these sections might influence this idea.


HOMEWORK: (Due Nov. 20th/21st) "How The Price System Works" - Read Chapters 15, 16, and 17 of Economics In One Lesson, annotate and complete the study guide. Be ready for a seminar, your reflection will require you to refer to specific passages of the text. Material from this text/seminar will be included  on the Demand, Supply, and Market Forces test.

Test over chapters 4, 5, and 6 (Demand, Supply, and Market Forces will be 11/25-26

Today: Roses and Thorns, (A day) Explain Homework etc., Finish Ch. 5 Supply (If needed), Start Ch. 6 "Market Forces" 

HOMEWORK:  (Due Nov. 18th / 19th) Answer these "Checkpoint questions in Ch. 6 "Market Forces". They are on pages 163, 165, 169, 171, 173, 178, 179. Be sure you use all the Key Terms on pages 161, 167, and 176. 
EXTRA CREDIT: (Be ready to share out) This might be a stretch but ALSO keep in mind the video competition theme "Markets Promote Peace" and write at least two ideas about how the ideas in these sections might influence this idea.


HOMEWORK: (Due Nov. 20th/21st) "How The Price System Works" - Read Chapters 15, 16, and 17 of Economics In One Lesson, annotate and complete the study guide. Be ready for a seminar, your reflection will require you to refer to specific passages of the text. Material from this text/seminar will be included  on the Demand, Supply, and Market Forces test.

Test over chapters 4, 5, and 6 (Demand, Supply, and Market Forces will be 11/25-26

Today: Roses and Thorns, Explain Homework etc., Finish Ch. 5 Supply, Project Work Time

HOMEWORK:  (Due Nov. 18th / 19th) Answer these "Checkpoint questions in Ch. 6 "Market Forces". They are on pages 163, 165, 169, 171, 173, 178, 179. Be sure you use all the Key Terms on pages 161, 167, and 176. 
EXTRA CREDIT: (Be ready to share out) This might be a stretch but ALSO keep in mind the video competition theme "Markets Promote Peace" and write at least two ideas about how the ideas in these sections might influence this idea.


HOMEWORK: (Due Nov. 20th/21st) "How The Price System Works" - Read Chapters 15, 16, and 17 of Economics In One Lesson, annotate and complete the study guide. Be ready for a seminar, your reflection will require you to refer to specific passages of the text. Material from this text/seminar will be included  on the Demand, Supply, and Market Forces test.

Test over chapters 4, 5, and 6 (Demand, Supply, and Market Forces will be 11/25-26

TODAY: Roses and Thorns, Finish Ch. 4 and Ch. 5, Homework,  Last 1/2 hour project work.

HOMEWORK:  (Due Nov. 18th / 19th) Answer these "Checkpoint questions in Ch. 6 "Market Forces". They are on pages 163, 165, 169, 171, 173, 178, 179. Be sure you use all the Key Terms on pages 161, 167, and 176. 

EXTRA CREDIT: (Be ready to share out) This might be a stretch but ALSO keep in mind the video competition theme "Markets Promote Peace" and write at least two ideas about how the ideas in these sections might influence this idea.

Test over chapters 4, 5, and 6 (Demand, Supply, and Market Forces will be 11/25-26

TODAY: Roses and Thorns, (7th Period Only: Project Benchmark work) "In The News", Continue "Demand" and begin "Supply" if time.

"In The News" Notebook Entry: Silently Read the "In the News" piece on page 107 of your text and answer the "Think About it" question

TODAY: Roses and Thorns, Seminar Make-Up Reminder, Loyola University "Visit", Measures 91 and 92, 
MPP Project Work (Project Benchmark #1), Homework


HOMEWORK:  (Due Nov. 6th / 7th) Answer these "Checkpoint questions in Ch. 5 "Supply". They are on pages 133, 135, and 141. Be sure you use all the Key Terms on pages 129 and 138 . This might be a stretch but ALSO keep in mind the video competition theme "Markets Promote Peace" and write at least two ideas about how the ideas in these sections might influence this idea.