Lesson Plan for Feb 25 to March 2

February 26 to March 2 Chapter 4 Demand
Students will understand the Law of Demand and demand elasticity. Students will explain how demand helps societies determine Want, How, and For Whom to produce, Students will be able to name and explain the variables of demand and demand elasticity. Students will be able to apply the total expenditures test to determine product elasticity.

Chapter 1 What is Economics

January 29 to February 5. Chapter 1 What is Economics?
Students will learn the concepts of Scarcity, the basic economic questions What, How, and for Whom to produce, and the factors of production, basic economic concepts, economic choices and decision-making.
NOTE I will be out of the classroom on Wednesday we will be watching a video over global economic issues.