Category Archives: 118.4.02

(2) Economics. The student understands the interaction of supply, demand, and price. The student is expected to:

(A) understand the effect of changes in price on the quantity demanded and quantity supplied;

(B) identify the non-price determinants that create changes in supply and demand, which result in a new equilibrium price; and

(C) interpret a supply-and-demand graph using supply-and-demand schedules.

Lesson plan for the Week of January 9th

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This week we will watch the movie/ documentary Closed for Storm we will have a detailed discussion over the economic impact of man-made and natural disasters on both individual people Microeconomics and on large communities Macroeconomics. Be prepared to discuss and write about the movie and the resulting economics conditions left in the wake of the closing of the park.