Sorry for the lack of a post on Friday. We took an open-notebook quiz, did a current event, and watched a review video. At any rate, here is today's agenda:
1. Warm-up: If you found $10 on the floor one day, what would you spend it on? Would this item cost you anything (would you be giving something up)? Explain.
2. Introduce mini-unit on economics.
3. Video: Introduction to Economics
4. Key Terms worksheet from video
5. Discussion: Supply, Demand, and Prices
6. HW: Pick any good or service. List 3 things that would change the demand for this product and 2 things that would change the supply for this product.
We are doing a mini-unit on economics. With the break a day away, I couldn't see starting the Revolution, only to have you forget it over the 5 days you are gone. Economics is part of the state curriculum and will make up 1/4 of the social studies DSTP in May. It is important you pay attention in class as this is not in your textbook.