SUPPLY AND DEMAND Bundle - Includes Seven Complete Lessons

This product bundles together my seven lessons on this most essential economic model. With properly labeled graphs and reasoned analysis, students interpret the meaning behind and predict the impact of various events in the microeconomy.

UNIT DESCRIPTION

As the foundational "strand" in any Economics course, Supply and Demand emphasizes the creation of two-variable graphs and the analysis required to understand how events affect market equilibrium. By calculating consumer and producer surplus, and by witnessing the effects of government intervention, students discover the peril of ill-advised attempts to interfere with a free market. The unit ends with a thorough examination of elasticity, a vital concept to understanding the inner workings of a market.

SEVEN COMPLETE LESSONS

1. Economic Graphs
2. Law of Demand
3. Law of Supply
4. Equilibrium
5. Deadweight Loss
6. Price Controls and Quotas
7. Price Elasticity of Demand

STUDENT MATERIALS INCLUDED WITH EACH LESSON

1. Warm Up Activity -- collaborative activity to engage student attention
2. Desired Results -- advance organizer that lists what students are expected to learn
3. * Notes -- Cornell-style note sheet for students to fill out during the lecture
4. Class Activity -- interactive activity where students apply the new learning
5. * Quiz -- formative assessment with 10 multiple-choice and 3 short-answer questions
6. * Homework -- practice assignment based on the day’s material

* Includes three versions to allow for Differentiated Instruction

TEACHER MATERIALS INCLUDED WITH EACH LESSON

1. Answer Keys -- provide the answers for all student materials listed above
2. Lesson Plan -- includes detailed instructions for the teacher
3. PowerPoint Presentation -- contains the lecture slides and acts as a guide for all activities

UNIT MATERIALS IN THE BONUS DOWNLOAD

* Test -- differentiated posttest with 70 multiple choice questions and 21 short response problems.