UNIT: Supply (April 22-May7,2015)

This is our unit plan.  Below the unit plan is a brief outline of what we do in class each day.  IF YOU ARE ABSENT be sure to check BOTH!!

UNIT: Supply (How Markets Work)
	For links to the assignments/readings/notes below, SELECT HERE!!!!
Learning Targets for the Unit: I CAN...explain the law of supply. I CAN...interpret a supply schedule and a supply graph. I CAN...examine the relationship between elasticity of supply and time. I CAN...explain how firms decide how much labor to hire in order to produce a certain level of output. I CAN...analyze the production costs of a firm. I CAN...explain how a firm chooses to set output. I CAN...identify the factors that a firm must consider before shutting down an unprofitable business. I CAN...explain how factors such as input costs create changes in supply. I CAN...identify ways that government can influence the supply of goods. I CAN...analyze other factors that affect supply. I CAN...explain how firms choose a location to produce goods. Essential Question(s) for the Unit: HOW DO SUPPLIERS DECIDE WHAT GOODS AND SERVICES TO OFFER? What impacts supply? How can a producer maximize profits? What impacts shifts in supply?
COLOR KEY:   WEBSITE/REVIEW VIDEO LINK    SUMMATIVE ASSESSMENT    CLASS NOTES    DUE DATE
Date	Assignment/Activity	Description/Directions (select above for unit folder with assignments)	Due Date
	UNDERSTANDING SUPPLY (Chapter 5 Section 1)	SELECT HERE FOR REVIEW VIDEO - Intro to Supply SELECT HERE FOR REVIEW VIDEO - Elasticity of Supply 1. Read Chapter 5 Section 1 2. Complete the table on pg. 109 as you read. 3. After reading complete #3-9 on pg. 115. 4. Law of Supply Practice wkst 5. Supply charts & graphs practice wkst SELECT HERE FOR SECTION 1 NOTES	FRI 4/24
	COSTS OF PRODUCTION (Chapter 5 Section 2)	SELECT HERE FOR REVIEW VIDEO - Supply Curve 1. Read Chapter 5 Section 2 2. Complete the web on pg. 116 as you read. 3. After reading complete #3-9 on pg. 122. SELECT HERE FOR SECTION 2 NOTES	FRI 4/24
	CHANGES IN SUPPLY (Chapter 5 Section 3)	SELECT HERE FOR REVIEW VIDEO - Supply Curve Shifts 1. Read Chapter 5 Section 3 2. Complete the chart on pg. 123 as you read. 3. After reading complete #3-10 on pg. 128. SELECT HERE FOR SECTION 3 NOTES	FRI 4/24
4/24	Formative Assessment	1. Take quiz for Sections 1-3 2. Correct and note accurate answers 3. Go over quiz with neighbor to determine why the correct answers are correct
	Vocabulary	1. For all vocab words, create a picture or example that matches/helps you to remember or understand the definition SELECT HERE FOR SUPPLY VOCABULARY REVIEW VIDEO	TUES 4/28
5/6	TEST	1. Vocab Test (No notes) 2. MC & SA Test (you can use all class work except formative quiz and textbook)

Daily Activities

Most activities/assignments listed here are explained & detailed in the chart above.

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APRIL 20 - 24 2015

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Wednesday (April 22) 

1. Finish test corrections
2. Work time on Supply Reading Assignments

Thursday (April 23) 

1. Work time on Supply Reading Assignments due: Friday

Friday (April 24)

1. Formative Quiz on Supply
2. Correct quizes - with a partner, go over and correct answers

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APRIL 27 - May 1 2015

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Monday (April 27)

1. Go over correct answers in small groups
2. Vocabulary Assignment - for each word/definition, draw a picture or write a specific example to show understanding of the definition - due: Tues.

Tuesday (April 28)

1.  Watch review video on Elasticity of Demand
2. Vocab - if done small group work

Wednesday (April 29) 

1. Go over law of supply in section 1 notes
2. Complete law of supply ANd supply charts and graphs practice worksheets
3. Go over wkst answsers for law of supply practice wkst
4. Go over elasticity of supply in section 1 notes

Thursday (April 30) 

1. Go over section 2 notes

Friday (May 1)

NO SCHOOL

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May 4 - May 8, 2015

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Monday (May 4)

1. Go over caluclating profit chart
2. Work on test review wkst 

Tuesday (May 5)

1. Go over section 3 notes
2. Do Section 3 wkst & go over answers

Wednesday (May 5) 

1. TEST - M.C. Supply Unit

Thursday (May 6)

1. Quiz - Vocab
2. Work time on reading assignment for "Prices"

UNIT: Demand - How Markets Work (April 7-22,2015)

This is our unit plan.  Below the unit plan is a brief outline of what we do in class each day.  IF YOU ARE ABSENT be sure to check BOTH!!

UNIT: Demand (How Markets Work)
	For links to the assignments/readings/notes below, SELECT HERE!!!!
Learning Targets for the Unit: I CAN...explain the law of demand. I CAN...describe how the substitution effect and the income effect influence decisions. I CAN...create a demand schedule for an individual and a market. I CAN...interpret a demand graph using demand schedules. I CAN...explain the difference between a change in quantity demanded and a shift in the demand curve. I CAN...identify factors that create changes in demand and that can cause a shift in the demand curve. I CAN...show how a change in demand for one good can affect demand for a related good. I CAN...explain how to calculate elasticity of demand. I CAN...identify factors that affect elasticity. I CAN...explain how firms use elasticity and revenue to make decisions. Essential Question(s) for the Unit: Who benefits from the free market economy? How do households decide what to buy? How can households affect demand? How can firms affect demand?
COLOR KEY:   WEBSITE/REVIEW VIDEO LINK    SUMMATIVE ASSESSMENT    CLASS NOTES    DUE DATE
Date	Assignment/Activity	Description/Directions (select above for unit folder with assignments)	Due Date
	UNDERSTANDING DEMAND (Chapter 4 Section 1)	SELECT HERE FOR REVIEW VIDEO - Demand Overview SELECT HERE FOR REVIEW VIDEO - A Deeper Look at Demand 1. Read Chapter 14 Section 1 2. Complete the table on pg. 85 as you read. 3. After reading complete #3-9 on pg. 90. SELECT HERE FOR CLASS LECTURE NOTES	THURS 4/9
	SHIFTS IN THE DEMAND CURVE (Chapter 4 Section 2)	SELECT HERE FOR REVIEW VIDEO 1. Read Chapter 14 Section 2 2. Complete the web on pg. 91 as you read. 3. After reading complete #3-9 on pg. 96. SELECT HERE FOR CLASS LECTURE NOTES	THURS 4/9
	ELASTICITY OF DEMAND (Chapter 4 Section 3)	SELECT HERE FOR REVIEW VIDEO - Elasticity of Demand SELECT HERE FOR REVIEW VIDEO - Calculating Demand and Revenue 1. Read Chapter 14 Section 3 2. Complete the chart on pg. 97 as you read. 3. After reading complete #3-10 on pg. 104. SELECT HERE FOR CLASS LECTURE NOTES	THURS 4/9
4/9	Formative Assessment	1. Take quiz for Sections 1-3 2. Correct and note accurate answers 3. Go over quiz with neighbor to determine why the correct answers are correct
4/10-4/13	Vocabulary	1. For all vocab words, write the definitions 2. For your assigned words, complete all squares 3. Share your assigned squares with small group SELECT HERE FOR DEMAND VOCABULARY	MON 4/13
4/15 4/17	Test Review	1. Complete wkst review for demand 2. Complete "Calculating Elasticity of Demand" wksts 3. Answer Key for both above (to check answers) is on the back of wkst #2 Here are the answers & "how-to"
4/20	TEST	Test for Unit 3 (Demand) -you CAN use your notes (not the textbook or pre-test)
4/21	TEST	1. Complete Vocabulary Test     -No notes 2. Finish Unit 3 Test

Daily Activities

Most activities/assignments listed here are explained & detailed in the chart above.

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APRIL 6 - 10 2015

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Monday (April 6)

NO SCHOOL

Tuesday (April 7)

1. CNN Student News
2. Work on test corrections
3. Start reading for Unit 3 (Chapter 4: Demand)

Wednesday (April 8) 

1. Finish test corrections
2. Reading Assignment work time

Thursday (April 9) 

1. Completion check on homework
2. Take formative quiz 
3. Correct and note accurate answers
4. With a neighbor, go over and discuss answers

Friday (April 10)

1. Go over "notes" part of each assignment
2. Work on vocab assignment due: Monday

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APRIL 13 - 17 2015

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Monday (April 13)

1. Go over vocab squares with your "expert group"
2. In your "share groups" present your vocab and go over answers to assignment - mark areas in which you still have questions after discussion

Tuesday (April 14)

1. Lecture & Notes - understanding demand and what causes shifts in demand curves

Wednesday (April 15) 

1. Complete Test Review
2. Lecture & notes - determinants of elasticity of demand, elastic and inelastic shifts

Thursday (April 16) 

1. Lecture & Notes - calculating elasticity of demand from demand schedules & graphs, calculating revenue, impact of demand & pricing on revenue

Friday (April 17)

1. Practice calculating elasticity of demand; test review
TEST MONDAY

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APRIL 20 - 24 2015

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Monday (April 20)

1. Test - Demand (Unit 3)

Tuesday (April 21)

1.  Take Vocab test and finish test

Wednesday (April 22) 

1. 

Thursday (April 23) 

1. 

Friday (April 24)

1.