Ch 4 The Law of Demand

4.1 The Demand Curve Nearpod - YPJCN

Mmmm. Milk Mr. Clifford Demands a Gallon of Milk

• • Explain the Law of Demand

  • Interpret a Demand schedule and a demand curve

4.2 Elasticity( or responsiveness) of Demand Nearpod - KPQXL

Explaining Elasticity

The Short version Investopedia

The Long Version Mr. Clifford

Practice With Mr. Clifford

• • Compute the elasticity of Demand and explain its relevance

  • Discuss the factors that influence elasticity of demand

Actively Learn - 0bfnz

Edpuzzle

http://smallbusiness.chron.com/relationship-between-price-elasticity-total-revenue-24544.html

4.3 Changes in Demand

Shifting the Curve

Introducing Aggregate Demand

• • Identify the determinants of demand, and explain how a change in each affects the demand curve

  • Distinguish between the money price and the time price of a good