Unit 3: Microeconomics

Module 3.1

California Grade 12 Economics Standard: 12.2.1. Understand the relationship of the the concept of incentives and substitutes to the law of demand.12.2.2. Discuss the effects of changes in demand on the relative scarcity and quantity of particular products.12.2.4. Explain how prices reflect the relative scarcity of goods and services and perform the allocative function in a market economy.Objectives: Students will be able to define demand and graph changes in quantity demanded.
  1. Introduction to demand activity
  2. Take notes on presentation using Unit 3 Study Guide
  3. Introduction to demand kahoot (2020: turn into Quizizz = homework)
  4. Quantity demanded practice worksheet
  5. Civic Mirror: Campaign speeches & election
  6. Homework: Effects of shifts in demand on quantity demanded worksheet (2020: add to tomorrow's homework packet)
Demand Introductory Lesson S2019

Module 3.2

California Grade 12 Economics Standard: 12.2.1. Understand the relationship of the the concept of incentives and substitutes to the law of demand.12.2.2. Discuss the effects of changes in demand on the relative scarcity and quantity of particular products.12.2.4. Explain how prices reflect the relative scarcity of goods and services and perform the allocative function in a market economy.Objective: Students will be able to graph changes in quantity demanded & demand
  1. Take notes on presentation using "cheat sheet"
  2. Complete the Quizziz linked in Google Classroom
  3. Civic Mirror: Auction
  4. Homework: Complete the Practice worksheet
Demand Introductory Lesson S2019

Module 3.3

California Grade 12 Economics Standard: 12.2.1. Understand the relationship of the the concept of incentives and substitutes to the law of demand.12.2.2. Discuss the effects of changes in demand on the relative scarcity and quantity of particular products.12.2.4. Explain how prices reflect the relative scarcity of goods and services and perform the allocative function in a market economy.Objective: 1) Students will be able to identify potentially elastic and inelastic markets. 2) Students will be able to graph changes in quantity demanded & demand
  1. Take notes on Elasticity of Demand
  2. Complete final graphing practice to prepare for tomorrow's graphing quiz
  3. Civic Mirror: Finish Auction (if incomplete)
Demand Introductory Lesson S2019

Module 3.4

California Grade 12 Economics Standard: 12.2.1. Understand the relationship of the the concept of incentives and substitutes to the law of demand.12.2.2. Discuss the effects of changes in demand on the relative scarcity and quantity of particular products.12.2.4. Explain how prices reflect the relative scarcity of goods and services and perform the allocative function in a market economy.Objective: 1) Students will be able to graph changes in quantity demanded & demand
  1. Check answers to final graphing practice using PPT
  2. Quiz Demand
  3. Government event preparation assignments given to Speaker of the House, the President & the President of the Senate
  4. All students complete a budget proposal for CM Year 2000 using this template to be turned in to Google Classroom.

Module 3.5

California Grade 12 Economics Standard: Objective:

1. Take notes on Supply using PPT and cheat sheet

2. Supply Quizizz

3. "Effects of shifts in supply on quantity supplied" Worksheet

4. Homework: Supply Quiz Practice

Module 3.6

California Grade 12 Economics Standard: Objective:

1. Grade Supply Practice HW using this PPT

2. Take notes on Elasticity of Supply (using PPT from previous module)

3. Elasticity Kahoot

4. Additional Supply Practice

Module 3.7

California Grade 12 Government Standard: Objective:

1. Supply Quiz

2. Civic Mirror: Government event

Module 3.8

California Grade 12 Economics Standard:Objective:

White coats (KS)

Medical Ethics + prices lesson activity

Homework: Market equilibrium Ed-puzzle

Module 3.9

California Grade 12 Economics Standard: Objective:
    1. Edpuzzle introducing Equiibrium
    2. Student work step-by-step through this presentation on how to graph equilibrium while practicing it in this handout.
    3. Independent practice using this worksheet.
    4. Practice format of final using this worksheet.
    5. Fall 2019: need an edpuzzle or ppt to guide through first one.


Module 3.10

California Grade 12 Economics Standard: Objective:

EdPuzzle Price Floor & Ceiling + Common assessment graphs

Module 3.11


California Grade 12 Economics Standard:
Objective:

Graphing Final + Market Event

Module 3.12


California Grade 12 Economics Standard:
Objective:

review for test:

  • Elasticity wkst
  • Quizizz
  • Finish Study Guide

Module 3.13


California Grade 12 Economics Standard: Objective:

Test (KS) + City Hall + case preparation for National Court (if no need for court, advance year & hidden agenda applications)