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Essential Question: How do consumers and producers work together to make economic decisions?
Standard(s): SSEMI2 The student will explain how the Law of Demand, the Law of Supply, prices, and
profits work to determine production and distribution in a market economy.
SSEMI3 The student will explain how markets, prices, and competition influence economic behavior.
WAP #2: Effects on price and quantity when supply and demand shift
Activating Strategy
Journal Entry Was there a time in your life when you had to work together to get some result? Describe
that time and what your overall result was due to collaboration?
Key Vocabulary to Preview:
Equilibrium
Market Clearing Price
Teaching Strategies
Graphic Organizer
Practice Problems
Yes (Formal)
No (Informal)
WAP #2: Effects on price and quantity when supply and demand shift
Date(s): October 23rd November 3rd
Yes (Formal)
No (Informal)
Supply and Demand Scavenger Hunt Students will locate real time articles using technology
(ipads/laptops/cell phones) that could shift the supply and demand curve of some good or service. They
will be responsible for identifying 12 articles. Once all articles are found, students will create a curated
resource list with access to the sites. Students will also create a presentation using an online tool of their
choice. They can access the curated resource lists for help on where to access different presentation tools
as well as different sites they can start at to find articles. Students will turn their presentations in using a
Padlet board. They will post both links (curated resource list & presentation) to the board to access for
presentation to the class as well as grading for the teacher.
Summarizing Strategy:
Students will share their scenarios with the class and we will popcorn around the room gathering answers
and answering questions.
Summative Assessment:
Supply and Demand Quiz