Monday, October 16th, 2006
Market Failures: Monopoly
OBJECTIVE
Students shall be able to
define monopoly.
identify characteristics of monopoly.
explain how a monopolist maximizes profit.
list examples of monopoly.
define natural monopoly.
ACTIVITIES
Students shall watch "Economics USA: Monopoly."
Answer questions from the video.
Assignment:
Watch "Economics USA: Monopoly."
Answer questions from "Economics USA: Monopoly" on the left side of your notebook.
ASSESSMENT PROCEDURES
Monitor and adjust as necessary. Check student responses in the notebook.
TEKS involved: 2A, 2B, 2C, 2D, 4A, 4B, 7A, 9C, 12B, 15A, 15B, 19A, 19D, 21A, 23B, 24A, 24B, 24C, 24D, 26B, 26C, 26D