Tuesday, September 26th - Wednesday, September 27th, 2006

Price System


Students shall be able to

  1. identify market equilibrium,

  2. identify market equilibrium graphically,

  3. define equilibrium price,

  4. define equilibrium quantity,

  5. name the two forces that are equal at equilibrium,

  6. explain why the equilibrium price is special,

  7. define surplus,

  8. define shortage,

  9. identify surplus graphically,

  10. identify shortage graphically,

  11. identify the effect of changes in supply and demand on equilibrium price and quantity, and

  12. define indeterminate.



  1. Students shall complete a crossword puzzle using the textbook.


Assignment: Complete the Prentice-Hall chapter 6 crossword puzzle  (Word or PDF) using your textbook. This is due on Thursday!



Monitor and adjust, as needed. Grade the crossword puzzle.


TEKS involved: 4A, 4B, 5A, 7A, 7B, 10A, 10B, 19A, 21A, 21B, 23B, 24A, 24B, 24D