Tuesday, September 26th - Wednesday, September 27th, 2006
Price System
OBJECTIVE
Students shall be able to
identify market equilibrium,
identify market equilibrium graphically,
define equilibrium price,
define equilibrium quantity,
name the two forces that are equal at equilibrium,
explain why the equilibrium price is special,
define surplus,
define shortage,
identify surplus graphically,
identify shortage graphically,
identify the effect of changes in supply and demand on equilibrium price and quantity, and
define indeterminate.
ACTIVITIES
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!
ASSESSMENT PROCEDURES
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