Weekly Plan 4/4 - 4/15

Monday - TE Session 3.10 Price effect vs Quantity effects
   LO  - SWBAT understand the difference between elasticity of price and quantities
Tuesday - TE Session 3.11 Price ceilings and price floors
  LO - SWBAT explain how price floors and ceilings disturb market equilibrium
Wednesday - Review in class
Thursday - Test 3.7 - 3.11
Friday - End 3rd Quarter

Monday - Introduction to labor markets
  LO - SWBAT explain the key points in labor negotiations
Tuesday -   (Ellis gone all day)  TE 5.1 Labor in the Economy
  LO - SWBAT explain how incentives effect labor markets
Wednesday -   (Ellis gone all day) TE 5.2  Changes in Labor Supply & Demand
  LO - SWBAT list and describe three determinants for Demand and two for supply
Thursday -  1/2 Day parent Conferences  (Ellis Gone all Day)  TE 5.3 Government effect on labor
  LO - SWBAT discuss the cost and benefits of minimum wage laws
Friday - No School

Econ Discussion #6 - New Markets

With the NFL players and owners locked out, what will the U.S. do this fall?  Will new markets open up?  Will fans watch games with replacement players?  What will advertisers do? Will companies promote on other shows? or will they stop promotion?  What will the networks do?

Read the following article

NFL advertisers

Post your opinion on what the possible loss of a NFL season will mean to the U.S. Economy

Econ Discussion #5 - Japan recovery

As one of the largest natural disastors hits Japan, the economic impact will be signigicat.  Find information on your own that details the economic impact.  Look at your industry and try to determine the impact to your industry.  Post comments about economic impact to Japan and any foreign markets.  See if you can find something on Klamath County impact.

The links below are a good start.  The first link is just video footage of the actual earthquake.  The second link is a website that has several articles on economic impact.  Most numbers will change drastically over the next few weeks.


Earthquake footage 

Collection of Economic impact articles

Weekly Plan 3/14 - 3/18 3/28-4/1

Monday - TE Session 3.6
   LO - learning about difference between Qty Supplied and Supply
Tuesday - Review Session 3.1-3.6
  LO - learning key points covering 3.1 - 3.6
Wednesday Test Session 3.1 3.5
  LO - applying learned knowledge in exam
Thursday - Industry Research - Elasticity
  LO  - learning how price affects Demand
Friday - Stock Market simulation
  LO  - learning how to purchae and research stocks as investments

Monday - TE lesson 3.7 - magic of markets
  LO - learning how markets affect each other
Tuesday - TE lesson 3.8 Change in S/D market analysis
  LO leaning how supply and dmeand affect each other
Wednesday - Supply and Demand analaysis discussion
  LO - learing throgh graphing how supply and demand interact
Thursday - Industry discussion - elasticity of demand
  LO - learning current examples of elasticity in various markets
Friday - TE lesson 3.9 Changes in S/D market analysis
  LO - learning how to intrepret changes in markets

Stock Market Simulation

This game is for fun.  No grades attached, but a good leanring tool for investing.

go to

Stock market simulation website

• Create an account
• Search for KUECON group
• Join group
• Begin investing

Industry Analysis Part #4 - Elasticity of Demand

Research the impact of price on demand for your product.  Price Elasticity determines the slope of a demand curve.  Find out in your industry how the consumer reacts to price changes.  Does the consumer want more or less?  or does the consumer  demand not change much.?

Have a one page written response due 3/17 and class discussion on 3/17

Econ Discussion #4 March Madness

As CBS and Turner sign a 10 billion 14 year TV deal for March Madness, lets look at the new format.  Read the following articles and watch the videos and post comments based on the ideas below.


Advertising Age - March Madness viewpoint
Detailed benefits to the new contract
Economic Impact - Short video
Overview of Contract

• What part of viewership will change, overall viewership, specific game viewership or both?
• Who does the new contract benefit, the consumer or the producer?
• Why did CBS want to change the deal?
• Will this impact your March Madness experience?