Aim: Why do businesses in different industries experience varying degrees of competition in a market economy and what is the impact of that competition on consumers, society and the government?
Bell Ringer: Read p. 184 "Spotlight on the Economy" re: Lord of the Rings.
Objectives:
- 1. Students will compare the basic characteristics of the four market structures (monopoly, oligopoly, monopolistic competition, pure competition).
Agenda:
1. Bell Ringer (10 min)
2. Journal 39 – How does lack of competition increase prices for the consumer? (10 min)
3. Have students work on a concept map about their assigned section of the Market Structures note-taking guide. (rest of class)
****CONCEPT MAPS ARE DUE TODAY, NOT TOMORROW. I AM EXPECTING TO SEE THEM IN MY MAILBOX WHEN I WALK IN FRIDAY AT 7AM****
Home Learning:
NO HW! =)
No comments:
Post a Comment