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: Journal 41 – To what extend do you think government should be involved in the free enterprise economy? Defend your answer.
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. Market Structures Quiz (10 min)
3. Students are to continue working on their "Market Structure Project"
4. Grade journals 31-40
Home Learning:
1. Continue working on the Market Structures Project
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: Section 3 Review, 3 - 5
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. Complete 'Price & Decision Making' Concept Map and Note-taking guide presentations. (rest of class)
3. Complete the note-taking guide as each group presents their designated topic.
4. INTRODUCE PROJECT
Home Learning:
1. Begin Market Structures Project
2. Tomorrow's S/A response question:
Choose one market structure covered in class. Describe the role of the seller(s), buyer(s), and how your chosen market structure compares to another market structure.
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: Journal 40 – Which agencies listed in the table are familiar to you? Which affect you directly? Why? Re: Figure 7.4
Objectives:
Students will compare the basic characteristics of the four market structures (monopoly, oligopoly, monopolistic competition, pure competition).