Lesson on Monday & Wednesday, November 5 & 7, 2018 (L43)

 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. 1. Students will compare the basic characteristics of the four market structures (monopoly, oligopoly, monopolistic competition, pure competition). 

Agenda: 

1. 1. Bell Ringer (10 min) 

2. 2. Complete 'Price & Decision Making' Concept Map and Note-taking guide presentations. (rest of class)  

3. 3. Complete the note-taking guide as each group presents their designated topic. 

4. 
   
5. 4. INTRODUCE PROJECT 

Home Learning:  

1. Begin Market Structures Project 

2. Tomorrow's S/A response question: 

1. 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.    

1. Sellers (3pts) 

2. Buyers (3pts) 

3. Compare/Contrast market structures (4pts)