Learning Target: I can use supply and demand to model economic systems.
Do Now (In Google Classroom): What is a model?
As you read, lookup any words you don't know and add them to your notes.
These questions should be answered in a format this is shared with me:
Google Drive for full credit or Codepen for extra credit.
When you finish, think like an economist:
- How can we explain the relationship between the Super Bowl winner and changes in the stock market?
- Greeting card sales are another tried and true indicator, according to a vice president of American Greetings. Before a recession sets in, sales of higher-priced greeting cards rise. It seems that people substitute the cards for gifts, and since there is no gift, the card must be fancier. Do you think this is correlation