Production Possibilities Curve and Supply and Demand

Production Possibilities Curve Video


Supply and Demand Review Video


Bellwork: In the movie, Monster's Inc. what was scarce?

Objective: Analyze production possibilities curves to describe opportunity costs and trade offs. Describe how markets function: laws of supply and demand.

Activity: Production Possibilities Curve PowerPoint Lecture and Laws of Supply and Demand lecture. PPC worksheet and Supply and Demand worksheet

Homework: have a parent/guardian sign the syllabus, due Friday, January 9th
See Master Schedule for more details on homework

Absent? Review the PowerPoints below and take notes on the underlined portions.

Production Possibilities Curve PowerPoint:

Supply and Demand PowerPoint: