

Title


Background

Supply
Demand
Price
Equilibrium
XY scatter graph
tables 


Expected Outcome Of This Lesson Plan

1.Demonstrate the relationshiip of supply and Demand when supply decreases
2.Demonstrate the relationshiip of supply and Demand when supply increases
3.Demonstrate the relationshiip of supply and Demand when demand decreases
4.Demonstrate the relationshiip of supply and Demand when supply increases 


Teacher Objectives

1.Demonstrate how demand increases when price decreases
2.Demonstrate how demand decreases when price increases
3.Demonstrate how supply increases when price increases
4. Demonstrate how supply decreases when price decreases 


Resources

LCD projector
computers
Excel Software
Data sheet handouts 


Teaching Methods

1. Lesson Introduction
1.Explain relvancy (Iran controversy, etc) 


2. Lesson Progression
1.Demonstrate properties of table and graph showing supply and demand.
2.Explain why when on variable changes the other variables also change
3.demonstate changes as occurs when numerical values in changes in talbe result in corresponding changing in chart 


3. Guided Practice
1.Teacher creates XY scatter graph



4. Student Practice
1.students create table
2.students create graphs 


5. Learner Accommodations
1. Sped students are assisted in creating tables and charts and are allowed to list relationships they see that exist between various varables 


6. Assessment
1. Observe student tables and graphs as working. 


7. Lesson Closure
1.Students and teacher discuss what happens when prices change or what happens when demand changes or what happens when supply changes 


Measuring Student Progress

1.Friday Quiz over material along with having students create table and graph of factual situation when there has been a profound shift in supply
2. 



